WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.

Banking 49

Banking Advocacy Legislation Dispensary 49

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. Treasurer Tyler Klimas, Executive Director of the Nevada Cannabis Compliance Board, At-large board member Steve Marks, Executive Director of the Oregon Liquor and Cannabis Board. Andrew Brisbo. “I

Compliance 98

Compliance Compliance Programs Topical 98

WeedAdvisor

SEPTEMBER 18, 2019

According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Outside the walls of the House and Senate, banking industry insiders and advocates are clamouring to have the SAFE Banking Act passed. Skipping Ahead. .

Banking 45

Banking Dispensary Legislation State Laws 45

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. I’ve seen dispensary employees have their bank accounts shut down.

Banking 40

Banking Hemp Marijuana Events 40

Cannabis Law Report

JULY 31, 2019

Eleven states have allowed for legal adult and medicinal use of cannabis in a regulated program. Twenty-three states have a comprehensive medical marijuana program. With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture.

Banking 40

Banking Research and Development Safety Legislation 40

MMJ Recs

MARCH 16, 2024

Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols. Effective supply chain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.

Supply Chain 105

Supply Chain Research and Development Marijuana Seed-To-Sale 105

SpeedWeed

APRIL 3, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Banking 52

Banking Legalization Compliance Compliance 52

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. House Judiciary Committee.

Legislation 164

Legislation Decriminalization Hemp Patients 164

MMJ Recs

MAY 5, 2024

Following Proposition 215, the legal framework surrounding medical marijuana continued to evolve and in 2003, the California State Legislature enacted Senate Bill 420 , also known as the Medical Marijuana Program Act. These include access to banking services, federal prohibition, and ongoing regulatory issues.

Law 52

Law Marijuana Cultivation Patients 52

Cannabis Law Report

NOVEMBER 5, 2021

– Integrated solution provides a single platform for compliance with vaccination status tracking and weekly testing requirements – STONY BROOK, N.Y. & By providing both vaccine status management and weekly COVID-19 testing, the integrated platform offers a single solution for compliance with the ETS.

Compliance 52

Compliance Compliance Research and Development Therapy 52

SpeedWeed

APRIL 2, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Education 52

Education Banking Hemp Compliance 52

Cannabis Law Report

JUNE 15, 2022

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.

Business 52

Business Marijuana Safety Banking 52

NORML

FEBRUARY 22, 2019

Update : HB 2149 was approved by the Public Safety Committee on 2/20. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your lawmakers in support of banking access. AZ resident? Connecticut. CT resident?

Legislation 176

Legislation Hemp Compliance Compliance 176

SpeedWeed

MARCH 20, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Cannabis 52

SpeedWeed

MARCH 18, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Senate Bill 34 would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions.

Legislation 134

Legislation Hemp Patients Compliance 134

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. Update : H.333

Legislation 167

Legislation Patients Access Seed-To-Sale 167

SpeedWeed

JULY 7, 2021

Integrated Pest Management Programs: Tips that Will Save You’re A$$. The Importance of Food Safety in the Cannabis Industry. Business / Legal / Finance Seminars: Cannabis Business and Banking Solutions. Reducing Labor Cost and Product Waste Utilizing RFID-based Compliance Solutions. Processing Seminars: .

Media 52

Media Packaging Food Safety 52

SpeedWeed

MARCH 19, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Dispensary 52

Dispensary Banking Legislation Safety 52

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. Update : The Criminal Justice and Public Safety is scheduled to hold an executive session on HB 481 on 2/21 at 11:00am in LOB 204.

Legislation 160

Legislation Hemp Compliance Compliance 160

Cannabis Law Report

MAY 14, 2022

Momentum Builds in Senate for Passing SAFE Act – Bipartisan support in the Senate grows for passage of the SAFE Banking Act, which would facilitate banking access for cannabis companies. MS – A total of 10 counties and 17 municipalities have opted out of participating in Mississippi’s new medical cannabis program.

Banking 52

Banking Recreational Research and Development Cannabis 52

Cannabis Law Report

MAY 13, 2019

These days, the industry in Nevada faces some steep challenges, including the lack of banking services and some serious questions — raised in numerous lawsuits — that the state’s process for distributing conditional licenses was unfair. Cannabis Compliance Board: At a budget committee meeting last month, Sisolak’s chief counsel J.

Legislation 58

Legislation Banking Consumption Conditions 58

Cannabis Law Report

DECEMBER 16, 2021

Because recreational use of marijuana is increasing, especially as more states legalize it, the CDC believes it’s important for all workplaces to implement and address marijuana policies in their motor vehicle safety programs. This program gives New Mexico an edge in the growth of cannabis infrastructure.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

The Blunt Truth

OCTOBER 29, 2019

While the law set the record straight between hemp and marijuana, it also tasked the US Department of Agriculture (USDA) with promulgating regulations and guidelines to establish and administer a program for the production of hemp in the US. This provision of the bill varies from the Personal Care Products Safety Act ( S.

Hemp 45

Hemp Legislation CBD Research and Development 45

Cannabis Chronicles

APRIL 2, 2019

Banks don’t give lines of credit in our space, so we’re limited to private investors in the state of Washington,” said Ryan Kunkel, chief executive of Have A Heart, a chain of marijuana stores that has agreed to let its workers unionize. “The Rebecca Saldaña.

Legalization 100

Legalization Business Legislation Banking 100

Otherside Farms

SEPTEMBER 17, 2019

It’s Impossible to Bank in the Weed Industry. Curious about why it’s impossible to bank in the weed industry? The answer is simple: Many credit card companies and banks are afraid to give accounts to people in the marijuana business. On the bright side, the U.S. On the bright side, the U.S.

Law 64

Law Marijuana Banking Decriminalization 64

Canna Law Blog

JULY 30, 2019

Interestingly enough, it’s safe to say that the chaos that commenced with initial licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”) has never really abated. No real banking options. California’s regulations for its licensees are not super tough.

Collective 56

Collective Banking Cannabis Compliance 56

Cannabis Law Report

MARCH 29, 2019

An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. The committee has covered issues that are out of the state’s control like banking, but there is plenty of room for discussion on other controversial issues.

Law 45

Law Policy Programs Topical 45

Cannabis Law Report

APRIL 5, 2019

This has had a significant impact on marijuana businesses operating in compliance with Maine law across the state. . The bill will also apply to any marijuana establishment that receives a license from Maine’s adult use program in the future. Progress is being made at the federal level as well.

Access 45

Access Marijuana Legislation Education 45

Cannabis Law Report

JUNE 20, 2019

The House Appropriations Committee approved the 2020 Financial Services and General Government bill, which includes a cannabis banking provision that would prohibit financial regulators from spending money to go after financial institutions that do business with lawful cannabis companies. Arizona enacted S.B. Nevada enacted A.B.

Seed-To-Sale 40

Seed-To-Sale Hemp Food CBD 40

Marijuana Lawyer Blog

APRIL 15, 2019

Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges.

Policy 45

Policy Programs Banking History 45

Canna Law Blog

NOVEMBER 16, 2021

This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)).

DEA 88

DEA Business Banking Food 88

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. Thereafter, Dr. Imani Brown joined DCR as City’s First Social Equity Program Manager working to develop the program further and lend support to its platform. .

Law 59

Law Banking Hemp Retail 59