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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. That’s banking.

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Top 10 Lessons from Cannabis for the Future Regulated Psychedelic Industry

Canna Law Blog

Whether or not the federal government takes a position of non-enforcement, psilocybin contracts will face serious issues given the state of federal law. Federal (and possibly even state) courts may refuse to enforce contracts that involve a federally illegal substance, even if authorized by state law.

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ChatGPT and Cannabis: Not Bad, Not Bad at All

Canna Law Blog

A few years ago I wrote a somewhat tongue-in-cheek blog post titled, “Cannabots – Are the Robots Coming For Your Weed,” which discussed the application of robotics to the cultivation of marijuana. In any event, ChatGPT is pretty fun! The results, below, are impressive, though less scintillating than the Roose piece.

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Security company stopped for hauling legal cannabis funds across Kansas settles federal suit – Litigation over Kansas case continues

Cannabis Law Report

Conversations between state and federal law enforcement agencies stemming from this stop resulted in a series of events in which Kansas and California officers seized more than $1.2 Federal law prohibits the U.S. The prohibition, known as the Rohrabacher–Farr Amendment, became law in 2014 and must be renewed every year.

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The Biggest Pitfalls of California Cannabis Leases in 2019

Canna Law Blog

.” The timing of the state’s issuance between these two license types is wildly different though and it will make a difference for the lease at issue in that many landlords contemplate cancellation of their leases in the event state licensure of some kind isn’t secured by a set date.

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GABY Signs 20-Year Veteran Executive Marshall Minor as Chief Financial Officer and Continues to Consolidate its Asset Base and Realize Synergies within its California Operations

Cannabis Law Report

“My diverse career path has allowed me to work across several high-caliber companies, generating development growth in some of the most sophisticated and competitive markets within cannabis, real estate, and investment banking,” said Minor. are subsidiaries of GABY and hold a cannabis license in the State of California.

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New Kid on the Block: States Reform Act

Canna Law Blog

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”)). Age limits (21). Federal Alcohol Administration Act control.

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