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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. That’s banking. Cannabis dispensaries, cultivators, processors and testing facilities all fall under this definition.

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Coming Up: Cannabis Business & Law Events with Clear-Headed Guidance

Burns Levinson (Cannabusiness advisory)

Today, our team is celebrating by gearing up for two exciting events hosted by Burns & Levinson featuring experts and cannabis marketplace pros from across the industry. However, the legality is questionable, and as cashless ATMs may be violating the policies of major credit card companies, the method may soon be shut down.

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Federal policy kills buzz for advertising pot

Cannabis Chronicles

Much the way banks are unwilling to finance cannabis startups, television networks and online advertising marketplaces are understandably cautious because the Feds still classify marijuana as a Schedule 1 drug alongside heroin and ecstasy. Many companies rely on the “bud tenders” manning the counter at dispensaries around California.

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Sha’Carri Grills IOC Over Controversial Ruling, WA Senate Passes Dispensary Protection Bill, & USPS Labor Shortages

Veriheal

Following the announcement of Velieva’s eligibility, Richardson took to Twitter to call out the Olympic Committee’s uneven enforcement of its drug policy. According to Tom Bout, founder of the Cannabis Professionals Network, over 30 Washington dispensary robberies have occurred since November 2021. ” Richardson wrote.

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In Congress, a Changed House Finally Looks at Cannabis Banking

SpeedWeed

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Here’s How Cannabis Companies Are Banking Legally on the Down Low. “We are all late,” Rep. .”

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The Week in Weed: March 19, 2021

The Blunt Truth

Will the SAFE Banking Act finally have its day in the Senate? And finally, in a victory for effective product placement, the Girl Scouts are back in front of dispensaries. Further bulletins as events warrant. The SAFE Banking Act returns for another shot at enactment. It’s hard to tell. new mexico. and finally.

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Protect Your Cannabis Business from Crime Risks

Canna Law Blog

Increasingly, cannabis businesses, particularly dispensaries, are targets for robbery or other criminal activity. Federal law still treats cannabis as a Schedule I narcotic, which means businesses have limited access to banking. The reason that cannabis businesses are being hit particularly hard is not hard to fathom.