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Credit Union and Banking Update for Hemp and Marijuana Industries

Greenspoon Marder Cannabis Law Group Blog

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. Last week at a CannaGather event in New York City Rep.

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

Veriheal

According to Tom Bout, founder of the Cannabis Professionals Network, over 30 Washington dispensary robberies have occurred since November 2021. In the meantime, the state’s Liquor and Cannabis Board is communicating the following safety tips with cannabis retailers : Hire armed security guards. Ed Perlmutter?

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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: May 29, 2020

The Blunt Truth

In federal news, the marijuana banking provisions in the latest relief bill may not be dead on arrival. As we all know, the state allowed medical marijuana dispensaries to remain open during the pandemic, but recreational shops were forced to close. Oklahoma is having some medical marijuana issues. Virginia decriminalized marijuana.

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The Week in Weed: April 24, 2020

The Blunt Truth

Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) just introduced the Emergency Cannabis Small Business Health and Safety Act in the House of Representatives. marijuana banking. Ed Perlmutter (D-CO) is optimistic that cannabis banking could make its way into one of the next two relief packages. See text of bill here.

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Visit Cannabiz Media at CannaCon Midwest Chicago

SpeedWeed

The event will bring together cannabis industry professionals from the Midwest region of the country with tickets available for the expo and seminars or just the expo. The Changing Expectations of Dispensary Consumers. Life after SAFE Banking – Unlocking Payments, Lending, and Other Financial Services for Your Cannabis Business.

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Weekly Legislative Roundup 2/1/19

NORML

And officials in San Francisco, California are considering a proposal to allow marijuana to be socially consumed and sold at temporary events. Click here to email your lawmakers in support of banking access. Update : The Criminal Justice and Public Safety Committee is holding a public hearing on HB 481 on 2/05/19 at 1:00pm, Reps Hall.