The Blunt Truth

SEPTEMBER 3, 2020

Further bulletins as events warrant. It’s been a busy week for the Golden State. Assembly Bill 1525 allows cannabis banking under California state law. Governor Pete Ricketts recently declared that there is no such thing as medical marijuana. california. The legislature approved two marijuana measures.

DEA 98

DEA Banking CBD Edibles 98

Canna Law Blog

DECEMBER 17, 2019

It’s no secret many cannabis businesses can’t get bank accounts or loans or lines of credit from financial institutions because of the Bank Secrecy Act and federal anti-money laundering laws — despite current FinCEN guidance.

Business 64

Business Banking Events Cannabis 64

Cannabis Law Report

JULY 14, 2021

federal law. Strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law, nor will it provide a defence to any federal proceeding which may be brought against the Company. Forward-looking statements are statements that relate to future, not past, events.

Research and Development 105

Research and Development Clinical Trials Events Treatment 105

Canna Law Blog

FEBRUARY 23, 2023

This can change from state to state and in many cases, voting thresholds can be changed by internal agreement. So cannabis entities need to take a hard look at both state law and their corporate governance documents to determine how to start that process. The wind-up process is where all of the loose ends must be tied up.

Banking 75

Banking Business Cannabis Law 75

Cannabis Law Report

APRIL 14, 2022

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. Returning this money is the right thing to do.”.

Legalization 52

Legalization Dispensary Banking Law 52

Canna Law Blog

NOVEMBER 17, 2021

It was the first conference for the ABA’s new Global Cannabis section and the first live event I’ve done since COVID started. In denying the motion, the Georgia Supreme Court deferred obsequiously to federal law and the illegality of cannabis. Other states, most recently New York, have taken a close look at 8.4(b)

Cannabis 75

Cannabis Banking Oil Treatment 75

Cannabis Law Report

JUNE 11, 2021

Cannabis cannot be lawfully prescribed by physicians; physicians can only “recommend” its use to patients based on individual state laws that identify who qualifies as a patient for its use. This answer depends on state law. That’s about it though. Can anyone own and operate a ketamine clinic?

Law 104

Law Compliance Compliance DEA 104

The Herb Collective

APRIL 29, 2019

A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Unfortunately, cannabis consumers in the state are still only able to pay for their purchases in cash or use an ATM-at-the-register payment system with high fees.

Law 45

Law Marijuana Banking Packaging 45

Cannabis Law Report

AUGUST 8, 2019

Whilst English law presumes that English criminal statutes do not extend to acts wholly undertaken outside the U.K., to be paid into his Spanish bank account and allowed the fraudsters to withdraw money from that account. subject to the restriction that a significant part of the underlying criminality must have taken place in the U.K.

Legalization 40

Legalization Banking Compliance Compliance 40

Cannabis Law Report

OCTOBER 12, 2021

She brings 20 years of experience in the financial industry, specifically 10 years in banking and underwriting. In addition, pursuant to an employment agreement with Mr. Jake Cohen , the Company has agreed to make certain bonus payments in the event of the successful expansion of the Company’s business into new states.

Extraction 52

Extraction Business Hash Events 52

Cannabis Law Report

JANUARY 10, 2020

More and more states across the South are adopting medical marijuana regimes. One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level. With this growth comes growing pains. purchase cost of inventory throughout the year + (plus).

Marijuana 45

Marijuana Business Decriminalization Legislation 45

Canna Law Blog

JANUARY 31, 2022

While you still can’t register trademarks with the USPTO for cannabis goods, there is now all kinds of intellectual property and brand strategy that goes into state law registration and registration for ancillary goods and services classes. Intellectual property. It certainly can be done otherwise. 8.

Business 85

Business Compliance Compliance Banking 85

The Blunt Truth

JULY 14, 2022

We note the signing of a banking bill in Pennsylvania. Further bulletins as events warrant, but don’t hold your breath. A cannabis banking bill is now law! This piece of legislation comes courtesy of the state of Pennsylvania. Of course, penalties could still accrue under federal law. unhappy senators.

Banking 111

Banking Collective Events State Laws 111

Cannabis Law Report

JULY 27, 2021

“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.

Banking 76

Banking Retail Dispensary Compliance 76

Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. The RSF assessment tool is designed to help OCC and a bank determine customer type for large risk analysis.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

JULY 7, 2021

“With cannabis sales on track to exceed last year’s historic levels, and several catalysts in place to drive future growth globally, it is exciting to launch an investment product that provides 2x exposure to this rapidly expanding industry,” says Jason Wilson, ETFMG Cannabis Research and Banking Expert. About ETFMG.

Research and Development 94

Research and Development Collective State Laws Concentrates 94

Canna Law Blog

AUGUST 13, 2019

.” 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.

Banking 61

Banking Access Cultivation Cannabis 61

Cannabis Law Report

DECEMBER 1, 2019

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

Marijuana 59

Marijuana Business State Laws DEA 59

Cannabis Law Report

OCTOBER 6, 2021

It’s a privilege to be able to provide cannabis investors with a full suite of investment options, including the ability to achieve either long or short exposure to the sector,” says Jason Wilson, ETFMG’s Cannabis Research and Banking Expert. “We For more information on MJIN visit: etfmg.com/MJIN. About ETFMG ®.

Research and Development 52

Research and Development State Laws Collective Concentrates 52

SpeedWeed

MARCH 7, 2021

” I said, “Look,” and this is exactly what I told people, “if you don’t have money in the bank to take down, about $15,000 per acre to take down to Biloxi and throw it on black and walk away losing it, you don’t need to get into hemp.” That’s the law. ‍ Ed Keating: Yeah.

Extraction 52

Extraction Hemp Data Media 52

Canna Law Blog

DECEMBER 1, 2021

NORML Key West Legal Seminar – Key Trends and Near-Term Forecasts for State Cannabis Programs | Friday, December 3rd at 11:50AM EST. Get your Continuing Legal Education (CLE) credits for practicing attorneys during this event! Join Harris Bricken attorney, Vince Sliwoski as he provides forecasts for state cannabis programs.

Events 80

Events Research and Development Therapy Decriminalization 80

Canna Law Blog

FEBRUARY 17, 2023

In any event, ChatGPT is pretty fun! Employment Law Disputes: The legalization of marijuana has created unique challenges for employers who have to balance state laws that allow marijuana use with federal laws that still prohibit it. ChatGPT seems to follow a dry book report format.

Banking 80

Banking Legalization Business Cannabis 80

The Blunt Truth

OCTOBER 1, 2020

Cannabis banking appears in the Democrats’ new stimulus bill. The Nebraska Supreme Court ruled in favor of CBD sellers in the state. Once again, further bulletins as events warrant. In other federal news, Democrats included the SAFE Banking Act in its latest stimulus bill. A 2019 law legalized products below 0.3%

Decriminalization 113

Decriminalization Banking Legislation Access 113

Cannabis Law Report

MARCH 25, 2019

Congress could pass a law that would legitimate marijuana activities, but only to the extent an individual or commercial enterprise acts within the letter of state law. State-compliant cannabis activity would no longer violate federal criminal law. Emphasis added). 1960), and the BSA.

Banking 45

Banking Law Marijuana State Laws 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”)). Age limits (21). Federal Alcohol Administration Act control.

DEA 87

DEA Business Banking Food 87

Canna Law Blog

NOVEMBER 13, 2020

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.

Banking 94

Banking Therapy Business Access 94

The Cannigma

NOVEMBER 23, 2021

In our conversation with Otha, we talk about how Tetragram has been able to help its patients, how federal and state laws affect access to medical cannabis and what we can expect of government legislation in the coming years. Actually, that was one of our most popular episodes, you should know.

Data 52

Data Patients Access Wellness and Beauty 52

Cannabis Law Report

OCTOBER 17, 2019

States may have made it legal or decriminalized it, but federal law trumps state law, and for both medical and recreational use cannabis remains illegal.”. But lawyers should check their own state’s ethics opinions first. Medical Legalization Continues Around the World. Securities.

Law 40

Law Seed-To-Sale Hemp Recreational 40

Cannabis Law Report

DECEMBER 30, 2019

The hearing marked the first time in decades that members have entertained debate regarding the need to end the federal criminalization of cannabis and deschedule it from the Controlled Substances Act, which would end federal prohibition and allow states to determine their own policies. Progress on the SAFE Banking Act.

Legislation 59

Legislation Patients Access Banking 59