Cannabis Law Report

OCTOBER 13, 2021

Updated cannabis state-by-state rankings guide – August 2021 – by Barry Weisz and Michael Rosenblum at Thompson Coburn. CBD and Hemp Legal and Regulatory Roundup – August 2021 – by attorneys at Kelley Drye & Warren. The ABCs of CBD and Hemp: A Primer – by Gregory Gamalski at Bodman.

Law 98

Law Banking Hemp Cannabis 98

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

Hemp 69

Hemp Business Cultivation Banking 69

NORML

JUNE 23, 2019

Governor Kate Brown (D) signed legislation into law to to automatically conduct a review of past misdemeanor cannabis convictions, and to “set aside” offenses that are no longer a crime under state law. Click here to email your lawmakers in support of banking access. CA resident? Legislation is pending, S.

Legislation 184

Legislation Hemp Decriminalization Agriculture 184

SpeedWeed

MARCH 21, 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

APRIL 5, 2019

Governor Leon Guerrero (D) of Guam signed cannabis legalization legislation into law. Governor Janet Mills (D) of Maine signed legislation into law to allow the production and retail sale of hemp-derived CBD products. Under state law, adults face civil penalties for minor marijuana possession offenses. Update : H.

Legislation 185

Legislation Banking Hemp Compliance 185

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

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 95

Banking Therapy Business Access 95

Canna Law Blog

FEBRUARY 9, 2022

Cannabis, psychedelics, and banks. There is just no way that financial institutions will bank psilocybin funds for the time being. The moral of the story is that if – for example – a cannabis company with a bank account decides to obtain an Oregon psilocybin license next year, it will risk losing its cannabis bank account.

Business 80

Business Banking Compliance Compliance 80

NORML

FEBRUARY 22, 2019

Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Legislation is pending, House Bill 2149, to amend the definition of “cannabis” under the 2010 voter-approved medical marijuana law. AZ resident? California.

Legislation 176

Legislation Hemp Compliance Compliance 176

Canna Law Blog

MARCH 30, 2020

Before diving in, it’s important to draw a bright line between forms of cannabis defined as “hemp” and “marijuana” under federal law. In the 2018 Farm Bill, hemp was removed from the definition of “marijuana” under the federal Controlled Substances Act. even if the business is legal under local or state law.

Banking 69

Banking Hemp Policy Supply Chain 69

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

NORML

JUNE 28, 2019

Governor Chris Sununu (R) of New Hampshire signed legislation into law allowing physicians assistants to recommend medical cannabis to their patients. Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law. New Mexico’s new decriminalization law takes effect this coming Monday July 1.

Legislation 108

Legislation Access Decriminalization Patients 108

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. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.

Legislation 134

Legislation Hemp Patients Compliance 134

Cannabis Law Report

JULY 29, 2022

And there is no dispute that “the federal government continues to lag woefully behind” in correcting the injustices caused by the existing federal drug law and policies, Booker acknowledged. For those twenty-one and older, the CAOA recognizes state law as controlling the possession, production, or distribution of cannabis.

Legislation 52

Legislation Legalization Marijuana Banking 52

NORML

MAY 31, 2019

Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your governor in support of industrial hemp production. Click here to email your lawmakers in support of banking access. AL resident?

Legislation 110

Legislation Access Banking Hemp 110

NORML

APRIL 2, 2019

We will be taking many more in-depth looks at the 2020 race as it progresses, including potential primary challengers on the Republican side, but first we wanted to provide an overview of all the currently announced Democratic candidates, along with their record and policy statements when it comes to marijuana legalization. The Senators.

Marijuana 277

Marijuana Legislation Policy Legalization 277

NORML

MAY 24, 2019

Click here to email your lawmakers in support of banking access. House Bill 491 would regulate industrial hemp production as well as allow the production and retail sale of hemp-derived CBD products. Click here to email your lawmakers in support of regulating hemp and CBD. CA resident? LA resident? LA resident?

Legislation 165

Legislation Hemp Access Patients 165

Cannabis Law Report

SEPTEMBER 23, 2019

The Charles Gazette-Mail report… State Treasurer John Perdue is hiring an attorney to assist with his office’s handling of banking services for West Virginia’s medical cannabis program, a show of escalating tension with the district’s federal prosecutor. He brought civil action against hemp farms. However, the U.S.

Programs 55

Programs Banking Business Law 55

Cannabis Law Report

AUGUST 31, 2022

The point of this post is not to advocate that Delta-8 THC and the like be made illegal or even that Delta-8 THC be more liberalized; rather, the point is that the hemp industry and hemp customers need more certainty about Delta-8 THC and similar products. What Is Delta-8 THC? Legal Status of Delta-8 THC. Whitt Steineker.

THC 52

THC Hemp Banking Law 52

NORML

MAY 17, 2019

Governor Jay Inslee (D) of Washington signed legislation into law to allow individuals with prior low-level cannabis convictions to apply to the sentencing court to have their record vacated. Governor Kevin Stitt (R) of Oklahoma signed legislation into law to permit the retail sale of hemp and hemp-derived CBD products.

Legislation 134

Legislation Hemp Compliance Compliance 134

Cannabis Law Report

FEBRUARY 5, 2019

Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Party leaders are also laying the groundwork to vote on a marijuana banking bill soon, Marijuana Moment has learned. Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Mississippi lawmakers reject move to let farmers grow hemp.

Digestion 53

Digestion Banking Hemp Retail 53

NORML

APRIL 26, 2019

Maine regulators are finally moving forward with draft regulations to implement the state’s 2016 voter-approved initiative legalizing the commercial production and retail sale of marijuana. Click here to email your lawmakers in support of industrial hemp production. Click here to email your lawmakers in support of banking access.

Legislation 144

Legislation Compliance Compliance Hemp 144

Cannabis Law Report

MARCH 28, 2019

Florida Ag Committee Advances Industrial Hemp Bill. Iowa House passes bill making some changes to medical cannabis law. Minor marijuana possession offenders will no longer be criminally prosecuted in Hennepin County, Minnesota, according to a new policy announced last week by County Attorney Mike Freeman. CONNECTICUT.

Digestion 49

Digestion Policy State Laws Decriminalization 49

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

Banking 40

Banking Hemp Legislation Packaging 40

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

Legislation 40

Legislation Banking Hemp Packaging 40

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. MI – Michigan cannabis regulators axed a plan to allow hemp to be synthetically converted to THC.

Banking 52

Banking Recreational Research and Development Cannabis 52

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. Meanwhile, the state was experiencing a severe bottleneck in its own licensing process. July 2019 – Hemp Cultivation Registration. .

Law 59

Law Banking Hemp Retail 59

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

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

Cannabis Law Report

AUGUST 24, 2019

Social network’s internal policy team elects to keep global ban on promoting pot sales or selling marijuana outright, after months of debate ,” according to Max Cheney at MarketWatch. BANKING: The growth? The Republican-controlled US Senate hosted a hearing on cannabis banking on July 23, 2019.

Banking 49

Banking Marijuana Media Patients 49

Cannabis Law Report

JUNE 26, 2022

Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance. 14 The Farm Bill removed low-THC hemp, which contains 0.3%

Research and Development 52

Research and Development Education Programs Policy 52

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”)). State prohibition is OK. Age limits (21).

DEA 88

DEA Business Banking Food 88

SpeedWeed

JULY 15, 2021

All cannabis transported across state lines shall, upon arrival, be subject to the operation and effect of the laws of that state. With language that clearly ties the descheduling of cannabis to the long-running policy failure of the U.S.’s

Banking 52

Banking Programs Decriminalization Legislation 52

SpeedWeed

JULY 15, 2021

All cannabis transported across state lines shall, upon arrival, be subject to the operation and effect of the laws of that state. With language that clearly ties the descheduling of cannabis to the long-running policy failure of the U.S.’s

Business 52

Business Banking Programs Decriminalization 52

SpeedWeed

JULY 15, 2021

All cannabis transported across state lines shall, upon arrival, be subject to the operation and effect of the laws of that state. With language that clearly ties the descheduling of cannabis to the long-running policy failure of the U.S.’s

Banking 52

Banking Programs Decriminalization Legislation 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