NORML

AUGUST 19, 2019

Additionally, the MORE Act is the first piece of federal legislation that would establish social equity programs for cannabis entrepreneurs, and it would enact wholesale expungements of prior low-level weed offenses for federal convicts. The Department of Justice has a number of existing offices in their justice programs.

Policy 274

Policy Marijuana Legislation Programs 274

Cannabis Law Report

JUNE 24, 2021

A House subcommittee on Thursday approved a large-scale funding bill that includes provisions protecting banks from being punished for working with marijuana businesses and allowing Washington, D.C. House Committee Approves Marijuana Protections For Banking And D.C. to legalize cannabis sales. Read full article at .

Banking 87

Banking Marijuana Policy Legislation 87

Cannabis Law Report

SEPTEMBER 22, 2021

Government Policy Analyst to Specialize in Insights from the Intersection of Washington and Wall Street. NEW YORK–(BUSINESS WIRE)– BTIG announced today that the firm has hired Isaac Boltansky as a Managing Director and the Director of Policy Research.

Policy 52

Policy Banking Media Access 52

Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. This honor is part of a financial services certification program overseen by the Policy Center for Public Health & Safety (PH&S) in collaboration with state attorneys general. ALBUQUERQUE, N.M. , Dec. Department of Treasury and FinCEN.

Banking 52

Banking Hemp Compliance Compliance 52

Cannabis Law Report

OCTOBER 31, 2019

Law Firm Manatt, Phelps & Phillips, LLP writes… The Cannabis Banking Guidance from California’s Department of Business Oversight (DBO) offers California-chartered financial institutions serving cannabis-related businesses assurances that the DBO will not bring enforcement actions based solely on such relationships. What happened.

Banking 45

Banking Compliance Compliance Policy 45

Canna Law Blog

JANUARY 16, 2019

We represent a handful of banks (and a larger handful of credit unions), and we give those outfits advice on banking hemp and marijuana. A few of these clients are relatively nimble and bold, but at the end of the day they are still banks. We are optimistic that the hemp industry will have ample banking options.

Banking 72

Banking Hemp Environment Access 72

Cannabis Chronicles

FEBRUARY 4, 2019

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. New York state has a small medical program and is expected to approve recreational weed this year.

Policy 154

Policy Media Vaping Edibles 154

Canna Law Blog

DECEMBER 5, 2019

The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Banking 64

Banking Hemp Compliance Compliance 64

Canna Law Blog

OCTOBER 5, 2019

In a pretty historic moment, the House of Representatives officially voted to pass the SAFE Banking Act (H.R. We’ve extensively covered the Act’s progress in past posts (the latest can be found here and here ), but just as a reminder, the Act would finally allow the cannabis industry to access banking and financial services.

Banking 72

Banking Legislation Hemp Retail 72

NORML

JUNE 4, 2019

State Legal Medical Programs. Since 2014, there has been a spending restriction that prevents the Department of Justice from spending one penny or paperclip to take action against state-legal medical cannabis programs. SAFE Banking.

Banking 220

Banking Packaging History Programs 220

WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. However, top Democratic Senator Chuck Schumer feels that the SAFE Banking Act is insufficient and potentially detrimental to legalization. Good Bill, Poor Timing. .

Banking 49

Banking Advocacy Legislation Dispensary 49

Veriheal

SEPTEMBER 5, 2022

As a result, many of the provisions that created the structure for Virginia’s adult-use cannabis program, and the framework for regulations to be issued by the [Cannabis Control] Authority, are no longer effective. Agencies tasked with moving the program forward are currently putting their efforts on hold until after 2023.”

Programs 52

Programs Safety Cannabis Legislation 52

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. We have no idea what he basically would do in regard to [cannabis banking].

Programs 55

Programs Banking Business Law 55

Cannabis Law Report

FEBRUARY 3, 2022

HB 4016 also tasks the OLCC with adopting rules to establish a program to assign expired, relinquished or otherwise suspended producer licenses to qualified applicants. This bill arose from the ashes of Oregon’s failed attempt in 2021 to create a cannabis equity program ( HB 3112 (2021) ). House Joint Resolution 205 – State Banking.

Banking 52

Banking Legislation Hemp Programs 52

Canna Law Blog

APRIL 6, 2019

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. Although some of our hemp clients are banked (and even have crop insurance) many others are still underserved. Senators, Sen.

Banking 77

Banking Hemp Access Business 77

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

Cannabis Law Report

AUGUST 20, 2019

America’s state legislators come together at ALEC to grapple with public policy issues that didn’t exist five or ten years ago. They expect different programs and solutions from government. Task Force policy discussions will include: Calling on the Federal Government to Allow Banking for Cannabis Companies.

Policy 59

Policy Legislation Research and Development Banking 59

NORML

MARCH 20, 2020

That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions. Federal dollars are going to support state programs — not to dictate how they must use the money.

Business 333

Business Legislation Access Policy 333

Cannabis Law Report

JULY 26, 2022

Littlejohn, an attorney and policy advocate, started as MCBA’s policy director before being appointed executive director in 2020. Littlejohn, an attorney and policy advocate, started as MCBA’s policy director before being appointed executive director in 2020.

Business 52

Business Banking Policy Education 52

The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. Maine made changes to their marijuana program. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. SBA funds, however, are not.

Banking 106

Banking Research and Development Programs Advocacy 106

Veriheal

MAY 22, 2023

In April 2023, Maine’s Office of Cannabis Policy (OCP) reported an exodus of about 1350 cannabis primary caregivers from the state’s medical marijuana market between 2021 to January 2023. Business costs, banking regulations/fees, and competition with the adult-use market followed in succession. said utility cost. Who Are Caregivers?

Programs 90

Programs Patients Cannabis Policy 90

Cannabis Law Report

AUGUST 16, 2019

Times of CBD reports…… Senator Michael Bennet (D-CO), who is presently working to secure the Democratic nomination for president, issued a letter to the financial authorities, requesting information on banking services for hemp businesses. She added that she has “personally discussed” these differences within Washington, D.C.,

Banking 40

Banking Hemp Policy Business 40

Cannabis Law Report

JULY 25, 2021

With banking options still difficult for cannabis businesses to access – including the ability to accept debit and credit cards – cannabis companies are still searching for ways to facilitate their merchant processing needs. The issues with cashless ATMs. Two accomplices were eventually fined and were sentenced to prison.

Banking 105

Banking Programs Dispensary Business 105

SMPL

MAY 21, 2020

Louisiana lawmakers advanced three marijuana reform bills on Wednesday, and that includes legislation that would dramatically expand the state’s medical cannabis program and offer protections for banks that service marijuana businesses. Another bill introduced by Rep.

Banking 40

Banking Marijuana Legislation Patients 40

Veriheal

DECEMBER 22, 2023

To secure these rights and protections, the resolution demands that workers have increased access to: Union Representation Specialized Training Apprenticeship Programs This comprehensive approach aims to set higher workplace standards for the cannabis industry.

Legalization 120

Legalization Supply Chain Banking Marijuana 120

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. Immediate Past President Norman Birenbaum, Director of Cannabis Programs at the New York State Executive Chamber. Banking, Finance, and Taxation. Packaging, Labeling, and Advertising.

Compliance 98

Compliance Compliance Topical Programs 98

Canna Law Blog

MARCH 11, 2022

The policy is part of the Marijuana Regulation and Taxation Act’s (MRTA) social and economic equity plan, which Simon Malinowski wrote about in this blog post last April. Numerous states that have legalized marijuana have adopted some form of social equity programs. These programs are not without critics ).

Retail 79

Retail Policy Banking Programs 79

Cannabis Law Report

NOVEMBER 18, 2021

Sahar Ayinehsazian is based in VS’s Los Angeles office, where she focuses her practice on cannabis banking, corporate transactions, and regulatory compliance. He has developed community outreach programs, created impact plans, and negotiated host community agreements with over 60 cities and towns across Massachusetts.

Banking 96

Banking Compliance Compliance Law 96

Cannabis Law Report

AUGUST 12, 2021

Applications for medical marijuana dispensaries available for the first time since 2010, caregiver applications added to Office of Marijuana Policy’s electronic offerings. This milestone marks the first time in the medical program’s history that applications have been available electronically.

Marijuana 105

Marijuana Dispensary Programs Retail 105

Cannabis Law Report

JULY 1, 2021

The policy was updated last month to remove the ban, with some restrictions. A marijuana app must be geo-restricted to jurisdictions where cannabis is legal, and the program must be “submitted by a legal entity that provides the services, and not by an individual developer.”. Here’s what the previous policy said: .

Vaping 119

Vaping Consumption Policy Banking 119

SpeedWeed

JUNE 5, 2021

When some of the most prominent business leaders in the world show an interest in cannabis reform, people take notice, including those who legislate our public policies in Congress. The post Policy Changes to Eliminate Pre-Employment Drug Screening Continue to Spread: Week in Review appeared first on SpeedWeed. ” Read more.

Policy 40

Policy Banking Medicine Consumption 40

Cannabis Law Report

SEPTEMBER 9, 2021

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

Policy 105

Policy Research and Development Collective Banking 105

Cannabis Law Report

JULY 2, 2019

LegitScript, the global leader in merchant and product certification and monitoring in the e-commerce and payment sectors, has launched a new certification program for legally compliant CBD products and websites. LegitScript’s CEO, John Horton, said the program will bring transparency and structure to the CBD industry.

Compliance 40

Compliance Compliance Programs CBD 40

SMPL

AUGUST 14, 2019

The American Bar Association (ABA) adopted a resolution on Monday that calls on Congress to allow states to set their own marijuana policies and recommends rescheduling or descheduling cannabis under federal law.

Policy 40

Policy Research and Development Marijuana DEA 40

Cannabis Law Report

APRIL 25, 2022

monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. It also determines both outstanding U.S. It also determines both outstanding U.S.

Hemp 52

Hemp Banking Safety Compliance 52

Cannabis Law Report

JUNE 16, 2022

According to figures published in the DEA’s Domestic Cannabis Eradication/Suppression Program Statistical Report, agents and their partners confiscated approximately 5.53 million plants via its domestic eradication program. Federal law enforcement agents and their partners seized over 5.5 million plants were confiscated).

DEA 52

DEA Marijuana Programs Data 52

Canna Law Blog

DECEMBER 31, 2021

None of that came to fruition, and it appears that Democrats even actively fought against some pretty meaningful banking reform by killing off the SAFE Banking Act as part of the NDAA. California takes it on the head repeatedly for its broken down cannabis licensing program. California tax reform. Not so anymore.

Banking 80

Banking Programs Legislation Cannabis 80