SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

Canna Law Blog

JULY 11, 2020

On Wednesday, July 8, 2020, a bipartisan group of sixteen state treasurers, led by Oregon Treasurer Tobias Read, sent a letter to congressional leaders requesting that the next piece of COVID-19 relief legislation include the SAFE Banking Act.

Banking 61

Banking Legislation Safety Business 61

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

The Blunt Truth

DECEMBER 9, 2021

It looks like marijuana banking will not be part of the NDAA. Federal assistance with state expungement programs might be on the table. marijuana banking. Advocates of allowing the banking industry to serve cannabis businesses have seen many opportunities to enact legislation come and go. cbd regulation. and finally.

Banking 115

Banking Food CBD Events 115

SpeedWeed

MARCH 20, 2021

Ed Perlmutter (D-CO) reintroduced the SAFE Banking Act—this time with more than 100 bipartisan cosponsors. It’s yet another opportunity for his House colleagues to approve the banking reform bill, and the 2021 outlook is slightly brighter with a thin Democratic edge in the U.S. Perlmutter (D-CO) in the U.S.

Banking 52

Banking Legislation Recreational Business 52

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. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.

Banking 49

Banking Advocacy Legislation Dispensary 49

Cannabis Law Report

SEPTEMBER 24, 2019

21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal Interference. AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. 1028) or similar measures that would allow legal cannabis-related businesses to access the banking system. September 23, 2019.

Programs 59

Programs Banking Marijuana Access 59

Cannabis Law Report

OCTOBER 26, 2019

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

Banking 45

Banking Safety Business History 45

SpeedWeed

APRIL 2, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Banking 52

Banking Compliance Compliance Business 52

WeedAdvisor

SEPTEMBER 18, 2019

According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Outside the walls of the House and Senate, banking industry insiders and advocates are clamouring to have the SAFE Banking Act passed. Skipping Ahead. .

Banking 45

Banking Dispensary Legislation State Laws 45

Cannabis Law Report

JULY 23, 2019

The Washington Times reports………Nevada officials are launching the nation’s first banking system for the booming cannabis industry, whose dispensaries increasingly are targeted for burglaries and robberies for the hundreds of thousands of dollars of cash they keep on hand to pay employees, taxes and rent. Full Article at.

Banking 40

Banking Marijuana Safety Dispensary 40

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

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. I’ve seen dispensary employees have their bank accounts shut down.

Banking 40

Banking Hemp Marijuana Events 40

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

APRIL 25, 2022

” The Public Health & Safety Cannabis Financial Service Certification helps law enforcement and state regulators distinguish legal cannabis operators from illicit. monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. Department of Treasury and FinCEN.

Hemp 52

Hemp Banking Safety Compliance 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

Cannabis Law Report

JULY 31, 2019

Eleven states have allowed for legal adult and medicinal use of cannabis in a regulated program. Twenty-three states have a comprehensive medical marijuana program. With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture.

Banking 40

Banking Research and Development Safety Legislation 40

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. Lab Testing and Product Safety. Banking, Finance, and Taxation.

Compliance 98

Compliance Compliance Topical Programs 98

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

The Blunt Truth

APRIL 23, 2020

For more on social equity issues, see our post from February that examines programs around the country. The marijuana industry has received on relief from federal relief programs. A group of 10 Senators have also put pen to paper , asking their leadership to include the cannabis industry in the SBA loan program. breaking news.

Banking 101

Banking Packaging Programs Legislation 101

Cannabis Law Report

AUGUST 5, 2021

There will also be a role for the Treasury and the Consumer Product Safety Commission. There are no provisions on banking, but making cannabis legal should remove money laundering issues. There are no provisions on banking, but making cannabis legal should remove money laundering issues. SAFE Banking. Still Unresolved.

Banking 111

Banking Vaping Education DEA 111

SpeedWeed

FEBRUARY 19, 2021

Cuomo today announced 30-day amendments to the Governor’s proposal to establish a comprehensive adult-use cannabis program in New York. The grants from this program may also be used to further support the social and economic equity program. ALBANY, New York, Feb. 17, 2020 – PRESS RELEASE – Governor Andrew M.

Programs 40

Programs Legislation Decriminalization Safety 40

MMJ Recs

MAY 5, 2024

Following Proposition 215, the legal framework surrounding medical marijuana continued to evolve and in 2003, the California State Legislature enacted Senate Bill 420 , also known as the Medical Marijuana Program Act. These include access to banking services, federal prohibition, and ongoing regulatory issues.

Law 52

Law Marijuana Cultivation Patients 52

NORML

JANUARY 19, 2020

House Bill 1359 would create a 5 year medical marijuana pilot program, allowing patients to access their medicine from licensed dispensaries. Update : HB 1648 is scheduled for a public hearing in the House Criminal Justice and Public Safety Committee on 1/23/20 at 1:30pm. Send a message to your lawmakers in support of banking access.

Legislation 241

Legislation Decriminalization Access Patients 241

SpeedWeed

FEBRUARY 19, 2021

Attorney General Jeff Sessions, the Cole Memo provided protections from federal enforcement for state-legal cannabis programs or providing those protections through other means. Facilitating access to banking and other traditional financial services. Coordinating product-safety standards across state jurisdictions.

Research and Development 52

Research and Development Marijuana Banking Policy 52

Cannabis Law Report

JANUARY 3, 2022

CBD Product Safety and Standardization Act of 2021. The most recent legislation to debut on behalf of hemp, the CBD Product Safety and Standardization Act of 2021, was introduced this month by a bipartisan group of U.S. Hemp Access and Consumer Safety Act. SAFE Banking Act. representatives, including Reps.

Hemp 52

Hemp Packaging Banking Food 52

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 3, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Banking 52

Banking Legalization Compliance Compliance 52

Cannabis Law Report

FEBRUARY 11, 2022

Specifically, tension rose amongst the elected Democrats on whether to support incremental reform (like access to banks or removal of cannabis from the list of Schedule 1 drugs) or comprehensive legalization with provisions to address social inequities stemming from the legacy of the War on Drugs. House once again.

Banking 59

Banking Decriminalization Cannabis Programs 59

Cannabis Law Report

JANUARY 12, 2022

According to a recent report released by the Psychedelic Science Funders Collaborative, “Oregon’s psilocybin therapy program provides a high-quality model for psychedelic healing in a non-prescription context that could be replicated in other states.”

Research and Development 52

Research and Development Therapy Safety Clinical Trials 52

Cannabis Law Report

MAY 24, 2019

When asked about the reasons for the launching the new program, which comes after years of refusing to work with CBD companies, the spokesperson said that the company closely watches evolving public policies and strives to create new opportunities for clients. Forbes Reports. ” More at.

CBD 60

CBD Banking Legislation Safety 60

Cannabis Law Report

JUNE 15, 2022

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.

Business 52

Business Marijuana Safety Banking 52

MMJ Recs

MARCH 16, 2024

Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols. Moreover, ensuring product quality and safety throughout the supply chain is paramount to maintain patient trust and regulatory compliance.

Supply Chain 105

Supply Chain Research and Development Marijuana Seed-To-Sale 105

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 162

Legislation Decriminalization Hemp Patients 162

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. Ed Perlmutter, D-Colo., Billion in U.S.

Dispensary 52

Dispensary Banking Legislation Safety 52

The Blunt Truth

JANUARY 15, 2021

Are there problems with Illinois’ social equity program? The cannabis industry likes their chances of passing reform, with stocks risin g and industry leaders predicting that some version of the MORE Act or cannabis banking could pass. We’ve reported before on the problems with Illinois’ social equity program.

Research and Development 94

Research and Development CBD Programs Banking 94