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

Canna Law Blog

DECEMBER 5, 2023

Traditional lenders won’t work with cannabis companies Cannabis companies can’t just walk into a big bank and draw a commercial cannabis loan. Many banks (especially the big ones) and institutional lenders are still too skittish to do business with cannabis companies. You can read about that here.

Banking 94

Banking Cannabis Business Hybrid 94

Cannabis Law Report

NOVEMBER 3, 2021

Ruis directed Turner, who had no criminal record, to open bank accounts and register businesses in her name to avoid detection by law enforcement or by financial institutions. In May 2019, law enforcement searched locations in Southern California used by Ruis, Drumm, and Turner for their business. 1:20-cr-76. Source: [link].

Cannabinoids 98

Cannabinoids Packaging DEA Law 98

Cannabis Law Report

MAY 9, 2022

Deputies said in a search warrant that there was probable cause a felony had been committed when the vehicle was stopped Nov. Because big banks and credit card companies have shunned the industry, it largely operates on a cash basis. 16 and $700,000 was seized.

Banking 52

Banking Media Law Business 52

Cannabis Law Report

MAY 19, 2022

Jim is a frequent speaker on Cannabis law including ethics, licensing, and banking. and international corporations, limited liability companies, partnerships and individuals involved in numerous fields, including, cannabis, executive search and staffing services, advertising, banking, accounting, real estate, and wholesale/retail sales.

Law 52

Law Banking Cannabis Topical 52

Otherside Farms

MAY 5, 2020

Banks typically don’t provide loans to cannabis ventures especially, those directly involved with the plant or its derivatives. Generally, the FDIC will not insure a bank that takes on “existential” risks, which include loans to companies in violation of federal law. Most banks are under the federal government.

Business 52

Business Banking Seed-To-Sale Compliance 52

Otherside Farms

MAY 20, 2020

This is a very common practice and you will eventually run into some options when searching for your CBD wholesale supplier. Quality content such as an ‘About Us’ page or a blog section help make your site appear more professional in the eyes of the customer and search engines. Open a Bank Account & Find a Payment Processor.

CBD 52

CBD Packaging Banking Research and Development 52

Cannabis Law Report

MARCH 24, 2020

He said that because marijuana is illegal on a federal level, banks cannot provide loans. And Maine doesn’t have large investors, so the company has had to search for money out of state. “We still don’t have the money we need to execute our business plan.”.

Marijuana 76

Marijuana Recreational Policy Banking 76

Cannabis Law Report

AUGUST 21, 2019

The examiner must confirm the bank account on the CTR is the taxpayer’s, or whether the bank account belongs to an entity related to the taxpayer. The examiner must trace the transaction on the CTR to the taxpayer’s bank account. The examiner must determine the origin of the transaction. IRS Updates CTR Exams.

Banking 45

Banking Data Access Business 45

Cannabis Law Report

JULY 25, 2022

Simply search ” buy my weed online ” on the internet to get a list of sellers and order your stash online to get delivery in your area. Also, carry enough cash because some stores may not accept cards due to banking restrictions. Buy from a legit seller.

Law 52

Law Dispensary Consumption Banking 52

Cannabis Law Report

AUGUST 24, 2022

Deposits were made by bank transfer or with Bitcoins. In the meantime, the prosecution authorities have confirmed that the LKA Berlin has searched the homes of those suspected of being responsible, as well as business premises. Returns in the three-digit percentage range were promised. Investors received at least partial payouts.

Data 52

Data Banking Cultivation Access 52

Cannabis Law Report

JULY 2, 2019

LegitScript is best known for providing monitoring and certification services for the world’s leading search engines, e-commerce platforms, and payment networks, as well as various drug safety regulators. LegitScript’s CEO, John Horton, said the program will bring transparency and structure to the CBD industry.

Compliance 40

Compliance Compliance Programs CBD 40

Cannabis Law Report

OCTOBER 7, 2019

Search for the seed banks. Looking for seed banks online is a good way to start. For example, you can search for the best seed bank for USA , which would pop up a list of seed banks. Now that you have a sorted list of seed banks, you can make your demands and also explore your budget.

Ruderalis 40

Ruderalis Marijuana Hybrid Sativa 40

Cannabis Law Report

DECEMBER 8, 2021

Dosidos emerged as the 2021 Leafly Strain of the Year thanks to the notable trajectory of this strain, which has risen in search traffic 10% year over year to crack Leafly’s Top 20 most viewed strains nationwide for the first time in 2021. billion legal industry.

Strains 52

Strains eCommerce Trichome Hybrid 52

Canna Law Blog

MARCH 16, 2019

We are skeptical that this particular proposal will succeed, but encouraged that the State Legislature continues to search for viable banking solutions for the cannabis industry. .” We are very interested in watching how this bill plays out in the Assembly, and will keep the blog updated as things progress.

Seed-To-Sale 75

Seed-To-Sale Banking Cannabis Legalization 75

SpeedWeed

MAY 13, 2021

There are dozens of online websites dedicated to outing scam companies, including the BBB’s own website, so a simple Google search can often identify whether or not a company is legit. Consumers are also cautioned to actually read the full list of terms and conditions before they hand over their money.

CBD 52

CBD Banking Oil Conditions 52

Otherside Farms

AUGUST 4, 2020

Due to cannabis businesses being considered high risk, banks will often not loan money. There are a few ways that you can track your competitors including: Online searches. Credit Card Processing and Banking. Banks have not been fond of supporting dispensaries in the fear that funds may get frozen by DEA or the feds.

Business 52

Business Banking Dispensary Research and Development 52

Cannabis Law Report

FEBRUARY 18, 2020

With a staggering number of vendors and manufacturers selling their products online, narrowing down the search for the most reliable cannabidiol brands is exactly as tedious and challenging as it sounds. However, it can be extremely daunting to purchase CBD products online, especially for first-time buyers. Image: [link].

CBD 59

CBD Banking Hemp Recreational 59

Cannabis Law Report

MAY 16, 2022

Heidi will focus her practice on representing participants from the broad range of the cannabis industry spanning hemp, CBD, and THC-related businesses, including business owners and operators, investors, banks and financial institutions, insurers, and industry and trade organizations.

Law 52

Law Cannabis CBD Business 52

Cannabis Law Report

DECEMBER 23, 2019

Since then City Attorney has sent out a handful of letters to property owners with allegations of violating local law and the LAPD started to assist in shutting off the utilities of shops while also continuing to execute search warrants, arrests and seizures. May 2019 – LA released Final Ordinances. .

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

NOVEMBER 7, 2019

A press release issued by Folium April 3, 2019 said Dowty had served as a strategic advisor to create Folium Finance, a collection of financial products and services designed as a new means for cannabis start-ups to get banking services from non-traditional banks. A subsequent search in the U.S. Bayles, Partner Stinson.

Hemp 104

Hemp Research and Development Banking CBD 104

SpeedWeed

MARCH 4, 2021

The Cannabiz Media platform makes it super easy to filter and search,” says Haley. So we think there’s a lot to look forward to and only positive things can come from changes in banking regulations and the MORE Act.”. I can see who opened my email messages as well as the most recent activity and the most recent licenses.”.

Media 52

Media Banking Data Business 52

SpeedWeed

AUGUST 18, 2021

According to the Los Angeles Times , “federal agents served search warrants on Kerr’s home, City Hall and a local marijuana dispensary,” while “then-Mayor Pro Tem Jermaine Wright was charged with a similar scheme” in 2017.

Dispensary 52

Dispensary Cultivation Business Banking 52

Cannabis Chronicles

MAY 19, 2019

But finding the best space has had more challenges than your typical office search. Banking regulations. Landlords were concerned that having a weed company as a tenant would cause issues with the banks that hold their mortgages, she said. Other companies said their searches for office space were smoother.

Banking 22

Banking Patients Access Marijuana 22

Cannabis Law Report

JUNE 13, 2022

Discala, through his lawyers in his criminal case told the court it is now Dounya who is the bread winner for the family and that they were broke after the government had seized their bank accounts. A search in Washington State corporates records show the company was started and run by George Eric Engstrom.

Banking 52

Banking Cannabis Business Law 52

Veriheal

JANUARY 5, 2021

There are plenty of cautionary tales that come through in a simple Google search about these situations. . And, again, since working with banks at all isn’t an option for the majority of cannabis businesses—they must conduct transactions in cash, which many people don’t carry at all, and many who do are reluctant to pass during a pandemic.

Cultivation 52

Cultivation Agriculture Business Cannabis 52

Cannabis Law Report

JANUARY 18, 2022

The search for our new CFO was a highly-selective and competitive process. This role is pivotal to our growth and will be the most important leadership position as we navigate what the future holds for banking, investments, and funding in the cannabis industry.

Media 52

Media Cultivation Retail Dispensary 52

Miss Marijuana

JULY 23, 2020

With so much stress and anxiety fogging the air, people are searching for healthy ways to manage stress and anxiety. . They seem to have the winning formula, because this product covers all the bases without breaking the bank. CBD products provide benefits that aid in mental and physical wellness.

CBD 94

CBD Wellness and Beauty Sleep Oil 94

Cannabis Law Report

FEBRUARY 4, 2019

Licenses may apply for a payment waiver if they are able to show good cause by demonstrating they are: In the process of getting a bank account. Have lost their bank. The bank has denied their application. Some other reason why they are unable to get money orders or a bank account. . Payment Methods.

Topical 65

Topical Packaging Retail Legislation 65

Marijuana Lawyer Blog

APRIL 15, 2019

This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges. Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. percent.

Policy 45

Policy Programs Banking History 45

Cannabis Law Report

DECEMBER 11, 2019

According to a public records search Mertz is in his 70’s and owns a home in the Bee Cave area of Austin in a 5 bedroom home on a golf course. I was one of the first to report on the missteps at IndyMac that lead to government investigations and lawsuits against the banks founders.

Hemp 98

Hemp Seed-To-Sale Strains Banking 98

Cannabis Law Report

OCTOBER 8, 2019

Trusted and well-established online cannabis seeds stores that you can count on for all of your cannabis seeds collecting needs, are regularly monitored by social media communities like GrassCity, Facebook , Best Seed Bank and Rollitup , Always check with these communities before engaging with a supplier.

Seed-To-Sale 53

Seed-To-Sale Strains Collective CBD 53

The Joint Blog

AUGUST 12, 2019

At the AmsterdamMarijuanaSeeds seed bank, you can be sure to order your most favorite weed seeds, buy hemp seed, or whatever else fits your needs. The visitors can browse via the different categories and learn anything relevant to their search. The advancement in technology brings about new banking options. An array of choices.

Seed-To-Sale 27

Seed-To-Sale Marijuana Banking Packaging 27

NORML

JUNE 19, 2020

Spending so much time on the road, where anyone is more vulnerable to a warrantless search, and much of it in rural America, where attitudes towards marijuana smoking have been slow to change, it is amazing that Willie has survived with only minimal disruption to his lifestyle.

Marijuana 284

Marijuana Agriculture Legalization Advocacy 284

Cannabis Law Report

JANUARY 29, 2020

Kate Funk search warrent application. I was one of the first to report on the missteps at IndyMac that lead to government investigations and lawsuits against the banks founders. But now, new court records show behind the scenes the DOJ’s case was falling apart.

Banking 97

Banking Cannabis Hydroponic Law 97

Cannabis Law Report

JUNE 9, 2021

According to a person who has reviewed the amount of money Honig holds in his bank accounts he is a triple digit millionaire. Groussman, who settled with the SEC, has been paying PR firms to get positive news and sponsored journalism out about him in an attempt to change what is seen on a top of a Google search of his name.

Banking 82

Banking Compliance Compliance Dispensary 82

The Joint Blog

JANUARY 6, 2021

But, there is federal legislation in place that says banks will be restricted in offering financial products while financing this industry. . However, you need to use a reputable source such as Morningstar for narrowing down the search. Cannabis is still officially illegal according to federal law. Be aware of supply and demand.

Seed-To-Sale 55

Seed-To-Sale Hydroponic Business Research and Development 55