Remove Business Remove DEA Remove Decriminalization Remove Safety
article thumbnail

The Week in Weed: August 28, 2020

The Blunt Truth

Vermont is considering expungement and decriminalization. The DEA has a new hemp rule. Governor Tom Wolf (D) is calling on the legislature to pass a legalization bill, indicating that the proceeds for sales will help ease the financial strain of the pandemic on small businesses. Vermont decriminalized possession of up to 1 oz.

DEA 109
article thumbnail

Is Congress Closer to Reforming the Cannabis Industry’s Access to Financial Services?

Veriheal

Historically, it has been difficult for cannabis-related businesses to access reliable financial services due to its illegal federal status. The SAFE Banking Act will provide state and federal protection to financial institutes providing services to cannabis-related businesses. CRO Financial Services: The SAFE Banking Act.

Access 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Highway Robbery Disguised by Badges: The Case of Empyreal Logistics

Veriheal

But these aren’t the days of yesteryear, and cannabis businesses now have some rights. Empyreal operates in 28 states, acting as a cash courier for cannabis businesses and their banks. Picture this: You are hauling cash for local businesses through the desert when a group of armed police officers stops you without cause.

article thumbnail

Update on Cannabis Administration and Opportunity Act

Cannabis Law Report

Drug Enforcement Agency (DEA) to the Alcohol and Tobacco Tax and Trade Bureau (TTB), the Bureau of Alcohol Tobacco Firearms and Explosives (ATF). The bill includes several provisions for additional research to investigate the impact of legalization on public health, driving safety, and similar areas. Draft Bill Details. Provisions.

article thumbnail

The Ketamine Clinic Craze: Legalities and Possibilities

Canna Law Blog

Recently, the decriminalization of psilocybin (by various cities) has been in the news as an emerging medicine. There are questions about the logistics of opening and running one of these types of businesses, given the complex interplay of laws and regulations promulgated by bodies from the U.S.

Therapy 89
article thumbnail

New Kid on the Block: States Reform Act

Canna Law Blog

Mace’s bill, while decriminalizing cannabis completely and getting it off of schedule I, would also have the Feds regulate cannabis like alcohol while deferring ultimately to the states on licensing and other commercial regulations. Here are the other main business and regulatory highlights as we see them: Role of the FDA and USDA.

DEA 88
article thumbnail

David Feldman – Hiller PC: Imperfect Schumer bill good step forward

Cannabis Law Report

He has been a leading out-of-the-box guide to hundreds of growing businesses in his over 30 years of experience. Regulatory authority would move from the DEA to the FDA, but also the ATF and the Alcohol and Tobacco Tax and Trade Bureau (TTB). There will also be a role for the Treasury and the Consumer Product Safety Commission.

Banking 111