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Banking for Cannabis Growers

Canna Law Blog

If you own a cannabis business, a major consideration is where to keep your money. Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. This is where a trusted cannabis lawyer at Harris Sliwoski can help.

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UK’s Metro Bank Will No Longer Service CBD Clients

Cannabis Law Report

Business Cann reports it is a big blow for the UK sector as they were one of the few in the country that would accept CBD clients… METRO Bank, one of the few institutions in the UK open to working with cannabis-related companies, is now closing its doors to the sector. . Bank Refuses To Comment.

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Canada: Grower vs. bank case finally going to hearing over loan issue

Cannabis Law Report

The dispute dating from 2010 follows Scotiabank’s recall of a loan to a homeowner with a federal licence to grow medical cannabis. An 11-year dispute over whether banks can pull mortgages from marijuana users is finally headed to the Canadian Human Rights Tribunal, says Blacklock’s Reporter. The Western Standard reports.

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Maine Cannabis Regulator Unveils New Medical Marijuana Applications

Cannabis Law Report

Applications for medical marijuana dispensaries available for the first time since 2010, caregiver applications added to Office of Marijuana Policy’s electronic offerings. If appropriate for their business models, registered medical cannabis caregivers may choose to convert their registration type to dispensaries.

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Recnt MJ Biz Report Details Tensions Between US Cannabis Industry Organisations

Cannabis Law Report

A rivalry has emerged between the two largest trade associations in the cannabis industry. On one side, the legacy group, the National Cannabis Industry Association (NCIA), counts more than 1,000 members since its 2010 founding. Its members include small and medium-sized businesses. On the other side, the U.S. ” he added.

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Cannabis Attorney David Feldman Launches New Law Firm

Cannabis Law Report

Green Market Report… Cannabis attorney David Feldman has formed a new law firm, Feldman Legal Advisors, PLLC. I am always happiest on the cutting edge, whether in helping bring IPO alternatives into legitimacy and transparency, or over the last decade bringing cannabis and psychedelics into the mainstream. Skip Intro.

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Washington LCB Updates DIA Map for Social Equity Cannabis Licensees

Canna Law Blog

On February 2, 2023, the Washington State Liquor and Cannabis Board (“LCB”) released an update regarding the interactive mapping tool for determining whether people meet have lived in Disproportionately Impacted Areas (“DIA”). Starting and operating cannabis businesses is not a cheap proposition. We wrote about that here.