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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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Simplifya Announces the Appointment of Mercury Payment Systems Inc. and MassPay Incorporated Cofounder Jeffrey B. Katz to Its Board of Directors

Cannabis Law Report

Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution. In 2001, Jeff Katz co-founded MPS and aligned with POS developers and resellers to deliver payment processing to restaurateurs and retailers.

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Weekly Legislative Roundup 2/22

NORML

Regulators in Iowa added two new medical cannabis qualifying conditions to the current list, ulcerative colitis (effective immediately), and severe pediatric autism with self-injurious or aggressive behaviors (effective 4/2/19). Click here to email your Representative and urge them to support this important legislation. AZ resident?

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Denver opens its first Social Equity Technical Assistance program for aspiring entrepreneurs in the cannabis industry

Cannabis Law Report

DENVER – June 23, 2022 – Denver Economic Development & Opportunity (DEDO) has launched a targeted entrepreneurial assistance program for aspiring cannabis business owners that is specifically designed to boost ownership among individuals disproportionately impacted by marijuana prohibition and enforcement. Hancock said.

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New Hemp Testing Guidelines Make Meeting 0.3% THC Limit Difficult

Medicinal Genomics

The language in the 2014 Farm Bill classified hemp as cannabis with less than 0.3% However, the cannabis plant does not produce THC. Another potential headache for farmers is that analytical laboratories must be registered with the DEA in order to perform compliance testing. THC requirement. and seize all the testing samples.

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Alterman Opinion Suggests Cannabis Businesses Apply Double Diligence In Records Keeping

Cannabis Law Report

We welcome Jordan to Cannabis Law Report. as well as writing detailed pieces about tax and accountancy issues relating to law in the cannabis sector Jordan has a incisive knowledge about how the cannabis sector operates and writes wickedly funny articles on his blog. We’re looking forward to publishing his work regularly.