article thumbnail

Seed To Sale, Traceability: Bio Track & Leaf, The Retailers’ Experience In Washington State

Cannabis Law Report

I n early 2013, Congress began work on the framework of the state’s regulatory system. Tracebility was and is the tracking of Cannabis and Cannabis-infused items and products from “see d to sale”, as directed to Washington and Colorado per the Cole Memo issued in August 2013. PUBLISHER: CANNABIS LAW REPORT.

article thumbnail

Top Five Drags on the Cannabis Industry

Canna Law Blog

Even though in 2014 FinCEN issued guidelines to financial institutions for banking in the industry (despite open violations of the Bank Secrecy Act and anti-money laundering laws), the participation under those guidelines by banks and credit unions has been slow-going at best. Fraudsters also help to keep cannabis in the wild, wild west.

Banking 82
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

Article: Frost Brown Todd – Now is the Time to Plan IP Strategies for Industrial Hemp

Cannabis Law Report

In more recent years, Congress passed the Agricultural Act of 2014 to allow licensed research programs for the growth or cultivation of industrial hemp to be administered by either state departments of agriculture or universities in states where such activity is legal. In 2013, the U.S.

Hemp 40
article thumbnail

Rep Heck: We’re late to implement the SAFE Banking Act. Read his press release, the draft bill & full meeting package

Cannabis Law Report

Perlmutter and Heck first introduced a legislative proposal to allow marijuana-related businesses in states with existing regulatory structures to access the banking system on July 10, 2013 and have introduced similar bills every Congress since 2013. Full meeting package available . DRAFT BILL PDF. Here [link].

Banking 61
article thumbnail

Will Cannabis Businesses Get Federal Coronavirus Money? Probably Not.

Canna Law Blog

And the Department of Justice has at times instituted enforcement criteria to remain entirely hands off when it comes to prosecuting state licensed cannabis business owners under federal law (see, e.g., the 2013 Cole Memo ) and even Native American Tribes (see the 2014 Wilkinson Statement ).

article thumbnail

What is the Nevada Dispensary Association?

Connor & Connor PLLC

The Nevada Dispensary Association (“NDA”), a non-profit trade association, was formed in 2014 with a mission to develop and promote best practices in Nevada’s medical marijuana industry. Then, in 2013, Senator Tick Segerblom sponsored a bill that was later passed by the Nevada legislature. to direct its government affairs initiatives.

article thumbnail

AAFP ( American Academy of Family Physicians) Releases Marijuana, Cannabinoids Position Paper

Cannabis Law Report

The AAFP advocates for robust regulation regarding labeling and child-proof packaging of all marijuana and cannabinoid products. 53 Edibles often look exactly like their non-THC counterparts, and come in brightly colored packaging appealing to children, often mimicking candy products. and 2.3%, respectively. Accessed August 20, 2019.