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Top Five Drags on the Cannabis Industry

Canna Law Blog

Volatile Access to Banking. Lack of access to banking in the industry is the current norm, and it ultimately helps keep cannabis in the shadows and out of reach of full legitimacy and transparency. Fraudsters also help to keep cannabis in the wild, wild west.

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Article – Faegre Baker Daniels: Key Considerations for U.K. Investment in the Legal Cannabis Industry Abroad

Cannabis Law Report

cannabis is illegal for recreational use and is classified as a Class B drug under the Misuse of Drugs Act 1971. However, individual states have enacted legislation permitting exemptions for various uses, mainly for medical and industrial use but also recreational use. In the meantime, U.K. Legal Status of Cannabis in the U.K.,

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Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

DECEMBER 31, 2019 | This issue of the Rocky Mountain Economist provides an update on the economic impacts of the marijuana industry in Colorado and evaluates signs of maturation within this industry nearly six years after the first recreational marijuana storefronts opened. The State of the Cannabis Industry in the Nation.

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

Cannabis Law Report

FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Today the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions held the first-ever congressional hearing on the issue of cannabis banking. . From Rep Heck’s Office. Feb 13, 2019 . Press Release. Washington, D.C. Ed Perlmutter (CO-07).

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Hollister Biosciences Inc. Announces strategic initiatives including a planned rebrand, executive and board updates

Cannabis Law Report

The brand is being created to represent a focused vision towards becoming a leading house of brands with a mission to empower consumers with access and a variety of trusted cannabis packaged goods. Most recently, Eula served as a member of the board of directors and Chairman of the Audit Committee for Harvest Health & Recreation Inc.

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‘Make It Legal And Give Us Control’, Swiss Pharmacies Tell Government

Cannabis Law Report

The proposals limit recreational use to over 18s, and users could be given advice in pharmacies on how best to consume marijuana and a “cannabis helpline” could be set up. The country is famed for its advances in medicine, it has a supportive government and a rigid, healthy financial services network and is a major banking centre.

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World Leaders in Medical Cannabis

Medical Cannabis Seedbank

Justin Trudeau (Canada’s Prime Minister) has already legalized recreational marijuana. The government implemented a program aimed at granting access to medical cannabis and later modified this to allow cannabis cultivation for medical use. Medical cannabis in this Central European country has been regulated since 2013.