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Three years after legalization, what’s the state of the cannabis industry in Canada?

The Cannigma

In 2018 Canada legalized recreational cannabis use, becoming the first G7 country to do so and only the second country after Uruguay, which legalized cannabis in 2013. Canadian law also includes packaging and labelling requirements , mainly meant to keep cannabis and cannabis products from getting into the hands of children.

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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. Oppressive Federal Taxation. . Fraudsters also help to keep cannabis in the wild, wild west.

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Crossing The Line: California Looks to Permit Interest Transfer and Distribution of Cannabis

Cannabis Law Report

California’s SB 1326, on the other hand, seems to suggest that even a DOJ memorandum – think: the Cole Memo of 2013 – which “tolerates” interstate transfer of cannabis would be sufficient for California operators to begin exporting their products across state lines under the proposed law.

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Article: Seeding the future of the British hemp industry

Cannabis Law Report

Open Access Govt write. It is comprised of NGO’s, farmers, businesses, environmental organisations and individuals who want to support progressive changes in hemp legislation. To stop our farmers from gaining access to this potentially lucrative market, and allow this revenue to flow out of the UK is preposterous.

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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. is a multi-state cannabis house of brands with a portfolio of innovative, high-quality consumer packaged products.

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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

To date, the leading, bipartisan legislative solution focused on the cannabis banking issue is the Secure and Fair Enforcement (SAFE) Banking Act, authored by Reps. Full meeting package available . Ed Perlmutter (D-CO-07) and Denny Heck (D-WA-10) and cosponsored by Reps. Warren Davidson (R-OH-08) and Steve Stivers (R-OH-15).

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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 ). from the financial disaster caused by COVID-19.