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Cannabis and banking vets launch credit card for dispensaries

Cannabis Law Report

Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. Retailers can reduce the amount of money on-site, and collect more data about their customers who are no longer cash transactions. Tsang has a long history in the banking world.

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The State of Cannabis Banking at a Pivotal Moment in the Industry: Q&A with Safe Harbor Services’ Amanda McComb

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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Kelley Drye & Warren: CBD and Hemp Legal and Regulatory Roundup – August 2021

Cannabis Law Report

The study will utilize Radicle Science’s data analytics platform and a virtual, direct-to-consumer model to deliver objective health outcome data across diverse populations and conditions. This randomized controlled trial will collect data on 13 U.S. s history. CStore Decisions. A jury awarded 25 eastern Mont.

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Two States Stick the Landing on Cannabis Legalization: Week in Review

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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Stockton University’s Cannabis and Hemp Research Institute to Offer Lab Testing, Education

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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CBD Ban: Brits Take Up Fight And Send Lawyers To Brussels

Cannabis Law Report

and derived products containing cannabinoids are considered novel foods as a history of consumption has not been demonstrated. It has also recently began flexing extra-territoriality muscles in regards to data regulation, positioning itself as a world police of consumer data, to the chagrin of Silicon Valley’s luminaries.

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Canada: Anti-Money Laundering Considerations In Cannabis Finance

Cannabis Law Report

In Canada, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) applies to a prescribed set of entities, including among others, banks, credit unions, life insurance companies, securities dealers and money services businesses. In the U.S., Takeaways for Financial Institutions.