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California: Department of Cannabis Control Names Leadership Team

Cannabis Law Report

Compliance Division – Richard Parrott. Collectively, these dedicated public servants bring extensive experience from the state and local level to the leadership team. Court of Appeals, Ninth Circuit from 2014 to 2015 and Law Clerk for the Honorable Harry Pregerson at the U.S. Court of Appeals, Ninth Circuit from 2013 to 2014.

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ICYMI: The New FinCEN Hemp Banking Guidance

Canna Law Blog

The purpose of that statement was to to help financial institutions deal with BSA and anti-money laundering (AML) compliance in light of the fact that hemp is no longer a Schedule I controlled substance under federal law. The FinCEN Guidance clarifies and expands upon the 2019 statement. ” No surprises there.

Banking 54
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BREAKING: USDA Releases Hemp Rules

Canna Law Blog

The interim hemp rules require that these plans include a practice to collect, maintain and report information on hemp cultivators, the land where hemp is produced, and the status and number of licenses issued. It’s the codification of the 2014 Farm Bill’s industrial hemp provisions. State and Tribal Plans. Because 0.3%

Hemp 66
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Alert: Concerns Re Pesticide Testing Requirements & Legacy Stock

Cannabis Law Report

A randomized list produced each month by LCB staff: Compliance consultants submit 75 samples per month for testing. Officers may also sample containers, and collect soil and water samples. After reviewing the FAQ, if you have additional questions please contact your Cannabis Compliance Consultant.

Safety 52
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Federal Agencies Provide New Guidance for Hemp Banking

Canna Law Blog

This puts the onus on banks to vet their customers to ensure compliance with hemp laws and regulations. Some things that the joint guidance expressly requires banks to do are to have BSA and anti-money laundering (“AML”) compliance programs commensurate with the level of complexity and.

Banking 64
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Criminal History and Hemp Licensing Under the USDA Interim Hemp Rules

Canna Law Blog

Among these requirements is that if the producer is a business entity, the State or Tribe must collect and submit information that includes: The full name of the business, Address of the principal business, The location, full name and title of the “ key participants ”, An email address if available, and. Who is a key participant?

History 77
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The Worst Cannabis Hazards (Still) around in California

Canna Law Blog

The “collective hangover” Shockingly enough, our cannabis business attorneys in California still get calls from people who want to set up non-profit “collectives” under the Compassionate Use Act of 1996. Screwy M&A. We have written a lot about California M&A on the blog.