Cannabis Law Report

AUGUST 7, 2021

MAPS PBC catalyzes healing and well-being through psychedelic drug development, therapist training programs, and sales of prescription psychedelics. Founded in 2014, MAPS PBC is a Public Benefit Corporation that prioritizes public benefit over profit. Full Job Description. About MAPS Public Benefit Corporation (MAPS PBC).

Clinical Trials 105

Clinical Trials Research and Development Compliance Compliance 105

Cannabis Law Report

JULY 20, 2021

Compliance Division – Richard Parrott. Legal Affairs Division – Tamara Colson. Chief among our goals is to simplify participation in the legal market by streamlining licensing and the regulatory framework. Lee served as Deputy Legal Affairs Secretary for the Office of Governor Gavin Newsom from 2019 to 2021.

Research and Development 105

Research and Development Compliance Compliance Food 105

Veriheal

OCTOBER 4, 2021

federal government has recognized hemp as a viable crop and taken measures to legalize it, each state has set its own specific laws and compliance measures around the plant. Things began to change in 2014 with the introduction of the Farm Bill , which legalized hemp research programs. Although the U.S.

Cultivation 92

Cultivation Hemp Agriculture Programs 92

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. That hemp remains subject to the requirements of the 2014 Farm Bill. Background.

Hemp 59

Hemp Business Banking Agriculture 59

Canna Law Blog

NOVEMBER 16, 2023

We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. It isn’t a legal framework, after all. And I apologize in advance for all the acronyms. That’s banking. Again, my shorthand.)

Banking 83

Banking Business Cannabis Hemp 83

SpeedWeed

APRIL 3, 2021

Amanda McComb: We started our cannabis banking program in 2015 and have since gone through 15 state and federal exams. So, it’s been a long haul, most specifically just for the cannabis program to make sure that we were staying in compliance and doing it in a safe and sound way.

Banking 52

Banking Legalization Compliance Compliance 52

Canna Law Blog

FEBRUARY 23, 2020

The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. According to the USDA website , Oklahoma is currently drafting a hemp cultivation plan.

Hemp 91

Hemp CBD Agriculture Cultivation 91

Canna Law Blog

SEPTEMBER 18, 2023

Most worrisome to me is that SAFE Banking could ultimately increase AML/BSA compliance burdens for financial institutions with cannabis clients. Hundreds of them already offer services to state-licensed marijuana businesses: these banks are well versed in the old-as-dirt 2014 FINCEN guidance on working with industry.

Banking 84

Banking Access Business Compliance 84

Cannabis Law Report

JULY 13, 2022

As the cannabis industry and its associated sectors have gained increasing social and legal acceptance, these businesses have started to face an issue that has been plaguing traditional Consumer Packaged Goods companies in the state of California for decades— Proposition 65 claims. Jasmine Wetherell. Source: [link].

Oil 52

Oil Packaging THC Compliance 52

Cannabis Law Report

JUNE 16, 2022

As the cannabis industry and its associated sectors have gained increasing social and legal acceptance, these businesses have started to face an issue that has been plaguing traditional Consumer Packaged Goods companies in the state of California for decades— Proposition 65 claims. Blog: Cannabis Legal Highlights.

Oil 52

Oil THC Packaging Compliance 52

Cannabis Law Report

JUNE 30, 2019

Senator Ron Wyden and Congressman Earl Blumenauer have introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs.

Programs 63

Programs Legislation Compliance Compliance 63

Cannabis Law Report

SEPTEMBER 29, 2021

Flowhub, founded when the first legal adult-use stores opened in Colorado in 2014, created technology to disrupt antiquated systems and replace them with innovative, modern tools that redefine the cannabis space. Flowhub is working to make safe cannabis products accessible to every adult on planet Earth.

Compliance 52

Compliance Compliance Retail Dispensary 52

MMJ Recs

AUGUST 30, 2021

In 2014, Governor Jay Nixon signed the Missouri Medical Marijuana Bill, making it possible for CBD to be used as medicine for seizures. In 2018, Amendment 2 was passed, making medical marijuana in the state completely legal. After all, once something becomes legalized, it can be taxed for government revenue.

Seed-To-Sale 98

Seed-To-Sale Business Marijuana Dispensary 98

Cannabis Law Report

OCTOBER 2, 2021

MAPS PBC catalyzes healing and well-being through psychedelic drug development, therapist training programs, and sales of prescription psychedelics. Founded in 2014, MAPS PBC is a Public Benefit Corporation that prioritizes public benefit over profit. Regulatory Affairs · Any City, Any State, California.

Clinical Trials 52

Clinical Trials Research and Development Compliance Compliance 52

Cannabis Law Report

JUNE 14, 2019

Sending hemp and CBD in the mail has proven to be more of a hassle than one would expect given the recent expansion of hemp’s legal status in the United States. Most importantly, the USPS’s updated policy acknowledges the legal status of hemp produced in accordance with the 2018 Farm Bill and the 2014 Farm Act Pilot Programs.

Hemp 40

Hemp Compliance Compliance Extraction 40

Canna Law Blog

MARCH 1, 2020

The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. Today we turn to Oregon. total THC is strictly prohibited.

Hemp 99

Hemp CBD Seed-To-Sale Agriculture 99

Canna Law Blog

NOVEMBER 2, 2019

It means that hemp farmers are going to face a bevy of regulations and compliance issues and protocol on the state, tribal, and federal levels in a way they haven’t had to before even under 2014 Farm Bill pilot programs. What does this mean? The effect of the USDA regulations on hemp-CBD and hemp-derived products.

Hemp 59

Hemp Agriculture Compliance Compliance 59

Canna Law Blog

JUNE 30, 2019

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. As of now, the state’s opening up for license applications.

Hemp 70

Hemp Seed-To-Sale CBD Research and Development 70

Canna Law Blog

JANUARY 3, 2023

Until recently, CBD resided in a legal penumbra where hemp was still scheduled on the federal Controlled Substances Act and could not be cultivated without a permit from the Drug Enforcement Administration (“DEA”). And marketing any bodily or curative effects of CBD was (and still is) off limits. 2018 Farm Bill.

CBD 78

CBD Food Clinical Trials Pets 78

Canna Law Blog

FEBRUARY 19, 2019

In plain english, this means that states and Tribes can’t prohibit hemp or hemp products from passing through their state or territory if the hemp or hemp products were produced in compliance with Section 10113 of the 2018 Farm Bill. The USDA has not yet approved of any state or Tribes plan.

Hemp 84

Hemp Agriculture Cultivation Business 84

Canna Law Blog

AUGUST 26, 2019

Until then (and for a year following the adoption of the USDA regulations), the 2014 Farm Bill remains in effect. Pursuant to the 2014 Farm Bill, every state that allows hemp cultivation requires that hemp be produced under a license, permit, or other authorization issued by its state department of agriculture.

Hemp 63

Hemp Agriculture Compliance Compliance 63

Canna Law Blog

FEBRUARY 2, 2020

The Agriculture Improvement Act of 2018 (“ 2018 Farm Bill ”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. Currently, NCDA is operating under the 2014 Farm Bill, not the 2018 Farm Bill.

Hemp 105

Hemp CBD Agriculture Cultivation 105

Veriheal

APRIL 14, 2022

Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. The Cole Memo also provided a list of various red flags that, if noted, required banks to report the violating businesses for being out of compliance.

Banking 116

Banking Business Cannabis Access 116

The Blunt Truth

FEBRUARY 18, 2020

Recently, I had the opportunity to moderate panels on cannabis and commercial real estate at programs held in Los Angeles and Chicago. It was interesting to compare the programs and the audiences in the two cities. Another panelists runs a full service creative and compliance agency for the cannabis industry.

Supply Chain 108

Supply Chain Dispensary Banking Business 108

Canna Law Blog

APRIL 27, 2022

This is the world we work in, and it does not look like full-bore legal clarity in either ecosystem will be emerging soon. The earliest cannabis Web3 cryptocurrency companies date to 2014, and many are still in existence: PotCoin (POT), CannabisCoin (CANN), HempCoin (THC), and DopeCoin (DOPE). The tax application is also undeniable.

Banking 73

Banking Cannabis Business Dispensary 73

Canna Law Blog

NOVEMBER 2, 2019

It means that hemp farmers are going to face a bevy of regulations and compliance issues and protocol on the state, tribal, and federal levels in a way they haven’t had to before even under 2014 Farm Bill pilot programs. What does this mean? The effect of the USDA regulations on hemp-CBD and hemp-derived products.

Hemp 40

Hemp Agriculture Compliance Compliance 40

SpeedWeed

FEBRUARY 19, 2021

Flower is forbidden in New York, even for patients in the state’s medical cannabis program. Flower is legally available to New Yorkers with medical cards, so long as it’s ground up, ostensibly for vaping. When New York started its medical program in 2014, Gov. Legal Loopholes. Except that it isn’t.

Vaping 52

Vaping Patients Compliance Compliance 52

Canna Law Blog

DECEMBER 5, 2019

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 66

Banking Hemp Compliance Compliance 66

Cannabis Law Report

JUNE 11, 2019

Since the legalization of recreational cannabis use in Canada in October 2018, investment has flowed into the cannabis sector. The PCMLTFA is administered by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), which has issued policy interpretations relating to legal cannabis businesses. June 10 2019.

Compliance 40

Compliance Compliance Business Policy 40

SpeedWeed

APRIL 21, 2021

You cannot read a cannabis industry newsletter these days without seeing articles that hype the future impact of New York, New Jersey, Virginia, and New Mexico adult use programs. It even affects the stock prices of the Canadian licensed producers because the uninitiated believe these companies will benefit from new US programs.

Programs 52

Programs Dispensary Oil Cultivation 52

The Blunt Truth

JULY 5, 2023

Since 2014, Minnesota has provided applicants and employees with protections if they lawfully use cannabis for medicinal purposes. This expanded definition should avoid litigation in Minnesota over whether the CPA covers a product that is legal under state law, but not federal law, as we saw in Coats v. NP Palace, LLC (Nevada 2022).

Law 52

Law Recreational Policy Treatment 52

Cannabis Law Report

OCTOBER 31, 2019

The guidance also offers suggestions for banks, in the form of a questionnaire, on the compliance requirements of the Bank Secrecy Act (BSA) and the 2014 guidance by the Financial Crimes Enforcement Network (FinCEN) on cannabis banking. Obviously, the guidance does not change the federal law. What happened. Why it matters.

Banking 45

Banking Compliance Compliance Policy 45

Canna Law Blog

SEPTEMBER 10, 2020

Due to the federal illegality of cannabis, cannabis businesses don’t receive normal treatment from the federal government (with maybe one or two exceptions, like the NLRB and the 2014 FinCEN guidance for access to financial institutions). In response to its statutory directive under MAUCRSA, CDFA created the OCal Program.

Programs 62

Programs Agriculture Food Cultivation 62

Cannabis Law Report

FEBRUARY 1, 2019

“Audit,” already an unpleasant word in cannabis circles, got a little worse this week with the release of a stern assessment of Oregon’s cannabis program by the Oregon Secretary of State. Oregon’s testing program does not do enough to ensure the accuracy of results and insulate labs from industry pressures away from best practices.

Compliance 40

Compliance Compliance Programs Safety 40

Cannabis Law Report

AUGUST 8, 2019

investors in cannabis-related entities, where the activity is legal in its jurisdiction but not legal in the U.K., That said, the legal position is not clear cut. investment community as to the boundaries of legal risk and compliance. Legal Status of Cannabis in the U.K., In the meantime, U.K. and Canada.

Legalization 40

Legalization Banking Compliance Compliance 40

Cannabis Law Report

OCTOBER 31, 2019

This does not apply to a felony for lawfully growing hemp under the 2014 Farm Bill. States are expected to continuing operating pilot programs established under the 2014 Farm Bill (after reaching compliance with the IFR). State and Tribal plans must include protocols for correcting negligent violations by hemp producers.

Hemp 51

Hemp THC Concentrates DEA 51

Cannabis Law Report

JANUARY 31, 2019

198 million in state and local sales tax revenue generated since legalization. Oregon’s Public Policy Approach to Support Legal Marijuana Production and the State’s Abundant Supply: The Course for Seeking the Right Balance. Oversupply is seen as a positive as it indicated incorporation of grey & black markets. January 31, 2019.

Legislation 61

Legislation Recreational Marijuana Policy 61