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Seattle: Cannabis banking startup Shield Compliance announces key hires

Cannabis Law Report

Seattle-based cannabis banking startup Shield Compliance is beefing up its staff. ” Shield, founded in 2014, helps banks and credit unions deal with the risks and regulations that come with serving cannabis businesses. .” The company offers services in anti-money laundering compliance and client onboarding.

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Navigating cGMP For Hemp & Cannabis

Cannabis Law Report

Because they are held to consistent standards and must prove compliance with these standards, companies which obtain GMP certifications can often present stronger acquisition targets. Kim Stuck is the founder and CEO of Allay Consulting , a compliance strategy and services provider serving the hemp and cannabis industries nationwide.

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Aurum Labs Receives CDPHE Certification and is Poised to be the First DEA Registered Cannabis & Hemp Testing Laboratory in the US

Cannabis Law Report

Aurum Labs ( [link] ) is now certified by the Colorado Department of Public Health and Environment (CDPHE) to conduct hemp compliance testing for manufactured industrial hemp products and is in the final stages of Drug Enforcement Agency (DEA) registration. Learn more at [link].

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California: Department of Cannabis Control Names Leadership Team

Cannabis Law Report

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. Salama was Assistant Branch Chief of the California Department of Public Health’s Manufactured Cannabis Safety Branch.

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Why New York Retailers Should Not “Gift” Cannabis

Canna Law Blog

Enacted in March 2021, the MRTA established the framework for a regulated, safe, and legal cannabis industry to operate in the state of New York. While the possession, consumption, and gifting of cannabis between adults of 21 years of age or older became allowed immediately, the legal, licensed sales of cannabis did not.

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Alaska Credit Union Launches Program to Serve the Legal Marijuana Industry

The Joint Blog

An Alaska credit union has joined the growing ranks of state-chartered financial institutions to announce plans to serve the legal cannabis industry. The post Alaska Credit Union Launches Program to Serve the Legal Marijuana Industry appeared first on TheJointBlog.

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

SpeedWeed

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. There’s just so much compliance that has to happen on our end in order to protect the financial system as a whole, that it is more expensive.

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