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

Dykema (Cannabis Law Blog)

AUGUST 5, 2020

The new law creates a regulatory scheme for industrial hemp that should allow Michigan to obtain approval from the United States Department of Agriculture (“USDA”) of its plan to administer an industrial hemp program under the 2018 Farm Bill. Thus, as of now, hemp processors continue to be regulated under IHRDA.

Hemp 40

Hemp Programs Law Research and Development 40

Greenspoon Marder Cannabis Law Group Blog

DECEMBER 5, 2019

With that primer, it becomes imperative to understand the definition of hemp under the 2014 Farm Bill. Under the 2014 Farm Bill, industrial hemp was defined as “the plant Cannabis sativa L. To date, only three states remain without some form of hemp program in place. percent on a dry weight basis.”

Hemp 83

Hemp THC Concentrates Programs 83

Cannabis Law Report

JANUARY 20, 2022

On January 12, 2022, the New York Department of State’s Division of Administrative Rules published emergency regulations in the New York State Register that formally implemented the New York State Hemp Grower License program (the Grower License Program). Changes to Expect from the New Licensing Program.

Cultivation 52

Cultivation Hemp Agriculture Programs 52

Cannabis Law Report

JULY 20, 2021

Compliance Division – Richard Parrott. 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. Compliance Division – Richard Parrott. Chief Deputy Director – Rasha Salama. General Counsel – Matthew Lee.

Research and Development 105

Research and Development Compliance Compliance Food 105

The Joint Blog

NOVEMBER 29, 2018

Credit Union 1 – a 66-year-old, Anchorage-based business – announced Thursday it is kicking off a pilot program to provide financial services to the state’s approved marijuana-related businesses – otherwise dubbed MRBs. The post Alaska Credit Union Launches Program to Serve the Legal Marijuana Industry appeared first on TheJointBlog.

Programs 36

Programs Legalization Marijuana Compliance 36

Cannabis Law Report

DECEMBER 14, 2019

In February 2014, FinCEN issued guidance clarifying BSA expectations for financial institutions seeking to provide financial services to marijuana-related businesses (the 2014 Guidance). That hemp remains subject to the requirements of the 2014 Farm Bill. Background. state and federal regulation of marijuana.

Hemp 59

Hemp Business Banking Agriculture 59

Cannabis Law Report

SEPTEMBER 10, 2019

Within its memorandum to members, the NCUA provided: 1) a summary of repercussions generated by the 2018 Farm Bill, 2) specific compliance program concerns with regard to the Bank Secrecy Act (BSA) and Anti-Money Laundering Act (AML), and 3) considerations under existing NCUA regulations for lending.

Hemp 45

Hemp Business Compliance Compliance 45

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. In July 2016 Hawaii Gov.

Cultivation 77

Cultivation Hemp Agriculture Programs 77

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 82

Banking Access Business Compliance 82

Cannabis Law Report

JULY 13, 2022

While there were spikes in the number of notices issued in 2014 and 2017, there has otherwise been a slow increase in the claims relating to cannabis products since 2018. Companies should ensure that their compliance programs and policies address Proposition 65 issues. Source: [link].

Oil 52

Oil Packaging THC Compliance 52

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. Bank Secrecy Act / Anti-Money Laundering (“BSA/AML”) compliance is a significant undertaking for FIs even outside the cannabis space.

Banking 80

Banking Business Cannabis Hemp 80

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

Canna Law Blog

FEBRUARY 23, 2020

In April 2018, shortly before the passage of the 2018 Farm Bill, Oklahoma enacted the Oklahoma Agricultural Industrial Hemp Pilot Program (OAIHPP). At the time that the OAIHPP was established, the 2014 Farm Bill governed hemp and Oklahoma’s program reflects that. A license is not required to manufacture Hemp CBD products.

Hemp 90

Hemp CBD Agriculture Cultivation 90

Cannabis Law Report

DECEMBER 23, 2019

We are excited to offer coverage to certain hemp producers in this pilot program,” said RMA Administrator Martin Barbre. Since this is a pilot program, we look forward to feedback from producers on the program in the coming crop year.”. WASHINGTON, D.C., The Farm Bill defines hemp as containing 0.3

Hemp 59

Hemp Programs History Policy 59

Cannabis Law Report

OCTOBER 31, 2019

The Senate approved spending legislation on Thursday that extends a provision protecting medical marijuana states from federal interference—but the question remains as to whether a House-passed version with broader protections for all state cannabis programs could still be adopted in the final bill that’s sent to the president. Full Story.

Environment 45

Environment Agriculture Compliance Compliance 45

Cannabis Law Report

JUNE 16, 2022

While there were spikes in the number of notices issued in 2014 and 2017, there has otherwise been a slow increase in the claims relating to cannabis products since 2018. Companies should ensure that their compliance programs and policies address Proposition 65 issues. Posted in: Cannabis , Featured Posts.

Oil 52

Oil THC Packaging Compliance 52

Canna Law Blog

MARCH 1, 2020

Oregon was one of the first states to allow the production of industrial hemp following the enactment of the 2014 Farm Bill. Oregon is also one of the states that have interpreted the 2014 Farm Bill to allow for the commercial sale of industrial hemp and Hemp CBD products, including products intended for human consumption.

Hemp 97

Hemp CBD Seed-To-Sale Agriculture 97

Canna Law Blog

JUNE 30, 2019

The Arizona Department of Agriculture (“AZDA”) oversees the state’s hemp program. The hemp program began in May 2018 when Senate Bill 108 was signed into law, which opened up hemp processing in the summer of 2019. It took the state a year so that it could develop the regulations and licensing program.

Hemp 68

Hemp Seed-To-Sale CBD Research and Development 68

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

Cannabis Law Report

JUNE 6, 2022

June 6, 2022 /PRNewswire/ — Green Flower , the leader in cannabis education, and Climb Credit , a new kind of student lending company focused on financing career-building programs, have joined forces to make cannabis education more affordable and accessible to students through a variety of financing options. “We VENTURA, Calif.,

Education 52

Education Programs Access Data 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. and tribal communities.

Programs 63

Programs Legislation Compliance Compliance 63

Cannabis Law Report

JUNE 14, 2019

percent limit are permitted to be mailed only when: The mailer complies with all applicable federal, state, and local laws (such as the Agricultural Act of 2014 and the Agricultural Improvement Act of 2018) pertaining to hemp production, processing, distribution, and sales; and. He works closely with clients to develop compliance strategies.

Hemp 40

Hemp Compliance Compliance Extraction 40

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. Like Flowhub’s quest, Uber uprooted a bureaucratic system and reimagined the entire transportation sector with their technology.

Compliance 52

Compliance Compliance Retail Dispensary 52

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. State departments of agriculture can issue licenses for the cultivation of hemp.

Hemp 81

Hemp Agriculture Cultivation Business 81

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

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.

Seed-To-Sale 98

Seed-To-Sale Business Marijuana Dispensary 98

Canna Law Blog

JULY 24, 2019

If you haven’t read about the 2018 Farm Bill yet, in short, it allows states to set up their own hemp production programs after approval by the USDA. 1001)) that grows, cultivates or manufactures industrial hemp for purposes of research conducted under an agricultural pilot program or other agricultural or academic research.

Cultivation 69

Cultivation Hemp Law Agriculture 69

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

Canna Law Blog

FEBRUARY 2, 2020

The North Carolina Department of Agriculture (“NCDA”) provides a useful summary of the state’s law regarding hemp cultivation: Hemp production has been legalized in North Carolina, but only as part of the state’s pilot program as allowed under federal law. The Commission’s letter is worth reading.

Hemp 102

Hemp CBD Agriculture Cultivation 102

Canna Law Blog

JANUARY 3, 2023

With the passage of the 2014 Farm Bill , CBD derived from hemp — if cultivated pursuant to a state research pilot program — got a little bit of precarious legal cover. Option 2 would likely be hugely expensive: we would see increased business failure as well as market consolidation.

CBD 75

CBD Food Clinical Trials Pets 75

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

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. To read the DBO’s guidance, click here.

Banking 45

Banking Compliance Compliance Policy 45

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

Veriheal

APRIL 14, 2022

The Financial Crimes Enforcement Network ( FinCen ) issued guidance known as the Cole Memo in 2014 that allowed banks to work with businesses operating in the cannabis industry but required them to file what is known as a suspicious activity report for any cannabis business that they served. One of those states is Pennsylvania.

Banking 106

Banking Business Cannabis Access 106

Canna Law Blog

APRIL 27, 2022

The earliest cannabis Web3 cryptocurrency companies date to 2014, and many are still in existence: PotCoin (POT), CannabisCoin (CANN), HempCoin (THC), and DopeCoin (DOPE). Cryptocurrency transactions are on a public ledger system, which would allow regulators to easily audit companies and individuals for tax compliance.

Banking 70

Banking Cannabis Business Dispensary 70

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 64

Banking Hemp Compliance Compliance 64