Cannabis Law Report

DECEMBER 7, 2021

Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. Members of Congress have introduced the SAFE Banking Act or similar legislation in prior Congresses. Arnold & Porter. credit card companies). Protect all service providers (e.g.,

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

OCTOBER 26, 2019

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

Banking 45

Banking Safety Business History 45

Cannabis Law Report

AUGUST 18, 2021

OKLAHOMA CITY – Today, VICTOR NGO , 33, of Oklahoma City, and FRIENDLY MANAGEMENT GROUP, LLC (FMG) , an Oklahoma business, pleaded guilty in connection with a scheme to open a bank account under false pretenses to launder proceeds from marijuana sales, announced Acting U.S. Today, Ngo pleaded guilty to making a false statement to a bank.

Banking 98

Banking Business Marijuana Compliance 98

Cannabis Law Report

FEBRUARY 5, 2020

ARVADA – Governor Jared Polis and the Colorado Department of Regulatory Agencies (DORA) released a bold roadmap to provide clarity and guidance for state-chartered financial services industries that serve or seek to serve legal cannabis-related businesses. Roadmap to cannabis banking_January 2020. “As WATCH PRESS CONFERENCE.

Banking 69

Banking Safety Business Cannabis 69

MassRoots

AUGUST 4, 2020

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? The cutoff time of today, August 4 at 5 pm is quickly approaching.

Banking 52

Banking Access Business Programs 52

Americans for Safe Access

NOVEMBER 2, 2020

With the November general election approaching and Congress looking to wrap up legislative work for the year in December, it is a good time to assess the status of cannabis reform. We also saw successful efforts to maintain and expand protection of state cannabis models through amendments to annual appropriations bills.

Banking 130

Banking Legislation Cannabis 130

NORML

MARCH 20, 2020

That is why this week, NORML reached out to our numerous allies on Capitol Hill to ensure that any Unemployment Insurance aid packages considered by Congress provide relief to cannabis-industry personnel who have been or will be either furloughed from their jobs. Why this clarification is important.

Business 337

Business Legislation Access Policy 337

WeedAdvisor

MAY 22, 2019

Banking and the cannabis industry have a somewhat hands-off relationship. banks are skittish about doing business with dispensaries in legal states. With cannabis still being illegal on a federal level, financial institutions fear reprisals. SAFE Banking Act of 2019”) to protect banks against such prosecution.

Banking 45

Banking Business Legalization Marijuana 45

Canna Law Blog

APRIL 6, 2019

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. We have consistently heard from lawful hemp producers about the lack of access to financial products. Senators, Sen.

Banking 77

Banking Hemp Access Business 77

Canna Law Blog

APRIL 14, 2019

The SAFE Banking Act just got a new, prominent supporter – on April 9, 2019, Treasury Secretary Steven Mnuchin pledged to take a look at the legislation that would allow financial institutions to service cannabis businesses. As we’ve previously written about, there have been several calls for clarity on this banking issue.

Banking 71

Banking Legislation State Laws Business 71

NORML

OCTOBER 15, 2019

NORML Canada launches official Post-Legalization platform to focus advocacy efforts on reforming Canada’s legal Cannabis system. 1) Increased Access. 1) Increased Access. 4) US relations – border & banking. 2) Transitioning “Unregulated Market” into the legal framework.

Legalization 197

Legalization Advocacy Banking Access 197

Veriheal

DECEMBER 7, 2022

Operating cannabis-based businesses in The Golden State is no easy feat for retailers. With the plant’s legal status confined by the federal Controlled Substances Act (CSA ) boundaries, cannabis stores are still operating illegally. Due to the plant’s illegal status, banking cannabis business revenue can be tricky.

Business 84

Business Banking Advocacy Cannabis 84

Greenspoon Marder Cannabis Law Group Blog

JULY 26, 2019

On Tuesday July 23, 2019, the United States Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing to discuss national safety implications relating to federal regulations that force cannabis businesses to operate on a cash basis. This problem doesn’t just affect the cannabis industry.

Banking 40

Banking Cannabis Business Safety 40

MassRoots

AUGUST 3, 2020

Louisiana’s medical marijuana program may have been established three years ago, but patients were not granted access to medicine until August of 2019 when the first round of the product became available. House Bill 211 addresses another major restriction placed on state-legal cannabis businesses by the federal government.

Programs 124

Programs Banking Marijuana Conditions 124

NORML

FEBRUARY 22, 2019

Regulators in Iowa added two new medical cannabis qualifying conditions to the current list, ulcerative colitis (effective immediately), and severe pediatric autism with self-injurious or aggressive behaviors (effective 4/2/19). Click here to email your lawmakers in support of access in healthcare facilities. California. CA resident?

Legislation 177

Legislation Hemp Compliance Compliance 177

Canna Law Blog

MARCH 1, 2019

The Oregon legislature has been grappling with cannabis for five consecutive years. At this point, over a month into the 2019 session, a preponderance of legislators appear vaguely inclined to “let it ride” and drop the big ideas when it comes to cannabis. Talking with those in Salem trenches, one senses some fatigue.

Legislation 63

Legislation Consumption Hemp Recreational 63

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. Actions to Take.

Legislation 168

Legislation Patients Access Seed-To-Sale 168

Cannabis Law Report

FEBRUARY 14, 2020

Cannabis Wire report. Saint Vincent and the Grenadines is targeting increased foreign investment in the country’s fledgling medical cannabis industry in an effort to diversify its economy away from its weak exports of traditional crops and goods. million in tax revenue and licensing fees in 2019, far outpacing the US $1.8

Banking 59

Banking Medicine Data Cultivation 59

Cannabis Law Report

SEPTEMBER 9, 2021

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

Policy 105

Policy Research and Development Collective Banking 105

Veriheal

JULY 28, 2021

Cannabis legalization has become widespread across the United States. Many states have adopted medical cannabis laws, and several allow recreational cannabis. It is easy to get frustrated by the negative opinions of anti-cannabis activists and supporters. We have had Presidents that used cannabis.

Education 104

Education Cannabis Policy Access 104

NORML

JANUARY 19, 2020

The US House Energy and Commerce Subcommittee on Health will hold a legislative hearing entitled “Cannabis Policies for the New Decade.” Legislation is pending, House Bill 1089, to protect cannabis consumers from employment discrimination. Send a message to your lawmakers in support of medical marijuana access.

Legislation 244

Legislation Decriminalization Access Patients 244

NORML

JUNE 14, 2019

House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Governor John Bel Edwards (D) of Louisiana signed legislation into law giving patients the option to inhale medical cannabis through vaporization. California.

Legislation 146

Legislation Banking Access Hemp 146

Cannabis Law Report

SEPTEMBER 12, 2021

NCUA’s Rodney Hood said at the PBC Conference that he’s “concerned that the legal and regulatory infrastructure surrounding the cannabis industry is not evolving quickly enough,” and congressional inaction is largely to blame. Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

SEPTEMBER 24, 2019

AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. September 23, 2019. The legal cannabis industry in 33 states and several U.S.

Programs 59

Programs Banking Marijuana Access 59

Cannabis Law Report

JULY 2, 2021

Welcome to the Cannabis Freedom Alliance Monthly Newsletter! The Cannabis Freedom Alliance (CFA) will take this opportunity to provide you each month with relevant news, policy, and legislative updates on how CFA and its members are marching towards the goal of ending cannabis prohibition. Meet the Cannabis Freedom Alliance!

Policy 119

Policy Legislation Cannabis Legalization 119

Cannabis Law Report

DECEMBER 23, 2019

PUBLISHER: CANNABIS LAW REPORT. We are busy with a cross-country relocation, but we nevertheless felt compelled to make a quick comment in response to NORML’s knee-jerk December 23, 2019, post. Tell Senator Crapo that a 2% THC cap is unacceptable and that banking reform can’t wait. We agree banking reform cannot wait.

Banking 59

Banking Access Decriminalization Legislation 59

Cannabis Law Report

MAY 9, 2019

Wednesday, May 8, 2019. SACRAMENTO – California Attorney General Xavier Becerra, along with a bipartisan coalition of 38 Attorneys General, urged Congress to pass the federal Secure and Fair Enforcement (SAFE) Banking Act to give licensed cannabis businesses access to the federal banking system.

Banking 55

Banking Safety Access Collective 55

Cannabis Law Report

OCTOBER 4, 2021

Social equity is a critical component in every cannabis market, new and old. First published in 2017, and updated in 2019, the new 2021 Women & Minorities in the Cannabis Industry , is now available for download here. As the cannabis industry expands, more women are getting involved. They write. We hold up the mirror.

Data 52

Data Programs Business Banking 52

Cannabis Law Report

JULY 16, 2021

THE Cannabis Licensing Authority (CLA) and the State have been accused of having no real interest in ensuring that small farmers get their fair share of the legal marijuana pie, as pilot cultivation programmes have been allowed to fall by the wayside and emphasis placed on heavy regulation.

Cultivation 105

Cultivation Access Banking Cannabis 105

Cannabis Law Report

MARCH 5, 2019

There are 58 bills pending before the California Legislature in 2019 that include the word “cannabis” or “marijuana,” which means the state’s industry could be in for another tumultuous year of big changes.

Banking 45

Banking Access Cannabis Marijuana 45

MassRoots

FEBRUARY 11, 2019

Legislation to end the federal prohibition of cannabis has been submitted in the U.S. The American people have elected the most pro-cannabis Congress in American history and significant pieces of legislation are being introduced,” said Blumenauer. link] — Ron Wyden (@RonWyden) February 8, 2019.

Legalization 111

Legalization Marijuana Legislation Policy 111

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.

Legislation 135

Legislation Hemp Patients Compliance 135

Cannabis Law Report

JULY 12, 2021

On March 31, New York Governor Andrew Cuomo announced that the state would legalize medical and adult-use cannabis in the coming year. New York is just one of 17 states across the country legalizing cannabis. A cannabis real estate boom is likely to follow. The global legal cannabis industry is predicted to hit $40.6

Banking 106

Banking Dispensary Research and Development Cannabis 106

Cannabis Law Report

JANUARY 1, 2020

Now, it appears, that cannabis content could be on the same trajectory as new data is shows a 42.7 percent increase in total streamed hours for cannabis-related shows in 2019. Maybe in 2020 it’ll be safer to put your money into a cannabis show rather than the product itself? Data shows 42.7

Data 66

Data Banking Cannabis Programs 66

Cannabis Law Report

APRIL 26, 2022

Known for its harsh anti-drug policies, Thailand became the first country in South East Asia to legalise medical cannabis in 2018, with the legislation passing in February 2019. However, cannabis extracts with a concentration of tetrahydrocannabinol (commonly referred to as ‘THC’ and the compound that gives a high) of more than 0.2%

Legislation 52

Legislation Agriculture Research and Development Banking 52

Cannabis Law Report

FEBRUARY 14, 2019

PUBLISHER: CANNABIS LAW REPORT. . The new House of Representatives has announced its first cannabis-related hearing, “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses,” which will take place on February 13 before a sub-committee of the House Financial Services Committee.

Banking 40

Banking Compliance Compliance Access 40

NORML

MAY 31, 2019

Governor Jared Polis (D) of Colorado signed multiple cannabis reform bills into law that regulate cannabis delivery services and social consumption spaces, and reduce criminal penalties for the possession of large quantities of cannabis. Click here to email your governor in support of medical cannabis access.

Legislation 110

Legislation Access Banking Hemp 110