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Newly Published Paper: Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act

Cannabis Law Report

Drug Enforcement and Policy Center, August, 2022. 21 Pages Posted: 12 Aug 2022. Date Written: August 11, 2022. But unfortunately, SAFE, as written, is unlikely to result in equitable access to financial services. Promote compliance with state and local regulatory requirements regarding business ownership.

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Americans for Safe Access (ASA) has released a report examining the efficacy of state medical cannabis laws.

Cannabis Law Report

The organization has, they say, ……evaluated patient access, affordability, equity, and product safety. With a decline in legislative improvements in state medical cannabis programs, millions of patients are left with limited or no access,” ASA Executive Director Debbie Churgai said. “It Pennsylvania State Rep.

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Manzuri Law – Their Top 10 of 2021 – Cannabis Law News and Soft Predictions for 2022

Cannabis Law Report

This year our office wrote about the various legislative and policy changes – We break down 2021’s highlights below. DCC needs to present a report to the Governor by July 1, 2022 that outlines the steps necessary for the incorporation of hemp products (and cannabis products with hemp cannabinoids) into the cannabis supply chain.

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2022 Election Results – Cannabis Continues Its Spread Across Michigan

Dykema (Cannabis Law Blog)

The 2022 general election saw cannabis on the ballot in 32 municipalities across Michigan. With the votes tallied, it appears that 13 municipalities voted in favor of initiatives to expand cannabis access that were on the ballot. Chesterfield Township , Macomb County – voted to allow the city to set the number of cannabis businesses.

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Canopy Growth Reports First Quarter Fiscal 2022 Financial Results – The John Bonham Of Cannabis?

Cannabis Law Report

Adjusted EBITDA loss in Q1 2022 was $64 million , a $29 million narrower loss versus Q1 2021 driven by higher sales and lower operating expenses. Adjusted EBITDA loss in Q1 2022 was negatively impacted by a $10.1 First Quarter Fiscal 2022 Financial Summary. (in Highlights. in millions of Canadian. dollars, unaudited).

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Dumpster Fire: What Went Wrong with CA Cannabis?

Project CBD

The result: Cascading business failures across the industry. In May 2022, there were close to 1500 brands in the market, according to Headset. A 2022 report estimated that licensed California cannabis distributors are sitting on over $600 million dollars in aging accounts receivable that retailers are unable or unwilling to pay.

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Announcement: California Department of Cannabis Control Debuts Data Tool Showcasing Access Areas for Cannabis Business

Cannabis Law Report

This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. — CA Department of Cannabis Control (@CAcannabisdept) May 26, 2022.

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