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 169

Legislation Banking Access Hemp 169

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.

Legislation 196

Legislation Decriminalization Hemp Patients 196

NORML

JUNE 23, 2019

Also this week, the House Committee on Small Business held a hearing to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. Click here to email your lawmakers in support of banking access.

Legislation 219

Legislation Hemp Decriminalization Agriculture 219

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 193

Legislation Patients Access Seed-To-Sale 193

Cannabis Law Report

OCTOBER 21, 2021

Seattle-based cannabis banking startup Shield Compliance is beefing up its staff. Before her role at Shield, Cantrell spent more than 12 years at the Republic Bank of Chicago. She has 20 years of banking experience, the company said. Cantrell is the new executive vice president of payments and strategic alliances.

Banking 52

Banking Compliance Compliance Business 52

Cannabis Chronicles

FEBRUARY 8, 2019

Ron Wyden proposed legislation Friday that would give states a free hand to allow legal cannabis markets without the threat of federal criminal intervention, the latest push in Congress to bolster the nation’s burgeoning pot industry. It would also reduce barriers for legal marijuana businesses to get access to banking.

Banking 159

Banking Packaging History Compliance 159

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

Veriheal

SEPTEMBER 1, 2022

To put it plainly, the CLIMB Act would treat legitimate cannabis and cannabis-related companies the same as any other business where federal law would otherwise interfere with third parties’ ability to provide standard business services (e.g., banking and insurance). The proposed legislation, H.R. The proposed legislation, H.R.

Business 143

Business Banking Legislation Cannabis 143

Cannabis Law Report

AUGUST 20, 2022

CRCC’s paper, published by the Ohio State University (OSU) Moritz College of Law, is titled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act.”. Alcoholic Beverage Control Board and Treasurer, Cannabis Regulators of Color Coalition. 21 Pages Posted: 12 Aug 2022. Cat Packer.

Banking 52

Banking Access Research and Development Policy 52

NORML

MAY 24, 2019

Members of the Massachusetts Cannabis Control Commission have decided to advance plans to regulate social marijuana use facilities. Governor Jared Polis (D) of Colorado signed legislation into law that allows physicians to recommend medical cannabis for any condition for which an opiate would otherwise be prescribed. AL resident?

Legislation 191

Legislation Hemp Access Patients 191

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. Click here to email your lawmakers in support of cannabis as an alternative to opioids. CO resident? GA resident?

Legislation 186

Legislation Hemp Compliance Compliance 186

Cannabis Law Report

AUGUST 30, 2021

We speak with Mark Lozzi the CEO of cannabis financial solutions company Confia who tell us on their website. Confia enables cannabis supply chains to flow efficiently.We provide free electronic payments within-network, powerful integrated banking capabilities, and automated compliance.

Banking 105

Banking Compliance Compliance Supply Chain 105

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 157

Legislation Hemp Patients Compliance 157

NORML

APRIL 20, 2019

Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. AB 1465 (Bloom) would allow licensing of cannabis consumption cafés and lounges in California. Click here to email your lawmakers in support of banking access. Actions to Take.

Legislation 184

Legislation Decriminalization Hemp Compliance 184

NORML

MAY 10, 2019

Governor Kevin Stitt (R) of Oklahoma signed legislation into law to permit osteopaths to recommend medical cannabis to their patients. Legislation is pending, Senate Bill 236, to allow qualifying patients with certain debilitating conditions to use and safely access medical cannabis. Actions to Take. AL resident? CA resident?

Legislation 172

Legislation Hemp Compliance Compliance 172

NORML

APRIL 26, 2019

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Nassau County, New York voted to prohibit retail cannabis sales in the county once it becomes legal in New York state. Actions to Take. AL resident? AL resident?

Legislation 169

Legislation Compliance Compliance Hemp 169

SpeedWeed

MARCH 18, 2021

A Michigan credit union just got penalized for working with cannabis businesses, despite the fact that this is a gray area for financial institutions. . This is notable because it is thought to be the first time US regulators have publicly called out a financial institution for compliance issues connected to the cannabis industry.

Banking 52

Banking Compliance Compliance Access 52

Cannabis Law Report

FEBRUARY 9, 2022

Well worth a read if you want to catch up on the state of British banking for cannabis / hemp products… it’s not good! Banks, insurance companies and payment providers are refusing to work with cannabis-related companies throughout the UK, hampering the growth of the industry and leaving many in financial limbo.

Banking 59

Banking Business Media Access 59

Cannabis Law Report

NOVEMBER 18, 2021

BOSTON, DENVER, LOS ANGELES and NEW YORK — Leading cannabis law firm Vicente Sederberg LLP on Thursday announced several attorney promotions across its offices, including three new partners. Jerrico Perez is based in VS’s Denver office, where she focuses her practice on administrative law, regulatory compliance, and licensing.

Banking 96

Banking Compliance Compliance Law 96

SpeedWeed

APRIL 2, 2021

Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.

Compliance 52

Compliance Compliance Media Data 52

NORML

FEBRUARY 8, 2019

House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. Activists in Mississippi have already collected thousands of signatures in hopes of qualifying a medical cannabis ballot initiative for the 2020 ballot. So was a Mississippi medical cannabis proposal.

Legislation 196

Legislation Decriminalization Patients Access 196

PrestoDoctor

AUGUST 1, 2022

Marijuana banking options are limited for many entrepreneurs despite the fact that several thirty-six states legalize medical marijuana use. Thanks to a recent cannabis banking bill that has passed in Pennsylvania, cannabis-related businesses now have the right to use financial institutions and insurance for their businesses.

Banking 52

Banking Law Marijuana Compliance 52

Cannabis Law Report

SEPTEMBER 25, 2019

House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act 321-103. It is the first standalone cannabis policy reform bill to ever reach a House floor vote. Neal Levine of the Cannabis Trade Federation states … The bipartisan SAFE Banking Act ( H.R.1595 1595 ) was introduced by Reps.

Banking 55

Banking Safety Compliance Compliance 55

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 119

Legislation Banking Access Hemp 119

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

MAY 28, 2022

Despite progress over the past decade, the cannabis industry still struggles to access a fundamental piece of the U.S. Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. The State of Banking. economy: the financial system. That can prove costly.

Banking 52

Banking State Laws Law DEA 52

Cannabis Law Report

OCTOBER 19, 2021

New Reference Guide Arms Cannabis and Cannabis-Related Businesses with Real-Time Comprehensive Regulatory Information for All 50 States, Delivering State Regulatory Profiles to Users’ Fingertips. Banking Guidance. Users are able to access state regulatory snapshots, and get alerted to any new regulatory changes or updates.

Compliance 52

Compliance Compliance Supply Chain Banking 52

Cannabis Law Report

JULY 22, 2021

Solomon’s primary contributions to date include the development and rollout of an industry-leading compliance program and the optimization of staff and assets to support rapid market expansion. As Solomon begins his new role as CEO, previous managing partner Robert Simpson will be moving into an advisory role on the Company’s Board.

Banking 81

Banking Compliance Compliance Programs 81

Cannabis Law Report

NOVEMBER 15, 2021

Andrew Brisbo, Executive Director of Michigan’s Marijuana Regulatory Agency, welcomed as next President of the Cannabis Regulators Association which has expanded to 37 member states and territories. Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health.

Compliance 98

Compliance Compliance Programs Topical 98

NORML

JUNE 28, 2019

Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. Governor Janet Mills (D) of Maine signed legislation into law setting rules and regulations for the adult use cannabis market. California. CA resident? CA resident? CA resident?

Legislation 116

Legislation Access Decriminalization Patients 116

Cannabis Law Report

OCTOBER 28, 2021

New mobile wallet app is the solution cannabis businesses have been waiting for. Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses. NJB News reports. ON OCT 27, 2021.

Banking 52

Banking Compliance Compliance Programs 52

Cannabis Law Report

SEPTEMBER 6, 2019

This is what they say… The Green Flower Cannabis Compliance & Regulations Certificate Program will familiarize you with the laws and regulations that govern the cannabis industry in the United States, so you’ll be able to keep your organization, your team, and yourself out of trouble as your business matures.

Compliance 45

Compliance Compliance Education Legalization 45

WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. However, top Democratic Senator Chuck Schumer feels that the SAFE Banking Act is insufficient and potentially detrimental to legalization.

Banking 49

Banking Advocacy Legislation Dispensary 49

Cannabis Law Report

FEBRUARY 14, 2020

More than 1300 cannabis business owners, executives, and employees co-signed a letter to Sen. Mike Crapo urging him to support the SAFE Banking Act and hold a markup in the Senate Banking Committee. . The House of Representatives passed the SAFE Banking Act by a vote of 321-103 in September, with 91 Republicans voting in favor.

Banking 45

Banking Safety Environment Business 45

Cannabis Law Report

JUNE 25, 2021

While these products are no longer illegal (notably a different definition than “legal”), most banks have been hesitant to jump in, citing the lack of framework from the compound’s new agencies of oversight: the USDA and the FDA. As a result, banks often require a website that sells CBD to meet several criteria to satisfy their guidelines.

Banking 51

Banking CBD Hemp Seed-To-Sale 51

Cannabis Law Report

JUNE 5, 2019

House Democrats have introduced bipartisan legislation to address the conflict between states that have legalized cannabis within their borders for medical and/or personal use, and federal law, under which cannabis remains a Schedule I controlled substance. The Secure and Fair Enforcement (SAFE) Banking Act of 2019 , H.R.

Banking 40

Banking Compliance Compliance State Laws 40

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. The audience came prepared to hear about how the cannabis and commercial real estate industries were addressing some of the issues resulting from the intersection of the industries.

Supply Chain 108

Supply Chain Dispensary Banking Business 108