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Update: DOJ and SAFE Banking Act

Canna Law Blog

As we blogged about last week, the SAFE Banking Act is trying to claw its way back from the dead during this lame duck session of Congress. Interestingly, on December 2, Punchbowl News reported that the Department of Justice (DOJ) issued a memo outlining its “issues” with the SAFE Banking Act. Section 280E.

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Federal Agencies Provide New Guidance for Hemp Banking

Canna Law Blog

The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. Therefore, it’s not yet clear whether banks will service clients engaged in those activities.

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Marijuana Banking Bill Passed by West Virginia House of Delegates

The Joint Blog

Legislation that would protect banks who provide services to medical marijuana businesses has been passed by the full West Virginia House of Delegates. “The purpose of this section is to provide a solution to the banking problems encountered by the state in connection with the Act.”

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ABA (American Bankers Assoc) & CUNA (Credit Union National Association) Team Up On Cannabis

Cannabis Law Report

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses. Published July 18, 2019.

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Important Facts About California Marijuana Laws

The Herb Collective

Delivery For Everybody Good news for everyone aged over 21 in California who wants to get their hands on legal cannabis – official codes have now been put in place to ensure that even people living in “ban towns” can access tested and taxed cannabis legally.

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Lex Blog Article: Intellectual Property In The Cannabis Industry – Protecting Innovations And Products, Part II (Patents)

Cannabis Law Report

So while the actual practice or use of a patented cannabis-related invention may be illegal under federal or some state laws, such illegality should not preclude issuance of a patent, if all of the requirements of patentability are met. a contractual falling out between bank robbers). Pure Hemp Collective, Inc.

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Article – Faegre Baker Daniels: Key Considerations for U.K. Investment in the Legal Cannabis Industry Abroad

Cannabis Law Report

Whilst English law presumes that English criminal statutes do not extend to acts wholly undertaken outside the U.K., to be paid into his Spanish bank account and allowed the fraudsters to withdraw money from that account. the sale of shares or assets and collection of dividends outside the U.K. Rogers, a U.K. In the U.S.,