Cannabis Law Report

MAY 25, 2022

There’s been a string of robberies affecting Washington State cannabis dispensaries, culminating in three deaths over just four days in March. As if it weren’t hard enough to find good help right now, cannabis dispensaries are looking at paying hazard wages after one cannabis store employee was killed during a recent armed robbery.

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Business Law Banking Dispensary 52

MMJ Recs

JULY 25, 2021

Pennsylvania dispensary laws can be somewhat confusing for first-time visitors and new MMJ patients. Dispensaries have only been open for business in Pennsylvania since 2018, so the Keystone State has a lot of relatively new MMJ patients. Do Pennsylvania dispensaries accept credit cards? Why are PA dispensaries cash only?

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Dispensary Banking Patients Conditions 52

Veriheal

AUGUST 14, 2023

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account.

Banking 98

Banking Dispensary Cannabis Recreational 98

Veriheal

MARCH 23, 2021

Jim Patterson, the former head of the Eaze cannabis delivery company , has pleaded guilty to committing bank fraud while he was still active as CEO. Why Commit Bank Fraud? If you’ve been to a dispensary recently, you might have noticed that you were unable to use your credit or debit card to pay for your purchases.

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Banking Business Dispensary Cannabis 52

Cannabis Law Report

JUNE 21, 2021

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. MERKLEY, DAINES URGE COLLEAGUES TO BUILD PATHWAY FORWARD FOR BIPARTISAN LEGISLATION TO ENSURE THAT LEGAL CANNABIS BUSINESSES CAN ACCESS CRUCIAL FINANCIAL SERVICES. Thursday, June 17, 2021. Washington, D.C.

Banking 66

Banking Legislation Safety Dispensary 66

PrestoDoctor

APRIL 26, 2021

One option is buying from a local dispensary, but ordering online will give you access to many more options. . The range of seeds available at a local dispensary could be limited and ordering online will usually extend your range of choices greatly. Often known as the original seed bank and well known in the market.

Banking 52

Banking Cultivation Seed-To-Sale Marijuana 52

PrestoDoctor

APRIL 26, 2021

One option is buying from a local dispensary, but ordering online will give you access to many more options. . The range of seeds available at a local dispensary could be limited and ordering online will usually extend your range of choices greatly. Often known as the original seed bank and well known in the market.

Banking 52

Banking Cultivation Seed-To-Sale Marijuana 52

Veriheal

JULY 2, 2020

However, for patients to qualify for access to medical cannabis, they must have received a diagnosis of at least one of the 14 qualifying conditions that were initially approved under the initial law. According to several media reports on June 16th, the Governor signed the legislation into law with all approved amendments.

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Banking Programs Therapy Conditions 52

Cannabis Law Report

JULY 25, 2022

Beyond Hello™ Alexandria Will Open its Doors, Broadening Patient Access to Medical Cannabis Products. Jushi” or the “Company”) ( CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, announced the opening of its third medical cannabis dispensary in Virginia and 34th retail location nationwide.

Retail 52

Retail Dispensary Patients Access 52

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. I’ve seen dispensary employees have their bank accounts shut down.

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Banking Hemp Marijuana Events 40

SpeedWeed

FEBRUARY 15, 2019

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Here’s How Cannabis Companies Are Banking Legally on the Down Low. “We are all late,” Rep. .”

Banking 53

Banking Dispensary Safety Seed-To-Sale 53

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. Even taxes cannot be paid electronically through a bank, forcing owners to literally hand massive amounts of cash to the IRS every year. Gavin Newsom to become law.”.

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Banking Business Legalization Marijuana 45

Cannabis Law Report

SEPTEMBER 16, 2022

This article reviews cannabis laws in effect in Southern states, cannabis laws that will go into effect in the future, and examines states that haven’t passed legislation legalizing cannabis. Arkansas dispensaries began serving qualified patients in 2019. Existing Cannabis Regimes. Cannabis is not new to the South.

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Law Programs Cultivation Dispensary 52

The Joint Blog

MAY 17, 2020

Included in the language of the bill, according to NORML, is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. Members of the House of Representatives voted 321 to 103 in favor of the Act in September.

Packaging 52

Packaging Banking Business Legislation 52

MJ Business Attorneys

FEBRUARY 14, 2023

The current economic uncertainty, coupled with stifling regulations, price compression , lack of access to capital, and restrictive banking options are increasing distress and making disputes between business partners more common. At the core of the issue is the linkage between cannabis licenses and location.

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Business Banking Cannabis Dispensary 130

NORML

APRIL 1, 2020

“As individuals and families struggle to cope with the day-to-day challenges of the COVID-19 global pandemic, it is inappropriate and irresponsible for state and local governments to continue utilizing precious resources and capacity to arrest, prosecute, and incarcerate Americans for marijuana violations,” said NORML’s Strekal.

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Policy Advocacy Safety Patients 256

Cannabis Law Report

AUGUST 4, 2019

A rather worrying report via Vice who report, “Dispensaries are adopting in-store surveillance systems to protect profits. This may sound like a scene from a sci-fi movie, but these tools are employed in cannabis dispensaries today. If they decline or their faces are obscured, by a mask for example, then access is denied.

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Dispensary Supply Chain Banking Law 63

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. And that puts them and the Americans they do business with at risk. .

Banking 40

Banking Cannabis Business Safety 40

Cannabis Law Report

AUGUST 12, 2021

Applications for medical marijuana dispensaries available for the first time since 2010, caregiver applications added to Office of Marijuana Policy’s electronic offerings. If appropriate for their business models, registered medical cannabis caregivers may choose to convert their registration type to dispensaries.

Marijuana 105

Marijuana Dispensary Programs Retail 105

NORML

JANUARY 19, 2020

At the state level, a new decriminalization law took effect this week in Hawaii involving the possession of up to three grams of marijuana, as well as a procedure for expungement of past convictions for the same amount. Send a message to your lawmakers in support of medical marijuana access. CO resident? IN resident? NH resident?

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Legislation Decriminalization Access Patients 244

Cannabis Law Report

JANUARY 11, 2022

This ultimate guide on weed delivery services lets you find the convenient and closest weed delivery dispensary near you. We have curated top points to follow to find the closest weed delivery dispensary close to you. Thus, it potentially creates an excellent herbal extract accessible in more states than not. Here you go!

Dispensary 52

Dispensary Extraction Consumption CBD 52

Cannabis Law Report

MARCH 17, 2022

The Apothecarium 1 in Las Vegas Marks Jushi’s First Dispensary in The State of Nevada. Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi, said: “We are excited to add Apothecarium Nevada to our growing retail network, marking our first Nevada dispensary, located off the iconic Las Vegas strip. BOCA RATON, Fla.,

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Dispensary Retail Banking Conditions 52

Cannabis Law Report

JUNE 30, 2021

.–( BUSINESS WIRE )–While potential demand for insurance products covering the cannabis industry is poised to follow this market’s favorable revenue growth projections, conflicting state and federal laws continue to pose a hurdle for insurers looking to enter the segment, according to a new AM Best report. Tweet this.

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Law Banking Business Data 93

Veriheal

OCTOBER 8, 2020

The Small Business Association or SBA for short has denied the cannabis industry access to any of these funds or programs. Suppose the new Small Business Disaster Relief Equity act was to see success, cannabis businesses would have access to applying for disaster relief funds. It’s also cannabis dispensaries.

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Access Business Programs Cannabis 52

Cannabis Law Report

JULY 25, 2021

With banking options still difficult for cannabis businesses to access – including the ability to accept debit and credit cards – cannabis companies are still searching for ways to facilitate their merchant processing needs. The issues with cashless ATMs. Two accomplices were eventually fined and were sentenced to prison.

Banking 105

Banking Programs Dispensary Business 105

Otherside Farms

FEBRUARY 25, 2019

A few decades ago, you couldn’t open a cannabis dispensary in any state without facing the wrath of the state laws. You could be interested in opening a dispensary to take advantage of such opportunities but are not sure where to begin. Your Dispensary Budget. Perhaps some few essential tips are all you need. The Capital.

Dispensary 72

Dispensary Legalization Business Law 72

Veriheal

OCTOBER 12, 2020

The industry is saturated with regulations and restrictions, many of which lead to significant security risks such as having large sums of cash on site of dispensaries due to the lack of banking access within the industry. However, many security risks within the sector could be mitigated with simple training and common sense.

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Dispensary Safety Banking Business 98

Cannabis Law Report

SEPTEMBER 24, 2019

AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. The STATES Act Would Increase Public Safety by Allowing Cannabis-Related Businesses to Access the Banking System without Fear of Prosecution. Here’s the introduction to the piece by Marijuana Moment. Led by Washington, D.C.

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Programs Banking Marijuana Access 59

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. AL resident? AL resident?

Legislation 110

Legislation Access Banking Hemp 110

Canna Law Blog

APRIL 21, 2023

Even the Better Business Bureau has an alert out on dispensary scams. Cannabis and crypto For some reason, certain cannabis companies and investors believe that crypto is the way for cannabis companies to solve their inability to access financial institutions (guess they’ve never read the 2014 FinCEN Guidelines ?).

Banking 68

Banking Cannabis Business Dispensary 68

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. CO resident?

Legislation 169

Legislation Patients Access Seed-To-Sale 169

WeedAdvisor

JULY 5, 2019

First Nations reserves did not secure any spots in the previous lottery, despite some actually operating their own cannabis shops to serve their reservations – which law enforcement is not particularly concerned about. For the first time since legalization, Ontario is finally making noticeable gains in both revenue and accessibility.

Dispensary 53

Dispensary Retail Compliance Compliance 53

Cannabis Law Report

JANUARY 16, 2020

In the following Q&A, Distinguished Professor of Criminal Justice Ralph Weisheit explains some of the finer points of the law. . Lawmakers have to come back, perhaps not having thought seriously about what that means, and build a law around this vague idea the people have supported.” .

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Law Legalization DEA Marijuana 59

The Herb Collective

APRIL 29, 2019

So, what should you know about California’s marijuana laws, and how do they impact on you? The laws have said that it’s here in the long-term. A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Here, we take a look at the important facts.

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Law Marijuana Banking Packaging 45

Veriheal

OCTOBER 14, 2020

Hypur, per their website, states that it “provides payment and banking technology for high-risk markets, including MSBs and cannabis-related businesses.” This will undoubtedly help attract customers vs. a cash-only dispensary. Customers don’t get any fees, but the dispensaries that accept Hypur do.

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Dispensary Banking Patients Access 52

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. House Bill 324 seeks to expand and facilitate patients’ access to medical cannabidiol (CBD) products. GA resident?

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Legislation Hemp Compliance Compliance 161

Cannabis Law Report

DECEMBER 23, 2019

PUBLISHER: CANNABIS LAW REPORT. Tell Senator Crapo that a 2% THC cap is unacceptable and that banking reform can’t wait. We agree banking reform cannot wait. The denial of access to banking to the cannabis industry – legal or illegal – is simply stupid. AUTHOR: aBIZinaBOX Inc. CPAs – Jordan S.

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Banking Access Decriminalization Legislation 59