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. THC by dry weight.

Banking 98

Banking Dispensary Cannabis Recreational 98

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

NORML

FEBRUARY 22, 2019

Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. Update : HB 2149 was approved by the Public Safety Committee on 2/20. Click here to email your governor in support of industrial hemp production. AZ resident? California.

Legislation 180

Legislation Hemp Compliance Compliance 180

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. AR resident?

Legislation 172

Legislation Patients Access Seed-To-Sale 172

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E.

Banking 89

Banking Law Legalization Hemp 89

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. Legislation is pending, Senate Bill 59, to expand medical cannabis access. Legislation is pending, House Bill 673 / Senate Bill 1430, to expand medical cannabis access. DE resident? HI resident?

Legislation 137

Legislation Hemp Patients Compliance 137

Cannabis Law Report

JUNE 28, 2021

Dan Roda is co-founder and CEO of Abaca, a digital financial platform connecting cannabis businesses with bank accounts, payment processing, lending, and more. Company mission: Abaca’s mission is to normalize access to modern financial services across the U.S. for cannabis and hemp industries.

Banking 66

Banking Access Hemp Business 66

Canna Law Blog

OCTOBER 9, 2020

On September 17, I , along with my colleagues, Griffen Thorne and Vince Sliwoski , held a webinar entitled “Hemp CBD Q&A,” a recording of which is available on our blog. Does any state have a model law(s) governing the licensing of in-state hemp processors? This is due, in part, to the grey legality of Hemp CBD products.

Hemp 53

Hemp CBD Research and Development THC 53

Cannabis Law Report

NOVEMBER 15, 2021

At-large board member Andrew Turnage, Executive Director at the Georgia Access to Medical Cannabis Commission. Lab Testing and Product Safety. Banking, Finance, and Taxation. Cannabinoid Hemp. Impaired Driving and Traffic Safety. Social and Economic Equity. Medical Use and Research. Public Education.

Compliance 98

Compliance Compliance Programs Topical 98

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?

Legislation 164

Legislation Hemp Compliance Compliance 164

Cannabis Law Report

DECEMBER 16, 2021

AB 45: California hemp legalization. It also amends the definition of Industrial Hemp to include cannabis plants and ANY part of that plant with THC concentration of no more than 0.3%. Both sides of the aisle support cannabis reform, with multiple federal bills seeking to address everything from banking to social justice.

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

FEBRUARY 14, 2019

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. According to lawmakers close to the committee’s process, Rep.

Banking 40

Banking Compliance Compliance Access 40

Cannabis Law Report

NOVEMBER 7, 2019

A press release issued by Folium April 3, 2019 said Dowty had served as a strategic advisor to create Folium Finance, a collection of financial products and services designed as a new means for cannabis start-ups to get banking services from non-traditional banks. Craig Brand, Lawyer. .

Hemp 104

Hemp Research and Development Banking CBD 104

Cannabis Law Report

JUNE 28, 2022

The commercial regulated cannabis industry, which includes both industrial hemp and marijuana, is in its infancy. No one really knows whether the substance Griner was caught with was a derivative of hemp or marijuana. There is tremendous confusion about hemp-derived products, such as CBD, and whether they are legal.

Legalization 52

Legalization Supply Chain Hemp Cannabis 52

Cannabis Law Report

SEPTEMBER 23, 2021

The FDA and CDC each issued warning notices to the public regarding delta-8 THC products on September 14, 2021, many of which are marketed as hemp products (and include some non-obvious references to other novel cannabinoids that may have similar effects and marketing). FDA Consumer Alert.

THC 52

THC Concentrates Pets DEA 52

CannaMD

APRIL 15, 2020

Because many of these patients are among our more vulnerable populations, it is essential that they maintain uninterrupted, regulated access to lab-tested products during this time. Allow State-Legal Business Access To Banking Services. There are several million state-licensed medical cannabis patients in America.

Policy 55

Policy Patients Dispensary Banking 55

SpeedWeed

MARCH 6, 2021

The legal definition of hemp, which cannot go above 0.3% Public safety at issue. Proponents of these THC caps—who are often the same politicians who stood against legalization and lost—contend that limiting THC levels will increase public safety. Cornyn have indicated their support for descheduling cannabis. In 2019, Sen.

THC 52

THC Patients Law Chronic Pain 52

WeedAdvisor

AUGUST 31, 2019

supplement companies helped dominate the market by using industrial hemp to source their CBD. European nations are fine with hemp-based CBD, as long as the THC levels remain within legal limits – in this case, 0.2%. Like in the U.S., Despite this practice being technically illegal in the U.S. Like in the U.S., billion ($1.64

CBD 45

CBD Compliance Compliance THC 45

SpeedWeed

AUGUST 17, 2021

The incident, as reported in the München Abendzeitung (an evening newspaper of the digital kind), is a testament to how difficult the local cannabis market still is, even for big companies that decide to join the hemp parade. The Strange, Grey Area of the German Hemp Market. And of course, the cops did not disappoint. .

CBD 52

CBD Patients Hemp Hash 52

Veriheal

AUGUST 3, 2021

This legislation provides important updates to our state’s medical [cannabis] program to ensure that patients have improved access to medication.”. They make a good point, considering the fact that the legislation invites hemp cultivators to participate in the state’s supply chain. Pennsylvania’s Medical Cannabis Bill: About HB 1024

Legislation 98

Legislation Patients Supply Chain Dispensary 98

Cannabis Law Report

JUNE 14, 2019

I’m proud to establish the medical marijuana advisory committee to help expand patient access, and to advance and modernize policies to move Florida into the future of medical marijuana,” Fried said. It’s a medicine that an overwhelming majority of Floridians came together for, calling for constitutionally guaranteed access.”.

Agriculture 40

Agriculture Marijuana Research and Development Policy 40

Canna Law Blog

MARCH 1, 2019

The 2018 short session therefore saw comparatively limited action, consisting principally of a non-emergency gut-and-stuff marijuana bill, and an omnibus hemp bill to build out that program. There’s almost nothing filed on hemp right now. Drafting is happening as we speak, and we expect a fuller hemp bill to pass this session.

Legislation 63

Legislation Consumption Hemp Recreational 63

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 168

Legislation Decriminalization Hemp Patients 168

Cannabis Law Report

JUNE 26, 2019

” She further directly advises that cannabis, or marijuana, is a medicine that an overwhelming majority of Floridians voted for and are constitutionally guaranteed access to as a therapeutic medicine. and is Of Counsel to Hoban Law Group in Denver, Colorado, where he’s worked on legal issues pertaining to cannabis and hemp.

Marijuana 65

Marijuana Agriculture Research and Development Education 65

The Joint Blog

MAY 24, 2021

Licensed producers can hook you up with all the cannabis you need without breaking the bank. So they decided to start High Vibe Cannabis Delivery so everyone could have access to high quality bud from the comfort of their own home or hotel room. Hemp Depot – Montreal. Do I need a prescription? Herb Outlet – Edmonton.

Dispensary 29

Dispensary Strains Edibles Packaging 29

Cannabis Law Report

JANUARY 10, 2020

Historically, the legality of cannabis—a generalized term used to describe the plants from which both marijuana and industrial hemp are derived—has evolved over time in the United States. In the late 1800s, industrial hemp was a common crop, grown predominantly in Kentucky. The State of the Cannabis Industry in the Nation. percent THC.

Banking 59

Banking Marijuana Collective Recreational 59

Cannabis Law Report

JUNE 25, 2021

According to the federal government, the Cannabis Act’s three stated objectives are to (i) keep cannabis out of the hands of young people, (ii) keep profits out of the pockets of criminals, and (iii) protect public health and safety by allowing adults to access legal cannabis. Legal Elements Affecting Access to Medical Cannabis.

Cannabinoids 91

Cannabinoids Edibles Retail Cannabis 91

Cannabis Law Report

JUNE 15, 2022

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

MAY 17, 2019

A wildly popular nutritional supplement and food additive, oil based hemp derived products like CBD racked up $1.1 Seq (1970) and Drug Enforcement Administration’s (“DEA”) clutches, 2019 hemp production and sales exploded. Industrial Hemp and CBD. containing less than 0.3% up 116% over Q3 2017); and $13.6

Food 10

Food DEA Hemp CBD 10

Sensi Seeds

NOVEMBER 28, 2018

Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. According to the 2018 Hemp & CBD Industry Factbook , CBD sales in the states could exceed $1 billion by 2020. CBD Regulation is Needed.

CBD 71

CBD Seed-To-Sale Food Research and Development 71

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. Requests feedback on potential changes to address public health and safety issues. I also do not support the SAFE Banking Act that passed in the House of Representatives. .

Banking 71

Banking Legalization Safety Research and Development 71

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 25, 2019

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

Banking 40

Banking Hemp Safety Business 40

The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. SBA funds, however, are not. There’s also lots of state news. ” sba loans.

Banking 106

Banking Research and Development Programs Advocacy 106

Cannabis Law Report

FEBRUARY 14, 2020

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. Without banking services, U.S. This is not a partisan issue, or a regional issue.

Banking 59

Banking Safety Environment Business 59

Cannabis Law Report

JULY 6, 2021

Cannabis still does not have FDIC approval with banks.”. The issue with cannabis is access, and not just physical access. The issue with cannabis is access, and not just physical access. There is no interstate commerce. Each state with a legal cannabis program has their own set compliance standards.

Vaping 86

Vaping Retail Access Cannabis 86

Cannabis Law Report

AUGUST 24, 2019

From banking reform to labeling, state legislators are set to mull over at least five bills directly impacting the $2.5 Secure and Fair Enforcement (SAFE) Banking Act, which would shield banks from federal prosecution as long as the cannabis businesses that they serve are compliant with the state laws where they operate.

Banking 45

Banking Supply Chain Food Business 45