Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

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Cannabis Law Report

SEPTEMBER 23, 2022

While SB 1326 and the SHIP Act have stirred excitement in both California-licensed cannabis companies as well as consumers living in states with regulated marijuana industries, these bills do not address the serious risk caused by the elephant still lurking in the room: the federal prohibition on cannabis.

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The Herb Collective

APRIL 29, 2019

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. The laws have said that it’s here in the long-term.

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SpeedWeed

MARCH 10, 2021

Examples such as these underscore the importance of thoroughly researching the state law and local laws of a community before selecting one for your cannabis business. Because cannabis is still classified as a Schedule 1 drug, most banks will not provide accounts to or lend to cannabis companies. .

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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. House Judiciary Committee.

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Cannabis Law Report

OCTOBER 12, 2021

The brand is being created to represent a focused vision towards becoming a leading house of brands with a mission to empower consumers with access and a variety of trusted cannabis packaged goods. She brings 20 years of experience in the financial industry, specifically 10 years in banking and underwriting.

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Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. The RSF assessment tool is designed to help OCC and a bank determine customer type for large risk analysis.

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Business Marijuana Safety Banking 52

The Joint Blog

JUNE 15, 2021

Before going deeper into it, make sure you have the license to operate legally in the state you are living in. Know your State Laws. State laws govern whether you can ope rate your cannabis growing business. And different states have different approaches to that. New Jersey. With that being said, S.A.F.E.

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SpeedWeed

JULY 17, 2021

Federal law enforcement would no longer be able to bust people for weed-related crimes, unless they were in violation of state law. Legal weed businesses would be able to open bank accounts, access loans, or list on the US stock market.

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SpeedWeed

MARCH 24, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. So what was that like for you?

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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. House Bill 243, as well as Senate Bill 236, would provide registered patients with regulated access to medical cannabis via licensed providers. AL resident?

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Cannabis Law Report

JULY 30, 2019

However, finalized rules on the shape, size, color, warning, packaging, and display of Edibles are currently lingering in final formation. . Instead, medical marijuana physicians will provide patients with a medical marijuana recommendation or “ order ,” in strict compliance with Florida state law. .

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Cannabis Law Report

OCTOBER 17, 2019

Selinger cites software, point-of-sale systems, and packaging as areas that are thriving in the state. Some of the regulatory controls include limits on THC, packaging and labeling requirements, and products that cannot be combined with THC (e.g., But lawyers should check their own state’s ethics opinions first.

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Cannabis Law Report

SEPTEMBER 16, 2019

When 71 percent of Floridians voted for access to this life-changing medicine, they didn’t expect restrictive legislation that stood in the way of progress and open markets. ”. They also actively seek out cannabis products that are high quality, high-end and often artfully branded and packaged.” Concerning illicit v.

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Policy Legislation Research and Development Business 63

SpeedWeed

JUNE 14, 2021

Dasheeda Dawson, Cannabis Program Manager for the City of Portland and Chair of Cannabis Regulators of Color Coalition (CRCC), said it’s fair to expect the Senate legalization package to go even further than the MORE Act when it comes to restorative justice, given the history of the Senators involved. “We Introduced in the House by Rep.

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Banking Hemp Legislation Packaging 40

SpeedWeed

JUNE 14, 2021

Dasheeda Dawson, Cannabis Program Manager for the City of Portland and Chair of Cannabis Regulators of Color Coalition (CRCC), said it’s fair to expect the Senate legalization package to go even further than the MORE Act when it comes to restorative justice, given the history of the Senators involved. “We Introduced in the House by Rep.

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SpeedWeed

JULY 14, 2021

All cannabis transported across state lines shall, upon arrival, be subject to the operation and effect of the laws of that state. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. View original article.

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Cannabis Law Report

DECEMBER 30, 2019

Now, nearly 1 in 4 Americans reside in a jurisdiction where the adult use of cannabis is legal, and 33 states regulate medical marijuana access. Progress on the SAFE Banking Act. The Secure and Fair Enforcement (SAFE) Banking Act , HR 1595/S.1200, Included in the final FY 2020 spending package).

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Cannabis Law Report

MAY 14, 2022

Momentum Builds in Senate for Passing SAFE Act – Bipartisan support in the Senate grows for passage of the SAFE Banking Act, which would facilitate banking access for cannabis companies. Multiple Republican and Democratic senators continue to oppose cannabis legalization. Medical/Health.

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Cannabis Law Report

JULY 29, 2022

For those twenty-one and older, the CAOA recognizes state law as controlling the possession, production, or distribution of cannabis. Industry experts expect the CAOA to serve as a building block for a more incremental reform package that Schumer has reportedly been discussing with bipartisan offices in both chambers.

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