NORML

JULY 17, 2019

Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses. ” (Read NORML’s full testimony here.).

Banking 193

Banking Marijuana Legislation Access 193

NORML

FEBRUARY 14, 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. You can share the op-ed on Facebook by clicking here and on Twitter by clicking here.

Banking 194

Banking Marijuana Topical Access 194

NORML

APRIL 1, 2020

. “In this era of tremendous uncertainty, it is crucial that policymakers use every tool in their toolkit to promote public health and safety.

Policy 283

Policy Advocacy Safety Patients 283

NORML

MAY 11, 2020

. “NORML’s mission is to move public opinion sufficiently to legalize the responsible use of marijuana by adults, and to serve as an advocate for consumers to assure they have access to high quality marijuana that is safe, convenient and affordable.” ” Download the Resource Guide. Here’s how.

Advocacy 355

Advocacy Access Banking Retail 355

NORML

APRIL 12, 2023

Highlights include: AR, CA, CO, ME, MD, MO, NH, PA, SC, and TX The post State Policy Weekly Update 4/12/2023 appeared first on NORML.

Policy 201

Policy Access Consumption Banking 201

Cannabis Law Report

AUGUST 17, 2022

Drug Enforcement and Policy Center, August, 2022. According to its sponsors and supporters, the Safe and Fair Enforcement (‘SAFE’) Banking Act would help address the challenges faced by small cannabis businesses that cannot currently access banking services or loans. Ohio State Legal Studies Research Paper No.

Banking 98

Banking Access Research and Development Compliance 98

NORML

MARCH 20, 2020

That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions. In short, federal anti-drug laws continue to define the state-authorized cannabis industry, and those who work in it, as drug felons.

Business 342

Business Legislation Access Policy 342

MaxQ Cannabis

MAY 6, 2025

The new administration’s approach to Cannabis policy presents a complex landscape for the U.S. Federal Rescheduling and Banking Access The new administration has expressed support for reclassifying Cannabis from a Schedule I to a Schedule III substance under the Controlled Substances Act.

Banking 66

Banking Policy Access Cannabis 66

MassRoots

JULY 30, 2020

In addition to the dramatic cuts to the weekly enhancements of state unemployment benefits and safety net programs proposed in the House’s version (The HEROES Act), the Senate’s package does not include language that would protect banks who service the legal cannabis industry. SAFE Banking Act. The Future of the SAFE Banking Act.

Banking 116

Banking Legislation Marijuana Packaging 116

NORML

FEBRUARY 27, 2019

As the tentacles of the federal policy of cannabis prohibition run deep into nearly every sector of American public policy, a new voice emerged to call for clarity regarding state-legal cannabis marketplaces: Federal Reserve Chair Jerome Powell. Cannabis businesses ought to be held to the same standards as other commercial enterprises.

Banking 154

Banking Policy Business Safety 154

Canna Law Blog

JULY 22, 2019

Tomorrow, a Republican-controlled Senate Banking Committee hearing will examine cannabis businesses’ lack of access to banking services to further consider the SAFE Banking Act. CUNA President and CEO, Jim Nussle, already commented: At its heart, cannabis banking is a public safety issue. It’s an $8.3

Banking 107

Banking Legislation Safety Access 107

NORML

OCTOBER 15, 2019

1) Increased Access. Our goal is to ensure consumers have ease of access to legal cannabis products, access to medical dispensaries, access to world-class product options, as well as access to affordable legal options. 4) US relations – border & banking.

Legalization 202

Legalization Advocacy Banking Access 202

NORML

JANUARY 19, 2020

The US House Energy and Commerce Subcommittee on Health will hold a legislative hearing entitled “Cannabis Policies for the New Decade.” ” This marks the first time that members of the Energy and Commerce Committee will hear and debate issues specific to marijuana policy reform. IN resident? NH resident? NH resident?

Legislation 252

Legislation Decriminalization Access Patients 252

Veriheal

APRIL 17, 2025

This policy ensured significant penalties and incarceration for possession, cultivation, and trafficking for anyone found guilty in the U.S. ” SAM is a prominent opponent of legalization by individual states, as well as federal efforts to legalize and provide access.

Legalization 76

Legalization Access Policy Banking 76

Canna Law Blog

APRIL 6, 2019

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. We have consistently heard from lawful hemp producers about the lack of access to financial products. Senators, Sen.

Banking 97

Banking Hemp Access Business 97

Canna Law Blog

JANUARY 16, 2019

Since late December, we’ve had many clients come to us with frustrations about the ongoing lack of access post-Farm Bill, and questions about how things will play out in 2019. We represent a handful of banks (and a larger handful of credit unions), and we give those outfits advice on banking hemp and marijuana. Stay tuned.

Banking 87

Banking Hemp Environment Access 87

Canna Law Blog

DECEMBER 5, 2019

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.

Banking 89

Banking Hemp Compliance Compliance 89

Cannabis Law Report

JULY 1, 2021

Cannabis banking options are still quite limited for marijuana entrepreneurs, despite 36 states legalizing medical marijuana and 17 states permitting recreational adult use, according to the National Conference of State Legislatures. Are there cannabis-friendly banks? Compare 5 cannabis-friendly banks and credit unions.

Banking 84

Banking Compliance Compliance Business 84

NORML

APRIL 5, 2019

Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of expanded medical access. Senate Bill 45 would make this policy consistent for juvenile offenders. CA resident? DE resident?

Legislation 203

Legislation Banking Hemp Compliance 203

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.”. Drug Enforcement and Policy Center, August, 2022. Ohio State Legal Studies Research Paper No. 21 Pages Posted: 12 Aug 2022. Cat Packer.

Banking 52

Banking Access Research and Development Policy 52

Canna Law Blog

MARCH 17, 2019

Great news: on March 7, 2019, the “ Secure and Fair Enforcement Banking Act of 2019 ” (or, the “SAFE Banking Act”) was officially introduced in the House of Representatives. In case you need a refresher, the SAFE Banking Act needs to pass the House by a simple majority (218 of 435) to reach the Senate. Stay tuned.

Banking 86

Banking Marijuana Safety Business 86

Canna Law Blog

APRIL 14, 2019

The SAFE Banking Act just got a new, prominent supporter – on April 9, 2019, Treasury Secretary Steven Mnuchin pledged to take a look at the legislation that would allow financial institutions to service cannabis businesses. As we’ve previously written about, there have been several calls for clarity on this banking issue.

Banking 90

Banking Legislation State Laws Business 90

Canna Law Blog

APRIL 1, 2019

After its introduction on Tuesday, March 26, 2019, the House Financial Services Committee has voted 45-15 to advance the SAFE Banking Act of 2019 to the House floor on a to-be-determined date. Currently, the Safe Banking Act has 152 cosponsors, including 12 Republicans, which is more than one-third of the entire House of Representatives.

Banking 78

Banking Marijuana Legislation Business 78

Cannabis Chronicles

FEBRUARY 8, 2019

The chamber has set a hearing next week on a bill intended to make banking services more widely available for pot companies. It’s tough to see how things will shake out, but there is a very serious chance cannabis policy reform will move in the Senate,” said Morgan Fox of the National Cannabis Industry Association. However, Rep.

Banking 159

Banking Packaging History Compliance 159

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 186

Legislation Patients Access Seed-To-Sale 186

Veriheal

MAY 16, 2025

According to Beau Kilmer, a cannabis market authority from the Rand Drug Policy Research Center, in an interview with NPR , When you move from prohibition to legalization, it takes time [to lower prices]. Oversight and Insurance Access to banking isnt the only thing affecting cannabis business profits.

Supply Chain 83

Supply Chain Compliance Compliance Dispensary 83

NORML

JUNE 23, 2019

Click here to email your lawmakers in support of medical cannabis access at school. Click here to email your lawmakers in support of banking access. Senate Bill 45 would make this policy consistent for juvenile offenders. Legislation is pending, Senate Bill 24, to expand access to medical cannabis in the state.

Legislation 205

Legislation Hemp Decriminalization Agriculture 205

NORML

FEBRUARY 22, 2019

Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of access in healthcare facilities. Click here to email your lawmakers in support of banking access. California.

Legislation 189

Legislation Hemp Compliance Compliance 189

NORML

JUNE 14, 2019

Another hearing is scheduled for Thursday, where the Veterans Affairs Committee will discuss various bills that are pending regarding medical cannabis programs and veterans access. Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities.

Legislation 165

Legislation Banking Access Hemp 165

NORML

FEBRUARY 8, 2019

Senator Ron Wyden introduced legislation in the Senate — The Marijuana Revenue and Regulation Act — to permit states to establish their own marijuana regulatory policies free from federal interference. House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week.

Legislation 190

Legislation Decriminalization Patients Access 190

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 185

Legislation Decriminalization Hemp Patients 185

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. No word yet on any change in policy. SBA funds, however, are not. and finally.

Banking 106

Banking Research and Development Programs Advocacy 106

Cannabis Law Report

MAY 22, 2019

California Senate passes legislation to create state-chartered cannabis banks. The California Senate approves legislation to create state-chartered cannabis banks to help the industry get around restrictions on access to banking services. Congress to federally legalize banking for the marijuana industry.

Banking 49

Banking Retail Legislation Policy 49

NORML

FEBRUARY 1, 2019

At the state level, activists in Florida and Missouri gathered in their state capitals along side state and local NORML chapters to lobby state lawmakers in favor of sensible marijuana policy reform. Click here to email your lawmakers in support of banking access. John Fetterman, Lt. CA resident? CT resident? Update : S.

Legislation 179

Legislation Decriminalization Access Patients 179

Cannabis Law Report

MAY 19, 2022

Impacts include risks to public safety and security, impacts on governmental regulatory agency access to banking and depository services, and impacts on small and minority cannabis businesses. CANNRA+Banking+Letter_FINAL.

Banking 52

Banking Policy Safety 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

MassRoots

FEBRUARY 11, 2019

It’s time to bring our country’s marijuana policies into the 21st century, and my legislation is the way to do it.”. It’s time to bring our country’s marijuana policies into the 21st century, and my legislation is the way to do it. It also allows legal cannabis businesses to have access to normal banking services, permits U.S.

Legalization 111

Legalization Marijuana Legislation Policy 111