Cannabis Law Report

DECEMBER 7, 2021

Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. On September 21, 2021, the House voted to include the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) 1 in the annual National Defense Authorization Act for Fiscal Year 2022 (NDAA).

Banking 52

Banking Compliance Compliance Business 52

MassRoots

AUGUST 4, 2020

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? Virgin Islands have enacted either medicinal or recreational legalization amendments.

Banking 52

Banking Access Business Programs 52

Medical Marijuana Program Connection

MARCH 22, 2023

With recreational marijuana now legal. Missouri’s marijuana businesses have extra obstacles when it comes to getting help from financial institutions. Read More

Business 40

Business Access Banking Marijuana 40

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 197

Legalization Advocacy Banking Access 197

Veriheal

OCTOBER 18, 2021

With 19 states currently selling recreational cannabis, it may be tempting to forgo a medical card, even if you qualify as a patient. While recreational marijuana is accessible in many states for those of age, there are still some benefits to having a medical marijuana card and purchasing medical marijuana instead of recreational pot.

Recreational 93

Recreational Retail Patients Cannabis 93

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

Veriheal

SEPTEMBER 14, 2020

Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis. Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis. That could all change if the state were to adopt new recreational cannabis laws.

Recreational 98

Recreational Legalization Seed-To-Sale Pharmaceutical 98

Cannabis Law Report

MAY 17, 2019

The Sacramento Bee reports……The survey found that 82 percent of surveyed bank executives support Congress passing a law allowing financial institutions to do business with cannabis companies, a practice that is restricted because marijuana is considered an illegal narcotic at the federal level. would likely open up their services.

Access 55

Access Banking Safety Events 55

Cannabis Law Report

JULY 20, 2019

The banks actions will mean somebody at the FDIC will have to make some serious decisions that could lead to a number of ramifications for the cannabis sector not only in CA but also nationwide. A small California bank’s merger application could force the FDIC to take a firmer stand on marijuana banking.

Banking 40

Banking Data Media Business 40

NORML

FEBRUARY 27, 2019

Currently, almost none of the businesses operating in the cannabis space can legally obtain a bank account, process a credit card, or take a standard business deduction on their federal taxes. “And when these businesses are forced to operate exclusively in cash, they create serious public safety concerns.”

Banking 137

Banking Policy Business Safety 137

MassRoots

AUGUST 3, 2020

Louisiana’s medical marijuana program may have been established three years ago, but patients were not granted access to medicine until August of 2019 when the first round of the product became available. Federal Law: SAFE Banking Act. Some Senators may need encouragement from you, the constituents, to support the SAFE Banking Act.

Programs 124

Programs Banking Marijuana Conditions 124

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

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 Recreational Cannabis 98

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.

Access 52

Access Business Programs Cannabis 52

Veriheal

OCTOBER 30, 2023

Most importantly, the use of cannabis for recreational purposes will no longer be against the law. The Cannabis Authority consists of nine people, who represent “a faith-based organization, civil society, and one person each from the fields of banking, law, agriculture, scientific research, pharmacy, and medicine.”

Legalization 116

Legalization Therapy Decriminalization Epilepsy 116

Cannabis Chronicles

MAY 22, 2019

The Puyallup tribe has staked several claims in the state’s legal marijuana industry, opening two recreational stores in the Tacoma area. McDonell said research institutions are limited in their access to cannabis users by federal laws that could affect funding.

Medicine 140

Medicine Research and Development Data Collective 140

Cannabis Law Report

JANUARY 10, 2020

by Akshita Singh and Douglas Sargent | Jan 10, 2020 | Legislation , Recreational Marijuana , Social Equity | Illinois. Recreational Sales Are Live: On New Year’s Day, thousands lined up for a chance to buy marijuana legally for the first time. ILLINOIS STARTS 2020 ON A HIGH NOTE. SHARE: .

Banking 59

Banking Dispensary Agriculture Recreational 59

SpeedWeed

MARCH 9, 2021

and becoming legal, regulated, and accepted in more states, one thing the cannabis industry struggles with is having access to services that most businesses have access to, including banking and insurance. While the legal cannabis industry is slowly spreading across the U.S. The insurance broker M.J. View original article.

Business 52

Business Banking Programs Access 52

The Joint Blog

SEPTEMBER 16, 2022

There has been a shift toward normalizing the practice of buying cannabis seeds online and growing them oneself to ensure reliable access to cannabis for medicinal or recreational purposes. Many individuals now get medicinal or recreational cannabis by purchasing seeds and growing them themselves.

Banking 49

Banking Cultivation Medicine Dispensary 49

Cannabis Law Report

MAY 7, 2022

The legislation does not legalize recreational cannabis , rather, creates the ARICCAME (Regulatory Agency for Hemp and Medicinal Cannabis), the agency that will regulate the production of cannabis for medicinal and industrial purposes. Divided Opinions.

Law 52

Law Legislation Hemp Decriminalization 52

Veriheal

NOVEMBER 20, 2020

The Detroit Free Press was quoted saying that Michigan lawmakers had approved a proposal that would “create a process to streamline expungement of marijuana offenses if the activity that led to the conviction would have been legal under the recreational marijuana law. These bipartisan bills are going to be a game-changer.”

Recreational 97

Recreational Data Cannabis Access 97

SpeedWeed

MARCH 6, 2021

still doesn’t have a recreational market. Council Chairman Phil Mendleson proposed a new, recreational cannabis regulation bill that focused on progress and equity. Banks would also be granted licenses so they could work with the industry. . Despite being known for its liberal policies, Washington, D.C. View original article.

Legislation 52

Legislation Education Programs Recreational 52

Canna Law Blog

MARCH 9, 2019

Volatile Access to Banking. Lack of access to banking in the industry is the current norm, and it ultimately helps keep cannabis in the shadows and out of reach of full legitimacy and transparency. Fraudsters also help to keep cannabis in the wild, wild west.

Banking 82

Banking Access Cannabis Business 82

Veriheal

JANUARY 3, 2022

” Not only will citizens of Thailand be able to access and use cannabis freely, but they are actually encouraged to cultivate cannabis as a means of supplementing their incomes. Thailand will also be putting approved medical cannabis medications on its main drug list to allow patients to access them using the universal coverage scheme.

Legalization 122

Legalization Cultivation Chronic Pain Cannabis 122

Canna Law Blog

JANUARY 11, 2020

And for good reason: the recreational market is expanding. The international market is taking form and access to banking services is expanding. As a law firm that has been helping cannabis businesses succeed since 2010, we couldn’t be more excited. Hemp is legal. Public support is increasing.

THC 102

THC Hemp Supply Chain Concentrates 102

MassRoots

FEBRUARY 11, 2019

Now that more than half of the states in the nation have legalized cannabis for either medicinal or recreational purposes, those state-legal businesses deserve to be able to operate as such. It also allows legal cannabis businesses to have access to normal banking services, permits U.S.

Legalization 111

Legalization Marijuana Legislation Policy 111

Cannabis Law Report

JULY 12, 2021

Just look at Pennsylvania, a medical-only cannabis state (it isn’t legal for non-medical, recreational adult-use). Experts predict that your common shops like 7/11 and the likes will carry some sort of medical or recreational cannabis products,” Gottlieb said. Cannabis businesses will likely move to, or expand in, the east coast.

Banking 106

Banking Dispensary Research and Development Cannabis 106

The Blunt Truth

FEBRUARY 18, 2020

In Chicago, where medical marijuana has been legal since 2014, and recreational marijuana has been legal for just over a month, people from many facets of the real estate industry — brokers, architects, contractors, real estate owners — came to learn about the new opportunities and pitfalls of the cannabis industry.

Supply Chain 108

Supply Chain Dispensary Banking Business 108

Canna Law Blog

APRIL 27, 2022

HempCoin focused on B2B transactions among farmers, manufacturers, and both medical and recreational dispensaries. Crypto exchanges like these can provide depository services, similar to banks, but with lower fees and access to a myriad of different payment options across borders and within both fiat and virtual currencies.

Banking 70

Banking Cannabis Business Dispensary 70

Cannabis Law Report

JULY 15, 2021

Nevertheless, descheduling would have a profound effect on the marijuana businesses operating in states which have already legalized use—either medically and/or recreationally—by normalizing income tax treatment, opening access to capital, and permitting interstate commerce in cannabis.

Compliance 105

Compliance Compliance THC Retail 105

Veriheal

JULY 28, 2021

Many states have adopted medical cannabis laws, and several allow recreational cannabis. Okay, we have heard banks say this, so that sounds reasonable enough, right? If students have access to medical cannabis, teachers should as well. Cannabis legalization has become widespread across the United States.

Education 104

Education Cannabis Policy Access 104

Cannabis Law Report

SEPTEMBER 27, 2021

The specialized asset manager believes that the new structure could bring investors all the potential benefits of focused exposure to the dynamic and growing scope of cannabis, combined with the accessibility, flexibility and costs of an active ETF. “We

Banking 52

Banking Access Cannabis Safety 52

Cannabis Law Report

DECEMBER 16, 2021

Both sides of the aisle support cannabis reform, with multiple federal bills seeking to address everything from banking to social justice. Cannabis banking was originally included in the federal defense spending bill but stripped from it at the last moment. Federal Cannabis Reform (or not).

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

JANUARY 16, 2020

Now that Illinois has joined 10 other states and the District of Columbia in legalizing the recreational use and sale of marijuana, what can we expect from this new legislation? The other states where recreational marijuana has been legalized have done so through a referendum.

Law 59

Law Legalization DEA Marijuana 59

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

The Cannigma

JANUARY 13, 2021

Medical patients and recreational consumers: Different approaches. Gordon and the rest of the expert panel described why it is essential that the medical and recreational cannabis industries be seen as two very different branches with very different needs and customer intent. ’ (The Cannigma / Anthony Travagliante).

Education 97

Education Dispensary Recreational Cannabis 97

Cannabis Law Report

AUGUST 4, 2019

Although legal for medical or recreational use in 33 states, cannabis remains illegal under federal law. Because it occupies a legal grey area, banks are hesitant to touch the industry, making it primarily an all-cash business and an attractive target for thieves. Read the full report at [link].

Dispensary 63

Dispensary Supply Chain Banking Law 63