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House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, ( H.R. The enactment of these policies have not negatively impacted workplace safety , crime rates , traffic safety , or youth use patterns. 3540 , H.R. 3543 , and H.R.
NORML’s Responsible Consumer Safety Tips. Read and download NORML’s consumer safety tips. States Taking Action to Ensure Uninterrupted Retail Access to Medical Cannabis During COVID-19 Outbreak. Urge Congress to Provide Small Business Relief to State-Licensed Cannabis Companies. Download tips.
Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.
. “In this era of tremendous uncertainty, it is crucial that policymakers use every tool in their toolkit to promote public health and safety. By implementing these common-sense reforms, we can ensure a safer environment for those who work in this essential industry and those who they provide for,” said NORML’s Strekal.
Currently, thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships.
The most essential component in creating a stable business environment to meet consumer demand is certainty, and that is what states and businesses would have with Congressman Correa’s legislation to protect state-lawful programs from potential rouge US Attorneys under a Department of Justice likely to be led by known drug warrior William Barr.
Is cannabis legal for business purposes in Australia? Cannabis businesses must comply with several laws, including: Narcotic Drugs Act 1967 regulates cannabis cultivation and manufacture for medicinal or scientific purposes. Laws apply to business activities of all kinds at the local government level. The specific license type.
Thousands of state-licensed and regulated businesses lack access to the banking industry and are unable to accept credit cards, deposit revenues, or write checks to meet payroll or pay taxes because federal law discourages financial institutions from engaging in such partnerships. With 97.7% of the U.S.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. “The majority of states now regulate either the medical use or the adult use of marijuana.
.” The law is not applicable to prospective employees seeking certain safety sensitive positions, such as those seeking employment as firefighters, emergency medical technicians, or federally licensed drivers. For more information on pending legislation, visit NORML’s Take Action Center.
Last Wednesday, he essentially demanded that in exchange for allowing the cannabis industry to access to basic banking services, that the federal government should impose a 2% THC cap on marijuana products and prohibit the retail sale of marijuana-infused edibles or e-liquid vapor extracts. “Wait, what?!” ” you ask?
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. This situation is untenable.
The members were joined by NORML Executive Director Erik Altieri as well as representatives from the Minority Cannabis Business Association, The Veterans Cannabis Coalition, and individuals impacted by criminalization. To date, these statewide regulatory programs are operating largely as voters and politicians intended.
The bills would also allow for the expungement of certain prior convictions, delivery of medical marijuana to qualified patients, and restructures the medical marijuana licensure process to eliminate the requirement that business be vertically integrated. Send a message to your lawmakers in support of medical marijuana access.
Banking has been a hurdle for cannabis businesses since the birth of the industry. Despite the fact that these businesses are state-legal, financial institutions have historically hesitated to work with them due to cannabis’ federally illegal status. It also did not normalize federal taxation for businesses within the sector.
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.”
HempFusion is One of a Select Few Brands Prepared for FDA Compliance DENVER–(BUSINESS WIRE)–$CBD.U #CBD–HempFusion CBD–HempFusion Wellness Inc. TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO)… Read More.
Legislation is pending, Senate Bill 165, to establish a medical marijuana access program for qualified patients with a physician’s recommendation to access medical marijuana from licensed retail outlets. Send a message to your lawmakers in support of medical marijuana access. AL resident? NH resident? OK resident?
consumers and businesses, inflation dominates current news headlines because of how much it affects every one of our wallets. Since COVID-19 rocked the economy, cannabis businesses and supply chains claim to have been playing catch-up to get back to business as usual. As perhaps one of the most talked-about topics for U.S.
The organization has, they say, ……evaluated patient access, affordability, equity, and product safety. With a decline in legislative improvements in state medical cannabis programs, millions of patients are left with limited or no access,” ASA Executive Director Debbie Churgai said. “It Pennsylvania State Rep.
Groups like SAM claim to work in the interest of public health and safety first and foremost, perhaps to distance themselves from the prejudicial roots of anti-legalization in the past. ” SAM is a prominent opponent of legalization by individual states, as well as federal efforts to legalize and provide access.
If you live in or around DC, you may have noticed some recent changes to the business landscapespecifically if you enjoy cannabis. There has been a sequence of closures of cannabis businesses over the past year, which potentially means less access to cannabis as well as changes to the cannabis industry. Wondering why?
If left to their own devices in Cannabis, a mixed bag of state regulations will continue to confuse the market as they rush to implement policies that are challenging for business and almost impossible for the consumer to understand. QUESTION: What’s the state of the Cannabis business today? . We all have to do better.
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? Update : H.333
Update : HB 1089 is scheduled for a public hearing in the House Business Affairs & Labor Committee at 1:30 on 2/19/2020 in Room LSB-A. Legislation is pending, House Bill 331, to allow registered medical cannabis patients to access their medicine while at school. CO resident? MD resident? New Hampshire. NH resident? NH resident?
Legislation is pending, House Bill 1272, to expand access to medical cannabis in North Dakota. Update : The Criminal Justice and Public Safety Committee will hold an executive session for HB 399 on 1/17 at 11am. Legislation is pending, House Bill 350, to expand medical cannabis access. ND resident? NH resident? NH resident?
This location is accessible and the general public is welcome to attend. In 2015 Kevin used his knowledge of cultivating marijuana to organize Colorado’s first home grow safety symposium, which brought together top breeders, respected growers and processors and other thought leaders to explore the world of personal cultivation.
Both the legislature and the Governor’s office, after hearing New Yorkers’ opinions, have repeatedly stated cannabis legislation must address social justice concerns and avoid creating a cannabis economy that will allow large businesses to thrive to the detriment of small business.
–(BUSINESS WIRE)–Hemp, CBD, THC-cannabis and psilocybin compliance consulting firm Allay today announced a first-of-its-kind partnership with Cannabis Connect Insurance (CCI) to offer discounted rates to cannabis companies working with Allay to gain critical safety certifications. “In PORTLAND, Ore.–(BUSINESS
In addition to legalizing adult use and possession of cannabis, the law creates a statewide regulatory regime for commercial cannabis activity, but also provides discretion to local jurisdictions to prohibit or restrict such businesses.
This data helps Californians understand the work we have ahead of us in realizing the promises of cannabis legalization, including supporting access to a safe, legal, and equitable cannabis market across the state and combating the unregulated, illicit market”. SACRAMENTO, Calif.–( Tweet this. CAcannabis #Map.
Governor Gary Herbert (R) of Utah signed legislation into law that strengthens protections for medical cannabis patients and further improves upon the state’s new medical cannabis access program. Update : SB 34 is scheduled for a hearing in the Senate Committee on Business, Professions, and Economic Development on 4/1/2019.
Right now, there is an ongoing battle between the state and local governments for access to cannabis, which should be the first place that states (and possibly even Congress) look when considering legalization. This provision (as well as some other related ones) have created a great deal of tension between state and local governments.
There are currently five “pharmaceutical processor” permit holders in Virginia, and they’re about to open for business. In Virginia, these families were simply asking to be able to possess the medicines they were able to access in other states. This interview has been edited for clarity and space. We need to do more.
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. Criticism From Senate Republicans.
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
Thats what Ballot Measure 119 is all about: a law that requires cannabis businesses to allow employees the chance to unionize without interference. Over the years, unions have used this power to secure various benefits like health insurance, pensions, and safety standards across industries. What is Ballot Measure 119?
Update : HB 2149 was approved by the Public Safety Committee on 2/20. 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. AZ resident?
With Nelson promising to lower product costs if the bill is passed, it would make medical cannabis more affordable and accessible for patients. Allowing the state to cultivate cannabis for in-state cardholders could be a transformative move for the states agricultural businesses. How Much THC Can I Purchase? grams of THC every 90 days.
This partnership with WSU and Qwibil will help us research the safety and efficacy of cannabis as medicine for our patients’ use.”. McDonell said research institutions are limited in their access to cannabis users by federal laws that could affect funding. The clinic serves native and non-native patients, according to the news release.
As discussed in this earlier blog post , the SAFE Banking Act aims to prohibit federal regulators from punishing banks and other financial institutions that provide banking services to state-legal marijuana businesses, marijuana-related businesses, and their owners and employees.
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. Unfortunately, several businesses have recently fallen victim to a scam targeting the legal cannabis sector.
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?
Bob Hertzberg [D], SB 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. Click here to email your lawmakers in support of banking access. Legislation is pending, House Bill 5442, to expand patients’ access to medical cannabis in Connecticut. CA resident? CT resident?
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