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Newly Published Paper: Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act

Cannabis Law Report

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. But unfortunately, SAFE, as written, is unlikely to result in equitable access to financial services.

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Enforcement or Compliance

Canna Law Blog

The War on Cannabis continues through aggressive state and local enforcement and prohibition measures with no end in sight. This is all very bad and we collectively need to figure out how to get people to comply with state law rather than penalizing everything. compliance tradeoff. It just grew the prison system.

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IRS Launches Cannabis Industry-Focused Compliance Initiative

Cannabis Law Report

Traffickers and would-be traffickers be warned, however, that if you do choose to make income from trafficking in Schedule I or II controlled substances (including cannabis, cocaine, or psychedelic mushrooms), that income is fully taxable by the U.S. Giving taxpayers access to information on how to properly comply with filing requirements.

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Cannabis Compliance Companies Join Forces To Further Safe Practices Within Industry

Cannabis Law Report

.–(BUSINESS WIRE)–Cannabis compliance consulting firms Allay Consulting , iComply Cannabis , GMP Collective and TraceTrust today announced the formation of the Cannabis Compliance Alliance , a collaborative group created to put the cannabis industry on the same footing as mainstream business sectors.

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Paper: “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act.”

Cannabis Law Report

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.”. Distinguished Cannabis Policy Practitioner in Residence, Drug Enforcement and Policy Center, Moritz College of Law, The Ohio State University.

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Washington State Eliminates Medical Cannabis Taxation

Canna Law Blog

In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Cannabis sales in Washington state are currently taxed at a rate of 37%, in addition to the general state and local sales and use taxes.

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Jersey Medical Cannabis Clinic Says It Has Zero Tolerance With People Trying To Access Medical Cannabis Using “Underhand” Methods

Cannabis Law Report

A WARNING has been issued by a local medical cannabis clinic that it will ban patients trying to use what it called ‘underhand’ means to try to obtain ‘double medication’. The company’s statement continued: ‘Medicinal cannabis is a regulated medicine and as such, must be treated with the same respect and caution as other medication.

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