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Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

The updated policy, effective June 1, has far-reaching consequences for small businesses operating in compliance with state law (and for some, in compliance with federal law) – especially those selling hemp-derived foods, supplements, and cosmetics (collectively, Consumable Hemp Products).

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The Week in Weed: May 15, 2020

The Blunt Truth

The latest proposal submitted by House Democrats, entitled the HEROES Act, includes a provision that would allow “…access to financial services to cannabis-related legitimate businesses and service providers…” The language is from the SAFE Banking Act passed by the House last year. So let’s get started.

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Constitutionality of Cannabis: Federal Lawsuit Against DEA, DOJ Proceeds

Marijuana Lawyer Blog

Defendants are acting-Attorney General Matthew Whitaker, the acting director of the DEA and the federal government. The Los Angeles CANNABIS LAW Group represents growers, dispensaries, collectives, patients and those facing marijuana charges. Additional Resources: Appeal Hearing in Cannabis Lawsuit Against the DEA , Dec.

DEA
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All Cannabis Use Is Political

The Cannigma

So while a cannabis business can join their local chamber of commerce, a patient in hospice can be denied access to medical cannabis. The unstable legality of federal protections for medical cannabis, which solely come from an amendment to the DOJ and DEAs budget that has to pass every year, threatens our progress. Make it make sense.

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Psilocybin-Alcohol Study, FDA’s Psychedelic Guide, & the NCAA’s Cannabis Overhaul Begins

Veriheal

The 14-page document covers several aspects of the drug development process, including trial best practices, data collection, and new drug application requirements. Lastly, the guide lays out the complex DEA registration process researchers much navigate to gain access to plants like psilocybin.

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Congress Just Snuck a Provision to Use Legal Weed for Research into Infrastructure Bill

SpeedWeed

Democratic leaders in both chambers of Congress have come up with a new plan that would make it easier for scientists to access high-quality cannabis for research. . Researchers eventually filed multiple lawsuits demanding that the DEA license additional growers to provide a wide range of research-quality pot. View original article.

DEA
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Colorado Could Legalize Psychedelics This November

Veriheal

Activists collected over 100,000 more signatures than needed to qualify the measure for the ballot, showing significant support for its passing. In a statement to The Denver Post, Natural Medicine Colorado—which sponsored the act—said “the measure is designed to prioritize mental health and healing, while balancing safety and access.”