This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Members of the House of Representatives voted 321 to 103 in favor, representing 79% of the vote of HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. But we are not done. In fact, we’re just getting started.
Today, NORML and it’s national network of advocacy chapters released a memo to state lawmakers, regulators, prosecutors, and other interested parties providing guidance for how they can take emergency actions to better promote the health and welfare of cannabis consumers and the general public during the COVID pandemic.
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. SBA funds, however, are not. There’s also lots of state news. ” sba loans.
Update : HB 1648 is scheduled for a public hearing in the House Criminal Justice and Public Safety Committee on 1/23/20 at 1:30pm. Update : HB 1614 is scheduled for a public hearing in the House Criminal Justice and Public Safety Committee on 1/23/20 at 11am. Send a message to your lawmakers in support of banking access.
With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.
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.
Update : HB 2149 was approved by the Public Safety Committee on 2/20. Legislation is pending, House Bill 2980, to amend the Illinois Banking Act and the Illinois Credit Union Act in a manner that facilitates banks and other financial institutions to safely conduct transactions with licensed marijuana businesses. AZ resident?
House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Update : HB 1383 was heard and approved by the Committees on Judiciary and Public Safety, Intergovernmental, and Military Affairs on 3/19. Click here to email your lawmakers in support of banking access.
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. Update : The Criminal Justice and Public Safety is scheduled to hold an executive session on HB 481 on 2/21 at 11:00am in LOB 204.
Through this collaboration, the NPA and Maya will offer both the education and the technology infrastructure needed to make this possible, ensuring accessibility and safety to all communities. “We We don’t believe safety and access are opposing polarities that must be constantly balanced. ABOUT THE NATIONAL PSYCHEDELICS ASSOCIATION.
Ed Perlmutter (D-CO) and Andy Barr (R-KY) all opined on the progress of the SAFE Banking Act legislation that they’ve been industriously working on; Reps. Wyden expressed frustration at the lack of regulatory action by the FDA, arguing that it hurts consumer safety and creates economic uncertainty for hemp farmers. “We By Kyle Jaeger.
Click here to email your lawmakers in support of banking access. Update : The Criminal Justice and Public Safety Committee is holding a public hearing on HB 481 on 2/05/19 at 1:00pm, Reps Hall. Bob Hertzberg [D], SB 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. CA resident?
Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols. Moreover, ensuring product quality and safety throughout the supply chain is paramount to maintain patient trust and regulatory compliance.
Protect public safety: a better approach on marijuana, Americans for Prosperity, March 2021. If major marijuana reform legislation is to be taken seriously in Congress this year, there are many aspects it must address. Policy Study: Marijuana Taxation and Black Market Crowd-Out, Reason Foundation, January 2020.
Previously, Mr. Coniglio was a Managing Director at JPMorgan, leading three separate investment banking businesses to #1 positions over his 14 year career at the firm. Dedicated to building the industry through successful and inclusive state programs, pairing grassroots advocacy with a global vision.
An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. The committee has covered issues that are out of the state’s control like banking, but there is plenty of room for discussion on other controversial issues.
London law firm Mackrell Turner Garrett, together with a leading food and trading standards barrister, were instructed by the Cannabis Trades Association UK (CTA) to make representations to the European Food Safety Authority (EFSA). He lectures widely on EU consumer and trading standards law. Notable cases.
A coalition of marijuana companies, churches and advocacy groups is asking California Governor Gavin Newsom for temporary tax breaks for the marijuana industry. This is according to a new report by the Associated Press.
He is also the Director of Governmental Relations for MuV, a Florida-based medical cannabis company and was recently the Executive Director of the Florida Society of Cannabis Physicians, which closed after losing its bank. Pain Foundation, a national chronic pain advocacy organization, with their “End Pain. Antoinette Duncan.
However, the bill does include provisions that would allow some convictions to appear on background checks for certain safety-sensitive employment positions.). The Clean Slate Act, or H.R. The Fresh Start Act, or H.R. Members of the House have shown a commitment this term to advancing cannabis reform,” said Fox.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. There’s a subcommittee on social equity, one on public health, one on public safety, and one on the cannabis industry and market stability,” Martin said.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. There’s a subcommittee on social equity, one on public health, one on public safety, and one on the cannabis industry and market stability,” Martin said.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. There’s a subcommittee on social equity, one on public health, one on public safety, and one on the cannabis industry and market stability,” Martin said.
The NDA launched roughly five years ago as an advocacy and trade association for the retail segment of the market but has recently expanded to include cannabis cultivators and distributors. There’s a subcommittee on social equity, one on public health, one on public safety, and one on the cannabis industry and market stability,” Martin said.
We also discuss why advocates have a problem with the SAFE Banking Act, the impediments to wide-spread legalization and the best ways for companies to navigate regulations. and her clients have ranged from national advocacy groups and investors to direct and ancillary operators cannabis industry. Okay, of past records.
We’re often that lone voice over on the corner, looking out for consumers, looking out for their rights and for their safety. There are tons of other bills moving through Congress as well, bills that relate to veteran’s access to cannabis, bills that deal with safe banking for the cannabis industry, and the safe banking app.
Knowing Your Rights , provided by the national medical cannabis advocacy organization Americans for Safe Access, admonishes current cannabis consumers: Medical cannabis patients and their providers are vulnerable to federal and state raids, arrest, prosecution, and incarceration. . PERSONAL RIGHTS. ” EMPLOYMENT RIGHTS.
These days, the industry in Nevada faces some steep challenges, including the lack of banking services and some serious questions — raised in numerous lawsuits — that the state’s process for distributing conditional licenses was unfair. Pilot program for banking. Nevada’s three Democratic House members are co-sponsoring the bill. “As
He is the founder of Apeiron Investment Group, his family office and merchant banking business. Healing Advocacy Fund. Sam is the Executive Director of the Healing Advocacy Fund, which is the nonprofit organization supporting the implementation of Measure 109 in Oregon. Atai Life Sciences, Apeiron Investment Group. Sam Chapman.
If you can buy [it] at Costco you ought to be able to grow it in Oregon, so our farmers end up winning and farmers in Canada and China aren’t laughing all the way to the bank,” Wyden tells Rolling Stone. We’re planning to seek broad public input on this pathway, including information on the science and safety behind CBD.
Tom previously discussed his intention to provide financial services to minority- and women-owned marijuana companies through his and his wife’s community bank. The issue of legalization is left to the state, taking the health and safety of the public into account. Tulsi Gabbard Rep.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content