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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. What’s Next?
Under statelaw, adults face civil penalties for minor marijuana possession offenses. The measure would protect registered medical cannabis patients from employment discrimination by prohibiting employers from arbitrarily discriminating against employees who legally consume medical cannabis off-the-job in accordance with statelaw.
Governor Kate Brown (D) signed legislation into law to to automatically conduct a review of past misdemeanor cannabis convictions, and to “set aside” offenses that are no longer a crime under statelaw. Click here to email your lawmakers in support of banking access. CA resident? DE resident? Update : S.
The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under statelaw even if those activities are not lawful under federal law, such as consuming cannabis. Send a message to your lawmakers in support of banking access.
Due to the plant’s illegal status, banking cannabis business revenue can be tricky. “Financial institutions providing banking services to legitimate and licensed cannabis businesses under statelaws are subject to criminal prosecution under several federal statutes,” reads a statement from the office of Perlmutter.
Legislation is pending, House Bill 2149, to amend the definition of “cannabis” under the 2010 voter-approved medical marijuana law. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of banking access. IL resident? NV resident? WV resident?
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. House Judiciary Committee.
Senator Ron Wyden introduced legislation in the Senate — The Marijuana Revenue and Regulation Act — to permit states to establish their own marijuana regulatory policies free from federal interference. House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week.
Click here to email your lawmakers in support of banking access. This measure prohibits employers from arbitrarily discriminating against prospective employees who legally consume cannabis off-the-job in accordance with statelaw. Update : SB 51 was approved by the Senate on 5/21/19, and now heads to the Assembly. CA resident?
House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.
Legislation is pending, House Bill 2980 / Senate Bill 2023, 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. Click here to email your lawmakers in support of banking access.
Click here to email your lawmakers in support of banking access. LD 991 also seeks to expunge the records of those convicted of marijuana related offenses that are no longer defined as criminal under statelaw. Update : SB 51 was heard in the Senate Appropriations Committee on 5/13/19 and 5/16. CA resident? ME resident?
Click here to email your lawmakers in support of banking access. Under statelaw, adults face civil penalties for minor marijuana possession offenses. Legislation is pending, Senate Bill 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. CA resident?
Click here to email your lawmakers in support of banking access. This measure prohibits employers from arbitrarily discriminating against prospective employees who legally consume cannabis off-the-job in accordance with statelaw. Update : SB 51 was heard in the Senate Governance and Finance Committee on 4/24/19. CA resident?
Despite 33 states having legal, medical cannabis programs in the United States, the majority of veterans who utilize cannabis obtain it from the illicit and unregulated market. . The very gray area and smokescreen that exists between federal and statelaws put veterans in a very vicarious place similar to banks.
Click here to email your lawmakers in support of banking access. The measure would protect registered medical cannabis patients from employment discrimination by prohibiting employers from arbitrarily discriminating against employees who legally consume medical cannabis off-the-job in accordance with statelaw. CA resident?
The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. Joyce’s advocacy for cannabis reform is not new. Joyce and Young’s efforts come as Senate Majority Leader Chuck Schumer, D-N.Y., and fellow Sens.
The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. Joyce’s advocacy for cannabis reform is not new. Joyce and Young’s efforts come as Senate Majority Leader Chuck Schumer, D-N.Y., and fellow Sens.
Before going deeper into it, make sure you have the license to operate legally in the state you are living in. Know your StateLaws. Statelaws govern whether you can ope rate your cannabis growing business. And different states have different approaches to that. With that being said, S.A.F.E.
An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. As most people know, statelaw provides very generous authority to local jurisdictions regarding operational requirements and standards. Authored By: An-Chi Tsou.
While you still can’t register trademarks with the USPTO for cannabis goods, there is now all kinds of intellectual property and brand strategy that goes into statelaw registration and registration for ancillary goods and services classes. Advocacy and government relations. Intellectual property.
1/4/19), SB 5131: Amends the state’s medical cannabis law so that qualified medical marijuana patients and designated providers can purchase immature plants, clones, or seeds from a licensed producer. It is estimated that 3,500 individuals will be eligible for expungement. (1/4/19), ” 3/20/2019.
The bill aims to provide reparations to communities most often targeted by law enforcement, by giving grants to local organizations that provide wealth building services for targeted communities. The legislation is currently sponsored by nearly 30 state legislators and has staunch support from the cannabis industry.
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.
Although cannabis remains federally illegal, as a medical or recreational user of cannabis, you still have rights when it comes to your personal healthcare, law enforcement encounters, your employment, your housing, transportation, and your individual privacy. PERSONAL RIGHTS. ” EMPLOYMENT RIGHTS.
Application of the law is applied to persons who own, nurture, or distribute cannabis in enormous quantities. StateLaw The law on cannabis use varies from state-to-state and penalties differ depending on the gravity of the violation. Let us take a look at some California statelaws.
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