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California’s Cannabis Businesses Continue to Struggle Under Federal Limitations

Veriheal

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 state laws are subject to criminal prosecution under several federal statutes,” reads a statement from the office of Perlmutter.

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Weekly Legislative Roundup 1/18/20

NORML

The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under state law 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.

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Weekly Legislative Roundup 2/22

NORML

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?

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Weekly Legislative Roundup 5/31/19

NORML

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.

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Veterans Are Often Forced to the Illegal Market Despite Cannabis Legalization

Veriheal

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 state laws put veterans in a very vicarious place similar to banks.

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Manzuri Law Blog Post: The Cannabis Advisory Committee: Going from Puppeteering to Action

Cannabis Law Report

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, state law provides very generous authority to local jurisdictions regarding operational requirements and standards. Authored By: An-Chi Tsou.

Law 45
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Weekly Legislative Roundup 3/22

NORML

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.