NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. AR resident?

Legislation 196

Legislation Patients Access Seed-To-Sale 196

NORML

APRIL 26, 2019

Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Update : SB 225 was heard by the Senate Committee on Agriculture, Conservation and Forestry on 4/24/19. Click here to email your lawmakers in support of banking access.

Legislation 183

Legislation Compliance Compliance Hemp 183

NORML

MAY 10, 2019

Click here to email your lawmakers in support of banking access. Legislation is pending, Senate Bill 19-220, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. The bill would allow the Department of Agriculture and Forestry to issue up to 15 cannabis production licenses.

Legislation 184

Legislation Hemp Compliance Compliance 184

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Senate Bill 1353 seeks to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your lawmakers in support of banking access.

Legislation 172

Legislation Hemp Patients Compliance 172

NORML

MAY 24, 2019

Click here to email your lawmakers in support of banking access. Legislation is pending, Senate Bill 347, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Update : SB 51 was approved by the Senate on 5/21/19, and now heads to the Assembly. CA resident? NH resident?

Legislation 195

Legislation Hemp Access Patients 195

Cannabis Law Report

JUNE 22, 2019

Will hemp taint your banking relationship? . Farmers across the country have started growing hemp under the 2014 farm bill while the regulations for the 2018 farm bill are sorted out by the USDA and state departments of agriculture. AUTHOR: Shane Eloe. PUBLISHER: CANNABIS LAW REPORT. THC when it is harvested and tested? .

Banking 45

Banking Hemp Business Agriculture 45

NORML

MAY 31, 2019

Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your lawmakers in support of banking access. Click here to email your governor in support of medical cannabis access. AL resident? IL resident? North Carolina.

Legislation 127

Legislation Banking Access Hemp 127

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 25, 2019

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

Banking 40

Banking Hemp Safety Business 40

NORML

JUNE 28, 2019

Click here to email your lawmakers in support of banking access. Legislation is pending, Senate Bill 315, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. 315 was scheduled for a hearing in the House Agriculture Committee on 6/26/19. CA resident? North Carolina.

Legislation 119

Legislation Access Decriminalization Patients 119

Cannabis Law Report

JULY 2, 2019

The world of marijuana banking has been rife with compliance risks for years. The risks and significant compliance burden of serving a business that is still federally illegal has led to a smaller number of institutions choosing to serve these customers. Bank Secrecy Act Compliance. July 1 2019. Article by Ann L.

Banking 40

Banking Hemp Marijuana Compliance 40

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. JD Supra Release. The Joint Statement.

Hemp 59

Hemp Business Banking Agriculture 59

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

Canna Law Blog

NOVEMBER 12, 2019

The state Department of Food and Agriculture oversees 3,830 farmers.” Lack of access to banking. If you’re motivated and capitalized enough to secure local approval and a state license, and you can bear the significant tax burdens, you still likely will have difficulty securing a bank account in California.

Banking 102

Banking Cannabis Vaping Business 102

Cannabis Law Report

MARCH 6, 2019

.” Cobb has been recognized for his efforts to gain support for the Secure and Fair Enforcement Banking Act, which will allow pot businesses to bank freely, like any other legitimate business. Full Report [link]. Here’s his bio on his law firm page. WHO WE ARE. Brady Cobb.

Banking 78

Banking Policy Legislation Compliance 78

Cannabis Law Report

JUNE 14, 2019

Agriculture Commissioner Nikki Fried announced Monday a new Medical Marijuana Advisory Committee, which she says will collaborate with the Florida Department of Agriculture and Consumer Services to help improve the state’s medical marijuana policies. Here are the details care of Sunshine State News.

Agriculture 40

Agriculture Marijuana Research and Development Policy 40

Cannabis Law Report

MARCH 13, 2019

The Cannabis and Hemp Advisory practice will provide counsel and support to existing businesses, start-ups, and ancillary service providers within the cannabis industry, especially in the areas of: tax planning; compliance with section 280E of the U.S. Will Banks get a Hit of the Cannabis Industry? CONTINUE READING. CONTINUE READING.

Hemp 71

Hemp Business Banking Concentrates 71

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E.

Banking 89

Banking Law Legalization Hemp 89

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.

Hemp 94

Hemp Business Cultivation Banking 94

Cannabis Law Report

JUNE 24, 2021

In the areas where most of the agricultural land is located, the two countries share similar climates. Regulated cannabis for human or animal consumption has to be cultivated according to modern agricultural practices. Arable land in Morocco was estimated by the World Bank as 7,477,600 hectare in 2018.

Agriculture 65

Agriculture Cultivation Banking Environment 65

Cannabis Law Report

JUNE 22, 2022

For example, the Florida Department of Agriculture published guidance titled “Delta 8” which summarily concludes “any hemp or hemp extract products offered for sale or sold in Florida must comply with all labeling rules and have a certificate of analysis that shows a total THC (THCA x.8777 And they have. or less.” [4] 7] AK Futures LLC v.

Banking 52

Banking Hemp THC Cannabinoids 52

MMJ Recs

MARCH 16, 2024

The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions. Effective supply chain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.

Supply Chain 105

Supply Chain Research and Development Marijuana Seed-To-Sale 105

Cannabis Law Report

AUGUST 6, 2019

In a July 24, 2019 dated guidance, Pennsylvania’s Department of Agriculture (“DOA”) announced it will be randomly collecting and testing hemp variety samples from 25% of licensed hemp growers for tetrahydrocannabinol (“THC”) content. AUTHOR: Steve Schain , Hoban Law Group. PUBLISHER: CANNABIS LAW REPORT.

THC 61

THC Hemp Seed-To-Sale Collective 61

Cannabis Law Report

JANUARY 7, 2022

While COVID fast-tracked certain aspects of the PA cannabis industry, major hurdles, like access to proper banking services, still plague operators in the space. Banks justify these fees as a cost of compliance and due diligence, such as filing suspicious activity reports and processing cash-heavy deposits and withdrawals.

Programs 52

Programs Marijuana Dispensary Banking 52

Veriheal

DECEMBER 1, 2020

Favorable cannabis reform laws would also lead to things like businesses accepting charitable contributions, the banking industry seeing a massive surge in their customer base, and more. Gains for the Agricultural Sector. The same can be said about many states as a lot of them out there have strains unique to them.

Agriculture 52

Agriculture Cultivation Cannabis Strains 52

Cannabis Law Report

JUNE 26, 2019

In May 2019, Florida Commissioner of Agriculture Nikki Fried announced that a newly-created and appointed Medical Marijuana Advisory Committee of 18 doctors, lawyers, patients, industry leaders, and advocates will be implemented in order to “advance and modernize policies” to move Florida into the future of medical marijuana.

Marijuana 65

Marijuana Agriculture Research and Development Education 65

Cannabis Law Report

NOVEMBER 6, 2021

In the United States, the level of THC defines the difference between agricultural grade hemp and marijuana, Velazquez said. Also, understanding the regulatory and compliance framework in your cannabis clients’ states will go a long way toward mitigating your own risk, she said. “In 2018, the U.S. of THC,” she said.

Banking 52

Banking THC Hemp Cannabis 52

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. December 2019 – Federal banking regulators take steps to allow for financial services for hemp related businesses. . Posted by Alexa Steinberg, Esq. | Dec 20, 2019

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

AUGUST 9, 2021

Mr. Spiro will assume the Chairmanship of the Compliance Committee and Mr. Taylor will assume Chairmanship of the Compensation Committee. SOL Global is pleased to announce that Alex Spiro and Kevin Taylor have joined the Company’s Board of Directors (the “ Board ”). Alex Spiro is a well-known litigator and successful investor.

Events 105

Events Business Retail Conditions 105

Cannabis Law Report

APRIL 24, 2019

The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. Will the mandate for the DEA be changed to oversee another special agricultural legal crop or a medicine ?

Legalization 58

Legalization Collective DEA Banking 58

SpeedWeed

FEBRUARY 24, 2021

Rob being part of the company and being, number one employee, Ed and I both know what that’s like, within our both previous lives from, Cannabiz Media, but you have a very interesting vantage point of seeing the evolution of this company – not only getting into HR compliance, but also getting into the cannabis industry.

Banking 52

Banking Research and Development Data Media 52

Cannabis Law Report

JULY 4, 2019

Cummins : Because cannabis is still illegal at the federal level in the United States, many cannabis companies cannot open bank accounts and are looking to Canadian Banks to open bank accounts and to the Canadian public markets to raise capital to expand operations, introduce product lines and make acquisitions.

Law 40

Law Banking Seed-To-Sale Cannabis 40

Cannabis Law Report

MAY 17, 2019

billion in 2018 domestic sales and, after the Agriculture Improvement Act of 2018 (“Farm Bill”) removed them from the Controlled Substance Act, 21 U.S.C. §§ 801, Et. Agricultural Act of 2014, 7 U.S. A wildly popular nutritional supplement and food additive, oil based hemp derived products like CBD racked up $1.1 Code §5940.

Food 10

Food DEA Hemp CBD 10

Cannabis Law Report

MARCH 10, 2022

Department of Agriculture (“USDA”), served as the keynote speaker at the opening of the conference. But the core principles of the event itself were still the same, and the quality of the event, the venue, the information shared and gained, and the individuals in attendance were excellent. USDA’s Commitment to Hemp.

Hemp 52

Hemp Research and Development Supply Chain Data 52

The Blunt Truth

OCTOBER 29, 2019

While the law set the record straight between hemp and marijuana, it also tasked the US Department of Agriculture (USDA) with promulgating regulations and guidelines to establish and administer a program for the production of hemp in the US. The SAFE Banking Act May Help CBD Industry.

Hemp 45

Hemp Legislation CBD Research and Development 45

Cannabis Law Report

SEPTEMBER 5, 2019

Where necessary, bank accounts should be opened, detailed procedures for internal accounting controls over cash developed and documented, and coordinated with both business operations and security. . The items above should permit the business to form a legal structure, and get to the point where they can set up accounting software [12].

Business 11

Business Cannabis Extraction Dispensary 11

SpeedWeed

JULY 17, 2021

The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. Congress must also ensure this cannabis legislation respects current state laws while also preventing the industry from moving high-wage union jobs from one state to low-wage agricultural jobs in another state.

Legalization 52

Legalization Banking Legislation Cannabis 52

SpeedWeed

JULY 17, 2021

The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. Congress must also ensure this cannabis legislation respects current state laws while also preventing the industry from moving high-wage union jobs from one state to low-wage agricultural jobs in another state.

Banking 52

Banking Legislation Cannabis Policy 52