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. 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.

Legislation 148

Legislation Hemp Patients Compliance 148

NORML

FEBRUARY 15, 2019

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. Meanwhile, The Senate Committee on Agriculture and Environment killed SB 1335. This was a big week for marijuana in Congress.

Legislation 177

Legislation Hemp Compliance Compliance 177

Canna Law Blog

NOVEMBER 12, 2019

The state Department of Food and Agriculture oversees 3,830 farmers.” 64 and the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MACURSA”) through into actual law, and cities and counties have inherent police powers anyway to ensure the protection of the health and well-being of their citizens.

Banking 95

Banking Cannabis Vaping Business 95

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

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. The Hemp Precedent.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

JULY 16, 2021

The Office of Administrative Law (OAL) has approved the Department’s action to move the commercial cannabis regulations of the Bureau of Cannabis Control, the California Department of Food and Agriculture, and the Department of Public Health into one central location in the California Code of Regulations (CCR). Finding of Emergency.

Banking 81

Banking Packaging Agriculture Cannabis 81

Cannabis Law Report

JANUARY 3, 2022

CBD Product Safety and Standardization Act of 2021. The most recent legislation to debut on behalf of hemp, the CBD Product Safety and Standardization Act of 2021, was introduced this month by a bipartisan group of U.S. Hemp Access and Consumer Safety Act. Senate’s Committee on Agriculture, Nutrition and Forestry.

Hemp 52

Hemp Packaging Banking Food 52

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

Illinois News Joint

DECEMBER 17, 2024

In the absence of federal banking standards for the cannabis industry, the Illinois Department of Commerce and Economic Opportunity (DCEO) has grant and loan programs to support small businesses, but its not sufficient to support needed growth. While the number of women and minority owners has increased in recent years, more can be done.

Legalization 98

Legalization Dispensary Programs Hemp 98

Cannabis Law Report

SEPTEMBER 29, 2021

The membership subsequently met with the USDA’s new Hemp Work Group, and White House officials that serve the President on agriculture and drug control policy. 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. By Kyle Jaeger.

Hemp 52

Hemp Banking Legislation Policy 52

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

Cannabis Law Report

APRIL 15, 2022

The panel would also examine the “lack of consistent regulations for cannabis product safety, use and labeling requirements” as well as the “lack of guidance for cannabis crop production, sale, intrastate, interstate, and international trade.“. Department of Agriculture. National Highway Traffic Safety Administration.

Legalization 52

Legalization Marijuana Safety Banking 52

Otherside Farms

FEBRUARY 14, 2019

That is, banks can now get involved, and if the banks get involved, the credit card companies can get involved, and if that happens, the big retailers will want part of that market like Target and Wal-Mart, “Sean explained. “This bill is very important because there will be a domino effect.

CBD 65

CBD Legalization Hemp Chronic Pain 65

CannaMD

APRIL 15, 2020

Allow State-Legal Business Access To Banking Services. To read NORML’s full memo, please visit NORML.org.

Policy 80

Policy Patients Dispensary Banking 80

Cannabis Law Report

APRIL 15, 2022

After an hour of debate, the House also adopted two amendments aimed at assuaging Republican concerns about impaired driving and workplace safety. Ed Perlmutter’s (D-CO) Secure and Fair Enforcement Banking (SAFE) Banking Act , which was most recently passed by the House in 2021. Chuck Schumer (D-NY), and Rep.

Marijuana 52

Marijuana Banking Research and Development Legislation 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

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. Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols.

Supply Chain 105

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

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. This provision of the bill varies from the Personal Care Products Safety Act ( S.

Hemp 45

Hemp Legislation CBD Research and Development 45

Cannabis Law Report

DECEMBER 23, 2019

With the states, the feds, and the locals all making up their own rules for hemp and cannabis operations and prohibitions, the illicit market continued to thrive – creating financial hardships for licensed operators and a safety crisis for consumers. TOP Defining Moments in Los Angeles Cannabis.

Law 59

Law Banking Hemp Retail 59

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

Cannabis Law Report

SEPTEMBER 12, 2022

All Optimi mushroom products are grown from the Company’s world-leading psilocybin genetic bank and are grown in EU-GMP compliant clean rooms that ensure sterile cultivation and undergo almost 300 different analytical tests post-harvest.

History 52

History Clinical Trials Legalization Research and Development 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

SpeedWeed

JULY 17, 2021

The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. Cannabis worker safety and apprenticeships must be a top priority and any federal legislation needs to dedicate funding to further research for these priorities. Co-founder of Cresco Labs.

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. Cannabis worker safety and apprenticeships must be a top priority and any federal legislation needs to dedicate funding to further research for these priorities. Co-founder of Cresco Labs.

Banking 52

Banking Legislation Cannabis Policy 52

SpeedWeed

JULY 16, 2021

The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. Cannabis worker safety and apprenticeships must be a top priority and any federal legislation needs to dedicate funding to further research for these priorities. Co-founder of Cresco Labs.

Dispensary 52

Dispensary Banking Legislation Cannabis 52

SpeedWeed

FEBRUARY 24, 2021

So there’s this agricultural aspect.” And I was like, “Fine, we have a lot of agricultural clients, all industries, all verticals, tons of agriculture. This is a great idea, talk to our bank. But ultimately, we became affiliated with the safe harbor banking network. You’re like agriculture check, we do that.

Banking 52

Banking Research and Development Data Media 52

Cannabis Law Report

MARCH 21, 2019

The USDA’s Agricultural Marketing Service Administrator Bruce Summers said last week that the agency will aim to complete the hemp production regulations by fall 2019, in time for states to submit plans for the 2020 spring hemp planting season. House Committee to Vote on Cannabis Banking Bill Next Week. PROVIDENCE, R.I

Digestion 49

Digestion Dispensary Recreational Legislation 49

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

Cannabis Law Report

JUNE 28, 2022

California has had marijuana delivery for quite a few years at this point, and these licenses carry with them very strict protocols and standards to ensure strict compliance and public safety. Of course, interstate commerce surrounding actual closed-loop state-legal marijuana products is strictly prohibited.

Legalization 52

Legalization Supply Chain Hemp Cannabis 52

Cannabis Law Report

JANUARY 11, 2019

It is now deemed an agricultural commodity, no longer able to be classified as a controlled substance, like marijuana. Food and supplements that contain hemp-derived CBD are subject to a comprehensive regulatory framework that addresses both the safety and quality of these products.

Hemp 49

Hemp CBD Law Seed-To-Sale 49

Medical Marijuana Program Connection

JULY 24, 2023

var mantis = mantis || []; mantis.push(['display', 'load', { property: '5bbb53a2bcafb20075d8dc64' }]); Cajibio (CNN) — On a recent Friday morning, about 200 coca and marijuana farmers gathered in the small…

Marijuana 52

Marijuana Legalization Agriculture Safety 52

Cannabis Law Report

AUGUST 12, 2019

Senate Schedules Hearing On Marijuana Business Banking Access : “In one of the clearest signs of marijuana reform’s growing momentum on Capitol Hill, a Republican-controlled Senate committee has scheduled a hearing for next week that will examine cannabis businesses’ lack of access to banking services.”

Marijuana 40

Marijuana Dispensary Programs Patients 40

SpeedWeed

MARCH 7, 2021

Because back then, at the start, banking was a big issue and it was a whole cash only thing, and our finance people were like, how are we going to handle this?And Is it cost savings, increased sales, less waste, safety, all the above? ‍ Mark Diener : Yeah, that’s a good point, Ed. At first, there was a lot of skepticism.

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Extraction Data Hemp Research and Development 52

Meadow

DECEMBER 24, 2017

And those licenses, you’re only able to apply for them if your address is at a state fairground or an agricultural district, which to be honest I still can’t really tell you what an agricultural district is, I’ve been told it’s like a small fairground. But then you have things like fire safety. Aaron Flynn [00:33:27?—?oftentimes

Packaging 40

Packaging Retail Edibles Wellness and Beauty 40

Canna Law Blog

FEBRUARY 17, 2023

The state’s regulatory framework is complex, with numerous agencies involved in the oversight of the industry, including the Oregon Liquor Control Commission (OLCC), the Oregon Health Authority (OHA), and the Oregon Department of Agriculture (ODA).

Banking 98

Banking Business Legalization Cannabis 98

Canna Law Blog

MARCH 13, 2024

The Risks and Rewards of Starting a Cannabis Business Some of the top risks involved with cannabis businesses include: Product liabilities: Although the industry is heavily regulated, cannabis is still an agricultural product. Department of Agriculture website has additional resources for getting started.

Business 107

Business Supply Chain Edibles Dispensary 107