Cannabis Law Report

MARCH 19, 2021

com reports the following… After publishing an article that covered the potential for Mexico to legalize recreational cannabis, we noticed… Read More. Technical420.com

Banking 69

Banking Legalization Recreational Cannabis 69

The Blunt Truth

JUNE 16, 2023

This week, we see how the SAFE Banking Act is faring in the Senate. We give a shout-out to two members of our cannabis group with an article on medical cannabis and workers’ compensation. We give a shout-out to two members of our cannabis group with an article on medical cannabis and workers’ compensation. Only time will tell.

Banking 98

Banking Marijuana Legalization Business 98

Cannabis Law Report

SEPTEMBER 8, 2021

Seed banks are places where cannabis seeds are stored and where you farmers may buy different strains from. Therefore when planning to purchase cannabis seeds,you need to get them from reputable seed banks in the USA to guarantee you quality and success in your yield. Preservation of seeds. They improve the products. Different strains.

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Banking Strains Conditions THC 104

Cannabis Law Report

DECEMBER 3, 2019

The number of banks in the United States willing to lend to hemp producers can be counted on one hand. Federal and state bank regulators announced Tuesday that they were scrapping a burdensome requirement that banks said kept them away from the hemp business. Read full article [link]. That is about to change.

Banking 53

Banking Hemp Business Legalization 53

SpeedWeed

MARCH 24, 2021

Two businessmen indicted in 2020 for defrauding merchant banks on behalf of California cannabis delivery company Eaze have been convicted by a Manhattan jury. View original article. The post Pair convicted in bank fraud case related to cannabis transactions appeared first on SpeedWeed.

Banking 52

Banking Cannabis Marijuana 52

SpeedWeed

APRIL 26, 2021

Banking in Cannabis 2021: What to Expect This Year – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. The post Banking in Cannabis 2021: What to Expect This Year – Cannabis Business Executive appeared first on SpeedWeed.

Banking 52

Banking Business Cannabis Marijuana 52

SpeedWeed

AUGUST 13, 2021

Cannabis CEOs signal confidence on marijuana banking law passing – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. The post Cannabis CEOs signal confidence on marijuana banking law passing – Cannabis Business Executive appeared first on SpeedWeed.

Banking 52

Banking Business Law Marijuana 52

Veriheal

APRIL 17, 2025

Interestingly enough, the New York Times released an article in September of 2024, whereby a 1973 audio recording was unearthed of Nixon declaring he knew cannabis is not particularly dangerous, despite affecting millions of lives and families due to his policies ever since.

Legalization 76

Legalization Access Policy Banking 76

SpeedWeed

SEPTEMBER 10, 2021

Banking Solutions Available Despite Difficulty Tax Code Causes for Cannabis Industry – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. skip to Main Content.

Banking 52

Banking Business Cannabis Marijuana 52

SpeedWeed

JULY 23, 2021

Cory Booker clarifies stance on key banking bill – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. Cory Booker clarifies stance on key banking bill – Cannabis Business Executive appeared first on SpeedWeed. Marijuana reform: Sen.

Banking 52

Banking Business Marijuana Cannabis 52

Cannabis Law Report

DECEMBER 7, 2021

Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. On September 21, 2021, the House voted to include the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) 1 in the annual National Defense Authorization Act for Fiscal Year 2022 (NDAA).

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

JULY 23, 2021

Most of us buy stuff digitally today, whether we are paying by card, banking app, or mobile payments app. . Most banks will not do business with cannabis merchants, either. Fortunately, you can now sign up for KindPay by KIND Financial and Herring Bank. KindPay works through its partnership with Herring Bank.

Banking 52

Banking Compliance Compliance Retail 52

SpeedWeed

AUGUST 26, 2021

Seed Bank: Humboldt Seed Company’s Nat Pennington on the Inevitable Autoflower Revolution – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. skip to Main Content.

Banking 52

Banking Business Cannabis Marijuana 52

SpeedWeed

JULY 19, 2021

The CanCoin – And Its Backers’ Ambitions To Become Europe’s ‘Cannabis Central Bank’ – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. skip to Main Content.

Banking 52

Banking Business Cannabis Marijuana 52

SpeedWeed

MAY 27, 2021

pot sellers stash cash as banks leave them high and dry – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. pot sellers stash cash as banks leave them high and dry – Cannabis Business Executive appeared first on SpeedWeed. U.S. The post U.S.

Banking 52

Banking Business Cannabis Marijuana 52

SpeedWeed

FEBRUARY 24, 2021

While South Dakota is still stalled when it comes to making legal cannabis a reality within state borders, the state is already working on legislation that allows banks to decide whether or not to do business with the legal cannabis and hemp industry. . View original article. However, it could also have the opposite effect.

Banking 52

Banking Business Legislation History 52

SpeedWeed

MARCH 18, 2021

Cannabis and Banking. banks and credit unions are reluctant to work with cannabis businesses because of concerns surrounding the federal illegality of cannabis. often scares away financial institutions, forcing the cannabis industry to either be sneaky about how they do their banking or deal mostly in dangerous amounts of cash. .

Banking 52

Banking Compliance Compliance Access 52

Cannabis Law Report

MAY 1, 2022

Unfortunately this is behind the Lexology paywall, but we thought we’d mention anyway as it is one of the few articles on the Topic to be authored from a UK perspective. This article considers avenues to protect psychedelic companies’ intellectual property and their investment in research and development. SIAN BANKS.

Medicine 52

Medicine Research and Development Banking Topical 52

SpeedWeed

APRIL 20, 2021

Congress Passes Marijuana Banking Reform, But Cannabis Is Still Cash Only—For Now – Cannabis Business Executive – Cannabis and Marijuana industry news. View original article. skip to Main Content.

Banking 52

Banking Business Marijuana Cannabis 52

SpeedWeed

MARCH 20, 2021

The US House just reintroduced the Secure and Fair Enforcement ( SAFE ) Banking Act, an act that if passed, would help the cannabis industry have access to financial services. Because cannabis is still federally illegal, cannabis businesses have difficulty accessing banking , credit card processing, and business deductions for taxes.

Banking 52

Banking Legalization Safety Access 52

The Blunt Truth

MARCH 28, 2019

The breaking news on the federal level is that the SAFE Banking Act has been approved by the House Financial Services Committee (45-15) and will now move to the full House for consideration. And in West Virginia , the governor has signed a medical marijuana banking bill. See you next week!

Banking 87

Banking Recreational Legislation Retail 87

Cannabis Law Report

FEBRUARY 25, 2020

Read full article at. The stakes are high as it is uncertainty around federal law that has kept billions of dollars of institutional capital out of the cannabis industry and caused U.S. exchanges to not list U.S. companies (though they’re happy to list Canadian cannabis companies, to the U.S. industry’s detriment).

Banking 82

Banking Law Marijuana Cannabis 82

SpeedWeed

FEBRUARY 23, 2021

State representatives gave nearly unanimous support Monday to allowing South Dakota-chartered banks to conduct transactions with businesses that have state licenses for marijuana and industrial hemp. Banks would need to conduct higher scrutiny of marijuana businesses under a federal policy. View original article.

Banking 52

Banking Business Hemp Marijuana 52

Cannabis Law Report

JULY 7, 2021

The Toronto-Dominion Bank. Drilling down into the cannabis trademark landscape in 2018 uncovered a heavy focus on goods in Classes 34 (smokers’ articles) and 5 (medicines/pharmaceuticals), as well as Nice classes relating to food and drink products. Smokers’ articles. Smokers’ articles. Brandster Branding Ltd.

Oil 71

Oil Agriculture Cannabis Food 71

The Blunt Truth

APRIL 18, 2019

Turning our attention to the federal government, Treasury Secretary Mnuchin recently showed support for a fix to the issue of cannabis (lack of) banking. As if to prove the need for banking reform, a Florida bank has cut ties with a medical marijuana business association. One more cabinet member, and it’s a thing!

Banking 83

Banking Cultivation Business Legalization 83

Cannabis Law Report

AUGUST 8, 2019

Bob Menendez, D-NJ, promises to do for insurance what the SAFE Act would do for banking. ” The article reveals. . “The CLAIM Act introduced on July 22 by US Sen. The bill was introduced a week later in the House by U.S. Nydia Velázquez, D-N.Y., Steve Stivers, R-Ohio.”

Law 59

Law Banking Policy Marijuana 59

SpeedWeed

APRIL 20, 2021

Dama Financial, the Leading Provider of Access to Banking and Financial Solutions for Cannabis Businesses, Announces the Completion of $12.6 View original article. The post Dama Financial, the Leading Provider of Access to Banking and Financial Solutions for Cannabis Businesses, Announces the Completion of $12.6

Banking 52

Banking Access Business Cannabis 52

The Blunt Truth

JUNE 4, 2020

The other ensures the state will not prohibit or discourage banks and credit unions from providing financial services to legitimate cannabis businesses. The office only recently learned of them, when they were made public in a news article this past weekend. The Louisiana legislature passed two cannabis reform bills this week.

Pets 97

Pets Banking CBD Oil 97

Illinois News Joint

JANUARY 20, 2024

Owners Boyd and Heather LaFoon are currently offering 15% off to businesses that mention this article and Illinois News Joint during the initial consultation. Cannabis owners have a hard enough time finding banks and payroll companies and insurance,” said Boyd. “We For more Illinois cannabis industry news, visit here.

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Banking Cannabis Business Events 105

Cannabis Law Report

OCTOBER 19, 2021

Local 338 is banking on that experience to entice cannabis workers throughout the emerging market. Read the full article at. Our ultimate goal is here: We want this industry to succeed because we want workers to succeed,” she said. Tickets are available here ).

Business 52

Business Marijuana Banking Collective 52

SpeedWeed

APRIL 2, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Banking 52

Banking Compliance Compliance Business 52

Leafly

MAY 19, 2022

The legends at Archive Seed Bank are at it again with new additions to the Moonbow line. The post Next-generation Dosidos and Moonbow strains are Archive Seed Bank’s next legends appeared first on Leafly. Dosidos fans, watch out!

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Strains Banking Cannabis 92

Leafly

SEPTEMBER 17, 2019

They offer cannabis-specific guidance in banking, wholesale supply-chain management, and marketing so new CBD retailers can focus on establishing their CBD business. Franny's Farmacy encourages entrepreneurs to join the cannabis industry with their own white-label CBD franchise.

Supply Chain 107

Supply Chain Business Banking Retail 107

Marijuana Packaging

SEPTEMBER 23, 2024

article about banks working with the cannabis industry. There’s been so much back and forth over the years with really very little happening in favor of marijuana businesses finding steady, reliable banking options. Zarrad estimates that 30 – 50 banks were intentionally dealing with the cannabis industry at that point.

Banking 40

Banking Business Cannabis Marijuana 40

Cannabis Law Report

JANUARY 30, 2020

Perhaps the biggest challenge to getting cannabis businesses more access to insurance is that marijuana continues to be treated by the federal government as a Schedule 1 drug, making it difficult for these businesses to access essential services, such as banking, Lara said.

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Banking Access Cannabis Business 58

Cannabis Law Report

AUGUST 10, 2021

Such a development would, of course, be huge– with IRC 280E no longer an issue; cannabis companies would have the unfettered ability to secure banking outside of the 2014 FinCEN Guidelines , which means no more all-cash transactions; they would have the ability to raise institutional capital without the threat of criminal liability; etc etc.

Banking 105

Banking Compliance Compliance Retail 105

Illinois News Joint

JANUARY 22, 2023

The limited access to banking services for cannabis businesses also creates another layer of challenges for cultivators and dispensaries to operate, this can make it difficult for them to access the capital they need to expand their operations and lower prices for consumers.

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Cultivation Banking Access Dispensary 98