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With the company’s previously announced acquisition of OhiGrow, LLC, one of 34 licensed cultivators in Ohio, and Ohio Green Grow LLC (collectively, “OhiGrow”), Jushi expects to start its first cannabis plants this month at the OhiGrow facility in Toledo, Ohio. ” View original article.
Eleven states have allowed for legal adult and medicinal use of cannabis in a regulated program. Twenty-three states have a comprehensive medical marijuana program. With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture.
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.
The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse. References.
The Democrat’s proposed spending plan, released Thursday, projects the state will bank $355 million in marijuana excise taxes by the end of June. Tax collections are expected to gradually increase over time, but predicting what that amount will be remains something of a guess.
Here’s what the Wirecutter article had to say about AirVape X: “ Satisfying to use, intuitive to newcomers, and easier to live with than competitors, the AirVape X provides richer, smoother vapor than anything else in its price range. So they collected heaps of feedback over the years. Exclusive AirVape users club. So, WHY AirVape?
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. Results that have been returned with a value of over 0.3%
Specifically, LD 1402 would allow state-chartered credit unions to obtain private deposit insurance, which would in turn make it possible for state credit unions to provide financial services to dispensaries and caregivers that have been registered under Maine’s medical marijuana program. Progress is being made at the federal level as well.
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.
Thereafter, Dr. Imani Brown joined DCR as City’s First Social Equity Program Manager working to develop the program further and lend support to its platform. . The End of the Collective Era. December 2019 – Federal banking regulators take steps to allow for financial services for hemp related businesses. .
Cuomo’s administration projects that legalization could generate 30,000 to 60,000 jobs across New York and that tax collection from the program could reach $350 million annually, the release states. View original article. ” Lawmakers could vote on the legislation as early as Tuesday.
A spokesperson from Curaleaf said the vote at the company’s Hanover dispensary was a “secret ballot election” but recognized that the final count was in fact in favor of union representation by the Local 328 for purposes of collective bargaining. WCC (Women’s Cannabis Collective) . View original article.
The MORE Act not only removes marijuana from Schedule I under the Controlled Substances Act (CSA), but it ushers in a regulatory framework for taxing the sale of cannabis products and using the tax receipts to fund a number of equity and economic programs for those adversely impacted by the War on Drugs. Chuck Schumer (D-NY), and Rep.
Domestic Hemp Production Program at the U.S. North Carolina is one of the few states and Indian tribes to transition into a USDA-controlled hemp production program , with that transition taking effect on January 1, 2022. The content of this article is intended to provide a general guide to the subject matter. Source: [link].
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.
THC (legal term “marijuana”) is classified as a Schedule 1 drug and is illegal under federal law for any purpose (with the exception of FDA-approved research programs) by way of the Controlled Substances Act 1970. to be paid into his Spanish bank account and allowed the fraudsters to withdraw money from that account. In the U.S.,
From the South, McKay has a long history of business and civic involvement, serving on community and company boards including US Bank, The Daily Beast, Pike Place Market, Mary’s Place, Pilchuck School of Glass, and Seattle Opera. He has developed partnerships for companies like Costco, Fisher Media, and the biotechnology space.
There’s no doubt that the amount of information that is available about cannabis is at an all-time high – in 2020 alone, over 3,500 scientific articles were published on the topic. In places where cannabis is still illegal, banking is not guaranteed for anyone that wants to touch the plant. What is the entourage effect?
In this article, we will explain how to get an ID in Illinois. Opioid Alternative Pilot Program. You can give anything from the list – state ID, bank statements, driver’s license, voter ID, or utility bills. And there is more and more registration request received on a daily basis. Interstitial cystitis.
” In spite of marijuana’s federal illegality, our Florida state medical marijuana program seeds are quite possibly on the verge of fully blossoming. As promised, the state updates to Florida’s medical marijuana program are not identical after a waiting period of any length. Almut Winterstein, Ph.D.,
as well as writing detailed pieces about tax and accountancy issues relating to law in the cannabis sector Jordan has a incisive knowledge about how the cannabis sector operates and writes wickedly funny articles on his blog. Read his full biography below the article. We welcome Jordan to Cannabis Law Report. Commissioner , T.C.
Cuomo’s administration projects that legalization could generate 30,000 to 60,000 jobs across New York and that tax collection from the program could reach $350 million annually, the release states. View original article. ” Lawmakers could vote on the legislation as early as Tuesday.
Within two weeks of Wellcana hitting the retail market last year, nearly 5,000 patients entered the program, with 1,500 receiving the drug at prices between $80 and $200 to treat only about a dozen medical conditions. Read the entire article here.
The informed patients, cannabis industry employees, and clinicians find it equally difficult to keep updated on Florida’s latest medical marijuana program news and changes. . But the facts in Eric Gandelione’s revelatory article for Cannabis Business Executive speak for themselves: . In our current U.S. landscape. .
A spokesperson from Curaleaf said the vote at the company’s Hanover dispensary was a “secret ballot election” but recognized that the final count was in fact in favor of union representation by the Local 328 for purposes of collective bargaining. WCC (Women’s Cannabis Collective) . View original article.
A spokesperson from Curaleaf said the vote at the company’s Hanover dispensary was a “secret ballot election” but recognized that the final count was in fact in favor of union representation by the Local 328 for purposes of collective bargaining. WCC (Women’s Cannabis Collective) . View original article.
A spokesperson from Curaleaf said the vote at the company’s Hanover dispensary was a “secret ballot election” but recognized that the final count was in fact in favor of union representation by the Local 328 for purposes of collective bargaining. WCC (Women’s Cannabis Collective) . View original article.
The other thing the team has been doing is working to identify facilities nationwide, where we find a collection of licenses at a location that are owned by one company. This is a great idea, talk to our bank. But ultimately, we became affiliated with the safe harbor banking network. This is a horrible idea. Haley Hayes: Yeah.
Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. View original article. is not a good look for sure” for the sports figures. Cannabis product tagging and tracking, seed-to-sale requirements.
Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. View original article. is not a good look for sure” for the sports figures. Cannabis product tagging and tracking, seed-to-sale requirements.
Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. View original article. is not a good look for sure” for the sports figures. Cannabis product tagging and tracking, seed-to-sale requirements.
Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. View original article. is not a good look for sure” for the sports figures. Cannabis product tagging and tracking, seed-to-sale requirements.
Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. View original article. is not a good look for sure” for the sports figures. Cannabis product tagging and tracking, seed-to-sale requirements.
In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. So what was that like for you?
If you read any of the news articles previewing the 2025 session, you wont see cannabis as a legislative priority. Repeals the prohibition on a marijuana retailer locating within 1,000 feet of a building where a public prekindergarten or kindergarten program is provided. SB 583 Establishes a state public bank task force.
While some states had authorized industrial hemp pilot programs for research through the 2014 Farm Bill, hemp growers were subject to strict regulations and were not offered federal support such as crop insurance. Tax Collections in the Marijuana Industry. xxix Tax collections through September were 11.3 percent THC.
One of the benefits of hemp and CBD businesses is the increased access to traditional business services, like banking, insurance, payroll, etc. The remainder of the session was Federal Crop Insurance 101 for Hemp, explaining how the program would work. It is important to protect those investments by obtaining the proper crop insurance.
Legal weed businesses would be able to open bank accounts, access loans, or list on the US stock market. Several grant programs would also be established to help provide job training, reentry services, and other benefits for individuals most harmed by the War on Drugs. View original article.
There are no payment systems, there’s no banking and cannabis. But what happens to the medical programs and access and probably in ways that I don’t even know what to ask? And so, the medical program becomes legalized, and patients then have to apply for a medical card from the state. So, for example, payment systems.
On legalization, I really think we need to get the medical marijuana program up and running in a much more healthy way before we’re ready for any kind of legalization,” House Judiciary and Hawaiian Affairs Committee Chairman Mark Nakashima said regarding the upcoming bills. View original article.
The nation collectively hopes that marijuana is indeed concurrently or subsequently re/de-scheduled out of the research-prohibitive Schedule 1 category into the Schedule 2 or Schedule 3 category. .” has a medical marijuana use program of some kind operating in their home state. . . 2008), and since 2003, the U.S.
As legend foretells, these Haze Brothers selections got into the hands of two fabled breeders, Dave Watson (better known as Sam the Skunkman) and Nevil Schoenmakers , who established Holland’s The Seed Bank thanks to a loophole in Dutch drug law. 1984: Nevil reportedly starts The Seed Bank with a High Times ad. Bay Area C.R.A.F.T.
Last year, the investment bank Cowen estimated that the U.S. Along with Representative Jared Polis, now the governor of Colorado, Mr. McConnell included a hemp pilot program in the 2014 farm bill — for “research.” So entrepreneurs interpreted this research-oriented pilot program as the de facto legalization of cannabidiol.
The Sales Tax laws arms CDTFA with the power to impose personal liability on corporate officers and other “responsible persons” for failures to collect and pay-over Sales Tax [7]. These statements can help you in dealing with your bank or creditors and help you manage your business. Bank deposit slips. Cash register tapes.
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