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Article: 5 cannabis banking options — plus 4 alternatives

Cannabis Law Report

And while cannabis-friendly banks do exist, they generally have internal policies limiting how many high-risk customers they’re willing to take on. Inquire about the bank’s compliance standards, requirements and reporting procedures. And be ready to do your due diligence by producing all the necessary documents.

Banking 84
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Article: General Counsel’s Corner: Cannabis and the Campus

Cannabis Law Report

Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance. There also exist certain requirements to demonstrate compliance with the Regulations.

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Article: Wendel Rosen: Key Due Diligence Issues for Cannabis Investors

Cannabis Law Report

Due diligence questions may include: Have corporate actions been properly documented and approved? Is the company in compliance with its own articles of incorporation and bylaws? While some disorganization can be accommodated, a company ready for investment or acquisition should have some level of basic corporate housekeeping.

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Article: Track and Trace for Medical and Adult Use Marijuana Programs

Cannabis Law Report

On Monday, September 16 th Drummond Woodsum attended the state’s track and trace kickoff event hosted by the Office of Marijuana Policy (“OMP”) in Augusta. A formal notice and comment period on a subsequent draft will follow. MEhelp@biotrackthc.com. 844-420-8324. King, Attorney. hking@dwmlaw.com. 800.727.1941.

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Article: Illinois Cannabis Regulation and Tax Act – What You Need to Know

Cannabis Law Report

In light of these protections, Illinois employers should take affirmative steps to ensure compliance and to avoid missteps. This new law makes it legal to purchase and consume cannabis in the state of Illinois and includes protections for employees who choose to use cannabis while away from the job. WHAT IS CHANGING?

Policy 45
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Improving Social Equity, Inclusion in Cannabis: Q&A With Tahir Johnson

SpeedWeed

A state investigation can involve document requests, employee interviews, product testing, and, in the event of a negative finding, lead to a possible suspension of product shipments or license revocation. Guidance in that initial stage should therefore be well documented and provided to regulators in the event of a subsequent investigation.

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South Dakota Lawmakers Consider Changes to State’s Medical Cannabis Law

SpeedWeed

A state investigation can involve document requests, employee interviews, product testing, and, in the event of a negative finding, lead to a possible suspension of product shipments or license revocation. Guidance in that initial stage should therefore be well documented and provided to regulators in the event of a subsequent investigation.

Law 52