The Blunt Truth

MAY 21, 2020

Senator Mitch McConnell (R-KY) criticized the cannabis banking provisions in the latest stimulus bill, while state Attorneys General wrote a letter supporting them. cannabis banking. The marijuana industry was optimistic about the inclusion of the SAFE Banking Act in the HEROES bill last week.

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The Blunt Truth

JUNE 30, 2022

Congress removed marijuana banking from the COMPETES Act. In other federal news, a House Appropriations committee passed a cannabis-friendly amendment to a DOJ funding bill. Meanwhile, in Nebraska, signature collecting continues for a ballot initiative. safe banking. doj spending bill. switzerland. switzerland.

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Cannabis Chronicles

MAY 22, 2019

“We’ll hand them an iPad, and ask them to fill out a couple quick surveys,” said Michael McDonell, chair of WSU’s Collaboration on Cannabis Policy, Research and Outreach. Some of the outcomes we’re interested in looking at, is what kind of cannabis are they using?

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The Blunt Truth

DECEMBER 2, 2021

This week brought the long-awaited South Dakota Supreme Court decision on their adult-use ballot initiative, and, spoiler alert: it wasn’t what cannabis advocates had hoped. Yet another industry comes out in favor of marijuana banking. Germany may legalize cannabis. cannabis banking. The fly in the ointment?

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NORML

JUNE 14, 2019

House of Representatives’ Small Business Committee will hold a hearing on Wednesday on the challenges and opportunities small businesses face in the cannabis industry. Governor John Bel Edwards (D) of Louisiana signed legislation into law giving patients the option to inhale medical cannabis through vaporization. California.

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The Blunt Truth

MARCH 12, 2020

One allows doctors at VA hospitals to prescribe medical cannabis in states where it is legal. As for banking, banking associations around the country sent a letter to Sen. Sherrod Brown (D-OH), asking that the Senate Banking Committee vote on a cannabis banking bill. Mike Crapo (R-ID) and Sen.

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Cannabis Law Report

AUGUST 20, 2022

CRCC’s paper, published by the Ohio State University (OSU) Moritz College of Law, is titled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act.”. Distinguished Cannabis Policy Practitioner in Residence, Drug Enforcement and Policy Center, Moritz College of Law, The Ohio State University.

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The Blunt Truth

FEBRUARY 20, 2020

In Pennsylvania, a recreational cannabis bil l was introduced this week by Rep. On the other side of the country, Los Angeles County is preparing to dismiss almost 66,000 cannabis convictions with the help of Code for America. Jake Wheatley.

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Cannabis Law Report

MARCH 8, 2022

consumers support all legal cannabis businesses — including hemp and CBD — having access to banking services. 65% support allowing cannabis businesses to access banking services (e.g. checking accounts, business loans) in states where cannabis is legal. Of the 2,210 adults interviewed for the survey — .

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Cannabis Law Report

APRIL 28, 2022

Banking associations representing all 50 states and one U.S. territory sent a letter to Senate leaders on Thursday, imploring them to include marijuana banking reform in a large-scale manufacturing bill that’s heading to bicameral conference. ABA and SBA Letter to the Senate Support SAFE Banking in America COMPETES Act 04282022.

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The Blunt Truth

MAY 6, 2022

On the federal level, cannabis banking may be part of the COMPETES Act. The legislative process is sometimes very complicated, and Virginia’s recent back-and-forth over cannabis is one of those times. The SAFE Banking Act could finally be enacted, as part of the America COMPETES Act. new hampshire. competes act.

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Cannabis Law Report

JUNE 22, 2021

2021 /CNW/ – Halo Collective Inc. (“Halo”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated multinational cannabis company, today announced that its board of directors has unanimously approved the reorganization (the “International Reorganization”) of its non-U.S. TORONTO , June 22,?2021

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Cannabis Law Report

JANUARY 28, 2020

Banks and accountants wouldn’t be committing crimes under California law by providing services to cannabis clients under a bill that passed the state Assembly 60-1 on Monday. The measure, Assembly Bill 1525 , would help cities and counties collect taxes. Bloomberg reports.

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The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. The course of adult-use cannabis in Maine has not run smooth.

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Banking Research and Development Programs Advocacy 106

Cannabis Law Report

AUGUST 10, 2021

The Hawthorne Collective to Invest $150 million in Canadian-based RIV Capital. To that end, The Hawthorne Collective will provide a $150 million convertible loan to Toronto-based RIV Capital (TSX: RIV) (OTC: CNPOF), a cannabis investment and acquisition firm currently listed on the Toronto Stock Exchange. MARYSVILLE, Ohio, Aug.

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Cannabis Law Report

AUGUST 20, 2021

. … The suits have descended on Lesotho to start putting a value on Bophelo Bioscience and Wellness , which aspires to be the world’s biggest cannabis grow. Bophelo is being spun off by Canadian parent Halo Collective into a new, non-US, international entity, Akanda. CNW Group/Halo Collective Inc.).

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The Cannigma

DECEMBER 2, 2021

If you’ve ever consumed cannabis, you probably already know that the plant has many different varieties, commonly referred to as strains. Still, while there are lots of options, few strains are as prized as “landrace strains” – those rare varieties of cannabis plucked from a specific habitat. The story of landrace cannabis.

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The Joint Blog

FEBRUARY 20, 2019

Legislation that would protect banks who provide services to medical marijuana businesses has been passed by the full West Virginia House of Delegates. “The purpose of this section is to provide a solution to the banking problems encountered by the state in connection with the Act.”

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Cannabis Law Report

FEBRUARY 14, 2020

More than 1300 cannabis business owners, executives, and employees co-signed a letter to Sen. Mike Crapo urging him to support the SAFE Banking Act and hold a markup in the Senate Banking Committee. . The House of Representatives passed the SAFE Banking Act by a vote of 321-103 in September, with 91 Republicans voting in favor.

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Cannabis Law Report

DECEMBER 1, 2021

Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. In cannabis, with cash, you have to spend a lot more effort to trace where the cash came from.”

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Cannabis Law Report

DECEMBER 12, 2019

United States: Bank On Hemp: Federal Banking Regulators Loosen The Reins. On December 3, 2019, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (“FDIC”), the Financial Crimes Enforcement Network… United States: Feds Issue Badly Needed Hemp And CBD Banking Guidance.

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Cannabis Law Report

JUNE 14, 2022

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. Read More at .

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Cannabis Law Report

JULY 12, 2019

The California legislature is currently considering a first-of-its kind urgency bill, SB 51, the “Cannabis Limited Charter Banking and Credit Union Law.” The law would empower privately insured charter banks and credit unions to be licensed as “cannabis depository institutions”, or “CDIs”, to bank California cannabis money.

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The Blunt Truth

APRIL 23, 2020

The lack of funding for marijuana businesses in the stimulus packages, the halt to state legalization efforts, the issues surrounding Massachusetts (yes, those continue), even Mexico’s decision to legalize cannabis – all are caused or colored by the coronavirus. marijuana banking. LOS ANGELES LICENSING ISSUES. ACLU REPORT.

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Banking Packaging Programs Legislation 101

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. Actions to Take.

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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. Much of the work falls to the cannabis business, of course. We also started a national [cannabis] program back in 2017.

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Cannabis Law Report

NOVEMBER 15, 2021

Andrew Brisbo, Executive Director of Michigan’s Marijuana Regulatory Agency, welcomed as next President of the Cannabis Regulators Association which has expanded to 37 member states and territories. Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health.

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The Blunt Truth

MARCH 14, 2019

The big news on the federal level was the reintroduction of the SAFE Banking Act , by sponsor Ed Perlmutter, a Democrat from Colorado. Meanwhile, in New Jersey , the governor and Democratic legislators have reached an agreement in principle to legalize recreational cannabis. What about New York?

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Cannabis Law Report

SEPTEMBER 9, 2021

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.

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Illinois News Joint

JANUARY 23, 2023

Maribis is an independent and female-owned cannabis company with dispensaries located in northern and central Illinois. Springfield, IL For more Illinois cannabis industry news, visit here. To learn about cannabis-friendly events in Illinois, visit here. Westchesterr Ave. For Illinois News Joint reviews, visit here.

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Illinois News Joint

MARCH 1, 2023

For the community, Maribis Grand participates in a variety of programs, including children’s school supply drives, food drives for local food banks, holiday toy collections, as well as funds scholarships at two community colleges for students interested in cannabis careers, among other special events.

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Cannabis Law Report

MAY 21, 2019

The measure, which makes clear that the group “takes no position as to whether cannabis should be legalized under the laws of the United States or of any state,” highlights the public safety issues caused by current federal policy, which makes many financial services providers reluctant to work with the marijuana industry.

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The Blunt Truth

MARCH 5, 2020

ADOPT (Adopt a Decrease in Oppressive Property Taxes) joined Nebraskans for Medical Marijuana to push for a ballot initiative allowing medical cannabis. If the state legalizes adult-use cannabis, the office would handle that as well. They see legalization as a solution to problems with the medical cannabis program.

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Cannabis Law Report

JUNE 9, 2022

Treasury Department is proposing to start collecting data on marijuana businesses from banks—alongside industries it already tracks like liquor stores, convenience stores, casinos and car dealers—as part of its ongoing efforts to combat money laundering activities. Read full report.

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Cannabis Law Report

JULY 22, 2019

Shannon Hattan is the co-founder and CEO of Fiddler’s Greens, a California cannabis tincture maker, and as an entrepreneur she should be feeling great. Her ten-person company, based in Santa Rosa, got one the first adult-use licenses to grow cannabis in the state. But because this is cannabis, bank loans are not an option.

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Cannabis Law Report

JULY 31, 2019

There has been a dramatic shift in Americans’ view of cannabis throughout the last decade. Americans’ access to cannabis has also grown as states pass various laws allowing medical and adult use of the plant. territories allow for some form of legal cannabis. The cannabis industry is supported across statehoods.

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Cannabis Law Report

SEPTEMBER 20, 2019

Mj Biz report…… A bill that would create a federal safe harbor for financial institutions to serve state-lawful cannabis businesses and ancillary companies will be put to a landmark vote in the U.S. Hoyer, D-Maryland, announced on the House floor that he will schedule the SAFE Banking Act for a vote. Just hours ago, U.S.

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