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Marijuana Banking Passes Critical Committee

NORML

In the first of what is anticipated to be multiple Congressional votes to address the federal prohibition and criminalization of marijuana, the House Financial Services Committee will today voted to advance The SAFE Banking Act, HR 1595 , 45-15. So I would urge all of my colleagues so support H.R.

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Marijuana Banking Bill Scheduled For Committee Markup

NORML

In the first in what are anticipated to be multiple Congressional hearings to address the federal prohibition and criminalization of marijuana, the House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. With 97.7% of the U.S. Thirty-three states, Washington, D.C.

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The USDA's Hempseed Bank

Project CBD

“If the hemp market is to grow and mature, we need to think beyond cannabinoids.”

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Banking Woes and Wins for Hemp-CBD

Canna Law Blog

Our firm represents a number of financial institutions and even a federal agency on banking state-legal cannabis. The number one question we have received lately is: “do you know a bank or credit union that will bank my hemp-CBD business?” And here’s why.

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Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference?

Cannabis Law Report

The post Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference? Hemp and cannabis are technically the same plant, but in the eyes of the law, they couldn’t be more different.… … Read More. first appeared on Cannabis Law Report.

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CBD Banking: Three Trends and Predictions for 2021

Cannabis Law Report

The world of banking Cannabidiol (CBD) businesses is a chaotic one. The post CBD Banking: Three Trends and Predictions for 2021 first appeared on Cannabis Law Report. Despite the legalization of hemp and hemp-derived products under… Read More.

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Federal Agencies Provide New Guidance for Hemp Banking

Canna Law Blog

The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

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