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Article: 5 cannabis banking options — plus 4 alternatives

Cannabis Law Report

Cannabis banking options are still quite limited for marijuana entrepreneurs, despite 36 states legalizing medical marijuana and 17 states permitting recreational adult use, according to the National Conference of State Legislatures. Are there cannabis-friendly banks? Compare 5 cannabis-friendly banks and credit unions.

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Kelley Drye & Warren: CBD and Hemp Legal and Regulatory Roundup – August 2021

Cannabis Law Report

Welcome to our weekly roundup of CBD and hemp-related legal and regulatory news: CBD. Radicle Science study will evaluate effectiveness of various CBD products. Radicle Science, a healthtech B-corp that validates natural products, launched the Radicle ACES (Advancing CBD Education and Science) study.

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Weekly Legislative Roundup 4/5/19

NORML

Governor Janet Mills (D) of Maine signed legislation into law to allow the production and retail sale of hemp-derived CBD products. Click here to email your lawmakers in support of banking access. The bill was amended to remove the provision lifting the THC cap on medical CBD. IL resident? IA resident? IN resident?

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Weekly Legislative Roundup 6/21/19

NORML

Governor John Bel Edwards (D) of Louisiana signed legislation into law to deschedule hemp and hemp-derived CBD from the state’s list of controlled substances. Update : SB 223 was heard and approved by the Assembly Education Committee on 6/19/19. Click here to email your lawmakers in support of banking access. California.

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Weekly Legislative Roundup 3/8/19

NORML

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. AR resident?

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Weekly Legislative Roundup 3/29

NORML

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.

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Weekly Legislative Roundup 3/22

NORML

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. House Bill 324 seeks to establish a regulatory framework to permit the retail sale of medical CBD products to registered patients. Click here to email your lawmakers in support of medical CBD expansion.