Remove Banking Remove Collective Remove Consumption Remove Safety
article thumbnail

The Week in Weed: April 24, 2020

The Blunt Truth

Among the findings of the report: in some states where cannabis is still illegal, African-Americans are ten times more likely to be arrested than whites, even though consumption rates are practically identical. marijuana banking. Because it’s hard to get money from the federal government if you have no bank account to receive it.

Banking 101
article thumbnail

Manzuri Law – End Of Year Roundup: Defining Moments in 2019 Cannabis and What They Mean for 2020

Cannabis Law Report

With the states, the feds, and the locals all making up their own rules for hemp and cannabis operations and prohibitions, the illicit market continued to thrive – creating financial hardships for licensed operators and a safety crisis for consumers. The End of the Collective Era. TOP Defining Moments in Los Angeles Cannabis.

Law 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Washington: WSLCB Publish Their 2019 Cannabis Topics & Trends Alerts

Cannabis Law Report

Please contact your WSLCB Enforcement Officer if you have any questions about implementation and enforcement of this important public safety rule. Licenses are to report both the calculated tax amount and the amount of additional collected tax. Have lost their bank. The bank has denied their application. Payment Methods.

Topical 65
article thumbnail

Important Facts About California Marijuana Laws

The Herb Collective

While this does add more costs, it also ensures safety for users, which has to be a good thing. A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Edibles must be tightly dosed, extracts must be extremely pure and flower has to be clean in order to be legally sold in the state.

Law 45
article thumbnail

Report: Federal Reserve Bank of Kansas City -“Is the Colorado Marijuana Industry Showing Signs of Maturation?”

Cannabis Law Report

xvii This new cash flow, coupled with additional business-friendly legislation, such as allowing social consumption of marijuana in licensed spaces, suggests the number of marijuana businesses has the potential to expand despite recent declines in licenses. Tax Collections in the Marijuana Industry. percent state sales tax.

Banking 59
article thumbnail

Canada: Medical Cannabis & Cannabinoid Regulation 2021

Cannabis Law Report

Generally speaking, the federal government has the authority to regulate all aspects of the cannabis industry except for rules pertaining to sale, consumption and distribution, which are left to the provinces and territories, consistent with their constitutional jurisdiction over property and civil rights. Self-Regulation. Key Challenges.

article thumbnail

In the Weeds: Missouri Settles With Producers, Treasury Seeks Input on Marijuana Businesses

Cannabis Law Report

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products. On June 8, 2022, the U.S.