Banking Collective State Laws THC 
NORML
FEBRUARY 8, 2019
House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. At the state level, activists in Texas, Maryland, and Kentucky gathered in their state capitols alongside state and local NORML chapters to lobby for sensible marijuana policy reform legislation. AZ resident?
Cannabis Law Report
JULY 31, 2019
With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture. This business model inherently creates several issues, such as higher rate of theft, difficulty assessing and collecting taxes properly, and allowing bad actors to pose as legitimate. Jeff Merkley (D-OR).
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Cannabis Law Report
SEPTEMBER 24, 2019
As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. While hemp and marijuana are both derived from the plant Cannabis sativa L, they are legally distinguished on both a federal and state level by their THC content.
Cannabis Law Report
DECEMBER 16, 2021
The CDC promoted a policy that prohibits employees from using marijuana while on the job but recognized that a zero-tolerance policy for marijuana use may not be possible, depending on the relevant state law. While federal law limits the delta-9 THC content of hemp to not more than 0.3
Connor & Connor PLLC
AUGUST 30, 2018
Specifically, the Court stated: “The conclusions in the [expert] report are an attempt to present reconstructed income tax returns as evidence of petitioners’ correct tax liabilities. The report is not based on personal knowledge of THC’s business. To determine the correct COGS for THC, substantiation of THC’s expenses is necessary.
Cannabis Law Report
JANUARY 13, 2020
So while the actual practice or use of a patented cannabis-related invention may be illegal under federal or some state laws, such illegality should not preclude issuance of a patent, if all of the requirements of patentability are met. a contractual falling out between bank robbers). Pure Hemp Collective, Inc.
The Blunt Truth
OCTOBER 29, 2019
The plans must incorporate procedures for sample and testing hemp to ensure that the cannabis grown and harvested does not exceed the acceptable hemp THC level. those with THC levels above 0.3%). The SAFE Banking Act May Help CBD Industry.
Expert insights. Personalized for you.
193 
Let's personalize your content