Cannabis Law Report

AUGUST 10, 2022

Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] Some advocates are still pushing to pass the SAFE Banking Act, allowing banks insured by the FDIC to serve cannabis businesses without fear of violating federal law.

Legalization 52

Legalization Banking Legislation Compliance 52

NORML

JUNE 14, 2019

At a more local level, the Cincinnati, Ohio city council approved a measure to decriminalize up to 100 grams of cannabis possession. Update : SB 51 is scheduled for a hearing in the Assembly Banking And Finance Committee on 6/24/19. Click here to email your lawmakers in support of banking access. CA resident? New Hampshire.

Legislation 146

Legislation Banking Access Hemp 146

NORML

JUNE 23, 2019

New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of juvenile decriminalization. The bill now heads to the Governor. CA resident?

Legislation 187

Legislation Hemp Decriminalization Agriculture 187

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. And Steelton Borough, Pennsylvania passed an ordinance to decriminalize up to 30 grams of cannabis possession. Click here to email your lawmakers in support of decriminalization. GA resident? HI resident?

Legislation 135

Legislation Hemp Patients Compliance 135

NORML

FEBRUARY 22, 2019

At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. AZ resident? Connecticut. CT resident?

Legislation 177

Legislation Hemp Compliance Compliance 177

Otherside Farms

MAY 5, 2020

and decriminalized in many others. This trend of decriminalization means the market is prime for those looking to start weed businesses. Banks typically don’t provide loans to cannabis ventures especially, those directly involved with the plant or its derivatives. Most banks are under the federal government.

Business 52

Business Banking Seed-To-Sale Compliance 52

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. AL resident?

Legislation 168

Legislation Patients Access Seed-To-Sale 168

SpeedWeed

MARCH 20, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Cannabis 52

SpeedWeed

MARCH 18, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

NORML

APRIL 26, 2019

Republican leaders in Wisconsin’s state legislature said that Governor Evers’ medical cannabis and decriminalization budget proposals will not be passed through the legislature this session. Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. AL resident?

Legislation 145

Legislation Compliance Compliance Hemp 145

WeedAdvisor

AUGUST 16, 2019

Despite significant leaps forward in public attitude toward marijuana, including the decriminalization of public marijuana consumption, Colombia might still need a few years before the public embraces full legalization. Recreational marijuana is decriminalized in small amounts and when used on private property. Argentina. .

Marijuana 85

Marijuana Banking Decriminalization Recreational 85

NORML

JUNE 28, 2019

New Mexico’s new decriminalization law takes effect this coming Monday July 1. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of juvenile decriminalization. Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law.

Legislation 108

Legislation Access Decriminalization Patients 108

NewsMunchies

DECEMBER 22, 2021

Since cannabis is federally illegal and remains a Schedule I drug alongside heroin, PCP and LSD, businesses that operate in compliance with state-level cannabis laws can’t rely on safe and effective banking systems nor do they have patent and trademark protections for their products. The nearly $100 billion U.S.

Law 89

Law Marijuana DEA Legalization 89

SpeedWeed

MARCH 19, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

NORML

MAY 10, 2019

Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. Click here to email your lawmakers in support of decriminalization. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of decriminalization.

Legislation 145

Legislation Hemp Compliance Compliance 145

NORML

FEBRUARY 8, 2019

House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. Legislation is pending, Proposed Bill 350, to limit patients who use medical cannabis in compliance with state law from seeking civil actions if they are discriminated against by their employer. A subcommittee of the U.S.

Legislation 173

Legislation Decriminalization Patients Access 173

Otherside Farms

SEPTEMBER 17, 2019

It’s Impossible to Bank in the Weed Industry. Curious about why it’s impossible to bank in the weed industry? The answer is simple: Many credit card companies and banks are afraid to give accounts to people in the marijuana business. Weed Is Decriminalized in 15 States. On the bright side, the U.S.

Law 64

Law Marijuana Banking Decriminalization 64

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. MT resident?

Legislation 160

Legislation Hemp Compliance Compliance 160

Cannabis Law Report

MAY 13, 2019

These days, the industry in Nevada faces some steep challenges, including the lack of banking services and some serious questions — raised in numerous lawsuits — that the state’s process for distributing conditional licenses was unfair. Cannabis Compliance Board: At a budget committee meeting last month, Sisolak’s chief counsel J.

Legislation 58

Legislation Banking Consumption Conditions 58

Veriheal

MARCH 29, 2022

Cannabis legalization, rescheduling, or decriminalization on a federal level in 2022 is an area where many people have high hopes. So, there is a long road ahead toward decriminalization and legalization in Nebraska. Although President Biden promised to put cannabis reform at the forefront, thus far he has not delivered.

Decriminalization 52

Decriminalization Banking Programs Recreational 52

Cannabis Law Report

JUNE 5, 2019

Sarah also advises cannabis companies and ancillary businesses on regulatory compliance. She also counsels consumer products manufacturers and distributors on products liability and regulatory compliance issues. Whitney also advises cannabis companies and ancillary businesses on state and local regulatory compliance and.

Compliance 55

Compliance Compliance Banking Business 55

SpeedWeed

JULY 6, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Kevin Hart, CEO and Founder of Green Check Verified , a leading provider of cannabis banking solutions and expert advisory services for financial institutions. Press the Play button below to listen to the podcast. ? Kevin Hart: It serves me well once in a while.

Banking 52

Banking Seed-To-Sale Supply Chain Compliance 52

Cannabis Law Report

MARCH 13, 2019

The Cannabis and Hemp Advisory practice will provide counsel and support to existing businesses, start-ups, and ancillary service providers within the cannabis industry, especially in the areas of: tax planning; compliance with section 280E of the U.S. Will Banks get a Hit of the Cannabis Industry? CONTINUE READING. CONTINUE READING.

Hemp 71

Hemp Business Banking Concentrates 71

Marijuana Lawyer Blog

AUGUST 4, 2021

Although the federal government has largely stopped prosecuting violators of these laws so long as they are in compliance with state laws, the federal restrictions still throw a huge wrench in the logistics of things like banking, transport of goods and taxes – even in places like California, where it’s legal.

Legalization 52

Legalization Research and Development Banking Recreational 52

Cannabis Law Report

MAY 14, 2022

In light of these attitudes, it’s no surprise that the US House of Representatives recently passed a bill to federally decriminalize cannabis. Momentum Builds in Senate for Passing SAFE Act – Bipartisan support in the Senate grows for passage of the SAFE Banking Act, which would facilitate banking access for cannabis companies.

Banking 52

Banking Recreational Research and Development Cannabis 52

Cannabis Law Report

MARCH 19, 2020

Any deployment of private equity in the cannabis industry requires a serious consideration of business, banking, legal, financial, taxation, securities, and regulatory issues in the relevant jurisdictions. In India, any investment made in the cannabis business, would be taxable.

Legalization 59

Legalization Banking Research and Development Nerve Pain 59

SpeedWeed

JULY 17, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Legalization 52

Legalization Banking Legislation Cannabis 52

SpeedWeed

JULY 17, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Banking 52

Banking Legislation Cannabis Policy 52

SpeedWeed

JULY 16, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Dispensary 52

Dispensary Banking Legislation Cannabis 52

Canna Law Blog

NOVEMBER 16, 2021

This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)).

DEA 88

DEA Business Banking Food 88

Cannabis Law Report

DECEMBER 26, 2021

But Veverka felt this decriminalization was far too limited. With ads from seed banks and grow shops, it took off fast. This pressure began to pay off, and 2010 saw a reform of the Czech criminal code, in which 10 grams or up to five adult plants became an “administrative” rather than criminal offense.

CBD 52

CBD Cultivation Advocacy Cannabis 52

Cannabis Law Report

JUNE 26, 2022

law as a Schedule I Controlled Substance, 2 which means that its possession, sale or use is prohibited by federal law, even in those states whose laws have decriminalized the use of cannabis. There also exist certain requirements to demonstrate compliance with the Regulations. Department of Education or its representative.

Research and Development 52

Research and Development Education Programs Policy 52

SpeedWeed

SEPTEMBER 10, 2021

I think everyone is behind social reformation and all the causes around expungement and decriminalization and so forth. MPP also believes that the Tax and Trade Bureau should regulate the cannabis industry at the federal level, particularly because compliance could get costly under the FDA. I don’t think there’s any issue with that.

Legislation 52

Legislation Business Cannabis Policy 52

Cannabis Law Report

JUNE 20, 2019

The House Appropriations Committee approved the 2020 Financial Services and General Government bill, which includes a cannabis banking provision that would prohibit financial regulators from spending money to go after financial institutions that do business with lawful cannabis companies. Nevada Governor Steve Sisolak (D) signed A.B.

Seed-To-Sale 40

Seed-To-Sale Hemp Food CBD 40

Cannabis Law Report

APRIL 13, 2022

Indeed, just days before the approval of New York’s Budget, the House of Representatives voted to decriminalize marijuana, and Senator Schumer indicated he would be introducing a similar bill in the Senate later this month. Let’s see what happens in the Senate in the coming weeks as it deliberates decriminalization. Stay tuned.

Business 52

Business Cannabis Law Decriminalization 52

Cannabis Law Report

OCTOBER 17, 2019

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Several bills have been introduced in Congress in 2019 that call for legalizing or decriminalizing the substance.

Law 40

Law Seed-To-Sale Hemp Recreational 40

SpeedWeed

MARCH 7, 2021

We manage the inputs, we manage the machine extraction runs, the outputs, all the inventory, the sales orders, the batch tracking, lot tracking, to comply with various recall protocols and federal regulations and guidance for GMP compliance and Food Aafety Act stuff. That’s where the CBD comes from in our messaging.

Seed-To-Sale 52

Seed-To-Sale Supply Chain Hemp Data 52