Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. “ The marijuana industry will soon be exploding in New Mexico , and it is important to have banking safeguards to mitigate illicit and criminal conduct. ALBUQUERQUE, N.M. , Dec.

Banking 52

Banking Hemp Compliance Compliance 52

Cannabis Law Report

JANUARY 5, 2022

StandardC, a leader in cannabis & marijuana banking and financial services, announced today that its lending partner had closed the first $5 million loan from their newly established $200M fund for a leading marijuana cultivator using the StandardC platform.

Banking 52

Banking Marijuana Compliance Compliance 52

Cannabis Law Report

AUGUST 8, 2022

The CCB was told that a cultivation had cannabis seeds from unauthorized sources. On June 16, 2022, three agents from the CCB’s staff conducted an investigation of the cultivation at which the agents claimed to have found 63 packages of cannabis seeds purchased from online cannabis seed banks from October 2020 to July 2021.

Compliance 52

Compliance Compliance Banking Packaging 52

NORML

FEBRUARY 22, 2019

Delaware prosecutors will no longer be encouraged to pursue criminal charges against those who possess marijuana for personal use, according to guidelines issued by the state’s new Attorney General. Another great way to stay up to date is Marijuana Moment’s daily newsletter, which you can subscribe to HERE. Actions to Take.

Legislation 180

Legislation Hemp Compliance Compliance 180

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. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. state and federal regulation of marijuana. JD Supra Release.

Hemp 59

Hemp Business Banking Agriculture 59

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. Update : H.333

Legislation 172

Legislation Patients Access Seed-To-Sale 172

Cannabis Law Report

JUNE 16, 2019

On May 13th New Jersey’s Department of Health (“DOH”) amended it Medicinal Marijuana Program Rules, N.J.A.C. Seq , establishing standards by which the DOH implements New Jersey’s Compassionate Use Medical Marijuana Act, N.J.S.A. 24:6I-1, Et. Seq, assimilating Governor.

Programs 77

Programs Chronic Pain Marijuana Conditions 77

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. Governor Andrew Cuomo (D) of New York announced that marijuana legalization language will no longer appear in his budget proposal. Welcome to the latest edition of NORML’s Weekly Legislative Roundup!

Legislation 137

Legislation Hemp Patients Compliance 137

Cannabis Law Report

MAY 26, 2019

They write, “This survey was prepared by the Fox Rothschild Cannabis Law Practice as a quick reference to relevant laws and statutes governing marijuana usage in the United States.” National Survey on Marijuana Laws and Regulations Copyright © 2018 Fox Rothschild LLP | Attorney Advertising. e-book-Marijuana-Mayv3.

Law 55

Law Marijuana Compliance Compliance 55

Medicinal Genomics

NOVEMBER 5, 2019

While several lawmakers and industry stakeholders celebrated the announcement , not everyone on the cultivation side is so positive. This change shouldn’t affect most hemp farmers who have no interest in cultivating psychoactive plants; however, it does remove a safety net. New Sampling Guidelines. What does this mean for hemp farmers?

THC 81

THC Hemp DEA Banking 81

Cannabis Law Report

JULY 15, 2021

Federal Proposal to Deschedule and Tax Marijuana. Cory Booker (D) released their discussion draft—the Cannabis Administration and Opportunity Act—for federal descheduling of marijuana. While federal descheduling impacts all states, it does not deschedule marijuana in states which choose to keep their own ban.

Compliance 105

Compliance Compliance THC Retail 105

Cannabis Law Report

SEPTEMBER 12, 2021

Marijuana Moment reports. Let me be clear about where I stand,” he said, according to his remarks as prepared for delivery that were obtained by Marijuana Moment. “It Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Read full article. September 2021.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Chronicles

JULY 1, 2019

Marijuana is having a moment. Everything is harder — from opening a bank account to finding office space to hiring qualified employees — says Shane Schmitt, general manager of Wy’East Oregon Gardens, a cannabis cultivation and processing facility in Portland. Legal weed generated $10.4 DO WHAT YOU KNOW. Are you a farmer?

Business 100

Business Data Banking Cultivation 100

NORML

MAY 17, 2019

Another great way to stay up to date is Marijuana Moment’s daily newsletter, which you can subscribe to HERE. The Marijuana Freedom and Opportunity Act, to remove marijuana from the Controlled Substances Act and to provide funding for the expungement of criminal records for those with past marijuana convictions.

Legislation 137

Legislation Hemp Compliance Compliance 137

Cannabis Law Report

JUNE 19, 2019

The number one challenge for businesses in the cannabis industry is legal compliance. Compiling client’s medical marijuana dispensary application for Missouri’s 5 th Congressional District. Consulting on formation of Missouri medical marijuana-based business. No trade is more challenging than cannabis. Representative Matters.

Law 51

Law Compliance Compliance Banking 51

Cannabis Law Report

MARCH 20, 2020

” In closing, remember earlier when I mentioned that “Some of the fastest-growing areas have included financial and legal services, technology, software, and cultivation.” MOBILE, DIGITAL BANKING . COMPLIANCE. HIPAA COMPLIANCE. V: SCIENCE AND CULTIVATION . CULTIVATION. FINANCIAL SERVICES.

Dispensary 64

Dispensary Compliance Compliance Cultivation 64

SpeedWeed

JULY 7, 2021

Sessions will be offered across four paths: Cultivation, Processing, Operations Management, and Business / Legal / Finance. Some of the seminars in each of these paths include: Cultivation Seminars: Cannabis Ag-Tech Saves Food from Climate Change. Cultivating Secondary Metabolites to Boost Your Grow’s Bottom Line.

Media 52

Media Packaging Food Safety 52

NORML

MAY 31, 2019

Another great way to stay up to date is Marijuana Moment’s daily newsletter, which you can subscribe to HERE. The Marijuana Freedom and Opportunity Act would remove marijuana from the Controlled Substances Act and to provide funding for the expungement of criminal records for those with past marijuana convictions.

Legislation 111

Legislation Access Banking Hemp 111

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Hemp 69

Hemp Business Cultivation Banking 69

Cannabis Law Report

DECEMBER 16, 2021

The Centers for Disease Control and Prevention (CDC) published workplace guidance for creating marijuana policies and drug testing procedures for employed drivers, including education for drivers on marijuana’s effects on safe driving. Nevada Cannabis Compliance Board Takes Action for Tax Payment Failures. Harborside Inc.,

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

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

Otherside Farms

AUGUST 4, 2020

Concrete extraction technicians, researchers, marijuana cultivators, marketers, marijuana processors, cannabis branding, and developers will all have a place in the industry. The medical marijuana industry is expected to reach an estimated worth of at least $148 billion by 2026. A Business Plan. Fund your Business.

Business 52

Business Banking Dispensary Research and Development 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

Cannabis Law Report

SEPTEMBER 16, 2022

The program is a “limited license” regime, under which a set number of vertically integrated “Medical Marijuana Treatment Centers” are licensed to cultivate, process, and dispense cannabis to qualified patients. In 2021, more than $1.2 billion in cannabis products were sold in Florida. It is unique in many respects.

Law 52

Law Programs Cultivation Dispensary 52

Cannabis Law Report

FEBRUARY 3, 2020

Marijuana may not have been the only thing that Robert W. Russell was cultivating at the cannabis farm he operated just off Highway 20 near Anacortes. SEC Files Charges Against Scheme to Sell Fictitious Interests in Marijuana Company. million into Russell’s personal bank accounts. Read the full story at [link].

Cannabis 86

Cannabis Business Recreational Banking 86

Cannabis Law Report

SEPTEMBER 20, 2019

They write… In this week’s edition: Plans to vote on cannabis banking legislation announced in both chambers of Congress, with predictions that House will pass the SAFE Act by the end of October. House Majority Leader Steny Hoyer (D) intends to put the cannabis banking legislation on the floor by the end of September.

Vaping 40

Vaping Banking Research and Development DEA 40

Cannabis Law Report

AUGUST 8, 2019

investment community as to the boundaries of legal risk and compliance. THC (legal term “marijuana”) is classified as a Schedule 1 drug and is illegal under federal law for any purpose (with the exception of FDA-approved research programs) by way of the Controlled Substances Act 1970. The cultivation, possession, distribution (etc.)

Legalization 40

Legalization Banking Compliance Compliance 40

Cannabis Law Report

JULY 28, 2022

Legislation by state governments was recently echoed by the federal government on April 1 this year when the House of Representatives voted to federally decriminalise marijuana. Across the US, 37 states have now decriminalised cannabis for specific medical use, while 19 have gone further, for recreational use. Start ups, IPOs and M&As.

Legislation 52

Legislation CBD Media Recreational 52

Otherside Farms

FEBRUARY 25, 2019

You’ll need to source funds from your personal finance, family, friends, and angel investors since you’ll hardly get a bank loan for opening a dispensary. However, the environment of the legal marijuana industry is ever-changing. Do some research on areas where the better part of a community supported the proposals on marijuana laws.

Dispensary 72

Dispensary Legalization Business Law 72

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Guam became the first US territory to send a bill legalizing the adult-use of marijuana to the governor’s desk in 2019. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! House Judiciary Committee.

Legislation 168

Legislation Decriminalization Hemp Patients 168

NORML

APRIL 5, 2019

Six municipalities in Wisconsin voted on non-binding marijuana related ballot questions, with 5 out of 6 passing. Another great way to stay up to date is Marijuana Moment’s daily newsletter, which you can subscribe to HERE. Legislation is pending, Senate Bill 661, to amend marijuana possession penalties. Actions to Take.

Legislation 189

Legislation Banking Hemp Compliance 189

Cannabis Law Report

NOVEMBER 7, 2019

Colorado has long been regarded one of the the US’s better state markets for efficient compliance and good regulatory management by state and local authorities. based spin off of Canadian marijuana grower, Aurora, with a strategy focused on investing in and acquiring cannabis related companies in the U.S. Teri Buhl reports.

Hemp 104

Hemp Research and Development Banking CBD 104

Cannabis Law Report

FEBRUARY 7, 2019

Marijuana companies seeking offshore European tax havens to set up shop, look no further; the Isle of Man is about to loosen its cannabis laws. Now back to the boring legal bit: In the Isle of Man, it is currently illegal under the Misuse of Drugs Act 1976 to cultivate the plant, which is a variety of Cannabis sativa.

Law 40

Law Hemp Medicine Epilepsy 40

Cannabis Law Report

JUNE 15, 2022

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.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

MARCH 15, 2019

In addition to the gaps between state and federal law, an obstacle course of regulatory hoops to jump through, banking barriers, branding, and countless other headaches. So don’t be shy: kick back, relax, and get woke with the freshest ep of Queens of the Stoned Age — the days of marijuana mansplaining are over. Meital Manzuri, Esq.

Law 14

Law Advocacy Banking Compliance 14

NORML

APRIL 20, 2019

At a more local level, The city commissioners of Daytona Beach voted to decriminalize up to 20 grams of marijuana possession. Another great way to stay up to date is Marijuana Moment’s daily newsletter, which you can subscribe to HERE. Click here to email your lawmakers in support of banking access. Your Highness, Carly.

Legislation 154

Legislation Decriminalization Hemp Compliance 154