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Update: DOJ and SAFE Banking Act

Canna Law Blog

As we blogged about last week, the SAFE Banking Act is trying to claw its way back from the dead during this lame duck session of Congress. Interestingly, on December 2, Punchbowl News reported that the Department of Justice (DOJ) issued a memo outlining its “issues” with the SAFE Banking Act. Section 280E.

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Cato Institute “Cannabis Banking: A Clash Between Federal and State Laws”

Cannabis Law Report

Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. Although 18 states have fully legalized, cannabis is still a sticky issue for banks and other financial institutions because it remains illegal at the federal level. The State of Banking. That can prove costly.

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What Do Banks Require for CBD Websites?

Cannabis Law Report

Drug Enforcement Agency (DEA)’s narcotic drug schedule as defined by the Controlled Substances Act (CSA). While these products are no longer illegal (notably a different definition than “legal”), most banks have been hesitant to jump in, citing the lack of framework from the compound’s new agencies of oversight: the USDA and the FDA.

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Press Release: LegitScript Announces New CBD e-Commerce Certification Program to Ensure Accountability, Regulatory Compliance

Cannabis Law Report

Starting today, US manufacturers and merchants can apply through LegitScript to certify CBD products and websites that are in compliance with USDA, FDA, FTC, and DEA regulations, as well as state-specific laws.

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New Hemp Testing Guidelines Make Meeting 0.3% THC Limit Difficult

Medicinal Genomics

Another potential headache for farmers is that analytical laboratories must be registered with the DEA in order to perform compliance testing. No existing cannabis labs are registered with the DEA because they handle a schedule 1 substance, which violates federal law. and seize all the testing samples. THC threshold.

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The Future of Federal Marijuana Laws Remains Dazed and Confusing

NewsMunchies

As of this writing, cannabis remains a prohibited Schedule 1 drug, defined by the DEA as having “no currently accepted medical use and a high potential for abuse.” . The commercialization of cannabis is here but federal legalization has not yet come to our shores.

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Canna Law Blog – Harris Bricken: Top 6 Ketamine Clinic Questions Asked and Answered

Cannabis Law Report

The most aggressive CPOM state we’ve seen so far is probably New York where recent court cases have really narrowed what an MSO can do when it comes to a PC (including a prohibition on holding or having access to any bank accounts on behalf of the PC). Although many are still self-pay mainly for two reasons: 1. Source: [link].

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