MMJ Recs

MAY 5, 2024

Following Proposition 215, the legal framework surrounding medical marijuana continued to evolve and in 2003, the California State Legislature enacted Senate Bill 420 , also known as the Medical Marijuana Program Act. These include access to banking services, federal prohibition, and ongoing regulatory issues.

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Law Marijuana Cultivation Patients 52

SpeedWeed

MARCH 9, 2021

and becoming legal, regulated, and accepted in more states, one thing the cannabis industry struggles with is having access to services that most businesses have access to, including banking and insurance. The American Association of Insurance Services (AAIS CannaBOP program is the first of its kind to serve the industry in this way. . “As

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Business Banking Programs Access 52

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. Allows licensed dispensaries to sell edible cannabis and cannabidiol products. This was a big week for marijuana in Congress.

Legislation 159

Legislation Hemp Compliance Compliance 159

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

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Legislation Patients Access Seed-To-Sale 167

Canna Law Blog

APRIL 27, 2022

CannabisCoin focused on improving transactions in medical marijuana dispensaries. HempCoin focused on B2B transactions among farmers, manufacturers, and both medical and recreational dispensaries. PotCoin focused on Colorado’s adult-use market and dove deep into Web3 with PotCoin Rewards and philanthropy with the PotCoin Foundation.

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Banking Cannabis Business Dispensary 70

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. ? You did not know it was available. Experience.

Banking 52

Banking Seed-To-Sale Supply Chain Compliance 52

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. Senate Bill 34 would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions.

Legislation 133

Legislation Hemp Patients Compliance 133

Cannabis Law Report

SEPTEMBER 16, 2022

The region has been instrumental in highly regulated industries, such as alcohol and tobacco, and the only federally sanctioned cannabis grow program has operated at the University of Mississippi since the 1960s. Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis.

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Law Programs Cultivation Dispensary 52

Otherside Farms

AUGUST 4, 2020

Now is the perfect time to open up a dispensary! Here are five things you must have before opening a medical marijuana dispensary. Sure, medical marijuana dispensaries aren’t viewed as a traditional business. You do not have to open your own cannabis dispensary to get into the market. A Business Plan.

Business 52

Business Banking Dispensary Research and Development 52

Cannabis Law Report

DECEMBER 16, 2021

Because recreational use of marijuana is increasing, especially as more states legalize it, the CDC believes it’s important for all workplaces to implement and address marijuana policies in their motor vehicle safety programs. This program gives New Mexico an edge in the growth of cannabis infrastructure.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

NORML

MAY 24, 2019

Legislation is pending, Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Click here to email your lawmakers in support of compassionate care programs. CA resident?

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Legislation Hemp Access Patients 165

Cannabis Law Report

MAY 26, 2019

Navigating the various state compliance regulations – while the consumption of marijuana, regardless of its intended use, is still prohibited at the federal level – can be a daunting task. Department of Treasury issues for banking and financial services clients engaged in the industry, and more. About Fox Rothschild Fox.

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Law Marijuana Compliance Compliance 55

NORML

MAY 17, 2019

Medical cannabis sales kicked off in Arkansas last Friday as the first dispensary opened its doors. Legislation is pending, Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions.

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Legislation Hemp Compliance Compliance 134

Cannabis Law Report

APRIL 26, 2022

Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Cannabis companies face unprecedented headwinds.

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Supply Chain Retail Strains Indica 52

Veriheal

NOVEMBER 12, 2020

For example, Illinois created the R3 program that uses cannabis tax revenue to help communities impacted by the War on Drugs. . And because cannabis businesses can’t take advantage of banking protection s or other forms of federal assistance, they run the risk of being even more hard-hit by the recession.

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Business Banking Cannabis Compliance 62

Cannabis Law Report

DECEMBER 12, 2019

Thirty-three states have enacted some type of medical marijuana program. Compliance with state laws is of little benefit when it comes to federal bankruptcy, banking, and tax codes. The cannabis business-lessee was apparently in compliance with all applicable Washington State laws and regulations. Bankruptcy and the CSA.

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Compliance Compliance Chronic Pain Banking 59

SpeedWeed

AUGUST 16, 2021

Paul Kuharsky, an all-things-NFL-commentator, was interviewed on a sports program in which, in pertinent part, he reminded the viewers, that the story alleged “if true. Cannabis tax, accounting, and books and records system expertise for IRS 280E federal compliance. is not a good look for sure” for the sports figures.

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Business Dispensary Cultivation Cannabis 52

Marijuana Lawyer Blog

APRIL 15, 2019

Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges.

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Policy Programs Banking History 45

Cannabis Law Report

JULY 27, 2019

Denver-based ONE Cannabis and Florida-based Miracle Leaf each claim to be awarding franchises to catapult their growth, the former franchising cannabis dispensaries and the latter medical marijuana clinics. The same penalties apply whether the underlying franchise involves cannabis, hamburgers, children’s programs or something else.

Supply Chain 40

Supply Chain Programs Business Retail 40

Cannabis Law Report

JUNE 4, 2021

While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi state operators (MSOs) need to take the specific requirements of each state into account in every aspect of their business, from product types offered to how they bank.

Banking 87

Banking Supply Chain Dispensary Business 87

Cannabis Law Report

JUNE 26, 2019

For those of you in the dark about Florida’s Medical Marijuana Program, I will be lighting up the dim corners of Florida: The Nation’s Fastest-Growing Medical Marijuana Market , according to The Miami New Times on May 2, 2019. Lighting Up Florida’s Medical Marijuana PEOPLE: The Front Lines. Zachary Kobrin. Antoinette Duncan.

Marijuana 65

Marijuana Agriculture Research and Development Education 65

Cannabis Law Report

JANUARY 15, 2019

Alterman involved income tax deficiencies and penalties asserted by the IRS for 2010 and 2011 against individual taxpayers who owned and operated a small Colorado cannabis dispensary. The individual taxpayers had filed joint returns for 2010 and 2011 in which they reported the income from their cannabis dispensary.

Business 58

Business Dispensary Cannabis Compliance 58

NORML

APRIL 5, 2019

Legislation has been reintroduced from last year, Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Click here to email your lawmakers in support of compassionate care programs.

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Legislation Banking Hemp Compliance 185

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. House Judiciary Committee.

Legislation 164

Legislation Decriminalization Hemp Patients 164

Cannabis Law Report

SEPTEMBER 29, 2021

Take a closer look at how IRS is working to positively impact filing, payment and reporting compliance on the part of all businesses involved in the growing, distribution and sales of cannabis/marijuana. Specifically, these businesses are often cash intensive since many can’t use traditional banks to deposit their earnings.

Business 52

Business Programs Compliance Compliance 52

SpeedWeed

FEBRUARY 22, 2021

Social equity programs are a relatively new phenomenon in the U.S. That makes it worthwhile for industry insiders and activists to examine how some of the programs have done – particularly as more states, and perhaps Congress, consider legalizing marijuana and incorporating social equity in some form. The Oakland and L.A.

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Programs Retail Banking Business 52

Cannabis Law Report

OCTOBER 12, 2021

Venom Extracts has strong brand recognition and distribution, with products in the vast majority of dispensaries in Arizona. Since 2017, Jill has led the finance, administration and compliance oversight functions for Venom Extracts. The Company’s products are sold in 370 dispensaries across Arizona and California.

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Extraction Business Hash Events 52

SpeedWeed

APRIL 15, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. And we’re taking action.

Research and Development 52

Research and Development Environment Business Education 52

SpeedWeed

MARCH 8, 2021

I’m curious to see what that looks like in the next coming months, especially come November with some of these states voting on adding medical and adult use programs and what that actually does to the tech sector here. ‍ Amanda Guerrero : Yeah. ‍ Ed Keating : Yeah. ‍ Amanda Guerrero : Not like us here in Colorado.

Seed-To-Sale 52

Seed-To-Sale Data Wellness and Beauty Media 52

SpeedWeed

APRIL 16, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. And we’re taking action.

Research and Development 52

Research and Development Environment Business Cannabis 52

SpeedWeed

APRIL 15, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. And we’re taking action.

Research and Development 52

Research and Development Environment Business Education 52

SpeedWeed

MARCH 24, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. Welcome, Tony.

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Compliance Compliance Banking Data 52

WeedAdvisor

SEPTEMBER 18, 2019

Things are looking good for state medical and recreational dispensaries as a game-changing bill gains support in the U.S. According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Skipping Ahead. .

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Banking Dispensary Legislation State Laws 45

Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. PSCs are categories on an RSF to classify business based on known areas of anti-money laundering compliance issues.

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Business Marijuana Safety Banking 52

SpeedWeed

FEBRUARY 24, 2021

Ed Keating: So we’re in the process of releasing our latest blog post on cultivation licenses, but we’re able to do similar to what we did with dispensaries. And then finally, they had these dispensaries, which, retail location, we’ve got grocery stores, we’ve got tons of clients in that space. This is a great idea, talk to our bank.

Banking 52

Banking Research and Development Data Media 52

Cannabis Law Report

SEPTEMBER 21, 2021

Are your legislators and the OLCC working on programs to further improve the sector? . Don’t overregulate, allow vertical integration, establish low barriers to entry, expunge cannabis offenses and allow industry professionals to help develop the program. What’s your view from Oregon. This challenge is far from over.

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Environment Pharmaceutical Retail Clinical Trials 52

Cannabis Law Report

APRIL 30, 2019

Unfortunately, due to federal prohibition, Marijuana Related Businesses are denied many standard insurances (like crop or cash exceeding $25,000), federal trademark and patent protection, and banking and credit card services. .

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Business Marijuana Compliance Compliance 45