Cannabis Law Report

SEPTEMBER 25, 2019

House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act 321-103. Neal Levine of the Cannabis Trade Federation states … The bipartisan SAFE Banking Act ( H.R.1595 It aims to address the state-legal cannabis industry’s lack of access to banking and other financial services.

Banking 55

Banking Safety Compliance Compliance 55

Cannabis Law Report

FEBRUARY 14, 2020

Mike Crapo urging him to support the SAFE Banking Act and hold a markup in the Senate Banking Committee. . The House of Representatives passed the SAFE Banking Act by a vote of 321-103 in September, with 91 Republicans voting in favor. Without banking services, U.S. This is not a partisan issue, or a regional issue.

Banking 59

Banking Safety Environment Business 59

SpeedWeed

MARCH 21, 2021

State-legal cannabis companies aren’t stashing large stacks of cash behind walls or rubber-banded bankrolls in hidden vaults. billion of legal cannabis sales in the U.S. billion of legal cannabis sales in the U.S. But those banks are not the “national associations” of the world. Shannon Price | Adobe Stock.

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

JULY 26, 2019

The Senate Committee on Banking, Housing, and Urban Affairs yesterday hosted a hearing titled “Challenges for Cannabis and Banking: Outside Perspectives.” This long-awaited congressional hearing focused on the challenges state-legal cannabis companies face in utilizing traditional financial services during federal prohibition.

Banking 45

Banking Environment Compliance Compliance 45

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 25, 2019

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

Banking 40

Banking Hemp Safety Business 40

WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.

Banking 49

Banking Advocacy Legislation Dispensary 49

Cannabis Law Report

APRIL 25, 2022

Certification Supports Law Enforcement in how to Identify Legal Operators from Illicit. ” The Public Health & Safety Cannabis Financial Service Certification helps law enforcement and state regulators distinguish legal cannabis operators from illicit. It also determines both outstanding U.S.

Hemp 52

Hemp Banking Safety Compliance 52

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. The need for cannabis businesses to have access to banking services continues to gain federal support.

Banking 40

Banking Hemp Marijuana Events 40

Cannabis Law Report

DECEMBER 4, 2021

being deluged by legalization bills, a tripartisan group of senators from the Senate Armed Services Committee have penned a letter urging President Biden to sign the legislation as is, and to keep intact the language already passed in the National Defense Authorization Act (NDAA). Here’s their letter.

Banking 52

Banking Safety Compliance Compliance 52

WeedAdvisor

SEPTEMBER 18, 2019

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. Outside the walls of the House and Senate, banking industry insiders and advocates are clamouring to have the SAFE Banking Act passed. Skipping Ahead. .

Banking 45

Banking Dispensary Legislation State Laws 45

SpeedWeed

APRIL 3, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Banking 52

Banking Legalization Compliance Compliance 52

Cannabis Law Report

JULY 31, 2019

Polls show that about 65 percent of Americans support legalization of marijuana and 93 percent of Americans support medical marijuana. territories allow for some form of legal cannabis. territories have legal framework that allow for either medical or adult-use cannabis. Senate Committee Holds Hearing on Cannabis Banking.

Banking 40

Banking Research and Development Safety Legislation 40

MMJ Recs

MAY 5, 2024

Its legal framework has evolved, and an understanding of California medical cannabis regulations is essential for patients, caregivers, and those who have an interest in the cannabis industry. However, recreational use has also recently been legalized in California but it remains illegal under federal law.

Law 52

Law Marijuana Cultivation Patients 52

Cannabis Law Report

NOVEMBER 15, 2021

Treasurer Tyler Klimas, Executive Director of the Nevada Cannabis Compliance Board, At-large board member Steve Marks, Executive Director of the Oregon Liquor and Cannabis Board. Lab Testing and Product Safety. Banking, Finance, and Taxation. Impaired Driving and Traffic Safety. Social and Economic Equity.

Compliance 98

Compliance Compliance Topical Programs 98

Cannabis Law Report

JULY 2, 2019

LegitScript, the global leader in merchant and product certification and monitoring in the e-commerce and payment sectors, has launched a new certification program for legally compliant CBD products and websites. LegitScript’s CEO, John Horton, said the program will bring transparency and structure to the CBD industry.

Compliance 40

Compliance Compliance Programs CBD 40

MMJ Recs

MARCH 16, 2024

Overview of the Medical Marijuana Industry The medical marijuana industry has experienced significant growth and evolution in recent years, fueled by shifting attitudes, changing regulations, and expanding legalization efforts across various jurisdictions.

Supply Chain 105

Supply Chain Research and Development Marijuana Seed-To-Sale 105

SpeedWeed

MARCH 24, 2021

Like the opening bell on the trading floor of the Stock Exchange, the reintroduction in Congress last week of the long-awaited Secure and Fair Enforcement (SAFE) Banking Act and related Clarifying Law Around Insurance of Marijuana (CLAIM) Act was a call to action for carriers and insurance brokers across the country. SAFE Banking Act.

Banking 52

Banking Business Policy Legislation 52

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.

Banking 40

Banking Law Compliance Compliance 40

Cannabis Law Report

SEPTEMBER 28, 2021

Due to federal restrictions that prohibit banks from providing services to legal cannabis companies, cash and cashless ATM are the only payment options for cannabis consumers and merchants, making the process inconvenient, unreliable and dangerous.

Banking 52

Banking Research and Development Retail Compliance 52

Cannabis Chronicles

APRIL 2, 2019

Since Colorado and Washington became the first states to legalize the recreational use of marijuana, eight others have joined them. California, Nevada, Oregon and Michigan are among the legal states that have taken a more permissive approach to out-of-state ownership and investment. Rebecca Saldaña.

Legalization 100

Legalization Business Legislation Banking 100

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. Click here to email your lawmakers in support of legalization. House Judiciary Committee.

Legislation 164

Legislation Decriminalization Hemp Patients 164

NORML

FEBRUARY 22, 2019

On the same day, LegalizeND announced that they will try again with a 2020 legalization ballot initiative. The bill clarifies that products made from the resin of the cannabis plant are legal for medical purposes under state law, including extracts, concentrates, oils, tinctures, and edible products, amongst others. AZ resident?

Legislation 176

Legislation Hemp Compliance Compliance 176

Cannabis Law Report

SEPTEMBER 12, 2021

NCUA’s Rodney Hood said at the PBC Conference that he’s “concerned that the legal and regulatory infrastructure surrounding the cannabis industry is not evolving quickly enough,” and congressional inaction is largely to blame. He also said that he feels legalization at the federal level is an inevitability. Read full article.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

JUNE 22, 2022

Confused by the legal status of Delta-8? Delta-8 is a legally complicated derivative of the Cannabis Sativa plant. The complicated process of deriving Delta-8 THC and the frenetic pace of hemp regulatory frameworks trying to keep up with changing laws causes many lawyers and business owners alike legal heartburn. or less.” [4]

Banking 52

Banking Hemp THC Cannabinoids 52

SpeedWeed

MARCH 20, 2021

State-legal cannabis companies aren’t stashing large stacks of cash behind walls or rubber-banded bankrolls in hidden vaults. billion of legal cannabis sales in the U.S. billion of legal cannabis sales in the U.S. But those banks are not the “national associations” of the world. Shannon Price | Adobe Stock.

Banking 52

Banking Compliance Compliance Cannabis 52

SpeedWeed

MARCH 18, 2021

State-legal cannabis companies aren’t stashing large stacks of cash behind walls or rubber-banded bankrolls in hidden vaults. billion of legal cannabis sales in the U.S. billion of legal cannabis sales in the U.S. But those banks are not the “national associations” of the world. Shannon Price | Adobe Stock.

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. billion of legal cannabis sales in the U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. billion of legal cannabis sales in the U.S.

Banking 52

Banking Legislation Safety Access 52

Canna Law Blog

FEBRUARY 17, 2023

My queries are in bold and the unedited text that was generated by ChatGPT follows: What are the greatest political challenges to legalizing marijuana at the federal level? Legalizing marijuana at the federal level in the United States is a complex political issue, and there are several challenges that need to be addressed.

Banking 80

Banking Legalization Business Cannabis 80

Cannabis Law Report

OCTOBER 28, 2021

Aaron Pelley writes… It’s easy to get excited about the cannabis industry when you hear that legal cannabis sales in the U.S. You could be looking at hundreds of thousands to millions of dollars for: initial operating licenses, ongoing compliance expenses, property purchases or leases, equipment, advertising, security.

Banking 52

Banking Law Business 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. Similarly, activists in Arizona are attempting to qualify a 2020 legalization ballot initiative. Click here to email your lawmakers in support of legalization. CO resident? Connecticut. CT resident?

Legislation 133

Legislation Hemp Patients Compliance 133

Cannabis Law Report

JUNE 28, 2022

The Perils of Cannabis Transport Without Legal Advisement. Even in a legal state like Colorado, there can be fines attached to the possession of marijuana products at the airport. There is tremendous confusion about hemp-derived products, such as CBD, and whether they are legal. By Robert Hoban.

Legalization 52

Legalization Supply Chain Hemp Cannabis 52

SpeedWeed

JULY 17, 2021

RELATED: Senate Trio Unveils Federal Cannabis Legalization Draft With Provisions to Deschedule, Tax and Regulate. This thoughtful and comprehensive draft represents an historic step on the path to federal cannabis legalization. This is a draft bill,” Schumer said. “We We intend to show it to all of the stakeholders. Littlejohn.

Legalization 52

Legalization Banking Legislation Cannabis 52

Canna Law Blog

APRIL 5, 2023

California has no shortage of issues with its legalized cannabis marketplace. And when I talk about enforcement, I’m not talking about throwing people in jail for violating the Medicinal and Adult Use Cannabis Regulation and Safety Act– that isn’t even really possible anymore under state law.

Banking 75

Banking History Dispensary Legalization 75

SpeedWeed

MARCH 19, 2021

State-legal cannabis companies aren’t stashing large stacks of cash behind walls or rubber-banded bankrolls in hidden vaults. billion of legal cannabis sales in the U.S. billion of legal cannabis sales in the U.S. But those banks are not the “national associations” of the world. Shannon Price | Adobe Stock.

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

APRIL 21, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. billion of legal cannabis sales in the U.S.

Banking 52

Banking Legislation Safety Access 52

SpeedWeed

APRIL 20, 2021

Cannabis banking reform deposited another decisive victory in the U.S. In the last Congress, the lower chamber overwhelmingly passed a standalone version of SAFE Banking in 2019, and then House members passed the measure two more times as part of federal coronavirus relief bills in 2020. billion of legal cannabis sales in the U.S.

Dispensary 52

Dispensary Banking Legislation Safety 52