Cannabis Law Report

SEPTEMBER 30, 2021

.–(BUSINESS WIRE)– #cannabisbanking –NatureTrak, the leading compliance and risk management solution for financial institutions serving the cannabis industry, today announces its newest customer, Southwest Capital Bank.

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

AUGUST 20, 2022

CRCC’s paper, published by the Ohio State University (OSU) Moritz College of Law, is titled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act.”. Cannabis Program Manager, City of Portland, Oregon; Chair, Cannabis Regulators of Color Coalition; and Adjunct Professor, LIM College.

Banking 52

Banking Access Research and Development Policy 52

SpeedWeed

APRIL 2, 2021

Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.

Compliance 52

Compliance Compliance Media Data 52

Cannabis Law Report

SEPTEMBER 14, 2021

Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, today announced its partnership with Green Check Verified (GCV), the top provider of cannabis banking solutions for financial institutions.

Banking 52

Banking Compliance Compliance Business 52

SpeedWeed

MARCH 18, 2021

This is notable because it is thought to be the first time US regulators have publicly called out a financial institution for compliance issues connected to the cannabis industry. Cannabis and Banking. This serves as a warning to the banks and credit unions who do already work with the cannabis industry. All over the U.S.,

Banking 52

Banking Compliance Compliance Access 52

Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. This honor is part of a financial services certification program overseen by the Policy Center for Public Health & Safety (PH&S) in collaboration with state attorneys general. . ALBUQUERQUE, N.M. , Dec.

Banking 52

Banking Hemp Compliance Compliance 52

Cannabis Law Report

OCTOBER 28, 2021

Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses. Valley is one of the largest national banks serving multi-state cannabis-related business operators. NJB News reports. ON OCT 27, 2021.

Banking 52

Banking Compliance Compliance Programs 52

Canna Law Blog

DECEMBER 5, 2019

The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Banking 64

Banking Hemp Compliance Compliance 64

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

Cannabis Law Report

AUGUST 30, 2021

provide free electronic payments within-network, powerful integrated banking capabilities, and automated compliance. I started my professional career in finance, at an investment banking firm but quickly launched my own venture capital fund. Confia enables cannabis supply chains to flow efficiently.We Mark Lozzi.

Banking 105

Banking Compliance Compliance Supply Chain 105

Cannabis Law Report

OCTOBER 31, 2019

Law Firm Manatt, Phelps & Phillips, LLP writes… The Cannabis Banking Guidance from California’s Department of Business Oversight (DBO) offers California-chartered financial institutions serving cannabis-related businesses assurances that the DBO will not bring enforcement actions based solely on such relationships. What happened.

Banking 45

Banking Compliance Compliance Policy 45

Cannabis Law Report

OCTOBER 26, 2021

NEW YORK–(BUSINESS WIRE)– Valley National Bank , a subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that it is creating a new digital payment platform designed specifically for cannabis-related businesses. Valley is one of the largest national banks serving multi-state cannabis-related business operators.

Banking 52

Banking Business Programs Compliance 52

SpeedWeed

APRIL 2, 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 Compliance Compliance Business 52

Cannabis Law Report

SEPTEMBER 6, 2019

This is what they say… The Green Flower Cannabis Compliance & Regulations Certificate Program will familiarize you with the laws and regulations that govern the cannabis industry in the United States, so you’ll be able to keep your organization, your team, and yourself out of trouble as your business matures.

Compliance 45

Compliance Compliance Education Legalization 45

Canna Law Blog

JANUARY 16, 2019

We represent a handful of banks (and a larger handful of credit unions), and we give those outfits advice on banking hemp and marijuana. A few of these clients are relatively nimble and bold, but at the end of the day they are still banks. We are optimistic that the hemp industry will have ample banking options.

Banking 72

Banking Hemp Environment Access 72

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. Phil Murphy’s Executive Order #6 tasking the DOH with reviewing all Medicinal Marijuana Program (“Program”) aspects to expand access and eliminate bureaucratic barriers. 24:6I-1, Et.

Programs 77

Programs Chronic Pain Marijuana Conditions 77

Cannabis Law Report

JULY 22, 2021

Solomon’s primary contributions to date include the development and rollout of an industry-leading compliance program and the optimization of staff and assets to support rapid market expansion. As Solomon begins his new role as CEO, previous managing partner Robert Simpson will be moving into an advisory role on the Company’s Board.

Banking 105

Banking Compliance Compliance Programs 105

Cannabis Law Report

JUNE 28, 2022

DENVER – June 23, 2022 – Denver Economic Development & Opportunity (DEDO) has launched a targeted entrepreneurial assistance program for aspiring cannabis business owners that is specifically designed to boost ownership among individuals disproportionately impacted by marijuana prohibition and enforcement.

Programs 52

Programs Access Business Banking 52

Cannabis Law Report

JUNE 22, 2019

Will hemp taint your banking relationship? . Many have setup legal entities and registered under their states’ regulatory programs as permitted growers but have hit a hurdle that most new businesses hop right over: opening a bank account. . PUBLISHER: CANNABIS LAW REPORT. THC when it is harvested and tested? .

Banking 45

Banking Hemp Business Agriculture 45

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. I’ve seen dispensary employees have their bank accounts shut down.

Banking 40

Banking Hemp Marijuana Events 40

Cannabis Law Report

NOVEMBER 18, 2021

Sahar Ayinehsazian is based in VS’s Los Angeles office, where she focuses her practice on cannabis banking, corporate transactions, and regulatory compliance. Jerrico Perez is based in VS’s Denver office, where she focuses her practice on administrative law, regulatory compliance, and licensing. View her full bio at [link].

Banking 96

Banking Compliance Compliance Law 96

The Blunt Truth

SEPTEMBER 10, 2019

Within its memorandum to members, the NCUA provided: 1) a summary of repercussions generated by the 2018 Farm Bill, 2) specific compliance program concerns with regard to the Bank Secrecy Act (BSA) and Anti-Money Laundering Act (AML), and 3) considerations under existing NCUA regulations for lending.

Hemp 78

Hemp Business Compliance Compliance 78

Cannabis Law Report

APRIL 25, 2022

monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. It also determines both outstanding U.S. It also determines both outstanding U.S.

Hemp 52

Hemp Banking Safety Compliance 52

NORML

JUNE 14, 2019

Another hearing is scheduled for Thursday, where the Veterans Affairs Committee will discuss various bills that are pending regarding medical cannabis programs and veterans access. Click here to email your lawmakers in support of compassionate care programs. Click here to email your lawmakers in support of banking access.

Legislation 151

Legislation Banking Access Hemp 151

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. 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. Andrew Brisbo. “I

Compliance 98

Compliance Compliance Topical Programs 98

Cannabis Law Report

AUGUST 10, 2022

– Thirty-seven states allow for medical cannabis use through state run programs. 1] The most recent state to pass legislation is Rhode Island, which authorized an adult use program. 1] The most recent state to pass legislation is Rhode Island, which authorized an adult use program.

Legalization 52

Legalization Banking Legislation Compliance 52

Cannabis Law Report

AUGUST 19, 2021

Regulatory and Operational Compliance Software Company as It Prepares to Launch the Cannabis Industry’s Most Compliant, Cyber-Secure B2B and Retail Consumer Payment Solution. Katz Brings 20 Years of POS, Fintech, Technology, Investment and Leadership Expertise to the.

Compliance 98

Compliance Compliance Retail Banking 98

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

MMJ Recs

MARCH 16, 2024

Effective supply chain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements. Moreover, ensuring product quality and safety throughout the supply chain is paramount to maintain patient trust and regulatory compliance.

Supply Chain 105

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

Cannabis Law Report

JULY 13, 2021

Every loyalty program you see is all about trying to get the customer loyal to the business but we built Liberty Wallet so we can be loyal to the customer as well.”. Liberty customers can download the Liberty Wallet app for free and connect it to their bank to purchase credits. Use credits in Liberty Wallet.

Banking 105

Banking Retail Programs History 105

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. JD Supra Release. The Joint Statement.

Hemp 59

Hemp Business Banking Agriculture 59

SpeedWeed

APRIL 2, 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.

Education 52

Education Banking Hemp Compliance 52

NORML

FEBRUARY 22, 2019

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. Legislation is pending, Senate Bill 8, as well as Senate Bill 598, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.

Legislation 181

Legislation Hemp Compliance Compliance 181

Canna Law Blog

MARCH 11, 2022

Numerous states that have legalized marijuana have adopted some form of social equity programs. These programs are not without critics ). See How New York Cannabis Legalization Prioritizes Equity , New York Cannabis: $200 Million for Social Equity. Their success or lack thereof is a subject of much debate.

Retail 79

Retail Policy Banking Programs 79

Canna Law Blog

AUGUST 2, 2022

Inflation is taking a toll on everything from wages to investment, and the classic struggles around taxation, banking, etc. Licensees only recently enjoyed enforcement reform gains at the legislative level , as well as administrative programs like “ fix it or ticket ” and Verification of Compliance (VOC). continue unabated.

Environment 77

Environment Compliance Compliance Policy 77

Cannabis Law Report

SEPTEMBER 10, 2019

Within its memorandum to members, the NCUA provided: 1) a summary of repercussions generated by the 2018 Farm Bill, 2) specific compliance program concerns with regard to the Bank Secrecy Act (BSA) and Anti-Money Laundering Act (AML), and 3) considerations under existing NCUA regulations for lending.

Hemp 45

Hemp Business Compliance Compliance 45

SpeedWeed

JULY 5, 2021

Green Check Verified is a leading provider of cannabis banking solutions and expert advisory services for financial institutions. Verified transactions get a green check and the money can enter the US banking system. And with new states launching cannabis programs, Green Check Verified is well-positioned for growth in the future. .

Media 52

Media Banking Research and Development Compliance 52