Remove Banking Remove Consumption Remove Safety
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How a Lawyer Can Aid Cannabis Entrepreneurs in Starting and Growing their Business

Connor & Connor PLLC

Due to the federal status of cannabis, many traditional financing options, such as bank loans, are unavailable to cannabis businesses. Cannabis Research/Testing License: For labs involved in testing cannabis products for safety and quality. Cannabis Retail or Dispensary License: For businesses selling cannabis directly to consumers.

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Crapo’s Crap Statement On US Cannabis Banking, “I remain firmly opposed to efforts to legalize marijuana on the federal level, and I am opposed to legalization in the State of Idaho,”

Cannabis Law Report

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. Requests feedback on potential changes to address public health and safety issues. I also do not support the SAFE Banking Act that passed in the House of Representatives. .

Banking 71
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Weekly Legislative Roundup 2/22

NORML

Update : HB 2149 was approved by the Public Safety Committee on 2/20. Legislation is pending, House Bill 2980, to amend the Illinois Banking Act and the Illinois Credit Union Act in a manner that facilitates banks and other financial institutions to safely conduct transactions with licensed marijuana businesses. AZ resident?

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The Week in Weed: April 24, 2020

The Blunt Truth

Among the findings of the report: in some states where cannabis is still illegal, African-Americans are ten times more likely to be arrested than whites, even though consumption rates are practically identical. marijuana banking. Because it’s hard to get money from the federal government if you have no bank account to receive it.

Banking 101
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Weekly Legislative Roundup 3/22

NORML

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.

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Weekly Legislative Roundup 2/1/19

NORML

Click here to email your lawmakers in support of banking access. Update : The Criminal Justice and Public Safety Committee is holding a public hearing on HB 481 on 2/05/19 at 1:00pm, Reps Hall. Legislation is pending, Senate Bill 639, to allow the social consumption of cannabis by adults in licensed and regulated establishments.

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CBAI touts five years of cannabis legalization

Illinois News Joint

In the absence of federal banking standards for the cannabis industry, the Illinois Department of Commerce and Economic Opportunity (DCEO) has grant and loan programs to support small businesses, but its not sufficient to support needed growth. While the number of women and minority owners has increased in recent years, more can be done.