Cannabis Law Report

JUNE 4, 2021

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. What are some of the issues that impact an MSO’s ability to access banking? Why MSOs face unique banking challenges. What are multi-state operators?

Banking 87

Banking Supply Chain Dispensary Business 87

MassRoots

AUGUST 3, 2020

Home cultivation remains illegal for the more than 4,000 registered medical marijuana patients. Only two facilities are allowed to cultivate medical cannabis for the entire state, and only nine pharmacies are licensed to distribute it to patients. Federal Law: SAFE Banking Act. House Bill 819. House Bill 418. House Bill 211.

Programs 124

Programs Banking Marijuana Conditions 124

NORML

JANUARY 19, 2020

Send a message to your lawmakers in support of legalization. Legislation is pending, House Bill 1648, to remove all criminal and civil penalties for the use, possession, and cultivation of marijuana by adults. Send a message to your lawmakers in support of home cultivation rights. FL resident? New Hampshire. NH resident?

Legislation 252

Legislation Decriminalization Access Patients 252

PrestoDoctor

APRIL 26, 2021

Even with growing marijuana for personal and medicinal reasons has been legalized in many places in the USA it can still be a daunting task to buy marijuana seeds. These are our picks for the best seed banks in no particular order: Marijuana Seeds NL (MSNL). Often known as the original seed bank and well known in the market.

Banking 52

Banking Cultivation Seed-To-Sale Marijuana 52

PrestoDoctor

APRIL 26, 2021

Even with growing marijuana for personal and medicinal reasons has been legalized in many places in the USA it can still be a daunting task to buy marijuana seeds. These are our picks for the best seed banks in no particular order: Marijuana Seeds NL (MSNL). Often known as the original seed bank and well known in the market.

Banking 52

Banking Cultivation Seed-To-Sale Marijuana 52

The Cannigma

OCTOBER 10, 2021

Medical: legal Recreational: illegal. In July, 2017, a joint ministerial decision between the Ministers of Health and Justice legalized medical marijuana in Greece, and changed the classification of cannabis from a Table A drug to a Table B drug. A survey carried out in 2004 found that 8.6%

Legalization 97

Legalization Seed-To-Sale Cultivation Patients 97

Connor & Connor PLLC

MAY 12, 2025

With the rapid expansion of the cannabis industry, entrepreneurs face a range of legal and regulatory hurdles that can make the process daunting. One of the most significant legal hurdles in the cannabis industry is dealing with land use and zoning regulations. Starting a cannabis business can be both exciting and challenging.

Business 52

Business Compliance Compliance Retail 52

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 185

Legislation Decriminalization Hemp Patients 185

NORML

APRIL 5, 2019

This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. Governor Leon Guerrero (D) of Guam signed cannabis legalization legislation into law. California. CA resident?

Legislation 203

Legislation Banking Hemp Compliance 203

Illinois News Joint

DECEMBER 17, 2024

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. EXPANDING ACCESS Too many consumers do not have easy access to legal cannabis dispensaries.

Legalization 98

Legalization Dispensary Programs Hemp 98

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. WASHINGTON – Senate Banking Committee Chairman Mike Crapo (R-Idaho) is inviting public feedback on ways to address public health and money laundering concerns with cannabis banking.

Banking 71

Banking Legalization Safety Research and Development 71

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. MD resident?

Legislation 186

Legislation Patients Access Seed-To-Sale 186

Veriheal

JANUARY 12, 2022

The news, which was officially announced in a letter, confirmed that the bank would no longer be granting new acquisitions or “short” positions in cannabis-focused businesses. Marijuana Related Businesses,” reads an excerpt from the bank’s letter, which was addressed for the attention of its clients. Since Nov.

Banking 105

Banking Business Cannabis Recreational 105

Veriheal

OCTOBER 22, 2021

Most New Yorkers can now safely indulge in cannabis without fear of being fired, Bank of America is under fire for closing the account of an authorized cannabis research institute, and proposed legislation could help Washington, D.C. Bank of America Closes Account of DEA-Approved Cannabis Researcher. if enacted.

Banking 105

Banking DEA Recreational Packaging 105

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. IL resident?

Legislation 189

Legislation Hemp Compliance Compliance 189

The Blunt Truth

FEBRUARY 20, 2020

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The big news this week is that Alabama is considering a bill that would legalize medical marijuana in the state. In Connecticut, marijuana legalization is supported by a “higher authority.”

Banking 102

Banking Decriminalization Legislation Collective 102

Veriheal

SEPTEMBER 14, 2020

Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis. Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis. Medical marijuana was legalized in Pennsylvania back in 2016 and went into effect in 2018.

Recreational 98

Recreational Legalization Seed-To-Sale Pharmaceutical 98

Illinois News Joint

JANUARY 22, 2023

As part of our weekly discussion with ChatGPT: Optimizing Language Models for Dialogue , we asked why are legal cannabis prices in Illinois so damn high. The reason for this can be traced back to the regulations and limited cultivator licenses put in place by the state government.

Cultivation 98

Cultivation Banking Access Dispensary 98

PrestoDoctor

AUGUST 1, 2022

Marijuana banking options are limited for many entrepreneurs despite the fact that several thirty-six states legalize medical marijuana use. Thanks to a recent cannabis banking bill that has passed in Pennsylvania, cannabis-related businesses now have the right to use financial institutions and insurance for their businesses.

Banking 52

Banking Law Marijuana Compliance 52

SpeedWeed

FEBRUARY 15, 2019

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Legal but not Bankable. Most Americans live in states where marijuana is legally available in some form.

Banking 53

Banking Dispensary Safety Seed-To-Sale 53

The Blunt Truth

APRIL 18, 2019

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The Governor has signed a bill lifting the ban on medical marijuana cultivation. ” Although former Vermont governor, Howard Dean, had previously opposed legalizing cannabis, he’s now a fan.

Banking 83

Banking Cultivation Business Legalization 83

Veriheal

DECEMBER 7, 2022

With the plant’s legal status confined by the federal Controlled Substances Act (CSA ) boundaries, cannabis stores are still operating illegally. Based on federal law, anyone who cultivates, sells, consumes, possesses, distributes, or transports the plant will face criminal prosecution in federal court. What’s more, Gov.

Business 104

Business Banking Advocacy Cannabis 104

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

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 151

Legislation Hemp Patients Compliance 151

The Blunt Truth

JUNE 30, 2023

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. We note that SAFE Banking is still a topic of conversation on Capitol Hill, and that cannabis made an appearance in this year’s National Defense Authorization Act. We’ll have a report next week on how the market launch unfolds.

Banking 98

Banking Retail Topical Legalization 98

Veriheal

OCTOBER 7, 2020

COVID-19 has affected the relationships being cultivated between cannabis businesses and banks. Banks love the green, they love businesses that grow and continue to bring in more green UNLESS that green has anything to do with a plant called cannabis. The Pandemic Plays a Bigger Part Between Banks and Cannabis Businesses.

Banking 52

Banking Business Hemp Cannabis 52

Veriheal

JANUARY 5, 2021

The promise of a developing cannabis industry is one of the strongest points in favor of cannabis legalization, both at the state and federal level. Not only would an expanded cannabis industry create jobs, but it would also funnel more money into states who choose to legalize. The Benefits of Unionization Under State Law.

Cultivation 52

Cultivation Agriculture Business Cannabis 52

Cannabis Law Report

MARCH 16, 2020

Here’s the introduction to their piece………… Saint Vincent and the Grenadines has started its long-awaited cannabis cultivation amnesty program, a major move to pivot cultivators of illicit cannabis into the legal industry. Click the links below to view: Cannabis Cultivation (Amnesty) Bill, 2018.

Cultivation 45

Cultivation Programs Banking Packaging 45

Cannabis Law Report

DECEMBER 4, 2019

Despite the 2018 US Farm Bill clearly permitting financial transactions in the hemp industry, many banks and other financial institutions have been slow to participate, blaming their fear of the risk of federal regulatory crackdowns.

Banking 45

Banking Hemp Advocacy Business 45

NORML

FEBRUARY 8, 2019

House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. Legislation is pending, Senate Bill 182, to re-legalize the inhalation of herbal cannabis formulations for medical purposes. Click here to email your lawmakers in support of legalization. A subcommittee of the U.S.

Legislation 190

Legislation Decriminalization Patients Access 190

NORML

FEBRUARY 1, 2019

Governor of Pennsylvania, is beginning a state-wide listening tour to find out where PA residents stand on cannabis legalization. Legislation is pending, AB 286, to temporarily reduce tax rates imposed on the retail sale and commercial cultivation of cannabis. Click here to email your lawmakers in support of banking access.

Legislation 179

Legislation Decriminalization Access Patients 179

Otherside Farms

FEBRUARY 14, 2019

Is CBD Legal? Even during the Second World War it was so important to the military that farmers who cultivated it and their children were exempt from military service. According to New Frontier Data, a cannabis market research firm, “Federal legalization could triple the global hemp market to 2.5 billion dollars by 2022, with 1.3

CBD 65

CBD Legalization Hemp Chronic Pain 65

MJ Business Attorneys

FEBRUARY 14, 2023

The current economic uncertainty, coupled with stifling regulations, price compression , lack of access to capital, and restrictive banking options are increasing distress and making disputes between business partners more common. The applicable licenses for dispensaries and cultivation facilities are tied to a particular location or address.

Business 130

Business Banking Cannabis Legislation 130

Cannabis Law Report

JUNE 28, 2021

Raich – may now be useless from a legal standpoint because the federal government has taken a hands-off approach to the modern marijuana industry, effectively rendering its own prohibition meaningless. He also pointed out inconsistencies in banking practices due to federal prohibition. 20-645_9p6b. 20-645_9p6b. MJ Biz reports.

Cultivation 59

Cultivation Legalization Marijuana Law 59

Cannabis Law Report

DECEMBER 16, 2021

Though it wasn’t quite THE year we may have hoped for in cannabis news (hello, federal legalization?!), AB 45: California hemp legalization. As we’ve previously discussed ( here and here ), this bill legalized CBD in food, beverages, cosmetics, dietary supplements and pet food in California. it’s what we got.

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. “ The marijuana industry will soon be exploding in New Mexico , and it is important to have banking safeguards to mitigate illicit and criminal conduct. ALBUQUERQUE, N.M. , Dec. Department of Treasury and FinCEN.

Banking 52

Banking Hemp Compliance Compliance 52

Canna Law Blog

JANUARY 11, 2020

Hemp is legal. The international market is taking form and access to banking services is expanding. The industry consensus is that the total THC requirement is impractical and likely devastating to cultivators and, therefore, to every business in the hemp supply chain. percent demarcation to have legal significance.

THC 124

THC Hemp Supply Chain Concentrates 124