Banking DEA Decriminalization Hemp 
The Blunt Truth
SEPTEMBER 3, 2020
Assembly Bill 1525 allows cannabis banking under California state law. A bill which would have set new rules for the hemp industry, was not passed. Since it faced opposition from hemp farmers and others in the cannabis industry, that may be for the best. The legislature approved two marijuana measures. the more act.
The Blunt Truth
DECEMBER 26, 2019
In February, we saw the first ever Congressional hearing on cannabis banking. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). In the world of hemp, marijuana’s straight-arrow cousin, the Department of Agriculture released guidelines for importing hemp seeds.
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The Blunt Truth
OCTOBER 22, 2019
As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. such as bhang, ganga, charras, Indian hemp, dagga, hashish, and cannabis resin. 1200 , The SAFE Banking Act, awaits a vote.
Cannabis Law Report
OCTOBER 22, 2019
As several states and foreign countries have enacted laws decriminalizing or legalizing marijuana for medicinal or recreational use, a fresh rush of reefer madness has overtaken the business world. such as bhang, ganga, charras, Indian hemp, dagga, hashish, and cannabis resin. 1200 , The SAFE Banking Act, awaits a vote.
Canna Law Blog
NOVEMBER 16, 2021
This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)). The enforcement role moves from DEA to ATF.
Cannabis Law Report
AUGUST 5, 2021
Regulatory authority would move from the DEA to the FDA, but also the ATF and the Alcohol and Tobacco Tax and Trade Bureau (TTB). Hemp- Hemp would still be an exception to the definition of “cannabis” for regulatory purposes, and regulations would be developed to allow inadvertently “hot” product to pass to a proper cannabis facility.
Canna Law Blog
MAY 5, 2022
Part two in this series will cover the SAFE Banking Act, the Medical Marijuana Research Act, the Cannabidiol and Marihuana Research Expansion Act, and the Hemp Advancement Act. Like Nadler’s bill, the States Reform Act would decriminalize cannabis federally and defer cannabis regulation to the states, just like alcohol.
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