Banking DEA Hemp Policy 
Cannabis Law Report
SEPTEMBER 29, 2021
Hemp Roundtable made a lot of national news noise – and it’s no wonder, given the all-star lineup that joined the Roundtable in its virtual DC “fly-in.” The membership subsequently met with the USDA’s new Hemp Work Group, and White House officials that serve the President on agriculture and drug control policy.
The Blunt Truth
MAY 15, 2020
The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. No word yet on any change in policy. SBA funds, however, are not. and finally.
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Cannabis Law Report
JULY 15, 2021
A few highlights included representing the Hemp Industries Association in the 2018 HIA v. DEA case, Bob Hoban’s advising of more than 30 countries on cannabis policy and crafting of CBD legal strategies, and the expansion of global offices in more than 10 countries. The cannabis industry is poised for sweeping change.
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.
Cannabis Law Report
AUGUST 5, 2021
State opt-out- States’ rights would be preserved with the authority of states to set their own marijuana policies and keep it illegal, but states would not be able to stop product from being transported through their state. There are no provisions on banking, but making cannabis legal should remove money laundering issues.
The Blunt Truth
AUGUST 1, 2019
Let’s start with the eagerly awaited hemp rules. In other federal news, the DEA has, yet again, not approved new suppliers of marijuana for research. Meanwhile, the state of Arizona is experimenting with a new procedure to get around the lack of banking services for marijuana companies. See you next week!
Cannabis Law Report
JUNE 27, 2022
The biggest news of the day (well, in our industry) is the Smokable Hemp ruling by the Texas Supreme Court (attached). Importantly, the Court left the injunction in place preventing the enforcement of the smokable hemp ban on retail sales! Smokable Hemp case Supreme Court. Now that we have this decision, strategy is in order!
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