Cannabis Law Report

JANUARY 16, 2020

Now that Illinois has joined 10 other states and the District of Columbia in legalizing the recreational use and sale of marijuana, what can we expect from this new legislation? The other states where recreational marijuana has been legalized have done so through a referendum.

Law

Cannabis Law Report

SEPTEMBER 1, 2021

This prohibition stands in contrast to the 18 states that have “legalized” recreational cannabis use and the 37 states that have enacted laws regulating cannabis use for medical reasons. 10] Without bank accounts, these businesses must make tax payments in person, in cash, at regional IRS offices. Introduction.

Policy

The Blunt Truth

JUNE 6, 2019

We predicted last week that Illinois would be the next state to legalize recreational marijuana. The latest piece of cannabis banking (cannabanking?) news is that protections for banks serving the legal marijuana industry have made their way into a Congressional spending bill. We were right.

Banking

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. 1200 , The SAFE Banking Act, awaits a vote. The legal cannabis business is spreading like weeds. work here, or apply for a green card.

DEA

Cannabis Law Report

SEPTEMBER 29, 2021

Ed Perlmutter (D-CO) and Andy Barr (R-KY) all opined on the progress of the SAFE Banking Act legislation that they’ve been industriously working on; Reps. Many producers expressed concerns that the DEA’s interim final rule would criminalize the processing of hemp extracts. Ron Wyden (D-OR), Jeff Merkley (D-OR) and Reps. By Kyle Jaeger.

Hemp

Cannabis Law Report

APRIL 24, 2019

The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. For a number of reasons Congress must direct serious attention to whether a distinction should be made between medical and recreational use of cannabis.

Legalization

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. 1200 , The SAFE Banking Act, awaits a vote. The legal cannabis business is spreading like weeds. Emphasis added; footnotes omitted.).

DEA

Marijuana Packaging

SEPTEMBER 23, 2024

The plant itself, however, is legal for recreational purposes in Alaska, Colorado, Washington, Oregon, California, Nevada, Massachusetts, Maine and Washington D.C. Nonetheless, it remains illegal on a federal level with the DEA refusing to change the classification from the strictest Schedule I status last August.

DEA

Cannabis Law Report

JULY 30, 2019

Cannabis is not a “gateway” drug, according to the ASA and the DEA’s own statements cited in the August 2016 U.S. Florida is currently entertaining its own successful 2020 push for adult recreational legalization and medical expansion or overhaul. . Federal Register. . – Citations from U.S.

Marijuana

SpeedWeed

MARCH 7, 2021

It raised a lot of curiosity when the western states were the first to legalize recreational. Because back then, at the start, banking was a big issue and it was a whole cash only thing, and our finance people were like, how are we going to handle this?And Can you tell us a little bit more about their entrance and when they joined?

Extraction

Canna Law Blog

NOVEMBER 8, 2023

Indeed, just like when these states started licensing, cannabis is still on Schedule I of the Controlled Substances Act (CSA), 280E is still a nuisance, big banks still won’t bank cannabis money , and so on. I say “apparently” because HHS’s letter to DEA is redacted to the point of uselessness.

Legalization

The Blunt Truth

DECEMBER 31, 2020

Massachusetts decided that medical dispensaries could remain open, but recreational shops had to close. Senator Mitch McConnell (R-KY) objected to including cannabis banking in federal relief programs. Recreational shops reopened in Massachusetts. The DEA released an interim hemp rule that the industry hated.

DEA

SpeedWeed

JULY 15, 2021

The act would transfer agency functions with regard to cannabis from the Drug Enforcement Administration’s (DEA) jurisdiction to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Department of Health and Human Services (HHS) and the Department of the Treasury. .

Banking

SpeedWeed

JULY 15, 2021

The act would transfer agency functions with regard to cannabis from the Drug Enforcement Administration’s (DEA) jurisdiction to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Department of Health and Human Services (HHS) and the Department of the Treasury. .

Business

SpeedWeed

JULY 15, 2021

The act would transfer agency functions with regard to cannabis from the Drug Enforcement Administration’s (DEA) jurisdiction to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Department of Health and Human Services (HHS) and the Department of the Treasury. .

Banking

Veriheal

FEBRUARY 21, 2022

Empyreal operates in 28 states, acting as a cash courier for cannabis businesses and their banks. In California, cannabis is legal for both medical and recreational purposes, but cannabis is still illegal everywhere in America on a federal level. Without cause, San Bernardino County Sheriff’s deputies pulled the armored car over.

Dispensary

SpeedWeed

JULY 14, 2021

SAFE Banking’ no longer good enough. At a press conference announcing the bill this afternoon in Washington, DC, bill co-sponsor Cory Booker made it clear that federal legalization, with equity, would take precedence over previous partial efforts like the SAFE Banking Act. Take the DEA out of the cannabis law enforcement business.

Marijuana

Cannabis Law Report

DECEMBER 1, 2019

In addition, recreational marijuana is legalized in 10 states and the District of Columbia (see Exhibit 1 for details). the Controlled Substances Act of 1970) does not allow any trade or business in trafficking either medical or recreational marijuana. Connecticut currently legalizes medical marijuana but not recreational marijuana.

Marijuana

SpeedWeed

JULY 14, 2021

The act would transfer agency functions with regard to cannabis from the Drug Enforcement Administration’s (DEA) jurisdiction to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), the Department of Health and Human Services (HHS) and the Department of the Treasury. .

Packaging

NewsMunchies

DECEMBER 22, 2021

As of this writing, cannabis remains a prohibited Schedule 1 drug, defined by the DEA as having “no currently accepted medical use and a high potential for abuse.” . The past year saw several states legalize recreational cannabis, including New Mexico, New Jersey, Virginia and Connecticut. Since 2012, 18 states and Washington, D.C.,

Law

Cannabis Law Report

JUNE 27, 2022

The Drug Enforcement Administration (DEA) said in a letter that marijuana seed that has a delta-9-THC concentration of not more than 0.3% McKee signs adult-use cannabis measure into law, making the Ocean State the 19th to authorize “recreational” marijuana: [link]. It opposes the legalization of recreational marijuana.

Seed-To-Sale

Cannabis Law Report

SEPTEMBER 19, 2019

From where I am sitting, however, it seems highly unlikely that the same grey-haired Congress that hasn’t yet managed to pull it together on a simple banking bill is all of a sudden going to rise up and legalize the leaf nationwide as its Christmas gift to the nation. But, what really is the difference between hemp and marijuana?

Vaping

Canna Law Blog

OCTOBER 10, 2022

Then of course there is the DEA, which continues to maintain that marijuana is among the most dangerous substances known to humankind. (It It is almost as if the DEA has a vested interest in keeping marijuana illegal.) The War on Drugs has been boon for law enforcement, private prisons, and the prison-industrial-complex.

Marijuana

Cannabis Law Report

SEPTEMBER 20, 2019

They write… In this week’s edition: Plans to vote on cannabis banking legislation announced in both chambers of Congress, with predictions that House will pass the SAFE Act by the end of October. DEA increases the cannabis research quota. Idaho is the home state of Senate Banking Committee Chairman Mike Crapo.

Vaping

Canna Law Blog

AUGUST 14, 2023

Federal cannabis legislation isn’t going to happen Back in 2018, when California opened up for recreational cannabis licensing, all I heard was how federal cannabis legalization was around the corner. Just think about someone selling anabolic steroids with a state license but no DEA registration.

Law

Cannabis Law Report

MARCH 25, 2019

At the present time, state medical and recreational legalization have no impact on federal drug control laws. Although many states have chosen to legalize medical marijuana and four have legalized recreational use, such state actions continue to conflict with federal law. 1960), and the BSA. 18 U.S.C. §§ 1956-57, 1960; 3 1 U.S.C. §

Banking

MJ Business Attorneys

MAY 23, 2018

In the eight states that allow recreational marijuana use, and over two dozen states that authorize medical marijuana use, state and federal law are conflicting. ” Former DEA task force commander Charles Feldmann, marijuana business attorney, is your key to compliance. The tide is changing.

Marijuana

The Joint Blog

JUNE 2, 2020

Current Cannabis Law There are 22 states that legalize cannabis for its therapeutic benefits and 11 states and the District of Columbia fully legalize cannabis for recreational and medicinal use. You must be 21 or over to possess, purchase, or use recreational cannabis. Allow states to legalize recreational marijuana.

Decriminalization