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The Week in Weed: September 29, 2023

The Blunt Truth

The big news this week is that, for the first time ever, a cannabis bill, the SAFER Banking Act, got a markup in the Senate. SAFER BANKING Although the SAFE Banking Act has passed multiple times in the House of Representatives, it’s never gotten out of committee in the Senate. Spoiler alert: the two don’t mix.

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New Hemp Testing Guidelines Make Meeting 0.3% THC Limit Difficult

Medicinal Genomics

Including THCA in Total THC Number. THC requirement. Some states took that literally and would only use the THC value for evaluating whether the plant met the requirement. Some states took that literally and would only use the THC value for evaluating whether the plant met the requirement. New Sampling Guidelines.

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NORML: DEA Reports Significant Uptick in Marijuana-Related Seizures, Arrests

Cannabis Law Report

Lack of access to banking services and capital, high barriers to entry into legal cannabis markets, and exorbitant tax rates at all levels of government are clearly hampering the ability of licensed cannabis businesses to compete with the unregulated market.

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Frost Brown Todd: Take Heed: FDA & CDC Release Health Alerts About Delta-8 THC

Cannabis Law Report

The FDA and CDC each issued warning notices to the public regarding delta-8 THC products on September 14, 2021, many of which are marketed as hemp products (and include some non-obvious references to other novel cannabinoids that may have similar effects and marketing). Delta-8 THC has psychoactive and intoxicating effects.

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The Week in Weed: March 6, 2020

The Blunt Truth

Lawmakers wrestled with the issue of capping THC content in medical marijuana for those patients under the age of 21. The Department of Agriculture delayed a requirement that the DEA conduct all THC testing on hemp crops. STATE NEWS. To cap or not to cap, that was the question facing the state of Florida this week.

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The Year in Weed: 2019 Edition

The Blunt Truth

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). On to July, when the Senate Banking Committee had a hearing on cannabanking. The Senate failed to take action on the banking bill.

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US Hemp Roundtable Responds To USDA’s Interim Final Rule on Hemp

Cannabis Law Report

Miller identifies the Rule’s highlights: It signals to banks and credit card companies that the hemp and CBD industry are legal and open for business. THC threshold for negligence is arbitrary and inconsistent with federal law. Its repeated shoutouts to the DEA raises concern of inappropriate enforcement actions.

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