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. Governor Ron DeSantis (R) of Florida signed legislation into law to restore patients’ right to smoke medical cannabis. Under state law, adults face civil penalties for minor marijuana possession offenses.

Legislation 136

Legislation Hemp Patients Compliance 136

Cannabis Law Report

SEPTEMBER 26, 2021

What has evolved in the policy gap with federal law over the past decade is a patchwork of state-sanctioned fiefdoms where cannabis markets have largely developed locally and extend just to the border. Two in three Americans live in a state that has approved the sale of recreational weed.

Legalization 52

Legalization Decriminalization Banking Policy 52

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

Banking 71

Banking Hemp Agriculture Seed-To-Sale 71

SpeedWeed

MARCH 6, 2021

Mike Crapo (R-ID), then chair of the US Senate banking committee, indicated he was considering a 2% THC cap on cannabis products produced or sold by businesses that want secure financial services under the SAFE Banking Act, which is still in motion. That cap was quickly abandoned and the law was amended,” Armentano noted.

THC 52

THC Patients Law Chronic Pain 52

NORML

FEBRUARY 22, 2019

At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. Arizona Governor Doug Ducey signed legislation into law this week permitting the production of industrial hemp in accordance with the new federal regulations. AZ resident? Connecticut. CT resident?

Legislation 179

Legislation Hemp Compliance Compliance 179

Cannabis Law Report

MARCH 13, 2019

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. Hemp is legal in all 50 states, while cannabis is currently illegal under Federal law. CONTINUE READING. CONTINUE READING.

Hemp 71

Hemp Business Banking Concentrates 71

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. MT resident?

Legislation 162

Legislation Hemp Compliance Compliance 162

Canna Law Blog

SEPTEMBER 21, 2022

Among the problems marijuana businesses face such as lack of access to banking and onerous taxation stemming from IRC 280E is the lack of access to bankruptcy proceedings. A short time later, Michigan decriminalized marijuana, which increased competition, and caused the business to fail. Chapter 7 Bankruptcy.

Marijuana 66

Marijuana Business Access Decriminalization 66

Cannabis Law Report

JUNE 26, 2022

1 Despite what would appear to be increasingly lawful access to cannabis, it is still classified by U.S. law as a Schedule I Controlled Substance, 2 which means that its possession, sale or use is prohibited by federal law, even in those states whose laws have decriminalized the use of cannabis.

Research and Development 52

Research and Development Education Programs Policy 52

Canna Law Blog

MAY 1, 2022

These proposals range from limited decriminalization measures to comprehensive, adult use licensing. These taxes are an easy sell to voters and politicians: the revenues help defray program costs, and can also be allocated to the public weal via police, schools, drug policy initiatives, etc. Talk about laboratories of democracy.

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Supply Chain Programs Cannabis Business 82

Cannabis Law Report

APRIL 13, 2022

Indeed, just days before the approval of New York’s Budget, the House of Representatives voted to decriminalize marijuana, and Senator Schumer indicated he would be introducing a similar bill in the Senate later this month. However, New York’s Tax Law does not conform to the Code in all respects. Section 280E.

Business 52

Business Cannabis Law Decriminalization 52

Cannabis Law Report

JANUARY 7, 2019

That lets us dispense, to use another pun, with all the areas where cannabis enjoys not-quite-official status – no-enforcement zones, decriminalized areas, and so on. Cryptocurrencies have demonstrated, via their blockchain technology, that they present a viable alternative for folks unwilling or unable to secure traditional banking accounts.

Banking 40

Banking Cannabis Legalization Dispensary 40

Cannabis Law Report

JANUARY 10, 2020

One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level. Documentation of expenses can be difficult since banks do not want to be seen aiding and abetting federally illegal activity, but it is not impossible to keep good records. Know your local laws.

Marijuana 45

Marijuana Business Decriminalization Legislation 45

NORML

MARCH 29, 2019

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. House Judiciary Committee.

Legislation 167

Legislation Decriminalization Hemp Patients 167

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 Michelle Lujan Grisham (D) of New Mexico signed cannabis decriminalization legislation into law.

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Legislation Banking Hemp Compliance 188

Medical Marijuana Program Connection

JULY 24, 2023

var mantis = mantis || []; mantis.push(['display', 'load', { property: '5bbb53a2bcafb20075d8dc64' }]); Cajibio (CNN) — On a recent Friday morning, about 200 coca and marijuana farmers gathered in the small…

Marijuana 52

Marijuana Legalization Agriculture Safety 52

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. v This coincided with changes in enforcement policy from the U.S. This continues to create challenges for marijuana businesses, including access to the payment and banking systems. Conclusion.

Banking 59

Banking Marijuana Collective Recreational 59

NORML

JUNE 23, 2019

New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. Governor Kate Brown (D) signed legislation into law to to automatically conduct a review of past misdemeanor cannabis convictions, and to “set aside” offenses that are no longer a crime under state law.

Legislation 188

Legislation Hemp Decriminalization Agriculture 188

Cannabis Law Report

FEBRUARY 3, 2022

The bill aims to provide reparations to communities most often targeted by law enforcement, by giving grants to local organizations that provide wealth building services for targeted communities. The legislation is currently sponsored by nearly 30 state legislators and has staunch support from the cannabis industry.

Banking 52

Banking Legislation Hemp Programs 52

NORML

JUNE 28, 2019

Governor Janet Mills (D) of Maine signed legislation into law setting rules and regulations for the adult use cannabis market. Governor Chris Sununu (R) of New Hampshire signed legislation into law allowing physicians assistants to recommend medical cannabis to their patients. California. CA resident? DE resident? North Carolina.

Legislation 108

Legislation Access Decriminalization Patients 108

Veriheal

MARCH 29, 2022

Cannabis legalization, rescheduling, or decriminalization on a federal level in 2022 is an area where many people have high hopes. Of all of the states in America, only three—Idaho, Nebraska, and Kansas—still cling to outdated laws built on the foundation of racism and misinformation and remain fully illegal when it comes to cannabis.

Decriminalization 52

Decriminalization Banking Programs Recreational 52

Cannabis Law Report

MARCH 19, 2020

Local laws in most countries are regulated by the 1961 United Nation Single Convention on Narcotic Drugs , 1971 Convention on Psychotropic Substances and the 1988 Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances. In India, any investment made in the cannabis business, would be taxable.

Legalization 59

Legalization Banking Research and Development Nerve Pain 59

Cannabis Law Report

AUGUST 25, 2022

Yet, without reforms at the federal level, state lawmakers are left to implement their own, varying laws to address – or not to address – those issues. iii) investment in communities disproportionately impacted by the enforcement of laws criminalizing cannabis. A Tale of Two States. Florida: Stuck In Between.

Cannabis 52

Cannabis Programs Decriminalization Banking 52

Cannabis Law Report

AUGUST 30, 2019

US Senator Mike Crapo (R-ID) , chairman of the Senate Committee on Banking, Housing and Urban Affairs, expressed interest in addressing banking issues facing cannabis businesses operating legally in their states. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

Cannabis Law Report

DECEMBER 26, 2021

In 2018, he was elected to the board of the Prague 2 municipal district, and he serves as an advisor on the Prague City Council’s Commission for Drug Policy. But Veverka felt this decriminalization was far too limited. With ads from seed banks and grow shops, it took off fast.

CBD 52

CBD Cultivation Advocacy Cannabis 52

Cannabis Law Report

JUNE 25, 2021

From the South, McKay has a long history of business and civic involvement, serving on community and company boards including US Bank, The Daily Beast, Pike Place Market, Mary’s Place, Pilchuck School of Glass, and Seattle Opera. She trained a team including architects, engineers, and other construction professionals on new policy.

Research and Development 99

Research and Development Media Pets Medicine 99

Veriheal

FEBRUARY 15, 2022

In November 2021 Mace introduced legislation known as the States Reform Act with the hope of reforming cannabis-related laws at the federal level. Opens doors for cannabis banking services. Although cannabis reform bills have historically failed to pass both the House and Senate, Mace has some unlikely contenders in her corner.

Legalization 98

Legalization Legislation Cannabis Retail 98

Veriheal

DECEMBER 1, 2022

CRO Financial Services: The SAFE Banking Act. The SAFE Banking Act was introduced in 2019 and has passed the House seven times, but it still needs to make it to the Senate floor. Throughout the years, the SAFE Banking Act has been revised and is now referred to as the SAFE Banking Plus Act. The Drug Policy Reform Act.

Access 108

Access Banking Policy Legislation 108

NORML

FEBRUARY 8, 2019

Senator Ron Wyden introduced legislation in the Senate — The Marijuana Revenue and Regulation Act — to permit states to establish their own marijuana regulatory policies free from federal interference. House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week.

Legislation 175

Legislation Decriminalization Patients Access 175

The Cannigma

MARCH 12, 2021

There are no payment systems, there’s no banking and cannabis. And I wanted to talk about the prospect of a federal reform from various levels all the way up to full legalization or decriminalization on the federal level. So, for example, payment systems. MSO: It’s something that just struck me right now.

Legalization 128

Legalization Patients Education Dispensary 128

NORML

APRIL 26, 2019

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. AL resident? AL resident? AL resident?

Legislation 147

Legislation Compliance Compliance Hemp 147

The Blunt Truth

FEBRUARY 20, 2020

Meanwhile, in Virginia, both chambers of the state legislature passed decriminalization bills. Since the governor and the state’s Attorney General have expressed support for this move, it seems certain to become law. In Connecticut, marijuana legalization is supported by a “higher authority.” See you next week!

Banking 102

Banking Decriminalization Legislation Collective 102

Cannabis Law Report

APRIL 5, 2019

Since Oregon became the first state to decriminalize cannabis in the 1970’s, I have been working to correct the disconnect between federal cannabis policy and the needs and wishes of the American people. This is the highest profile legislation that has broad support on both sides of the capitol.

Banking 59

Banking Policy Legislation Decriminalization 59

NewsMunchies

DECEMBER 22, 2021

federal law as a Schedule 1 drug puts us far behind our international partners and scientific competitors, including the U.K., Most Americans have access to either medical or adult-use cannabis under state laws. Despite the liberalization of marijuana policies at the state level, the future of federal legalization is hazy.

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Law Marijuana DEA Legalization 89

SpeedWeed

MAY 14, 2021

The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. For too long, the federal government’s outdated cannabis policies have stood in the way of both individual liberty and a state’s 10th Amendment rights.

Decriminalization 52

Decriminalization Legislation Banking Policy 52

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”)). Age limits (21). Federal Alcohol Administration Act control.

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DEA Business Banking Food 88

Cannabis Info

OCTOBER 2, 2019

laws, we’ve obtained your again with an outline of the state of authorized. In January 2018, Vermont grew to become the ninth state to legalize cannabis and the first to take action by laws — however their regulation included no stipulations for establishing authorized dispensaries. This can be a rising. cannabis at this time.

Legalization 45

Legalization CBD Decriminalization Banking 45