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SAFE Banking CAOA, and MORE: Is Rhe Industry Ready For What’s Coming

Cannabis Law Report

It’s been a busy few weeks in Washington DC for cannabis : the House Judiciary Committee approved the MORE Act, the SAFE Banking Act got attached to the National Defense Authorization Act, and Senators Schumer, Wyden, and Booker are still garnering support for the Cannabis Administration & Opportunity Act.

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Wednesday 6 February 2019 – State By State Digest: Federal, Iowa, Mississippi, Ohio, Oregon, Texas

Cannabis Law Report

Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Party leaders are also laying the groundwork to vote on a marijuana banking bill soon, Marijuana Moment has learned. Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Mississippi lawmakers reject move to let farmers grow hemp.

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Thursday 28 March – State By State Digest: Connecticut, Florida, Guam, Iowa, Minnesota, New Jersey, Texas, West Virginia

Cannabis Law Report

Minor marijuana possession offenders will no longer be criminally prosecuted in Hennepin County, Minnesota, according to a new policy announced last week by County Attorney Mike Freeman. Under the policy, prosecutors will not criminally charge anyone for marijuana offenses involving the possession of up to 100 grams of cannabis.

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Yes, Washington, You Really Need Cannabis Business Insurance

Canna Law Blog

For those who enjoy a bit of historical grounding , the first business insurance policies in the U.S. Landlords with a mortgage will often be required to procure insurance for their real estate by their bank. Do not take what is on the front page of the policy at face value. Washington requires Y to be at least $1,000,000.

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Friday 22 March – State By State Digest: Federal, Arkansas, Florida, Hawaii, Massachusetts, New Jersey, New York, Rhode Island, Tennessee

Cannabis Law Report

House Committee to Vote on Cannabis Banking Bill Next Week. But since the bill was finalized Monday night, many lawmakers are concerned they haven’t been given enough time to thoroughly digest and assess its major points. “This policy will stifle the illicit market,” Manni said. NASHVILLE, Tenn.

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The Cannabis Sector’s Leading Regulatory and Operational Compliance Software Company Expands Footprint with Launch of Simplifya Market Guide

Cannabis Law Report

Policy Movement. Banking Guidance. Regulations are constantly changing, making it even more challenging for not only owners and operators, but also banks, financial institutions, insurers, law firms and other ancillary businesses, to stay on top of the latest regulatory requirements. Governing Authority. License Caps.

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Saturday 10 February – State By State Digest: Federal, Arizona, Hawaii, Illinois, Ohio, Oregon

Cannabis Law Report

The hearing is the first of the new Congress to address federal cannabis policy. It will cover the challenges that cannabis businesses face in securing accounts and credit lines from banks that are wary of taking on clients with ties to a federally banned substance. Read on at. Barr’s nomination now heads to the full U.S.