Cannabis Law Report

JULY 6, 2022

Dafna Revah, co-founder and co-owner of cannabis dispensary CBD Kratom, had a lot of explaining to do when her bank referred her to a record keeper willing to provide her company with a 401(k) plan. ” None, she repeatedly explained, had Delta-9 THC, the cannabinoid that is illegal under federal law. ” Ms.

Legalization 52

Legalization Tincture Banking Edibles 52

Otherside Farms

FEBRUARY 25, 2019

A few decades ago, you couldn’t open a cannabis dispensary in any state without facing the wrath of the state laws. This is now a thing of the past in most states, thanks to the legalization of the sale and use of cannabis in these states. Your Dispensary Budget. Please read on. The Business Plan.

Dispensary 72

Dispensary Legalization Business Law 72

NORML

JANUARY 19, 2020

At the state level, a new decriminalization law took effect this week in Hawaii involving the possession of up to three grams of marijuana, as well as a procedure for expungement of past convictions for the same amount. Send a message to your lawmakers in support of banking access. CO resident? IN resident? NJ resident?

Legislation 245

Legislation Decriminalization Access Patients 245

The Herb Collective

APRIL 29, 2019

So, what should you know about California’s marijuana laws, and how do they impact on you? The laws have said that it’s here in the long-term. A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Here, we take a look at the important facts.

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Law Marijuana Banking Packaging 45

Cannabis Law Report

APRIL 14, 2022

Department of Justice agreed Wednesday to return all cash seized from an armored car company used by legal marijuana dispensaries during several traffic stops in California last year. Empyreal has always viewed ourselves as a partner to financial institutions and law enforcement,” said Empyreal CEO Deirdra O’Gorman.

Legalization 52

Legalization Dispensary Banking Law 52

NORML

MAY 31, 2019

Governor Jared Polis (D) of Colorado signed multiple cannabis reform bills into law that regulate cannabis delivery services and social consumption spaces, and reduce criminal penalties for the possession of large quantities of cannabis. Click here to email your lawmakers in support of banking access. AL resident? IL resident?

Legislation 110

Legislation Access Banking Hemp 110

Cannabis Law Report

JUNE 1, 2022

POSTED IN ALABAMA , MEDICAL MARIJUANA , STATE LAW DEVELOPMENTS. Beginning September 1, 2022, a person may apply to the commission for a license for an integrated facility or for a license as a cultivator processor, secure transporter, state testing laboratory or dispensary ( Ala. Hobbs on June 1, 2022. Elizabeth R.

Programs 52

Programs Banking Cultivation Patients 52

The Blunt Truth

SEPTEMBER 3, 2020

It’s been a busy week for the Golden State. Assembly Bill 1525 allows cannabis banking under California state law. No sooner did the state’s Department of Health publish new rules, than Trulieve started making them available in their dispensaries. The legislature approved two marijuana measures.

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DEA Banking CBD Edibles 98

Canna Law Blog

NOVEMBER 17, 2021

Like all things cannabis, the lawyer ethics part can be a morass— especially when you start looking at international law and the rules of various jurisdictions all around the world. law, and I’ll do a quick run-through of the ABA Model Rules of Professional Conduct (RPC) to help spot issues. regime previously on this blog.

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Cannabis Banking Oil Treatment 75

Cannabis Law Report

APRIL 23, 2019

AUTHOR: Dionne Kellier , Hoban Law Group. PUBLISHER: CANNABIS LAW REPORT. Dionne Kellier is Counsel to Hoban Law Group and an Attorney-at-Law licensed to practice in the State of Florida and Washington, D.C. If you wish to re-publish this story please do so with following accreditation. Dionne received her B.A.

Banking 45

Banking Marijuana Law Business 45

The Joint Blog

APRIL 14, 2020

“It’s one of several signs emerging from the virus outbreak of just how far ingrained marijuana has become in mainstream life in several states.” ” Dispensaries are being designated “critical businesses” and are allowed to operate through statewide stay-at-home orders.

Legalization 52

Legalization Marijuana Recreational Dispensary 52

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. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.

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Legislation Hemp Patients Compliance 136

Connor & Connor PLLC

MAY 11, 2018

In terms of insurance coverage, dispensaries are largely treated the same as any other business. Pursuant to state law, dispensaries are required to carry certain types of insurance. Unlike banking (which poses different challenges), there are no restrictions when it comes to marijuana businesses being insured.

Marijuana 56

Marijuana State Laws Banking Dispensary 56

NORML

MAY 24, 2019

Governor Jared Polis (D) of Colorado signed legislation into law that allows physicians to recommend medical cannabis for any condition for which an opiate would otherwise be prescribed. Click here to email your lawmakers in support of banking access. Update : SB 51 was approved by the Senate on 5/21/19, and now heads to the Assembly.

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Legislation Hemp Access Patients 168

NORML

MAY 17, 2019

Medical cannabis sales kicked off in Arkansas last Friday as the first dispensary opened its doors. Governor Jay Inslee (D) of Washington signed legislation into law to allow individuals with prior low-level cannabis convictions to apply to the sentencing court to have their record vacated. CA resident? ME resident? NV resident?

Legislation 136

Legislation Hemp Compliance Compliance 136

Cannabis Law Report

DECEMBER 12, 2019

Compliance with state laws is of little benefit when it comes to federal bankruptcy, banking, and tax codes. Usually this exclusion falls under §1129(a)(3) which bars any plan “forbidden by law.” The cannabis business-lessee was apparently in compliance with all applicable Washington State laws and regulations.

Compliance 59

Compliance Compliance Chronic Pain Banking 59

Cannabis Law Report

DECEMBER 16, 2021

The CDC promoted a policy that prohibits employees from using marijuana while on the job but recognized that a zero-tolerance policy for marijuana use may not be possible, depending on the relevant state law. While federal law limits the delta-9 THC content of hemp to not more than 0.3 1, 2023, under the new law.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

Cannabis Law Report

OCTOBER 27, 2019

PUBLISHER: CANNABIS LAW REPORT. . The Tax Court enforces federal tax laws. The Tax Court enforces federal tax laws. P is a California corporation that operates a medical marijuana dispensary legally under California law. 3) does not apply to marijuana businesses legally operated under State law. .

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State Laws Dispensary Business Policy 45

The Blunt Truth

FEBRUARY 7, 2019

Cannabis dispensaries are where it will start, but we expect to see cannabis roll out in a number of other franchised businesses as well, whether in retail (accessories, core products, ancillary products such as cosmetics and body rubs), or in restaurants , home health care , and pet care , for starters.

Banking 49

Banking Strains Business Pets 49

SpeedWeed

MARCH 10, 2021

Examples such as these underscore the importance of thoroughly researching the state law and local laws of a community before selecting one for your cannabis business. When people think of the cannabis industry, more often than not, their minds immediately jump to dispensaries. Retail dispensaries. Distribution.

Business 52

Business Banking Seed-To-Sale Research and Development 52

Cannabis Law Report

MARCH 19, 2020

We’ve already reported on Canada, San Francisco, Oregon & Amsterdam and medical cannabis dispensaries getting permission to stay open, the exemptions go wider. Retailers are still required to check a customer’s age under state law. Nyhoff stated that such businesses are essential health care operations.

Food 59

Food Dispensary Business Retail 59

Nature's Way Medicine

MARCH 5, 2021

The IRS commissioner Charles Rettig told the House Appropriations Financial Services and General Government Subcommittee that he would prefer if state-legal marijuana businesses would pay taxes electronically. Right now the businesses are unable to use banks and are paying cash to the federal government.

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Sleep Patients Cannabis THC 76

Marijuana Lawyer Blog

APRIL 15, 2019

Supreme Court had affirmed challenges to the federal law in part because deemed marijuana dangerous Schedule I drug. Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. Recently, the U.S. Call us at 714-937-2050.

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Policy Programs Banking History 45

Cannabis Law Report

JUNE 4, 2021

While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi state operators (MSOs) need to take the specific requirements of each state into account in every aspect of their business, from product types offered to how they bank.

Banking 87

Banking Supply Chain Dispensary Business 87

Connor & Connor PLLC

NOVEMBER 27, 2019

Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. Many of the dispensaries, especially in Nevada, are seeing their efforts pay off. How do I start a dispensary? 1] [link] ; [link]. [2]

Dispensary 69

Dispensary Retail Recreational Business 69

Cannabis Law Report

JULY 27, 2019

Denver-based ONE Cannabis and Florida-based Miracle Leaf each claim to be awarding franchises to catapult their growth, the former franchising cannabis dispensaries and the latter medical marijuana clinics. As a result, they may give short shrift to the legal consequences of awarding franchises without complying with franchise sales laws.

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Supply Chain Programs Business Retail 40

Cannabis Law Report

JANUARY 10, 2020

More and more states across the South are adopting medical marijuana regimes. One such pain for marijuana businesses is the tension between following state laws on a product that is still illegal at the federal level. Know your local laws. Various states have legalized marijuana in various ways.

Marijuana 45

Marijuana Business Decriminalization Legislation 45

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.

Legislation 188

Legislation Banking Hemp Compliance 188

Cannabis Law Report

AUGUST 6, 2019

PUBLISHER: CANNABIS LAW REPORT. cannabis climate requires brave, willing participants to maneuver carefully in accordance with the medical marijuana rules of engagement for each respective state. They are paying attention, slowly formulating bits and pieces of vital international, federal, and state public marijuana policy.

Marijuana 40

Marijuana Research and Development Programs Collective 40

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

Cannabis Law Report

OCTOBER 12, 2021

Venom Extracts’ product suite is a category leader in Arizona with over 4 million grams of cannabis sold in 2020, accounting for up to 30% of category sales state-wide (per BDS Analytics). Venom Extracts has strong brand recognition and distribution, with products in the vast majority of dispensaries in Arizona.

Extraction 52

Extraction Business Hash Events 52

WeedAdvisor

SEPTEMBER 18, 2019

Things are looking good for state medical and recreational dispensaries as a game-changing bill gains support in the U.S. According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Significant Outside Support. .

Banking 45

Banking Dispensary Legislation State Laws 45

Cannabis Law Report

JULY 27, 2021

Most recently, Marshall was CFO of Shryne Group – a multi-state operator in the cannabis industry with operations in California, Michigan, Washington and Nevada, with a combined 10 operating dispensaries and revenues in excess of $100 million. are subsidiaries of GABY and hold a cannabis license in the State of California.

Banking 76

Banking Retail Dispensary Compliance 76

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. Should you be worried about legal marijuana’s adverse consequences under federal immigration law? practicing law in the U.S.

DEA 51

DEA Banking Agriculture Law 51

The NM Political Report | Medical Cannabis Program

JUNE 14, 2022

Michelle Lujan Grisham signed the measure into law, she said in a press release that the bill could “make a real, meaningful difference” by eliminating copays for behavioral health services. Health plan coverage is a determination appropriately made by the OSI based on all applicable state laws.”

Patients 40

Patients Banking Cannabis Treatment 40

Cannabis Law Report

DECEMBER 1, 2019

Despite legalization in the majority of states, however, federal law (i.e., This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed.

Marijuana 59

Marijuana Business State Laws DEA 59

Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. The RSF assessment tool is designed to help OCC and a bank determine customer type for large risk analysis.

Business 52

Business Marijuana Safety Banking 52