NORML

APRIL 5, 2019

Senate Bill 45 would make this policy consistent for juvenile offenders. Legislation is pending, House Bill 2980 / Senate Bill 2023, to amend the Illinois Banking Act and the Illinois Credit Union Act in a manner that facilitates banks and other financial institutions to safely conduct transactions with licensed marijuana businesses.

Legislation 213

Legislation Banking Hemp Compliance 213

The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. No word yet on any change in policy. SBA funds, however, are not. and finally.

Banking 106

Banking Research and Development Programs Advocacy 106

Cannabis Law Report

AUGUST 12, 2021

Applications for medical marijuana dispensaries available for the first time since 2010, caregiver applications added to Office of Marijuana Policy’s electronic offerings. If appropriate for their business models, registered medical cannabis caregivers may choose to convert their registration type to dispensaries.

Marijuana 105

Marijuana Dispensary Programs Retail 105

Veriheal

AUGUST 14, 2023

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account.

Banking 98

Banking Dispensary Recreational Cannabis 98

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. MN resident?

Legislation 194

Legislation Patients Access Seed-To-Sale 194

Burns Levinson (Cannabusiness advisory)

APRIL 20, 2022

However, the legality is questionable, and as cashless ATMs may be violating the policies of major credit card companies, the method may soon be shut down. Tina Sbrega of Lighthouse Biz Solutions, and Cathy Corby Iannuzzelli of KindTap Technologies, will discuss their … Keep reading.

Events 89

Events Law Business Banking 89

SpeedWeed

FEBRUARY 15, 2019

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Here’s How Cannabis Companies Are Banking Legally on the Down Low. “We are all late,” Rep. .”

Banking 53

Banking Dispensary Safety Seed-To-Sale 53

WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.

Banking 49

Banking Advocacy Legislation Dispensary 49

WeedAdvisor

JUNE 10, 2019

If passed, this bipartisan bill would demolish an obstacle that has plagued banks and dispensaries alike. Due to the clashes between laws in legal states and federal laws – which maintain that marijuana is illegal – banks fear federal prosecution if they handle money from otherwise legal dispensaries. Banking Policies.

Banking 49

Banking Dispensary Legislation Decriminalization 49

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. New Hampshire.

Legislation 186

Legislation Hemp Compliance Compliance 186

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. It now awaits consideration by the U.S.

Legislation 196

Legislation Decriminalization Hemp Patients 196

NORML

FEBRUARY 1, 2019

At the state level, activists in Florida and Missouri gathered in their state capitals along side state and local NORML chapters to lobby state lawmakers in favor of sensible marijuana policy reform. Click here to email your lawmakers in support of banking access. John Fetterman, Lt. CA resident? Update : S. FL resident?

Legislation 183

Legislation Decriminalization Access Patients 183

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 196

Legislation Decriminalization Patients Access 196

Cannabis Law Report

JULY 1, 2021

The policy was updated last month to remove the ban, with some restrictions. Here’s what the previous policy said: . The new policy , which was updated on June 7, reads: . Apps that encourage consumption of tobacco and vape products, illegal drugs, or excessive amounts of alcohol are not permitted on the App Store.

Vaping 91

Vaping Consumption Policy Banking 91

Illinois News Joint

JULY 11, 2024

Over the study period, 59% of dispensary licenses were issued to minority- or women-owned businesses (compared to 21% for the medical cannabis market). This nuanced understanding calls for targeted policy interventions and support mechanisms to address the unique obstacles faced by M/WBEs in the cannabis sector.”

Data 105

Data Policy Banking Business 105

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

JUNE 21, 2021

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. The inability of these state-legal entities to bank their significant cash reserves is an issue of public safety. In Yellowstone County, two medical marijuana dispensaries were burglarized on the same day in March.”.

Banking 51

Banking Legislation Safety Dispensary 51

Cannabis Law Report

JULY 25, 2021

With banking options still difficult for cannabis businesses to access – including the ability to accept debit and credit cards – cannabis companies are still searching for ways to facilitate their merchant processing needs. The issues with cashless ATMs. Two accomplices were eventually fined and were sentenced to prison.

Banking 81

Banking Programs Dispensary Business 81

WeedAdvisor

MAY 22, 2019

Banking and the cannabis industry have a somewhat hands-off relationship. banks are skittish about doing business with dispensaries in legal states. Even taxes cannot be paid electronically through a bank, forcing owners to literally hand massive amounts of cash to the IRS every year. New Legislation. .

Banking 45

Banking Business Legalization Marijuana 45

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. Senate Bill 45 would make this policy consistent for juvenile offenders. Click here to email your lawmakers in support of banking access. DE resident? IL resident? IL resident? ME resident? ME resident?

Legislation 159

Legislation Hemp Patients Compliance 159

CannaMD

APRIL 15, 2020

The National Organization for the Reform of Marijuana Laws (NORML) has issued marijuana policy guidance for lawmakers during the coronavirus (COVID-19) crisis, along with a statement regarding the designation of medical cannabis facilities as “essential.” NORML: COVID-19 Memo to Lawmakers.

Policy 80

Policy Patients Dispensary Banking 80

The Blunt Truth

MARCH 18, 2021

Will the SAFE Banking Act finally have its day in the Senate? And finally, in a victory for effective product placement, the Girl Scouts are back in front of dispensaries. The SAFE Banking Act returns for another shot at enactment. Then, the regional Girl Scout council stopped the sales, saying it was “against policy.”

Banking 77

Banking Dispensary Events Legalization 77

SpeedWeed

AUGUST 2, 2021

have introduced legislation that would ban the spending of federal welfare benefits at cannabis dispensaries. Interestingly, Daines is the primary Senate Republican co-sponsor of the SAFE Banking Act of 2021, federal legislation that would allow financial institutions to provide traditional banking services to state-legal cannabis businesses.

Dispensary 52

Dispensary Legislation Banking Retail 52

Illinois News Joint

DECEMBER 17, 2024

In the absence of federal banking standards for the cannabis industry, the Illinois Department of Commerce and Economic Opportunity (DCEO) has grant and loan programs to support small businesses, but its not sufficient to support needed growth. EXPANDING ACCESS Too many consumers do not have easy access to legal cannabis dispensaries.

Legalization 98

Legalization Dispensary Programs Hemp 98

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. As we collectively analyze and respond to emerging issues in the cannabis industry, we will continue to be the preeminent voice in cannabis regulatory policy.”. Banking, Finance, and Taxation.

Compliance 98

Compliance Compliance Programs Topical 98

Cannabis Law Report

MARCH 5, 2020

State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. Maine is “very close” to issuing the first round of conditional recreational business licenses, said Erik Gundersen, the director of the Office of Marijuana Policy.

Dispensary 59

Dispensary Safety Conditions Banking 59

The Blunt Truth

AUGUST 1, 2019

Meanwhile, the state of Arizona is experimenting with a new procedure to get around the lack of banking services for marijuana companies. The state’s attorney general has approved a pilot program allowing digital payments to medical cannabis dispensaries.

DEA 77

DEA Banking Dispensary Edibles 77

NORML

MAY 31, 2019

The measure would allow additional dispensaries to operate in unincorporated areas of the state that are not within 25 miles of an existing dispensary. Click here to email your lawmakers in support of banking access. Legislation is pending, Senate Bill 1286, to expand patient access to medical cannabis in Arizona. IL resident?

Legislation 119

Legislation Banking Access Hemp 119

The Blunt Truth

JULY 21, 2023

The Eastern Bank of Cherokee will vote in September on whether to legalize adult-use cannabis possession and sales on tribal lands. The tribe legalized medical marijuana in 2021, and construction of a dispensary is underway, albeit slowly. A consequence of living in the gerontocracy of Congress is a boomerfied view of drug policy Rep.

Banking 98

Banking Legislation Dispensary History 98

The Blunt Truth

JUNE 11, 2020

The organization sent a letter this week to the SBA asking them to reconsider their policy barring companies that have any dealings with cannabis firms from receiving money under the PPP. The dispensary formerly known as the Dank of Oklahoma will choose a new moniker. Further bulletins as events warrant. what’s in a name?

Pets 95

Pets Decriminalization Banking Programs 95

Cannabis Law Report

DECEMBER 8, 2021

Hardware stores and dispensaries alike, business operators who work out of commercial properties have been ensnared in a recent theft trend. cannabis industry is of course locked out of American banking. Broadly known as cash-only operations, the nation’s dispensaries have been targets since legalization’s dawn.

Dispensary 98

Dispensary Supply Chain Business Cannabis 98

SpeedWeed

JULY 13, 2021

At Leafly, we believe there’s a first time for everything, including your very first trip to a marijuana dispensary. We also know that a good first-time experience often boils down to expectations, and that many people want to know exactly what to expect before they even think about visiting a dispensary. . The bottom line?

Dispensary 52

Dispensary Strains Edibles Business 52

Veriheal

AUGUST 3, 2021

The newly signed legal framework will boost medical cannabis purchase limits, as well as prolong specific policies that were imposed on a temporary basis when the coronavirus (COVID-19) health crisis initially erupted. What’s more, sales between dispensaries and patients accumulated $1.7

Legislation 98

Legislation Patients Supply Chain Dispensary 98

Cannabis Law Report

JUNE 20, 2019

Additionally, on June 18, 2019, the Governor signed into law an emergency bill increasing the amount of marijuana and marijuana products that a caregiver may wholesale to other caregivers and dispensaries from 30% of annual yield to 75% of annual yield. In fiscal year 2023, Maine is banking on $33.2

Law 73

Law Banking Collective Retail 73

SMPL

MAY 21, 2020

Louisiana lawmakers advanced three marijuana reform bills on Wednesday, and that includes legislation that would dramatically expand the state’s medical cannabis program and offer protections for banks that service marijuana businesses. Another bill introduced by Rep. Larry Bagley (R), withdrew it.

Banking 40

Banking Marijuana Legislation Patients 40

Cannabis Law Report

MARCH 24, 2020

Wellness Connection filed a lawsuit in federal court Friday against the Maine department that oversees marijuana policy, claiming that residency restrictions on owners of recreational cannabis businesses violate the U.S. He said that because marijuana is illegal on a federal level, banks cannot provide loans. Constitution.

Marijuana 76

Marijuana Recreational Policy Banking 76

NORML

JULY 3, 2019

“This is really a Los Angeles phenomenon … I can’t tell you where there would be an unlicensed dispensary operating in Oakland or San Francisco.” “A dispensary is needed for anyone who can’t grow their own. .” Follow Nevada NORML on Facebook and become a member today !

Patients 149

Patients Advocacy Dispensary Access 149