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Cannabis Banking Today

Canna Law Blog

We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered.

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Getting into the Weeds: The Latest on the Alabama Medical Cannabis Program

Cannabis Law Report

POSTED IN ALABAMA , MEDICAL MARIJUANA , STATE LAW DEVELOPMENTS. For many, it feels like Alabama’s medical cannabis program has been a work in progress for years. The Alabama State Board of Medical Examiners, which issues rules for licensed practitioners and physicians, issued its final rules in March 2022.

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Credit Union and Banking Update for Hemp and Marijuana Industries

Greenspoon Marder Cannabis Law Group Blog

Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. The need for cannabis businesses to have access to banking services continues to gain federal support.

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Weekly Legislative Roundup 1/18/20

NORML

The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under state law even if those activities are not lawful under federal law, such as consuming cannabis. Send a message to your lawmakers in support of banking access.

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Cannabis Laws & the Southern States

Cannabis Law Report

The region has been instrumental in highly regulated industries, such as alcohol and tobacco, and the only federally sanctioned cannabis grow program has operated at the University of Mississippi since the 1960s. Although several Southern states have enacted medical cannabis programs, no states have embraced recreational use of cannabis.

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The Week in Weed: September 4, 2020

The Blunt Truth

And speaking of CBD, Seyfarth has a program coming up on that topic. Nebraska Secretary of State Bob Evnen approved a medical marijuana initiative to appear on the November ballot late last week. It’s been a busy week for the Golden State. Assembly Bill 1525 allows cannabis banking under California state law.

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Weekly Legislative Roundup 3/22

NORML

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.