Canna Law Blog

MARCH 22, 2019

Department of Agriculture (“USDA”) held a public meeting during which hemp stakeholders shared their opinion on the promulgation of rules to regulate the crop. Specifically, the federal agency is to review and approve “plans” submitted by states and Indian tribes that choose to hold primary regulatory authority over hemp.

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Hemp Supply Chain Agriculture Banking 70

Canna Law Blog

OCTOBER 9, 2020

On September 17, I , along with my colleagues, Griffen Thorne and Vince Sliwoski , held a webinar entitled “Hemp CBD Q&A,” a recording of which is available on our blog. Does any state have a model law(s) governing the licensing of in-state hemp processors? THC level on a dry weight basis is at risk of criminal liability.

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Hemp CBD Research and Development THC 53

Cannabis Law Report

SEPTEMBER 12, 2022

Before 1937, industrial hemp was legal and used for clothing, paper, rope, and fuel. Hemp was grown by our forefathers—even required of early colonists. plant illegal, including hemp, a sturdy low THC variety. THC is the only compound in the cannabis plant that causes a euphoric sensation. The Background.

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Hemp CBD Food Extraction 52

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

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Banking Law Compliance Compliance 40

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

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Hemp Business Cultivation Banking 69

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). In the world of hemp, marijuana’s straight-arrow cousin, the Department of Agriculture released guidelines for importing hemp seeds.

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Banking Hemp Agriculture Seed-To-Sale 71

SpeedWeed

MARCH 6, 2021

Proposals to cap the amount of THC in cannabis flower and concentrates have been gaining traction in a number of state legislatures, and earlier this week the idea reached the federal level. Most cannabis flower in America’s legal regulated markets ranges between 18% and 23% THC. Cannabis Voter Project (@Cannabis_Voter) March 3, 2021.

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THC Patients Law Chronic Pain 52

Cannabis Law Report

AUGUST 31, 2022

There is perhaps no area of the law where doubt rules more than the cannabis industry, and perhaps no corner of that industry more shrouded in doubt than Delta-8 THC. What Is Delta-8 THC? Delta-8 is a form of the chemical compound tetrahydrocannabinol (THC) that can be extracted from either hemp or cannabis plants.

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THC Hemp Banking Law 52

Cannabis Law Report

JUNE 28, 2022

The commercial regulated cannabis industry, which includes both industrial hemp and marijuana, is in its infancy. No one really knows whether the substance Griner was caught with was a derivative of hemp or marijuana. There is tremendous confusion about hemp-derived products, such as CBD, and whether they are legal.

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Legalization Supply Chain Hemp Cannabis 52

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. AR resident?

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Legislation Patients Access Seed-To-Sale 167

Cannabis Law Report

DECEMBER 16, 2021

This year our office wrote about the various legislative and policy changes – We break down 2021’s highlights below. AB 45: California hemp legalization. It also amends the definition of Industrial Hemp to include cannabis plants and ANY part of that plant with THC concentration of no more than 0.3%.

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Law Supply Chain Banking Cultivation 98

Cannabis Law Report

APRIL 26, 2022

Known for its harsh anti-drug policies, Thailand became the first country in South East Asia to legalise medical cannabis in 2018, with the legislation passing in February 2019. However, cannabis extracts with a concentration of tetrahydrocannabinol (commonly referred to as ‘THC’ and the compound that gives a high) of more than 0.2%

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Legislation Agriculture Research and Development Banking 52

Veriheal

MARCH 28, 2023

Your cannabis business is also not allowed to bank, which means no access to loans or other financial opportunities. Not all cannabis is marijuana or THC and this makes things very confusing. The (incredibly high) taxes are paid like other legal businesses, but you’re restricted from conducting business like the other businesses.

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Media Business Cannabis CBD 74

Cannabis Law Report

JULY 31, 2019

Over the past year, Bridge West has been working closely with many hemp and CBD clients on setting up their businesses and financial projections. Although there are notable differences, and each industry has unique challenges, our expertise and significant experience in the cannabis industry transfers well to the hemp/CBD space.

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Hemp Policy Data Collective 40

Cannabis Law Report

JUNE 26, 2022

Bush’s national drug control strategy, Congress passed legislation to require schools, colleges and universities to implement and enforce drug and alcohol prevention programs and policies as a condition of eligibility to receive federal funds and assistance. 14 The Farm Bill removed low-THC hemp, which contains 0.3%

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Research and Development Education Programs Policy 52

Cannabis Law Report

DECEMBER 16, 2021

The Centers for Disease Control and Prevention (CDC) published workplace guidance for creating marijuana policies and drug testing procedures for employed drivers, including education for drivers on marijuana’s effects on safe driving. While federal law limits the delta-9 THC content of hemp to not more than 0.3

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Cannabinoids Retail Policy Cultivation 52

Cannabis Law Report

JANUARY 19, 2022

He served on the Appropriation, Banking and Finance and Budget committees. We look forward to his guidance in helping us bring new, THC-based investigational medications into FDA approved clinical trials. Congressman Moran served Virginia’s 8 th Congressional District for 24 years, where he was known as a “Problem Solver.” info@igcinc.us

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Clinical Trials Research and Development Education Therapy 52

SpeedWeed

JUNE 5, 2021

Christopher Jensen, cofounder and treasurer of the National Cannabis Roundtable (NCR), says the work the trade association has done on the Secure and Fair Enforcement (SAFE) Banking Act is just one example of the behind-the-scenes efforts the industry group does on a regular basis to push cannabis reform. RELATED: U.S.

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Banking Education Legislation Environment 40

Cannabis Law Report

SEPTEMBER 20, 2019

They write… In this week’s edition: Plans to vote on cannabis banking legislation announced in both chambers of Congress, with predictions that House will pass the SAFE Act by the end of October. House Majority Leader Steny Hoyer (D) intends to put the cannabis banking legislation on the floor by the end of September.

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Vaping Banking Research and Development DEA 40

SpeedWeed

APRIL 24, 2021

We listen and share with Cary Shepherd, former policy director for the Illinois Environmental Council , and Jason Nelson, senior vice president of horticulture at Cresco Labs , to learn a little bit about how Illinois legislation got to be so green—and what it all means for a budding industry in these challenging times.

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Environment Agriculture Seed-To-Sale Legislation 52

Cannabis Law Report

JULY 23, 2019

Isn’t it legal in the UK to cultivate low-THC cannabis (hemp)? Another common misconception is that cannabis, or cannabis products, with a THC level below 0.2 percent are straightforwardly legal in the UK. Surely CBD is lawful in the UK? What are the legal routes for the cannabis industry in the UK?

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Cannabis Law Report

OCTOBER 8, 2019

Currently in the US a CBD producer based in Kentucky is suing a Oregon hemp seed seller for $44 million a lawsuit says. The plaintiff, a Kentucky-based company that produces CBD has filed a $44 million lawsuit against the Oregon company it claims sold it nearly worthless hemp seeds that ruined a massive 2019 crop.

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Seed-To-Sale Strains Collective CBD 53

SMPL

JULY 6, 2020

Ruston has now purchased some of Ilera’s THC products, in addition to Wellcana’s. The Marijuana Policy Project has estimated that the medical marijuana program in Louisiana could grow to upwards of 100,000 patients when mature. Now products under $100 are expected to become the norm, Ruston said.

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Tincture Marijuana Patients Hemp 40

Cannabis Law Report

JULY 7, 2021

Holi Hemp LLC. Fresh Hemp Foods Ltd (Canada). The Toronto-Dominion Bank. Despite the no-go policy, applicants have continued to file for protection at the federal level, as seen in Figure 2. CV Sciences, Inc. Tweed, Inc. HDDC Holdings LLC. Balanced Health Botanicals LLC. Naz Holdings LLC. Harvest IP Holdings LLC.

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Oil Agriculture Cannabis Food 71

NORML

APRIL 5, 2019

Governor Janet Mills (D) of Maine signed legislation into law to allow the production and retail sale of hemp-derived CBD products. Governors Doug Burgum (R) of North Dakota and Henry McMaster (R) of South Carolina signed industrial hemp production legislation into law. DE resident? FL resident? Legislation is pending, H. Update : H.

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Legislation Banking Hemp Compliance 186

SpeedWeed

APRIL 21, 2021

Juliet, Tennessee, rolled a 150-foot-long hemp joint. The SAFE Banking act passed the House again this week. And over in San Francisco at the dual, live, and pay per view comedy review Couch Locked by Cookies, THC permeated the air, the crowd, and several early performers. (I mean, Leafly gave away a year’s worth of weed.).

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Hash Edibles Events Legalization 52

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. Historically, the legality of cannabis—a generalized term used to describe the plants from which both marijuana and industrial hemp are derived—has evolved over time in the United States. percent THC.

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Banking Marijuana Collective Recreational 59

NORML

JUNE 19, 2020

The current loosening of the state and federal prohibitions against growing industrial hemp (defined as having less than.03 03 percent THC) may in fact provide a financial lifeline to a lot of remaining family farmers. Willie and I have frequently talked over the years about the natural crossover between those two issues.

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Marijuana Agriculture Legalization Advocacy 281

Cannabis Law Report

OCTOBER 13, 2021

FDA And CDC Issue Warnings Regarding Health Risks Of Using Delta-8 THC Products – by Kathryn Russo at Jackson Lewis. CBD and Hemp Legal and Regulatory Roundup – August 2021 – by attorneys at Kelley Drye & Warren. The ABCs of CBD and Hemp: A Primer – by Gregory Gamalski at Bodman.

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Law Banking Hemp Cannabis 98

The Blunt Truth

AUGUST 7, 2020

The European Commission said that hemp is a drug. Recently, McConnell has been quite vocal about his unhappiness over the inclusion of cannabis banking provisions in the latest COVID-19 relief bill. THC are not under international control. Meanwhile, things are looking grim for the European hemp industry. and finally.

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Collective Hemp Banking Recreational 66

Sensi Seeds

NOVEMBER 28, 2018

Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. They cannot sell any cannabis product with a tetrahydrocannabinol (THC) content higher than 0.2%

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CBD Seed-To-Sale Food Research and Development 71

Cannabis Law Report

AUGUST 30, 2019

This week: The National Credit Union Administration affirms that credit unions may provide financial services to hemp businesses. The US Department of Agriculture (USDA) has released new data indicating a substantial increase in the growth of US hemp production. The SAFE Banking Act (H.R.

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Banking Research and Development Legislation Programs 45

Cannabis Law Report

DECEMBER 26, 2021

Editor convicted of promoting THC-induced “toxicomania,” could face jail time. 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. With ads from seed banks and grow shops, it took off fast. SEEDS OF CHANGE.

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CBD Cultivation Advocacy Cannabis 52

Cannabis Law Report

DECEMBER 26, 2021

Virtually all marijuana transactions are in cash due to ongoing federal restrictions on banking services for the industry. Marijuana flower cannot contain more than 35 percent THC, the most common psychoactive compound in the cannabis plant (this applies exclusively to recreational sales, not medical sales).

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The Cannigma

OCTOBER 10, 2021

tetrahydrocannabinol (THC), which was followed in 2021 by the approval of a bill to legalize the cultivation and sale of medical marijuana with more than 0.2% The history of cannabis in Greece can be traced back to the ancient Greeks and Romans, who used hemp fiber for boat sails, ropes, clothes, and much more. Is CBD legal in Greece?

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Legalization Seed-To-Sale Cultivation Patients 88

The Cannigma

MAY 7, 2021

Europe’s obviously come a long way and most of the countries on the continent have varying degrees of medical programs alongside going hemp industries but can you start by giving a quick overview of where Europe is in comparison to North America but also your thoughts on why the momentum seems to be different? MSO: Let’s pivot for a minute.

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Supply Chain Patients Access Hemp 120

Cannabis Law Report

DECEMBER 19, 2019

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. WASHINGTON – Senate Banking Committee Chairman Mike Crapo (R-Idaho) is inviting public feedback on ways to address public health and money laundering concerns with cannabis banking.

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Banking Legalization Safety Research and Development 71