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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Cannabis Law Report

JUNE 30, 2021

In May 2021, Cannabis Law Report talked with John Friess, Founder and CEO of the Metolius Hemp Company in Bend, Oregon about their company roots, how consumers have evolved, and his words of wisdom for others in the industry. . John Friess, Founder and CEO of Metolius Hemp. CLR: Why CBD? Why a new brand? the execution? your process?

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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. Hemp was briefly re-legalized in World War II to make canvas and other items requiring the strength hemp provides.

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Canna Law Blog

JUNE 22, 2023

Their presentation will give an expert take on these topics: Summary of US federal cannabis (marijuana) laws and impact on state law Summary of US federal hemp laws Ethical issues for lawyers and other professionals Common regulatory disclosure pitfalls Common immigration and naturalization pitfalls Tax concerns and bank account access Finance and (..)

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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? This is due, in part, to the grey legality of Hemp CBD products.

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The Blunt Truth

DECEMBER 26, 2019

January proved that there’s always a cannabis angle, no matter what the topic of conversation. 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).

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The Blunt Truth

OCTOBER 29, 2019

Plus, the USDA just issued an interim rule for hemp production. USDA Issues Proposed Rule for Hemp Production. The 2018 Farm Bill, which federally legalized hemp (formerly a Schedule I drug like its close cousin, marijuana), opened the gates for mass hemp production—well, almost. those with THC levels above 0.3%).

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The Blunt Truth

SEPTEMBER 3, 2020

And speaking of CBD, Seyfarth has a program coming up on that topic. Assembly Bill 1525 allows cannabis banking under California state law. A bill which would have set new rules for the hemp industry, was not passed. Since it faced opposition from hemp farmers and others in the cannabis industry, that may be for the best.

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Cannabis Law Report

JANUARY 11, 2019

Hemp Roundtable, Frost Brown Todd, Lexington, KY. Hemp Roundtable, Amin Talati Upadhye, Washington, DC. . Upon the December 20, 2018 signing of the 2018 Farm Bill, the era of hemp prohibition is over. federal law protects the retail sale of hemp-derived CBD. . Jonathan Miller , General Counsel to the U.S.

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Canna Law Blog

APRIL 21, 2023

I’ve written about cannabis scams in the past (see here ), and it’s one of my favorite topics given the still-emerging nature of the industry (plus, federal illegality attracts a lot of personalities and buyers should definitely beware). Bank fraud Somewhere up there with crypto cannabis frauds is bank fraud.

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Cannabis Law Report

NOVEMBER 15, 2021

In the past year, CANNRA has launched more than a dozen different special committees for state cannabis regulatory staff to share knowledge and work towards regulatory best practices on a range of topics: Licensing, Compliance, and Enforcement. Banking, Finance, and Taxation. Cannabinoid Hemp. Social and Economic Equity.

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Cannabis Law Report

FEBRUARY 21, 2019

O ver the past few weeks I’ve had a chance to speak with Chad Frey and get to hear more about his journey in the role of COO and Co-Founder of Cannabis CRE Capital as well as his role as CEO of Attilah, whose wholesale model aims to engage a New Hemp Renaissance. Marketing and messaging is a blur right now, would you agree?

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Cannabis Law Report

APRIL 28, 2022

Each session will feature a specific topic, discuss the legal and business implications and provide insight on key matters. The Duane Morris Cannabis Industry Group returns with its series of webinars reviewing issues and developments affecting the cannabis industry. About the Duane Morris Cannabis Industry Group.

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The Blunt Truth

SEPTEMBER 26, 2019

In addition to banking, research loomed large on the federal scene. Meanwhile, federal rules for hemp may be coming. On the state level, legalization is a hot topic. For our take on this legislation (spoiler alert: we’re not so sanguine about its chances in the Senate), see here. So, did anything else happen this week?

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Cannabis Law Report

SEPTEMBER 6, 2019

The curriculum covers topics that are essential for anyone looking to operate a commercial cannabis business or take a leadership role in the space. You’ll Master Topics Essential To Success In Commercial Cannabis Compliance, Including: Protecting Intellectual Property. Cannabis Banking & Accounting. Industrial Hemp.

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Cannabis Law Report

JUNE 28, 2022

The commercial regulated cannabis industry, which includes both industrial hemp and marijuana, is in its infancy. As such, transportation and logistics are paramount topics. No one really knows whether the substance Griner was caught with was a derivative of hemp or marijuana. By Robert Hoban. What about the recipient country?

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Canna Law Blog

AUGUST 14, 2020

The law favors disclosure, but the OLCC must be careful not to release sensitive information – e.g. social security numbers, bank account numbers, and so forth. 280E, lack of access to financing and banking, insurance risks and costs, and the overarching problem that marijuana is a schedule I controlled substance.

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Cannabis Law Report

MARCH 7, 2020

The agenda will cover the business, banking, regulation, and innovation of cannabis, hemp, and CBD. This will be complemented by a reprisal of its “Cannabis Innovator Breakfast” at Lago, this year’s topic and featured speaker(s) will be announced closer to the May event.

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Cannabis Law Report

AUGUST 15, 2019

Cannabis-Sharia-Finance – Our attempt at covering a topic we wish we knew more about – expert input welcomed for an update/edit. Marijuana, hemp, or hashish is a psychoactive drug from the Cannabis plant, used for recreational or medical purposes. [I The first bank following Islamic law opened in Egypt in 1963.

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Miss Marijuana

JULY 23, 2020

They seem to have the winning formula, because this product covers all the bases without breaking the bank. Chill Mary has combined organic coconut oil and full spectrum hemp-derived CBD oil to make this multi-purpose gem. It contains hemp oil, MCT oil (coconut oil), natural flavors, and terpenes.

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Cannabis Law Report

MAY 16, 2022

Heidi will focus her practice on representing participants from the broad range of the cannabis industry spanning hemp, CBD, and THC-related businesses, including business owners and operators, investors, banks and financial institutions, insurers, and industry and trade organizations.

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Cannabis Law Report

JANUARY 19, 2022

He served on the Appropriation, Banking and Finance and Budget committees. While I am aware of the medicinal benefits that marijuana can offer some individuals, IGC is engaged in clinical research trials that employ hemp-sourced cannabinoids to facilitate better brain functioning in subjects that may be vulnerable to Alzheimer’s.

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SMPL

JULY 6, 2020

Southern University medical marijuana licensee Ilera Holistic Healthcare shipped out its first tinctures and topical creams to pharmacies this month, joining LSU licensee Wellcana Group, which put its first tinctures on shelves last August. Hemp-derived CBD oils do not contain significant amounts of THC and can be sold legally by retailers.

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Veriheal

AUGUST 3, 2021

They make a good point, considering the fact that the legislation invites hemp cultivators to participate in the state’s supply chain. The applicant’s argument states that certain types of banking information ought to be deemed redactable since it could spur on a string of criminal activity — e.g. thefts and robberies — in the industry. .

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Canna Law Blog

MARCH 1, 2019

The 2018 short session therefore saw comparatively limited action, consisting principally of a non-emergency gut-and-stuff marijuana bill, and an omnibus hemp bill to build out that program. Instead, I’m going to outline a few topics getting some discussion, and a few others with a shot at clearing committee and becoming actual laws.

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Canna Law Blog

FEBRUARY 13, 2020

Let’s shift from these general points to the topic of insurance riders: Insurance riders explained. This clause becomes relevant in the M&A context and is different from the standard change of control language in other contracts (like bank financing agreements) that could impact whether you decide to do a stock deal or asset deal.

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Medical Cannabis Seedbank

APRIL 25, 2018

When we do research into cannabis, we find that the topic of Sativa vs. Indica to either be misunderstood or the information we find to be very vague. We commonly know this plant as “hemp” and we will refer to it as hemp from this point on. To make things easier we will divide this discussion into 3 sub-topics: Origins.

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Cannabis Law Report

JUNE 25, 2021

These include: the Food and Drugs Act; the Controlled Drugs and Substances Act; the Industrial Hemp Regulations; the Cannabis Exemption Regulations (SOR/2016-231); and. All products containing ingredients derived from cannabis (or hemp) are heavily regulated. the Cannabis Regulations (SOR/2018-144). Provincial. Enforcement.

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Canna Law Blog

SEPTEMBER 6, 2020

This Assembly Bill addresses cannabis banking on the state level. California state law doesn’t change or eliminate the Bank Secrecy Act or federal anti-money laundering laws and it definitely doesn’t change the Controlled Substances Act (“CSA”) (which renders cannabis illegal). No hemp CBD bill (again).

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The Blunt Truth

MAY 23, 2019

Texas is moving towards legalizing hemp. Iowa is one step ahead of them – hemp cultivation will begin in 2020. In other federal news, Treasury Secretary Mnuchin has said he’s open to the idea of legal cannabis banking, but does not think marijuana businesses should be eligible for opportunity zone tax breaks.

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Veriheal

MARCH 29, 2022

The Idaho House passed a bill allowing cannabis to be used as an ingredient in topical pain relief products. One avenue for cannabis law reform at the federal level is the Safe Banking Act, which would facilitate access to financial services for the cannabis industry. It was a huge victory for this fully illegal state.

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Cannabis Law Report

DECEMBER 26, 2021

Virtually all marijuana transactions are in cash due to ongoing federal restrictions on banking services for the industry. Customers will be able to purchase a wide array of products including marijuana flower (the smokable green buds), edibles, tinctures, vaporizer cartridges, concentrates and topicals.

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SpeedWeed

MARCH 24, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. I spent 25 years in community banking and I loved it. So what was that like for you?

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Cannabis Law Report

MARCH 3, 2020

OTCMKTS: HEMP).”. OTCMKTS: HEMP).”. The article also highlights Hemp, Inc. In this interview Bruce shares the latest news from around the country and about Hemp, Inc. – Unfortunately, OTC’s statement on its website continues to cause a misunderstanding regarding Hemp, Inc.’s s reporting status.

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Cannabis Law Report

JUNE 25, 2021

Cannabidiol (CBD) products derived from industrial hemp exist in a unique market here in the U.S. While these products are no longer illegal (notably a different definition than “legal”), most banks have been hesitant to jump in, citing the lack of framework from the compound’s new agencies of oversight: the USDA and the FDA.

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Cannabis Law Report

JUNE 9, 2021

For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. For the Company’s topical and ingestible offerings, A88 Infused Products Inc. Approximately $17.9

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Cannabis Law Report

JUNE 25, 2021

From the South, McKay has a long history of business and civic involvement, serving on community and company boards including US Bank, The Daily Beast, Pike Place Market, Mary’s Place, Pilchuck School of Glass, and Seattle Opera. He has developed partnerships for companies like Costco, Fisher Media, and the biotechnology space.

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