Canna Law Blog

JANUARY 16, 2019

And there are so many ramifications, from food law to trademarks to the financial services environment. We represent a handful of banks (and a larger handful of credit unions), and we give those outfits advice on banking hemp and marijuana. We are optimistic that the hemp industry will have ample banking options.

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Banking Hemp Environment Access 72

Cannabis Law Report

OCTOBER 31, 2019

Law Firm Manatt, Phelps & Phillips, LLP writes… The Cannabis Banking Guidance from California’s Department of Business Oversight (DBO) offers California-chartered financial institutions serving cannabis-related businesses assurances that the DBO will not bring enforcement actions based solely on such relationships.

Banking 45

Banking Compliance Compliance Policy 45

Cannabis Law Report

DECEMBER 11, 2021

The New York State Bar Association today is announcing the launch of its Cannabis Institute, an ongoing series of programs on New York’s recently-enacted Marijuana Regulation and Taxation Act, which has been widely hailed as one of the most progressive cannabis laws in the nation. She co-chairs NYSBA’s Committee on Cannabis Law.

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Education Law Events Topical 98

Cannabis Law Report

SEPTEMBER 22, 2021

Government Policy Analyst to Specialize in Insights from the Intersection of Washington and Wall Street. NEW YORK–(BUSINESS WIRE)– BTIG announced today that the firm has hired Isaac Boltansky as a Managing Director and the Director of Policy Research.

Policy 52

Policy Banking Media Access 52

Canna Law Blog

APRIL 6, 2019

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. We have consistently heard from lawful hemp producers about the lack of access to financial products. Senators, Sen.

Banking 77

Banking Hemp Access Business 77

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. Both sides of the aisle support cannabis reform, with multiple federal bills seeking to address everything from banking to social justice. AB 45: California hemp legalization. Federal Cannabis Reform (or not).

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

NOVEMBER 18, 2021

BOSTON, DENVER, LOS ANGELES and NEW YORK — Leading cannabis law firm Vicente Sederberg LLP on Thursday announced several attorney promotions across its offices, including three new partners. Jerrico Perez is based in VS’s Denver office, where she focuses her practice on administrative law, regulatory compliance, and licensing.

Banking 96

Banking Compliance Compliance Law 96

Cannabis Law Report

AUGUST 20, 2019

America’s state legislators come together at ALEC to grapple with public policy issues that didn’t exist five or ten years ago. They expect different programs and solutions from government. Task Force policy discussions will include: Calling on the Federal Government to Allow Banking for Cannabis Companies.

Policy 59

Policy Legislation Research and Development Banking 59

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 105

Banking Programs Dispensary Business 105

Canna Law Blog

MARCH 11, 2022

The policy is part of the Marijuana Regulation and Taxation Act’s (MRTA) social and economic equity plan, which Simon Malinowski wrote about in this blog post last April. Numerous states that have legalized marijuana have adopted some form of social equity programs. These programs are not without critics ).

Retail 80

Retail Policy Banking Programs 80

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. This milestone marks the first time in the medical program’s history that applications have been available electronically.

Marijuana 105

Marijuana Dispensary Programs Retail 105

NORML

JANUARY 19, 2020

The US House Energy and Commerce Subcommittee on Health will hold a legislative hearing entitled “Cannabis Policies for the New Decade.” ” This marks the first time that members of the Energy and Commerce Committee will hear and debate issues specific to marijuana policy reform. CO resident? FL resident? IN resident?

Legislation 245

Legislation Decriminalization Access Patients 245

Cannabis Law Report

APRIL 25, 2022

Certification Supports Law Enforcement in how to Identify Legal Operators from Illicit. ” The Public Health & Safety Cannabis Financial Service Certification helps law enforcement and state regulators distinguish legal cannabis operators from illicit. It also determines both outstanding U.S. Department of Treasury and FinCEN.

Hemp 52

Hemp Banking Safety Compliance 52

Cannabis Law Report

SEPTEMBER 9, 2021

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Authored By: By Dr. Ayoka Nurse.

Policy 105

Policy Research and Development Collective Banking 105

Cannabis Law Report

JUNE 16, 2022

Federal law enforcement agents and their partners seized over 5.5 According to figures published in the DEA’s Domestic Cannabis Eradication/Suppression Program Statistical Report, agents and their partners confiscated approximately 5.53 million plants via its domestic eradication program. million plants were confiscated).

DEA 52

DEA Marijuana Programs Data 52

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. Under current law there are only 14 conditions that qualify patients for marijuana.

Banking 40

Banking Marijuana Legislation Patients 40

Cannabis Law Report

AUGUST 10, 2022

. – Thirty-seven states allow for medical cannabis use through state run programs. Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] 1] The most recent state to pass legislation is Rhode Island, which authorized an adult use program.

Legalization 52

Legalization Banking Legislation Compliance 52

Cannabis Law Report

NOVEMBER 15, 2021

Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. Immediate Past President Norman Birenbaum, Director of Cannabis Programs at the New York State Executive Chamber. Banking, Finance, and Taxation. Packaging, Labeling, and Advertising.

Compliance 98

Compliance Compliance Topical Programs 98

SMPL

AUGUST 14, 2019

The American Bar Association (ABA) adopted a resolution on Monday that calls on Congress to allow states to set their own marijuana policies and recommends rescheduling or descheduling cannabis under federal law. The report goes on to describe how its recommendations would help resolve some of these issues.

Policy 40

Policy Research and Development Marijuana DEA 40

Cannabis Law Report

JULY 2, 2019

LegitScript, the global leader in merchant and product certification and monitoring in the e-commerce and payment sectors, has launched a new certification program for legally compliant CBD products and websites. LegitScript’s CEO, John Horton, said the program will bring transparency and structure to the CBD industry.

Compliance 40

Compliance Compliance Programs CBD 40

Canna Law Blog

JUNE 24, 2020

At issue is the impact that hemp businesses banking may have on credit union obligations under the Bank Secrecy Act and implementing regulations, sometimes known as anti-money laundering legal authority (“AML”). Thus, federally-chartered credit unions would look to NCUA, not CUNA, for guidance on hemp banking.

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Hemp Banking Agriculture Digestion 95

NORML

JUNE 14, 2019

Another hearing is scheduled for Thursday, where the Veterans Affairs Committee will discuss various bills that are pending regarding medical cannabis programs and veterans access. Governor John Bel Edwards (D) of Louisiana signed legislation into law giving patients the option to inhale medical cannabis through vaporization.

Legislation 148

Legislation Banking Access Hemp 148

Cannabis Law Report

JULY 1, 2021

The policy was updated last month to remove the ban, with some restrictions. A marijuana app must be geo-restricted to jurisdictions where cannabis is legal, and the program must be “submitted by a legal entity that provides the services, and not by an individual developer.”. Here’s what the previous policy said: .

Vaping 119

Vaping Consumption Policy Banking 119

SpeedWeed

FEBRUARY 19, 2021

18 missive to Congress, the CANNRA outlined its policy priorities, including: Reinstituting the Cole Memorandum. Attorney General Jeff Sessions, the Cole Memo provided protections from federal enforcement for state-legal cannabis programs or providing those protections through other means. Rescinded in 2018 by former U.S.

Research and Development 52

Research and Development Marijuana Banking Policy 52

Cannabis Law Report

MARCH 29, 2019

Prior to opening her own firm, she was appointed as Senior Policy Advisor at the Bureau of Medical Cannabis Regulation, where she developed regulations and negotiated with stakeholders regarding the implementation of the Medical Cannabis Regulation and Safety Act (MCRSA). If that’s the case, this is where the CAC should come in.

Law 45

Law Policy Programs Topical 45

SpeedWeed

APRIL 3, 2021

Cuomo’s administration projects that legalization could generate 30,000 to 60,000 jobs across New York and that tax collection from the program could reach $350 million annually, the release states. I look forward to signing this legislation into law.” ” Lawmakers could vote on the legislation as early as Tuesday.

Programs 52

Programs Cultivation Legislation Retail 52

Cannabis Law Report

AUGUST 9, 2021

A memo from the Farm Credit Administration to farm credit banks and associations on hemp financing has The National Industrial Hemp Council concerned that growers could have difficulty obtaining loans to expand their operations. Related: Texas panel upholds sale of smokable hemp products – Law 360 (sub. Agri Pulse. Informed Texas.

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Hemp CBD Legalization Edibles 105

The Blunt Truth

JUNE 11, 2020

Iowa votes to reform its medical marijuana program. The American Bar Association would like to change that, at least for those law firms that advise cannabis companies. The Iowa Senate passed a bill making changes to the state’s medical marijuana program. There’s plenty of state news also. It sets a THC cap of 4.5

Pets 95

Pets Decriminalization Banking Programs 95

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. Here’s a look back at 2019 and a projection of what’s to come in 2020 Cannabis Law. . 2019 Defining Moments in California Cannabis Law . January 2019.

Law 59

Law Banking Hemp Retail 59

The Blunt Truth

JANUARY 13, 2022

One of cannabis banking’s leading advocates announced his retirement this week. Ed Perlmutter (D-CO), author of the SAFE Banking Act, has said he will not seek re-election this year. Perhaps his signature bill will become law before he leaves? Not sure I’d count on that. and finally. Hey, whatever works!

Events 111

Events Banking Legislation Legalization 111

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. Pennsylvania’s Medical Cannabis Program is Raking in the Cash. Pennsylvania’s Medical Cannabis Bill: About HB 1024 .

Legislation 98

Legislation Patients Supply Chain Dispensary 98

Cannabis Law Report

JUNE 26, 2022

1 Despite what would appear to be increasingly lawful access to cannabis, it is still classified by U.S. law as a Schedule I Controlled Substance, 2 which means that its possession, sale or use is prohibited by federal law, even in those states whose laws have decriminalized the use of cannabis.

Research and Development 52

Research and Development Education Programs Policy 52

Cannabis Law Report

MAY 24, 2019

When asked about the reasons for the launching the new program, which comes after years of refusing to work with CBD companies, the spokesperson said that the company closely watches evolving public policies and strives to create new opportunities for clients. Forbes Reports. ” More at.

CBD 60

CBD Banking Legislation Safety 60

SpeedWeed

MARCH 6, 2021

Many will be priced out of what patients already complain is a too expensive medical marijuana program, instead seeking out the black market.”. Such a cap would render the SAFE Banking Act all but useless, as most cannabis products contain far more than 2% THC. . That cap was quickly abandoned and the law was amended,” Armentano noted.

THC 52

THC Patients Law Chronic Pain 52

Cannabis Law Report

JUNE 20, 2019

House of Representatives soundly approved by a 267-165 vote an amendment protects state-legal cannabis programs from interference by the U.S. territories from implementing their adult-use and medical marijuana programs. In ‘historic vote,’ US House protects state-legal cannabis programs. Department of Justice.

Programs 45

Programs Legislation Advocacy Law 45

Cannabis Law Report

JULY 8, 2021

First of Its Kind Under Apple’s New Policy, Eaze Customers Will Be Able to Buy Cannabis Directly In-App. Apple recently changed that policy, enabling Eaze to create a shopping experience that is easier, more fun, and reflects how many people actually shop today. Available For Download Now. www.eaze.com. Elizabeth Ashford.

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Policy Access Banking Cannabis 111

Canna Law Blog

MAY 1, 2022

Unfazed by the federal leadership vacuum on cannabis, states continue to roll out cannabis proposals and programs. When a state fails to address social equity in core program architecture (and I’m not just talking expungement here), it becomes very difficult to address down the line. I list this one first because it’s so important.

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Supply Chain Programs Cannabis Business 82