Cannabis Law Report

AUGUST 5, 2021

Here’s the press release… National Law Journal’s 2020 Cannabis Trailblazer Katrina Skinner to Help Lead Company’s Legal Matters and Expansion into Banking, Financial and Payment-Related Services and Solutions for Cannabis Businesses and Related-Banking and Financial Sectors.

Banking 111

Banking Compliance Compliance Law 111

Cannabis Law Report

SEPTEMBER 28, 2021

National Law Journal’s 2020 Cannabis Trailblazer Katrina Skinner to Help Lead Company’s Legal Matters and Expansion into Banking, Financial and Payment-Related Services and Solutions for Cannabis Businesses and Related-Banking and Financial Sectors. Says the headline. Here’s the full press release.

Banking 98

Banking Compliance Compliance Law 98

Cannabis Law Report

JULY 23, 2020

Expanding on its hemp exchange, cryptocurrency and cooperative farming program, Swissx is offering microloans for land and equipment in the Golden State Malibu, CA, July … Read More.

Programs 86

Programs Banking Hemp Cannabis 86

Veriheal

JULY 2, 2020

Louisiana has had a medical cannabis program for many years. However, for patients to qualify for access to medical cannabis, they must have received a diagnosis of at least one of the 14 qualifying conditions that were initially approved under the initial law. The Bill as Passed. Now that the bill has been signed, as of August 1 st.,

Banking 52

Banking Programs Therapy Conditions 52

Canna Law Blog

AUGUST 17, 2023

Oregon’s governor recently vetoed an effort to create a state bank for marijuana businesses, in another blow to the struggling industry. The lack of consistent, equitable access to banking has been recurring issue for Oregon marijuana businesses and those in other states.

Banking 52

Banking Marijuana Legislation Business 52

Cannabis Law Report

AUGUST 20, 2022

CRCC’s paper, published by the Ohio State University (OSU) Moritz College of Law, is titled “Not a SAFE Bet: Equitable Access to Cannabis Banking, An Analysis of the SAFE Banking Act.”. Distinguished Cannabis Policy Practitioner in Residence, Drug Enforcement and Policy Center, Moritz College of Law, The Ohio State University.

Banking 52

Banking Access Research and Development Policy 52

Cannabis Law Report

AUGUST 12, 2021

The 14 people who will oversee Alabama’s new medical marijuana program will gather for the first time Thursday. The panel faces several deadlines to set up the rules to launch what will be a fully intrastate program. The law directs the commission to elect a chair and vice chair. at the State House in Montgomery.

Programs 105

Programs Seed-To-Sale Agriculture Legislation 105

MassRoots

JULY 28, 2020

One of the most important pieces of cannabis related legislation, the Secure and Fair Enforcement Banking Act ( SAFE Banking Act ), has the chance to be included in the next round of COVID-19 relief legislation in the United States. Tell them to support the inclusion of the SAFE Banking Act. Don’t wait.

Banking 66

Banking Legislation Business Programs 66

MassRoots

AUGUST 4, 2020

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? CCIA and The Liaison Group have been working tirelessly behind the scenes on SAFE Banking.

Banking 52

Banking Access Business Programs 52

Canna Law Blog

DECEMBER 5, 2019

The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts.

Banking 64

Banking Hemp Compliance Compliance 64

Cannabis Law Report

FEBRUARY 5, 2020

The “Roadmap to Cannabis Banking & Financial Services”, aims to increase the number of financial service providers in Colorado who serve the state’s legal marijuana and industrial hemp industries. 1595, the Secure and Fair Enforcement Act of 2019 (SAFE Banking Act). Roadmap to cannabis banking_January 2020. “As

Banking 69

Banking Safety Business Cannabis 69

The Blunt Truth

JUNE 13, 2022

It has already been a busy year for marijuana law! Creates a three-member commission and cannabis office to implement and administer cannabis laws. The statute became law without a gubernatorial signature. The law would, among other things: Remove marijuana from the federal list of controlled substances. Development.

Law 111

Law Marijuana Legislation Retail 111

Canna Law Blog

APRIL 9, 2020

On March 31, 2020, Washington State Governor Jay Inslee signed HB 2870 , which “creates a new social equity program that provides business opportunities to people from disproportionately-harmed communities so they can benefit economically from the cannabis industry and become a cannabis retailer.”

Programs 90

Programs Retail Legislation Business 90

Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. This honor is part of a financial services certification program overseen by the Policy Center for Public Health & Safety (PH&S) in collaboration with state attorneys general. . ALBUQUERQUE, N.M. , Dec. Department of Treasury and FinCEN.

Banking 52

Banking Hemp Compliance Compliance 52

Cannabis Law Report

JUNE 16, 2019

Steve Schain , Senior Attorney at Hoban Law Group. On May 13th New Jersey’s Department of Health (“DOH”) amended it Medicinal Marijuana Program Rules, N.J.A.C. Steve Schain is a Senior Attorney to Hoban Law Group and admitted to practice in Pennsylvania and New Jersey. Steve Schain. 24:6I-1, Et.

Programs 77

Programs Chronic Pain Marijuana Conditions 77

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.

Banking 71

Banking Hemp Environment Access 71

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 76

Banking Hemp Access Business 76

SpeedWeed

MARCH 18, 2021

Cannabis and Banking. banks and credit unions are reluctant to work with cannabis businesses because of concerns surrounding the federal illegality of cannabis. often scares away financial institutions, forcing the cannabis industry to either be sneaky about how they do their banking or deal mostly in dangerous amounts of cash. .

Banking 52

Banking Compliance Compliance Access 52

Cannabis Law Report

SEPTEMBER 16, 2022

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.

Law 52

Law Programs Cultivation Dispensary 52

Canna Law Blog

JULY 11, 2020

On Wednesday, July 8, 2020, a bipartisan group of sixteen state treasurers, led by Oregon Treasurer Tobias Read, sent a letter to congressional leaders requesting that the next piece of COVID-19 relief legislation include the SAFE Banking Act.

Banking 61

Banking Legislation Safety Business 61

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

OCTOBER 28, 2021

Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses. Valley is one of the largest national banks serving multi-state cannabis-related business operators. NJB News reports. ON OCT 27, 2021.

Banking 52

Banking Compliance Compliance Programs 52

Cannabis Law Report

DECEMBER 16, 2021

Both sides of the aisle support cannabis reform, with multiple federal bills seeking to address everything from banking to social justice. Cannabis banking was originally included in the federal defense spending bill but stripped from it at the last moment. Federal Cannabis Reform (or not). Emergency Regulations.

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

OCTOBER 26, 2021

NEW YORK–(BUSINESS WIRE)– Valley National Bank , a subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today that it is creating a new digital payment platform designed specifically for cannabis-related businesses. Valley is one of the largest national banks serving multi-state cannabis-related business operators.

Banking 52

Banking Business Programs Compliance 52

Cannabis Law Report

SEPTEMBER 14, 2021

Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, today announced its partnership with Green Check Verified (GCV), the top provider of cannabis banking solutions for financial institutions. Abrigo partners with Green Check Verified to expand cannabis banking support to financial institutions.

Banking 52

Banking Compliance Compliance Business 52

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.

Education 98

Education Law Events Topical 98

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. I’ve seen dispensary employees have their bank accounts shut down.

Banking 40

Banking Hemp Marijuana Events 40

Cannabis Law Report

DECEMBER 1, 2021

Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. There’s even a loyalty program. Wedding stayed with Harborside for 13 years, where he oversaw the dispensary’s operations, inventory management, and banking relationships.

Banking 52

Banking Dispensary Wellness and Beauty Retail 52

Cannabis Law Report

JUNE 1, 2022

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. In addition to providing a full suite of legal services to cannabis companies, Whitt and the Cannabis Industry team advise non-cannabis clients – from banks to….

Programs 52

Programs Banking Cultivation Patients 52

Cannabis Law Report

SEPTEMBER 24, 2019

21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal Interference. 21 State Attorneys General Urge Congress Protect State Marijuana Programs From Federal Interference. AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. The Full Letter.

Programs 59

Programs Banking Marijuana Access 59

Cannabis Law Report

MARCH 16, 2020

Here’s the introduction to their piece………… Saint Vincent and the Grenadines has started its long-awaited cannabis cultivation amnesty program, a major move to pivot cultivators of illicit cannabis into the legal industry. As written, the law must be reauthorized by the House of Assembly after one year.

Cultivation 59

Cultivation Programs Banking Packaging 59

Cannabis Law Report

SEPTEMBER 30, 2021

.–(BUSINESS WIRE)– #cannabisbanking –NatureTrak, the leading compliance and risk management solution for financial institutions serving the cannabis industry, today announces its newest customer, Southwest Capital Bank. ” To learn more about NatureTrak, visit www.naturetrak.com.

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

JUNE 22, 2019

PUBLISHER: CANNABIS LAW REPORT. Will hemp taint your banking relationship? . Many have setup legal entities and registered under their states’ regulatory programs as permitted growers but have hit a hurdle that most new businesses hop right over: opening a bank account. . THC when it is harvested and tested? .

Banking 45

Banking Hemp Business Agriculture 45

Greenspoon Marder Cannabis Law Group Blog

AUGUST 7, 2019

industrial hemp germplasm repository, or seed bank, was recently announced by New York State Senator Charles Schumer. An initial investment of $500,000 in federal funding will be used to commence the brand new and nation’s only industrial hemp seed bank, which will be located in Geneva, the Finger Lakes Region of New York.

Banking 53

Banking Hemp Research and Development Supply Chain 53

Cannabis Law Report

JUNE 13, 2022

It has already been a busy year for marijuana law! Creates a three-member commission and cannabis office to implement and administer cannabis laws. The statute became law without a gubernatorial signature. The law would, among other things: Remove marijuana from the federal list of controlled substances. June 13, 2022.

Law 52

Law Marijuana Legislation Retail 52

NORML

MARCH 20, 2020

Yet, despite the economic and political progress that has been made in states around the country, marijuana is still defined by federal law as a Schedule I substance with no medicinal value and a high potential for abuse. Federal dollars are going to support state programs — not to dictate how they must use the money.

Business 332

Business Legislation Access Policy 332

Cannabis Law Report

OCTOBER 26, 2019

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications. businesses.

Banking 45

Banking Safety Business History 45