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

Canna Law Blog

APRIL 14, 2019

The SAFE Banking Act just got a new, prominent supporter – on April 9, 2019, Treasury Secretary Steven Mnuchin pledged to take a look at the legislation that would allow financial institutions to service cannabis businesses. As we’ve previously written about, there have been several calls for clarity on this banking issue.

Banking 71

Banking Legislation State Laws Business 71

NORML

MARCH 20, 2020

“Given the tremendous amount of uncertainty in the broader economy, the hundreds of thousands of American workers who are employed by the state-legal marijuana industry must be respected and protected by the emergency actions being taken by elected officials,” said NORML Political Director Justin Strekal.

Business 337

Business Legislation Access Policy 337

Cannabis Law Report

JULY 20, 2019

The banks actions will mean somebody at the FDIC will have to make some serious decisions that could lead to a number of ramifications for the cannabis sector not only in CA but also nationwide. A small California bank’s merger application could force the FDIC to take a firmer stand on marijuana banking.

Banking 40

Banking Data Media Business 40

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. While hemp and marijuana are both derived from the plant Cannabis sativa L, they are legally distinguished on both a federal and state level by their THC content.

Banking 40

Banking Law Compliance Compliance 40

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.

Policy 40

Policy Research and Development Marijuana DEA 40

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? NJ resident?

Legislation 244

Legislation Decriminalization Access Patients 244

Cannabis Law Report

JUNE 30, 2021

Calling the broader situation a “contradictory and unstable state of affairs,” Thomas wrote that the current legal landscape “strains basic principles of federalism and conceals traps for the unwary.” Cash-based operations are understandably enticing to burglars and robbers. Read the full article at.

Banking 102

Banking Strains Law State Laws 102

Canna Law Blog

MAY 14, 2019

Banking , intellectual property , food and beverage (and cosmetics ), international trade , domestic trade , state laws , ag production contracts , etc., Prior to federal legalization of hemp last December, a few pioneering hemp companies had gone public. law with respect to cannabis. That exchange takes U.S.

Hemp 75

Hemp CBD Policy Banking 75

Cannabis Law Report

JUNE 27, 2019

On June 11, 2019, the House Appropriations Committee passed spending legislation which provides new protection to financial institutions that provide banking services to marijuana businesses. There also is a parallel banking bill currently pending in the Senate that has 30 co-sponsors.

Legislation 40

Legislation Banking State Laws Business 40

NORML

MAY 31, 2019

Governor Steve Sisolak (D) of Nevada signed legislation into law this week to allow individuals to get their records vacated for offenses that are no longer a crime in the state. Members of the New Hampshire Senate voted to delay consideration of a House-passed legalization bill until later this year. IL resident? IL resident?

Legislation 110

Legislation Access Banking Hemp 110

NORML

FEBRUARY 22, 2019

At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. On the same day, LegalizeND announced that they will try again with a 2020 legalization ballot initiative. Click here to email your lawmakers in support of banking access. IL resident?

Legislation 177

Legislation Hemp Compliance Compliance 177

NORML

MARCH 22, 2019

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.

Legislation 135

Legislation Hemp Patients Compliance 135

Cannabis Law Report

JULY 22, 2019

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses. Published July 18, 2019.

Banking 40

Banking Safety Business Legislation 40

Cannabis Law Report

AUGUST 31, 2022

Legal Status of Delta-8 THC. Specifically, the Farm Bill legalized hemp and its derivatives at the federal level, as long as it contains less than 0.3% Despite the federal status of Delta-8 THC, a number of states have passed laws regulating or outright banning Delta-8 THC and similar products. So What’s Next?

THC 52

THC Hemp Banking Law 52

Cannabis Law Report

SEPTEMBER 27, 2021

The Cannabis Growth ETF will be traded on the NYSE ™ , and will pursue the identical investment objective, apply the same investment policies and use the same principal investment strategies as the Fund. Where legalized by states, cannabis possession and use remains a violation of federal law.

Banking 52

Banking Access Cannabis Safety 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. doing business as Silver State Cultivation, for allegedly failing to properly remit tax payments.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

Cannabis Law Report

MARCH 26, 2020

Given the tremendous amount of uncertainty in the broader economy, the hundreds of thousands of American workers who are employed by the state-legal marijuana industry must be respected and protected by the emergency actions being taken by elected officials,” said NORML Political Director Justin Strekal.

Business 59

Business Legislation Access Policy 59

Cannabis Law Report

MARCH 17, 2020

United States: Ethical Issues For Attorneys Providing Services To The Cannabis Industry. It is estimated that the legal cannabis industry could reach $30 billion in sales and employ nearly half a million full-time workers by 2023. Federalism and the current conflict between federal and state law. 16 March 2020.

Compliance 59

Compliance Compliance State Laws Law 59

Cannabis Law Report

AUGUST 8, 2019

investors in cannabis-related entities, where the activity is legal in its jurisdiction but not legal in the U.K., That said, the legal position is not clear cut. investment community as to the boundaries of legal risk and compliance. Legal Status of Cannabis in the U.K., There is very little guidance for U.K.

Legalization 40

Legalization Banking 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. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

Hemp 69

Hemp Business Cultivation Banking 69

Marijuana Lawyer Blog

APRIL 15, 2019

California employers long have long availed themselves of their right – as affirmed by the state’s high court – to carry out zero tolerance policies against workers who use drugs – even if that drug use takes place off-the-job. 64 that legalized recreational use. That included by on duty and off.

Policy 45

Policy Programs Banking History 45

The Joint Blog

JUNE 24, 2020

According to a new report by the Associated Press, a Los Angeles City Council committee on Tuesday approved a series of changes to reset the city’s troubled legal marijuana market. The intersection “between cannabis policy and racial injustice is clear to me,” Packer said.

Marijuana 52

Marijuana Programs Banking Business 52

NORML

MAY 17, 2019

Governor Kevin Stitt (R) of Oklahoma signed legislation into law to permit the retail sale of hemp and hemp-derived CBD products. Governor Kim Reynolds (R) of Iowa signed industrial hemp production legislation into law. A New Hampshire House-passed legalization bill was held in a Senate committee for further study. CA resident?

Legislation 135

Legislation Hemp Compliance Compliance 135

SpeedWeed

MARCH 10, 2021

While it may seem like state legalization is a green light for cannabis businesses to open up on every corner, it’s not quite that simple. Every city, town, and municipality in the country has its own unique set of policies. How will future cannabis legalization measures impact my business? . Take California for example.

Business 52

Business Banking Seed-To-Sale Research and Development 52

Cannabis Law Report

JUNE 26, 2022

Cannabis—also known as marijuana—has been legalized in the last two decades in more than half of the states. Thirty-nine states allow the use of medical marijuana, while 18 states and the District of Columbia permit both medical and recreational marijuana. Bond Schoeneck & King PLLC. Catherine Graziose.

Research and Development 52

Research and Development Education Programs Policy 52

Cannabis Law Report

MAY 28, 2022

Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. Although 18 states have fully legalized, cannabis is still a sticky issue for banks and other financial institutions because it remains illegal at the federal level. The State of Banking.

Banking 52

Banking State Laws Law DEA 52

Cannabis Law Report

MARCH 29, 2019

An-Chi Tsou is the principal at Tsou Consulting, LLC, specializing in state and local regulatory and legislative compliance, guidance, and advocacy. As most people know, state law provides very generous authority to local jurisdictions regarding operational requirements and standards.

Law 45

Law Policy Programs Topical 45

Cannabis Law Report

JULY 14, 2021

Advisory The Company wishes to inform shareholders that there are significant legal restrictions and regulations that govern the cannabis industry in both Canada and the United States. Federal Laws The concepts of “medical cannabis” and “recreational cannabis” do not exist under U.S. federal law. federal law.

Research and Development 105

Research and Development Clinical Trials Events Treatment 105

NORML

MAY 24, 2019

An activist group in North Dakota filed paperwork to begin petitioning for another adult use marijuana legalization ballot initiative in 2020. Click here to email your lawmakers in support of banking access. Welcome to the latest edition of NORML’s Weekly Legislative Roundup! CA resident? NV resident? OR resident?

Legislation 166

Legislation Hemp Access Patients 166

Cannabis Law Report

OCTOBER 27, 2019

The Tax Court enforces federal tax laws. The Tax Court enforces federal tax laws. The Tax Court will only reluctantly consider policy. P is a California corporation that operates a medical marijuana dispensary legally under California law. 280E is unconstitutional are well settled law. Judge Mark V.

State Laws 45

State Laws Dispensary Business Policy 45

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. State regulators announced enforcement actions all over the State which then resulted in the first round of charges against operators violating state law.

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

JUNE 14, 2022

The report, which was written by Dr. Jeffrey Moyer of the School of Public Policy and Urban Affairs at Northeastern University in May 2022, reviewed a sampling of 54 cities and towns that each reported the amount of money they have collected in community impact fees, and how the money has been spent or is planned to be spent.

Collective 52

Collective Business Legislation Cannabis 52

The Joint Blog

DECEMBER 21, 2020

According to Gallup, 66% of Americans favor legalizing cannabis – a far cry from 12% back in 1969. Federal and State Laws on Drug Test. Marijuana remains classified as a Schedule I drug and is prohibited under federal law. Legal Liability. Why Marijuana Remains Unacceptable in Companies.

Marijuana 49

Marijuana Safety Environment Banking 49

Cannabis Law Report

MARCH 19, 2020

The city’s 11 cannabis storefront businesses are now allowed to “conduct curbside pick­-up of medical cannabis goods under video surveillance or under monitor of the retailer’s security personnel,” the order states. Retailers are still required to check a customer’s age under state law. MARCH 19, 2020. March 19, 2020.

Food 59

Food Dispensary Business Retail 59

Cannabis Law Report

AUGUST 6, 2019

They are paying attention, slowly formulating bits and pieces of vital international, federal, and state public marijuana policy. Yet even if your personal use of recreational or medical cannabis is permitted in your neck of the woods, there are factors that hinder your ability to legally enjoy it away from home.”

Marijuana 40

Marijuana Research and Development Programs Collective 40

Cannabis Law Report

JULY 27, 2019

It is impossible to ignore the serious legal and business complications of franchising a cannabis business due to marijuana being illegal under federal law. Banks, landlords, insurance companies and other service providers remain skittish about doing business with companies that are essentially breaking federal law.

Supply Chain 40

Supply Chain Programs Business Retail 40