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Group to begin work on Alabama’s new medical cannabis program

Cannabis Law Report

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. Commission members cannot have financial interest in companies that are part of the medical marijuana industry.

Programs 105
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The Economic Impact of the Medical Marijuana Industry: Trends and Projections

MMJ Recs

Overview of the Medical Marijuana Industry The medical marijuana industry has experienced significant growth and evolution in recent years, fueled by shifting attitudes, changing regulations, and expanding legalization efforts across various jurisdictions.

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Southwest Capital Bank Strengthens Its Commitment to Cannabis Businesses with NatureTrak’s State-of-the-Art Compliance & Risk Management Technology

Cannabis Law Report

.–(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.

Banking 52
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Shield Compliance and POSaBIT Bring Compliant Cannabis Banking and Payments to the Industry

Cannabis Law Report

The alliance showcases the strengths of both organizations: Shield Compliance offers a purpose-built AML/BSA compliance management software solution that enables financial institutions to unlock new revenue and scale cannabis banking operations. Each month, POSaBIT processes millions of dollars of transactions for merchants across the U.S.

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Cannabis companies share how they launched social equity funding, programs

SpeedWeed

(This story appears in the March issue of Marijuana Business Magazine.). Marijuana companies face mounting pressure from advocates, consumers and regulators to address the lack of diversity within the cannabis industry. New York Gov. House of Representatives in December. Social Equity Funds.

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What’s New For Oklahoma Medical Marijuana In 2020?

MMJ Recs

Since Oklahoma legalized medical marijuana (MMJ) back in August 2018, the state has quickly become home to one of the largest populations of MMJ users in the entire country. These numbers also reflect that Oklahoma has the biggest MMJ program throughout the whole U.S. What you need to know about Oklahoma medical marijuana in 2020.

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Weekly Legislative Roundup 3/8/19

NORML

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.