Cannabis Law Report

MAY 2, 2022

(NASDAQ:AFCG) (“AFC Gamma”) today announced that it has entered into a senior secured revolving credit facility (“Credit Facility”) with $60 million of current commitments from two FDIC-insured banks and the ability to increase the facility to $100 million.

Banking 52

Banking Medicine Legalization Cannabis 52

Veriheal

JULY 2, 2020

Another piece of legislation included a provision to allow cannabis businesses to have equal rights and access to banking despite their affiliation with cannabis. Now if they would only allow for patients to grow their own medicine… it would be a dream come true for many.

Banking 52

Banking Programs Therapy Conditions 52

Cannabis Law Report

JUNE 21, 2021

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. The inability of these state-legal entities to bank their significant cash reserves is an issue of public safety. Thursday, June 17, 2021. Washington, D.C. Oregon’s U.S. Senator Jeff Merkley and U.S.

Banking 66

Banking Legislation Safety Dispensary 66

Cannabis Law Report

MAY 28, 2021

From that important step everything follows, from banking regulations to changes in incarceration to consumer acceptance. The more cannabis is proven to be safe and controllable and effective as a medicine, the more likely it is that the powers that be will remove the last remaining barriers to a relatively free market for cannabis products.

Medicine 64

Medicine Wellness and Beauty Research and Development Topical 64

Veriheal

JANUARY 8, 2021

Many people have a hard time investing hard-earned money into an industry that can’t even legally work with most banks. That doesn’t mean that you can’t get in on a great investment when it comes to plant-based medicine. What Other Plant Medicine Can You Invest in? stock exchange.

Medicine 52

Medicine Decriminalization Therapy Recreational 52

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

MassRoots

AUGUST 3, 2020

Louisiana’s medical marijuana program may have been established three years ago, but patients were not granted access to medicine until August of 2019 when the first round of the product became available. Federal Law: SAFE Banking Act. Some Senators may need encouragement from you, the constituents, to support the SAFE Banking Act.

Programs 124

Programs Banking Marijuana Conditions 124

Veriheal

JUNE 25, 2021

Former Eaze consultants get sentenced to jail time for committing bank fraud. Video Transcript: Former Eaze consultants land jail time for bank fraud. Sleazy Eaze Consultants Face Jail Time for Bank Fraud. The company faced some legal troubles when employees got caught defrauding banks.

Banking 82

Banking Therapy Recreational Cannabis 82

Cannabis Law Report

JULY 25, 2022

Psychedelics, medicine and ethics has always been a tricky thing and we’re suprised (or maybe not) that those who have held themselves up to be the paragons of perfection in the field over the past few years, have in fact been either arrogant, dumb or lazy when it comes to managing ethics at their organisations.

Medicine 52

Medicine Therapy Research and Development Business 52

Veriheal

AUGUST 14, 2023

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account.

Banking 98

Banking Dispensary Recreational Cannabis 98

NORML

MAY 11, 2020

During this worldwide health emergency, it is more important than ever that patients have safe, above-ground, uninterrupted access to lab-tested cannabis medicine. It is more important than ever that essential cannabis retailers have equal access to banking and small business financial assistance. .” Download the Resource Guide.

Advocacy 350

Advocacy Access Banking Retail 350

Cannabis Law Report

FEBRUARY 14, 2020

million projected after the legalization of cannabis cultivation and sales for medicinal purposes in December 2018. This extends to banks, such as those in the Caribbean, that, as a result of their correspondent banking relationships with the US, are restricted when it comes to cannabis. Only US $2.2 Only US $2.2

Banking 59

Banking Medicine Data Cultivation 59

Illinois News Joint

MAY 4, 2023

The second year, I created A Friend Indeed , a small program that helps Veterans, patients battling cancer, and anyone in desperate need with personalized equipment, genetics, and other resources to legally grow their own medicine at home. I collaborated with partners, built recourses, and officially launched the program in April 2022.

Programs 88

Programs Banking Media Medicine 88

Cannabis Law Report

JULY 25, 2022

ECS Botanics has secured a A$2 million loan facility from National Australia Bank and agreed to sell its hemp food and wellness business to Ecofibre subsidiary Ananda Food for $250,000. The sale is expected to complete in August subject to due diligence. Read more at [link].

Food 52

Food Hemp Business Banking 52

Cannabis Law Report

JULY 2, 2021

For example, in the public function he served as Undersecretary of Small and Medium Enterprises and Regional Development, Director of the Banco de la Nación Argentina and General Manager of the Central Bank of the Argentine Republic. for industrial and / or medicinal use.

Research and Development 105

Research and Development Medicine Banking Agriculture 105

SpeedWeed

SEPTEMBER 2, 2021

Shareholders whose 48North Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee regarding the receipt of the consideration. Norton Rose Fulbright Canada LLP acted as legal counsel to HEXO, and Bennett Jones LLP acted as legal counsel to 48North. View original article.

Medicine 77

Medicine Compliance Compliance Conditions 77

Cannabis Law Report

MARCH 23, 2022

Despite Core One Labs’ financial problems, the thesis for investing in psychedelic stocks has not changed, and we should expect to see more companies fold before psychedelic medicine ultimately succeeds. A second domino is falling in the world of psychedelic stock investing. In short, they ran out of money.

Banking 52

Banking Medicine 52

Veriheal

JANUARY 25, 2022

The current situation is so bad that the Central Bank has appealed for foreign currency; even going as far as to request the loose change of people returning from overseas holidays. On the same day of the announcement, the Central Bank also introduced more stiff limitations on foreign currency remittances received by locals.

Banking 52

Banking Wellness and Beauty Medicine Cannabis 52

Canna Law Blog

MARCH 27, 2022

Too often, the question of whether the landlord has a mortgage from a federally insured bank comes as a surprise. We have fielded lots of calls from prospective adult-use cannabis applicants starting to search for real estate. Why the landlord’s mortgage is relevant for a cannabis lessee.

Banking 80

Banking Cannabis Business Retail 80

The Joint Blog

SEPTEMBER 16, 2022

There has been a shift toward normalizing the practice of buying cannabis seeds online and growing them oneself to ensure reliable access to cannabis for medicinal or recreational purposes. Many individuals now get medicinal or recreational cannabis by purchasing seeds and growing them themselves.

Banking 49

Banking Cultivation Medicine Dispensary 49

NORML

MARCH 7, 2019

There is a growing body of evidence that suggests the medicinal benefits of cannabis, including its ability to prevent epileptic seizures, mitigate pain, reduce anxiety, and even halt the growth of cancer cells. Medical Reforms. We are calling for common sense reforms that are long overdue. However, the U.S.

Legislation 235

Legislation Marijuana Banking Safety 235

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.

Business 337

Business Legislation Access Policy 337

Veriheal

SEPTEMBER 16, 2020

If you work with the plant in any capacity, you may find that it is hard, basically impossible, to get a loan from the bank or even a private lender. When a person can’t get a loan through traditional avenues such as the bank, they often turn to the private sector looking for loans. A bank’s money is FDIC insured.

Banking 57

Banking Therapy Cannabinoids Legalization 57

Veriheal

OCTOBER 30, 2023

The Cannabis Authority consists of nine people, who represent “a faith-based organization, civil society, and one person each from the fields of banking, law, agriculture, scientific research, pharmacy, and medicine.”

Legalization 117

Legalization Therapy Decriminalization Epilepsy 117

The Blunt Truth

JULY 25, 2019

On Tuesday, the Senate Banking Committee had a hearing on cannabanking. What the SAFE Act would do for banking, the CLAIM act would do for insurance. In Utah , growers have been chosen for their medicinal cannabis program. Let’s start with Congress, which had a very busy week. Jerry Nadler (D-NJ) and Sen.

Banking 77

Banking Pets Hemp Decriminalization 77

Cannabis Law Report

AUGUST 2, 2022

Nearly 1,200 investors have filed a class-action lawsuit in Spain against a medicinal cannabis investment platform operating worldwide, accusing it of fraud, embezzlement and money laundering, their lawyers said Monday. The minimum investment was 50 euros, and the money could be deposited and withdrawn via bank transfer or cryptocurrencies.

Law 52

Law Banking Media Medicine 52

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E. The Hemp Precedent.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

JULY 26, 2019

Amidst the contemplation on the growth of the medicinal cannabis space in Australia, the legalisation of medicinal cannabis is expected to contribute approximately $8.5 Used for recreational and medicinal purposes, cannabis has been a debatable product since time immemorial. million in the nation’s state and federal tax.

Banking 45

Banking Medicine Research and Development Recreational 45

The Blunt Truth

MAY 5, 2023

STOP ME IF YOU’VE HEARD THIS BEFORE Far be it from me to call the SAFE Banking Act a bad penny, but it does keep turning up. CLAIM ACT If you’re thinking that banking isn’t the only industry that deals with cannabis and needs some federal protection, you’re not alone. Maryland’s governor signs a bill implementing retail sales.

Banking 52

Banking Retail Legalization Legislation 52

Cannabis Law Report

SEPTEMBER 1, 2021

CYBN ) is a Toronto-based psychedelic medicine firm. Compass Pathways plc ( CMPS ) was the first psychedelic medicine company to list on the Nasdaq exchange and is one of the industry’s current market-cap leaders. At the moment, MindMed is hands-down the industry leader in LSD-inspired medicines. Doug Drysdale of Cybin.

Research and Development 102

Research and Development Therapy Clinical Trials Pharmaceutical 102

Cannabis Law Report

MARCH 15, 2022

Business News Australia reports today… Three years after first acquiring the site in Mildura in Victoria, Australian medicinal cannabis company Cann Group (ASX: CAN) has been given permission to cultivate the drug at the now-completed, high-tech facility.

Cultivation 52

Cultivation Research and Development Medicine Banking 52

Veriheal

SEPTEMBER 22, 2020

” Green and Adetunji faced several barriers while building a successful online platform for medical marijuana patients, from having doors closed to investors and banks and navigating the confusing landscape of healthcare, medical cannabis law, and technological challenges. .

Education 98

Education Banking History Media 98

Cannabis Law Report

AUGUST 15, 2019

If the medicine is prescribed by a qualified and trustworthy physician who is considered as an expert in the field. In the absence of alternative lawful medicine that has the same efficiency. The first bank following Islamic law opened in Egypt in 1963.

Law 65

Law Banking Conditions Topical 65

Cannabis Law Report

AUGUST 19, 2021

Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum told Parliament this week that this was the space they wanted to get into and not into growing hemp with high THC content that are used for medicinal purposes in some countries.

Hemp 105

Hemp Agriculture THC Banking 105

Cannabis Law Report

FEBRUARY 2, 2022

Zach has shown a deep passion for advancing psychedelic medicines, and we could not be more thrilled to have him join us as a partner in the fund.”. Throughout my years exploring this field, I’ve had the opportunity to meet founders, investors, academics and advocates around the world.

Treatment 52

Treatment Medicine Access Therapy 52

Cannabis Law Report

AUGUST 12, 2021

The legislation allocated the slots to appointees with certain professional backgrounds, such as medicine, agriculture, and pharmacy. a pulmonologist from Montgomery; Sam Blakemore, a pharmacist at Children’s of Alabama hospital in Birmingham; and Dwight Gamble, a bank executive from Headland. Ivey appointed Dr. William Saliski Jr.,

Programs 105

Programs Seed-To-Sale Agriculture Legislation 105

Veriheal

JANUARY 3, 2022

The Bangkok Post explains that Charnvirakul was in the Nakhon Phanom province to launch the “Cannabis Kickoff on Mekong Bank” event when he encouraged citizens to cultivate and announced important information regarding this new legal state of cannabis. .

Legalization 123

Legalization Cultivation Chronic Pain Cannabis 123