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

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

MAY 21, 2019

The measure, which makes clear that the group “takes no position as to whether cannabis should be legalized under the laws of the United States or of any state,” highlights the public safety issues caused by current federal policy, which makes many financial services providers reluctant to work with the marijuana industry.

Banking 40

Banking Legislation Safety Collective 40

Cannabis Law Report

JULY 2, 2019

The world of marijuana banking has been rife with compliance risks for years. While marijuana is still illegal federally, many states have legalized marijuana for medical and recreational use. Bank Secrecy Act Compliance. Rockswold , Linda A. Albrecht and Allison Groskreutz. Eide Bailly LLP.

Banking 40

Banking Hemp Marijuana Compliance 40

NORML

OCTOBER 15, 2019

4) US relations – border & banking. Removal of any unnecessary international banking/travel barriers for legal business and cannabis entrepreneurs. NORML Canada proudly welcomes our sister chapter to the South – NORML Michigan, to share insights on Michigan’s newly passed legal recreational cannabis bill.

Legalization 198

Legalization Advocacy Banking Access 198

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. This federal distinction, however, has not prevented more than 40 states from legalizing marijuana for medical and/or recreational adult use.

Banking 40

Banking Law Compliance Compliance 40

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

MARCH 24, 2020

Wellness Connection filed a lawsuit in federal court Friday against the Maine department that oversees marijuana policy, claiming that residency restrictions on owners of recreational cannabis businesses violate the U.S. He said that because marijuana is illegal on a federal level, banks cannot provide loans. Constitution.

Marijuana 76

Marijuana Recreational Policy Banking 76

The Blunt Truth

DECEMBER 26, 2019

In February, we saw the first ever Congressional hearing on cannabis banking. New Jersey failed to pass legislation legalizing recreational marijuana. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). The Senate failed to take action on the banking bill.

Banking 71

Banking Hemp Agriculture Seed-To-Sale 71

Cannabis Law Report

JULY 19, 2022

Five years after Uruguayan pharmacies began selling cannabis for recreational use, the pioneering law that ushered in that new business has gained greater public support and the worst fears about “gangs of zombies” or spiraling addiction rates have been allayed. By Alejandro Prieto. Montevideo, Jul 18 (EFE).- None of that happened,” he said.

Legalization 52

Legalization Consumption Banking Research and Development 52

MassRoots

FEBRUARY 11, 2019

It’s time to bring our country’s marijuana policies into the 21st century, and my legislation is the way to do it.”. It’s time to bring our country’s marijuana policies into the 21st century, and my legislation is the way to do it. It also allows legal cannabis businesses to have access to normal banking services, permits U.S.

Legalization 111

Legalization Marijuana Legislation Policy 111

Cannabis Law Report

AUGUST 10, 2022

Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] Some advocates are still pushing to pass the SAFE Banking Act, allowing banks insured by the FDIC to serve cannabis businesses without fear of violating federal law.

Legalization 52

Legalization Banking Legislation Compliance 52

Cannabis Law Report

MAY 17, 2019

The Sacramento Bee reports……The survey found that 82 percent of surveyed bank executives support Congress passing a law allowing financial institutions to do business with cannabis companies, a practice that is restricted because marijuana is considered an illegal narcotic at the federal level. would likely open up their services.

Access 55

Access Banking Safety Events 55

The Blunt Truth

OCTOBER 17, 2019

In New Mexico, an expert panel appointed by the state’s governor recommended using proceeds from recreational marijuana to provide low-interest loans to small cannabis businesses and eliminating taxes on medical marijuana. The legislation includes provisions concerning home grow, delivery, expungement and a low bar to entry.

Banking 49

Banking Education Packaging Legislation 49

Cannabis Law Report

JULY 18, 2019

Senators Crapo and Graham are chairmen of the Senate Banking and Senate Judiciary committees, respectively — the two committees that have the highest chance of seeing standalone cannabis legislation in this congress. Take, for example, the SAFE Banking Act, which is expected to pass the House by a strong margin.

Banking 45

Banking Legislation Recreational Policy 45

Canna Law Blog

JANUARY 11, 2020

And for good reason: the recreational market is expanding. The international market is taking form and access to banking services is expanding. First by the European Union, whose Common Agricultural Policy caps THC concentrations at 0.2 Hemp is legal. CBD and other cannabinoids are fast becoming (if not already) household names.

THC 102

THC Hemp Supply Chain Concentrates 102

Cannabis Law Report

MARCH 5, 2020

Maine is planning to have its first recreational marijuana shops open in June, three months later than expected. State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. The article adds. BEFORE MARIJUANA MARKET OPENS. Retail shops need state-issued conditional licenses.

Dispensary 59

Dispensary Safety Conditions Banking 59

Cannabis Law Report

SEPTEMBER 26, 2021

Two in three Americans live in a state that has approved the sale of recreational weed. What has evolved in the policy gap with federal law over the past decade is a patchwork of state-sanctioned fiefdoms where cannabis markets have largely developed locally and extend just to the border.

Legalization 52

Legalization Decriminalization Banking Policy 52

Cannabis Law Report

JUNE 20, 2019

It brings Maine one major step closer to its first legal recreational sales, which regulators estimate could occur in March 2020 – after the state’s tracking and licensing systems are ready, marijuana businesses get state and local licenses and growers have product ready to hit the shelves. In fiscal year 2023, Maine is banking on $33.2

Law 73

Law Banking Collective Retail 73

SpeedWeed

MARCH 9, 2021

and becoming legal, regulated, and accepted in more states, one thing the cannabis industry struggles with is having access to services that most businesses have access to, including banking and insurance. While the legal cannabis industry is slowly spreading across the U.S. The insurance broker M.J. View original article.

Business 52

Business Banking Programs Access 52

The Blunt Truth

JUNE 11, 2020

The organization sent a letter this week to the SBA asking them to reconsider their policy barring companies that have any dealings with cannabis firms from receiving money under the PPP. Maine recently dropped a residency requirement for ownership of recreational marijuana businesses. new jersey. Further bulletins as events warrant.

Pets 95

Pets Decriminalization Banking Programs 95

Cannabis Chronicles

MAY 22, 2019

“We’ll hand them an iPad, and ask them to fill out a couple quick surveys,” said Michael McDonell, chair of WSU’s Collaboration on Cannabis Policy, Research and Outreach. The Puyallup tribe has staked several claims in the state’s legal marijuana industry, opening two recreational stores in the Tacoma area.

Medicine 140

Medicine Research and Development Data Collective 140

Canna Law Blog

MARCH 9, 2019

Volatile Access to Banking. Lack of access to banking in the industry is the current norm, and it ultimately helps keep cannabis in the shadows and out of reach of full legitimacy and transparency. And the bad behavior spans a range of areas in cannabis from scamming investors to bank fraud to lying about entitlements from regulators.

Banking 82

Banking Access Cannabis Business 82

SpeedWeed

MARCH 6, 2021

Despite being known for its liberal policies, Washington, D.C. still doesn’t have a recreational market. Council Chairman Phil Mendleson proposed a new, recreational cannabis regulation bill that focused on progress and equity. Banks would also be granted licenses so they could work with the industry. .

Legislation 52

Legislation Education Programs Recreational 52

Cannabis Law Report

MARCH 13, 2019

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. Will Banks get a Hit of the Cannabis Industry? Home » Blogs » Will Banks get a Hit of the Cannabis Industry?

Hemp 71

Hemp Business Banking Concentrates 71

CannaMD

APRIL 15, 2020

The National Organization for the Reform of Marijuana Laws (NORML) has issued marijuana policy guidance for lawmakers during the coronavirus (COVID-19) crisis, along with a statement regarding the designation of medical cannabis facilities as “essential.” NORML: COVID-19 Memo to Lawmakers.

Policy 55

Policy Patients Dispensary Banking 55

Cannabis Law Report

DECEMBER 11, 2021

The Institute will educate attorneys, policy makers, and members of the public on the implications and impact of the new law, touching on topics such as equity, labor law, social justice and more. The effort will kick off on Wednesday, Dec.

Education 98

Education Law Events Topical 98

Veriheal

JULY 28, 2021

Many states have adopted medical cannabis laws, and several allow recreational cannabis. Okay, we have heard banks say this, so that sounds reasonable enough, right? In 2019, the Brevard County School district adopted a policy that allows students to use medical cannabis. This policy never had any mention of staff.

Education 104

Education Cannabis Policy Access 104

The Joint Blog

FEBRUARY 24, 2022

It is slowly gaining recognition in several countries because of the legalization policies. Further, the adoption of regulatory relaxations and favorable policies is expected to boost the product’s adoption. For example, the House of Representatives passed the HEROES Act in 2020 and presented the act to the SAFE Banking Act and Senate.

Business 26

Business Research and Development Chronic Pain Policy 26

WeedAdvisor

JANUARY 17, 2019

Making matters worse, he reversed an Obama-era policy stating that federal officials would not interfere in states where cannabis is legal. During his testimony to the Senate Judiciary Committee, Barr expressed his opinion on the new cannabis policy. A Change of Policy. Author Alex S. WeedAdvisor as Your Source for Information.

Legalization 40

Legalization Marijuana Policy Research and Development 40

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

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. Low Percentage of New York Towns Opts Out of Recreational Cannabis.

Cannabinoids 52

Cannabinoids Retail Policy Cultivation 52

Cannabis Law Report

AUGUST 10, 2019

Requiring cannabis businesses to prove capital assets in order to gain licensure is an economically ineffective and potentially damaging policy that several states have unfortunately adopted. In those cases, they may not have the bank records to prove they can meet capitalization requirements.

Business 40

Business Banking Marijuana Policy 40

Canna Law Blog

JUNE 24, 2019

But times are not good in China, despite recent reassurances from Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission. dollars, so China’s central bank needs to keep foreign exchange reserves on hand to facilitate those transactions. How do we know times are not good in China? and the rest of the world. .’

Business 57

Business Banking Cannabis Law 57

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. About Foothill Capital. Before investing you should carefully consider the Fund’s investment objectives, risks, charges and expenses.

Banking 52

Banking Access Cannabis Safety 52

Cannabis Law Report

AUGUST 31, 2022

For example, Delta-8 is illegal in Montana; however, recreational marijuana use is legal. 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…. Elizabeth R. Lizzie Hobbs is an associate in the Litigation Practice Group.

THC 52

THC Hemp Banking Law 52

SpeedWeed

MARCH 10, 2021

Every city, town, and municipality in the country has its own unique set of policies. Understanding the policy ecosystem is critical to how you will conduct operations, apply for a license, and of course, where you open your business. . Some progress has been made with the SAFE Banking Act , however, more work needs to be done.

Business 52

Business Banking Seed-To-Sale Research and Development 52