The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. Maine made changes to their marijuana program. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. SBA funds, however, are not.

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The Blunt Truth

MARCH 28, 2019

No news is big news this week, as New Jersey failed to pass legislation legalizing recreational marijuana. The breaking news on the federal level is that the SAFE Banking Act has been approved by the House Financial Services Committee (45-15) and will now move to the full House for consideration.

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Veriheal

JUNE 25, 2021

Former Eaze consultants get sentenced to jail time for committing bank fraud. Texas Governor Abbott allows a bill that will require the state to research psychedelic therapy for veterans, and Connecticut legalized recreational cannabis! Video Transcript: Former Eaze consultants land jail time for bank fraud. Next in news, .

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Illinois News Joint

JULY 29, 2024

The retail store opened at a new location April 24, 2024, and serves medical and recreational consumers. For a live recreational menu, visit here. Special features include VeriVIP Loyalty Program & Rewards, kiosk ordering, online ordering and pick up, and weekly discounts. Hours of operation are 8 a.m.-10 seven days a week.

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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? Virgin Islands have enacted either medicinal or recreational legalization amendments.

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Cannabis Chronicles

FEBRUARY 4, 2019

Much the way banks are unwilling to finance cannabis startups, television networks and online advertising marketplaces are understandably cautious because the Feds still classify marijuana as a Schedule 1 drug alongside heroin and ecstasy. With a growing number of states legalizing weed for recreational and medical purposes, the U.S.

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SpeedWeed

FEBRUARY 24, 2021

While South Dakota is still stalled when it comes to making legal cannabis a reality within state borders, the state is already working on legislation that allows banks to decide whether or not to do business with the legal cannabis and hemp industry. . HB1203 just passed the House 64-4, and the next step is for it to clear the senate.

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Veriheal

APRIL 17, 2025

Since then, states in many diverse areas of the country have begun to enact their medical marijuana programs under the argument of state rights. The legalization of weed for adults 21 and over has opened the floodgates, prompting 24 states to establish their own recreational, adult-use laws.

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Illinois News Joint

APRIL 30, 2023

The retail store opened in 2007 and serves recreational consumers and medical patients. For a live medical menu, visit here , or for a live recreational menu, click here. The retail store donates to various food banks and local charities throughout the year and was 2022 C-U Pride Parade Winner. Thursday to Saturday from10 a.m.-9

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Illinois News Joint

NOVEMBER 11, 2024

Verilife Rosemont is located at 5540 Park Place in Rosemont, Illinois, in the Parkway Bank Park Entertainment district. The 2,000 square-feet retail store opened in April 2021 and serves recreational consumers. For a live recreational menu, visit here. Hours of operation are 8 a.m.-10 seven days a week.

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Illinois News Joint

JANUARY 23, 2023

The retail store serves recreational users but also offers a 10% discount to medical patients. The retail store features cash rewards, kiosk ordering, loyalty program, daily deals, ATMs, and online ordering. Maribis of Chicago Westchester opened in April, 12, 2021, and is located at 1137 S. Mannheim Road in Westchester, Illinois.

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Illinois News Joint

MARCH 1, 2023

The retail store serves medical and recreational customers. The retail store features cash rewards, kiosk ordering, loyalty program, daily deals, ATMs, and online ordering. Maribis of Springfield Grand opened in 2016 and is located at 2272 North Grand Ave. East, Grandview, Illinois.

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WeedAdvisor

SEPTEMBER 18, 2019

Things are looking good for state medical and recreational dispensaries as a game-changing bill gains support in the U.S. According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Skipping Ahead. .

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Banking Dispensary Legislation State Laws 45

Veriheal

FEBRUARY 18, 2021

California is spending the money on infrastructure, and on social programs whose overall goal is to benefit all its citizens. Do note that c annabis is legal for both medical and recreational use in these states, which is part of the reason they’ve been able to use the income to put together such strong and useful programs.

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Cannabis Chronicles

MAY 19, 2019

Banking regulations. Landlords were concerned that having a weed company as a tenant would cause issues with the banks that hold their mortgages, she said. Federally regulated banks hesitate to lend to businesses involved with a federally illegal substance. Landlords also wondered whether product would be handled in the office.

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Illinois News Joint

FEBRUARY 15, 2025

Hatch Wheeling is located at 1500 East Lake Cook Road in Wheeling and is a recreational only dispensary. Accessories and paraphernalia brands include the iconic Bank Glass , as well as GRAV , Blazey Susan , and more. Its hours of operations are Monday through Saturday from 9 a.m. and Sunday from 10 a.m.

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Cannabis Law Report

JUNE 22, 2019

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. . PUBLISHER: CANNABIS LAW REPORT. THC when it is harvested and tested? .

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The Blunt Truth

MARCH 5, 2020

Although recreational sales were expected to begin this month, they’ve been postponed until June. A group called Regulate Marijuana Like Alcohol filed a petition to legalize recreational marijuana. They see legalization as a solution to problems with the medical cannabis program. ” ON THE LIGHTER SIDE.

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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.

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The Blunt Truth

JUNE 11, 2020

Iowa votes to reform its medical marijuana program. The Iowa Senate passed a bill making changes to the state’s medical marijuana program. Maine recently dropped a residency requirement for ownership of recreational marijuana businesses. There’s plenty of state news also. New Jersey considers decriminalization.

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The Blunt Truth

FEBRUARY 18, 2020

Recently, I had the opportunity to moderate panels on cannabis and commercial real estate at programs held in Los Angeles and Chicago. It was interesting to compare the programs and the audiences in the two cities. Most bank vaults are on a wall that abuts the exterior of the building.

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Veriheal

SEPTEMBER 5, 2022

recreational) state, with a Jan. As a result, many of the provisions that created the structure for Virginia’s adult-use cannabis program, and the framework for regulations to be issued by the [Cannabis Control] Authority, are no longer effective. On April 7, 2021, Virginians rejoiced as Gov. Create a New Cannabis Control Authority.

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Cannabis Law Report

JANUARY 7, 2022

In 2016, Pennsylvania adopted Act 16, becoming one of 38 states that have medical marijuana programs in the United States. While COVID fast-tracked certain aspects of the PA cannabis industry, major hurdles, like access to proper banking services, still plague operators in the space. January 6, 2022. Author Jay Majitov. 2050 and S.B.

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The Blunt Truth

DECEMBER 19, 2019

The big news on Capitol Hill this week was the Senate’s lack of action on the banking bill. Senator Mike Crapo (R-Idaho), the chairman of the Senate banking committee, opposes legalization and seemed disinclined to move on the issue. Protections for recreational programs were not.

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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.

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SpeedWeed

MARCH 7, 2021

In response, some companies have launched their own programs aimed at providing women and people of color with more opportunities to succeed in the space. These efforts range from mentorship programs spanning many months to multimillion-dollar funds that support nonprofits and community organizations. Mentorship Programs.

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The Blunt Truth

DECEMBER 5, 2019

In other state news, Michigan ‘s sales of recreational cannabis began on Sunday, amid long lines of customers. And in Wisconsin , Governor Tony Evers signed legislation making the state’s pilot hemp program permanent. Now, Governor Phil Murphy is pushing for statewide decriminalization , as a stop-gap measure.

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The Cannigma

OCTOBER 10, 2021

Medical: legal Recreational: illegal. For a first offense, a counseling program can be a substitute for incarceration. Less than a quarter of all students at all levels of their nursing studies stated that they support the legalization of recreational cannabis. How do Greeks generally view marijuana? Is CBD legal in Greece?

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NORML

APRIL 26, 2019

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. Days later, the Chief Deputy announced that the cite and release program will be put on hold, without further details. Click here to email your lawmakers in support of banking access.

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Illinois News Joint

JANUARY 5, 2025

The retail store opened March 8, 2024, and serves recreational consumers and offers medical patient discounts. For a live recreational menu, visit here. As a leading cannabis dispensary outlet store, we offer the lowest prices for marijuana in Illinois, allowing you to elevate your quality of life without breaking the bank.

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Cannabis Law Report

JANUARY 10, 2020

by Akshita Singh and Douglas Sargent | Jan 10, 2020 | Legislation , Recreational Marijuana , Social Equity | Illinois. Recreational Sales Are Live: On New Year’s Day, thousands lined up for a chance to buy marijuana legally for the first time. ILLINOIS STARTS 2020 ON A HIGH NOTE. SHARE: .

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The Blunt Truth

MAY 30, 2019

In the race to be the next state to legalize recreational marijuana, Illinois has pulled ahead. Lawmakers have made some tweaks to legislation that would allow recreational use. As for medical marijuana, the Texas legislature has approved an expansion to the state’s program. But things may be starting to turn around.

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The Blunt Truth

MAY 9, 2019

In the banking realm, 33 state attorneys general (along with AGs from four territories and the District of Columbia) have signed on to a letter to Congressional leaders in favor of cannabis banking reform. Also, 30 members of Congress have asked for more federal research into medical marijuana. Eight of the signatories are Republican.

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Canna Law Blog

OCTOBER 30, 2019

Earlier this month, on October 3, the California Department of Business Oversight (the “DBO”) issued a Cannabis Banking Guidance memorandum to its state-chartered financial institutions (banks and credit unions) to help them make appropriate risk assessments in serving cannabis-related businesses and comply with federal guidelines.

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Cannabis Law Report

JUNE 6, 2019

Lawyers for Seattle Events a Non-Profit Corporation, producer of Seattle Hempfest , have filed a lawsuit in Thurston County Superior Court to challenge the constitutionality of Washington State’s restrictions free speech rights of businesses licensed under the state’s 502 legal Cannabis program.

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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.

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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. The American Association of Insurance Services (AAIS CannaBOP program is the first of its kind to serve the industry in this way. . “As

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