Veriheal

OCTOBER 18, 2021

With 19 states currently selling recreational cannabis, it may be tempting to forgo a medical card, even if you qualify as a patient. While recreational marijuana is accessible in many states for those of age, there are still some benefits to having a medical marijuana card and purchasing medical marijuana instead of recreational pot.

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Recreational Retail Patients Cannabis 93

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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Banking Compliance Compliance Business 52

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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Banking Hemp Business Agriculture 45

Canna Law Blog

NOVEMBER 8, 2023

Our firm has been representing businesses in the space for many years before that, in states with more mature licensing programs. Indeed, just like when these states started licensing, cannabis is still on Schedule I of the Controlled Substances Act (CSA), 280E is still a nuisance, big banks still won’t bank cannabis money , and so on.

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Legalization DEA Banking Cannabis 93

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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Programs Seed-To-Sale Business Cannabis 52

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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Dispensary Retail Banking Patients 81

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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Dispensary Events Food Banking 87

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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Banking Recreational Legislation Retail 87

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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Dispensary Retail Events Food 82

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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Banking Therapy Recreational Cannabis 66

The Blunt Truth

JUNE 13, 2022

Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The nine existing medical marijuana compassion centers may also convert to sell to recreational customers, for a maximum of 33 retailers. The initiative does not establish a licensed recreational marijuana market. May 19, 2022.

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Law Marijuana Legislation Retail 111

Cannabis Law Report

AUGUST 10, 2022

. – Thirty-seven states allow for medical cannabis use through state run programs. Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] 1] The most recent state to pass legislation is Rhode Island, which authorized an adult use program.

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Legalization Banking Legislation Compliance 52

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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Banking Agriculture Collective Legislation 61

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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Programs Recreational Legalization Cannabis 95

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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Chronic Pain Decriminalization Banking Hemp 61

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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Banking DEA THC Hemp 99

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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Pets Decriminalization Banking Programs 95

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: .

Banking 59

Banking Dispensary Agriculture Recreational 59

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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Business Banking Programs Access 52

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

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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Banking Hemp Agriculture Seed-To-Sale 71

SpeedWeed

MARCH 6, 2021

still doesn’t have a recreational market. Council Chairman Phil Mendleson proposed a new, recreational cannabis regulation bill that focused on progress and equity. In addition, the proposal recognizes how important education is to a well-rounded cannabis program. Despite being known for its liberal policies, Washington, D.C.

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Legislation Education Programs Recreational 52

Cannabis Law Report

DECEMBER 4, 2021

This year, five states—New York, New Jersey, Connecticut, Virginia and New Mexico legalized recreational pot, bringing to 18 the number of states enacting law to regulate and tax cannabis for adult use. And when the federal money’s gone, municipalities will need to find new revenue to pay for ongoing programs they funded with one-time aid.

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Packaging Banking Collective Recreational 52

Canna Law Blog

MAY 1, 2022

Unfazed by the federal leadership vacuum on cannabis, states continue to roll out cannabis proposals and programs. When a state fails to address social equity in core program architecture (and I’m not just talking expungement here), it becomes very difficult to address down the line. I list this one first because it’s so important.

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Supply Chain Programs Cannabis Business 81

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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Supply Chain Dispensary Banking Business 108

Cannabis Law Report

JUNE 13, 2022

Permits and taxes legal recreational sales from licensed retailers starting December 1, 2022. The nine existing medical marijuana compassion centers may also convert to sell to recreational customers, for a maximum of 33 retailers. The initiative does not establish a licensed recreational marijuana market. May 19, 2022.

Law 52

Law Marijuana Legislation Retail 52

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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Legislation Recreational Banking Treatment 65

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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Policy Media Vaping Edibles 154

Otherside Farms

MAY 5, 2020

Still, it is legally approved for recreational use in many states and Washington, D.C., Banks typically don’t provide loans to cannabis ventures especially, those directly involved with the plant or its derivatives. Business funding for cannabis companies before recreational marijuana legalization happens is a concern for banks.

Business 52

Business Banking Seed-To-Sale Compliance 52

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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Business Banking Programs Compliance 43

Cannabis Law Report

JANUARY 16, 2020

Now that Illinois has joined 10 other states and the District of Columbia in legalizing the recreational use and sale of marijuana, what can we expect from this new legislation? The other states where recreational marijuana has been legalized have done so through a referendum. Who may grow and sell marijuana in Illinois?

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Law Legalization DEA Marijuana 59

Canna Law Blog

NOVEMBER 17, 2020

After suffering a close defeat in 2016, Arizona’s new recreational cannabis law passed with 60% of the vote on November 3, 2020. One example is the amount of cannabis an individual may legally have – those with medical cards will be able to own more cannabis than those who are using for recreational purposes only.

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Programs Cannabis Law Dispensary 86

Canna Law Blog

APRIL 27, 2022

HempCoin focused on B2B transactions among farmers, manufacturers, and both medical and recreational dispensaries. Crypto exchanges like these can provide depository services, similar to banks, but with lower fees and access to a myriad of different payment options across borders and within both fiat and virtual currencies.

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Banking Cannabis Business Dispensary 70

Cannabis Law Report

MARCH 17, 2020

As of February 1, 2020, cannabis is legal for recreational and medical use by adults over the age of 21 in 11 states and Washington D.C., There has been some relief for the industry as some regional banks and credit unions have begun offering financial services to cannabis businesses. Clyde & Co.

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Legislation Legalization Banking Decriminalization 45

Cannabis Law Report

SEPTEMBER 26, 2021

Two in three Americans live in a state that has approved the sale of recreational weed. Tearing down those walls would open up new business opportunities and unlock more traditional banking tools for an industry that has long been forced to primarily use cash.

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Legalization Decriminalization Banking Policy 52

Cannabis Law Report

JUNE 24, 2019

Illinois lawmakers, solving issues that tripped up lawmakers in other states, have made recreational marijuana legal, becoming the first state where the state legislature made cannabis sales legal without a vote from the people. Illinois joins 10 other states, and the District of Columbia, in making recreational marijuana legal.

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Legalization Recreational Programs Banking 40

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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Law Banking Agriculture Concentrates 67