Cannabis Law Report

APRIL 21, 2021

Cannabis banking is complicated enough on the surface, between navigating the distinction between hemp and marijuana and the tension between… Read More.

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MassRoots

JULY 28, 2020

One of the most important pieces of cannabis related legislation, the Secure and Fair Enforcement Banking Act ( SAFE Banking Act ), has the chance to be included in the next round of COVID-19 relief legislation in the United States. Tell them to support the inclusion of the SAFE Banking Act. Don’t wait.

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Banking Legislation Business Programs 66

Canna Law Blog

JANUARY 11, 2020

The international market is taking form and access to banking services is expanding. Perhaps the most dubious rule is the total THC testing standard. The USDA then adopted a total THC testing requirement by which total THC is the molar sum of delta-9 THC and delta-9 tetrahydrocannabinolic acid (“THCA”).

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NORML

DECEMBER 23, 2019

Last Wednesday, he essentially demanded that in exchange for allowing the cannabis industry to access to basic banking services, that the federal government should impose a 2% THC cap on marijuana products and prohibit the retail sale of marijuana-infused edibles or e-liquid vapor extracts.

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Banking Marijuana Retail Safety 227

The Blunt Truth

SEPTEMBER 22, 2023

We have some information on the SAFER Banking Act – will the “R” make all the difference? SAFER BANKING ACT “A rose, by any other name, would smell as sweet,” says Shakespeare. SAFER BANKING ACT “A rose, by any other name, would smell as sweet,” says Shakespeare. Does the same hold true for cannabis banking legislation?

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Canna Law Blog

APRIL 6, 2019

Unfortunately still the position for most banks and hemp. Shortly after the 2018 Farm Bill passed, legalizing industrial hemp, we predicted that banking services for hemp businesses would be slow going. Although some of our hemp clients are banked (and even have crop insurance) many others are still underserved. Senators, Sen.

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Medicinal Genomics

NOVEMBER 5, 2019

Including THCA in Total THC Number. THC requirement. Some states took that literally and would only use the THC value for evaluating whether the plant met the requirement. Some states took that literally and would only use the THC value for evaluating whether the plant met the requirement. THC threshold.

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THC Hemp DEA Banking 81

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. . THC when it is harvested and tested? . AUTHOR: Shane Eloe.

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Cannabis Law Report

AUGUST 6, 2022

The Community Anti-Drug Coalitions of America (CADCA) is asking supporters to write to Senators to oppose the recently introduced Cannabis Administration and Opportunity Act on the basis that the legislation doesn’t cap THC levels on products or require packaging to include warning labels, among other issues.

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The Blunt Truth

SEPTEMBER 29, 2023

The big news this week is that, for the first time ever, a cannabis bill, the SAFER Banking Act, got a markup in the Senate. SAFER BANKING Although the SAFE Banking Act has passed multiple times in the House of Representatives, it’s never gotten out of committee in the Senate. Spoiler alert: the two don’t mix.

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Banking DEA Legislation Decriminalization 93

Cannabis Law Report

DECEMBER 12, 2021

The only exception is cannabidiol (CBD) extracts with tetrahydrocannabinol (THC) of more than 0.2%, he added. of THC, can be made and used freely. Mr Anutin was in Nakhon Phanom province on Saturday to launch the “Cannabis Kickoff on Mekong Bank” event. The number is not unilaterally set by Thailand. Read more at [link].

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THC Banking Agriculture Concentrates 52

The Blunt Truth

JUNE 30, 2022

Congress removed marijuana banking from the COMPETES Act. safe banking. If sponsors of the SAFE Banking Act are feeling like Sisyphus right about now, one can hardly blame them. With each new Congress comes a new introduction of this bill that would allow cannabis businesses to use the banking system.

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Banking Collective CBD Marijuana 111

Cannabis Law Report

AUGUST 6, 2019

In a July 24, 2019 dated guidance, Pennsylvania’s Department of Agriculture (“DOA”) announced it will be randomly collecting and testing hemp variety samples from 25% of licensed hemp growers for tetrahydrocannabinol (“THC”) content. Results that are returned with a THC% of less than 0.3%

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THC Hemp Seed-To-Sale Collective 61

The Blunt Truth

AUGUST 4, 2022

Cory Booker may be willing to support cannabis banking. Some commissioners thought voters would be confused over issues such as THC limits. booker and banking. He’s also been on record opposing marijuana banking legislation. This week, we have news on state ballot initiatives in Missouri and Arkansas. We’ll know soon.

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Banking Research and Development Advocacy Legislation 111

Cannabis Life Network

OCTOBER 11, 2019

Cannabis is Canada is legal, and was sold as being big business, but as we approach the one year mark of Canadian cannabis legalization, big banks across the country are turning away from weed money. Clarke, who was one of the first Canadians to begin selling legal cannabis through his independent Portugal Cove-St. […].

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Banking Business Legalization Cannabis 41

Veriheal

JANUARY 12, 2022

The news, which was officially announced in a letter, confirmed that the bank would no longer be granting new acquisitions or “short” positions in cannabis-focused businesses. Marijuana Related Businesses,” reads an excerpt from the bank’s letter, which was addressed for the attention of its clients. Since Nov.

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Banking Business Cannabis Recreational 104

Cannabis Law Report

MAY 18, 2021

If cannabis flower is federally illegal because it contains THC, are cannabis seeds legal because they don’t? The issue is… Read More.

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Banking THC Cannabis Legalization 59

Cannabis Law Report

JULY 2, 2019

The world of marijuana banking has been rife with compliance risks for years. In many cases this means an application process, license or certification of some kind, testing the fields for THC levels, destroying crops that contain too much THC, and other measures to ensure compliance with the regulation. July 1 2019.

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Cannabis Life Network

NOVEMBER 25, 2022

Despite Canadian cannabis legalization, banking for cannabis producers and operators is still a struggle. Specifically, they won awards for their “Roll with us” marketing campaign and “Does your bank deliver,” which compared choosing their services with choosing toppings for your […].

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Cannabis Law Report

SEPTEMBER 23, 2021

The FDA and CDC each issued warning notices to the public regarding delta-8 THC products on September 14, 2021, many of which are marketed as hemp products (and include some non-obvious references to other novel cannabinoids that may have similar effects and marketing). Delta-8 THC has psychoactive and intoxicating effects.

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THC Concentrates Pets DEA 52

Cannabis Law Report

SEPTEMBER 8, 2021

Seed banks are places where cannabis seeds are stored and where you farmers may buy different strains from. Therefore when planning to purchase cannabis seeds,you need to get them from reputable seed banks in the USA to guarantee you quality and success in your yield. Preservation of seeds. They improve the products. Different strains.

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Banking Strains Conditions THC 104

The Joint Blog

DECEMBER 3, 2020

Perhaps one of the most important questions people have is, “What would be the THC level for medical cannabis?” ” But before that question is often answered, we want first to understand what THC is, how it works, what effects it, and, therefore, the condition we would like to treat. What Is THC?

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SpeedWeed

MARCH 6, 2021

Proposals to cap the amount of THC in cannabis flower and concentrates have been gaining traction in a number of state legislatures, and earlier this week the idea reached the federal level. Most cannabis flower in America’s legal regulated markets ranges between 18% and 23% THC. Cannabis Voter Project (@Cannabis_Voter) March 3, 2021.

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Cannabis Life Network

APRIL 22, 2022

All financial institutions, whether big banks or smaller credit unions should be cannabis-friendly. Because cannabis is illegal in the US, Canadian banks and large credit […]. After all, in Canada, cannabis is legal. British Columbia contributes over $2 billion annually. Sadly, this is not the case.

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Banking Cannabis Legalization THC 105

The Blunt Truth

JULY 7, 2022

THC edibles got the green light in Minnesota. THC edibles can now be sold legally in Minnesota, with restrictions on the amount of THC contained in them. safe banking. Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

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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. While hemp and marijuana are both derived from the plant Cannabis sativa L, they are legally distinguished on both a federal and state level by their THC content.

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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. THC by dry weight.

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Cannabis Life Network

JULY 18, 2022

Legal and grey-market cannabis retailers have always had an issue with banking services. Many can’t access standard banking services, like getting cash. Banks flag regular business transactions as risks when associated with cannabis. What are crypto ATMs for cannabis retailers?

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Cannabis Law Report

JUNE 22, 2022

As the FDA acknowledges, “Delta-8 THC is one of over 100 cannabinoids produced naturally by the cannabis plant” [1] , but its natural presence in Cannabis and the fact that it can be derived from federally legal “Industrial Hemp” does not make legal or safe in the eyes of the federal government or state lawmakers. percent delta-9 THC.”

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Canna Law Blog

MAY 22, 2022

This post covers the SAFE Banking Act, the Medical Marijuana Research Act, the Cannabidiol and Marihuana Research Expansion Act, and the Hemp Advancement Act. SAFE Banking Act. Representative Ed Perlmutter (D-CO) introduced the SAFE Banking Act in March 2021. We wanted to make things easy and clarify what they would do.

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The Blunt Truth

NOVEMBER 3, 2023

If you were thinking this was the time for cannabis banking reform, it seems as if disappointment awaits once again. The store, in partnership with Okay Cannabis Dispensaries, has cake mixes with the THC already included. AND FINALLY Looking to offer some baked goods at your next party? Fearful you’ll get the dosage wrong?

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Cannabis Life Network

AUGUST 1, 2023

The lack of banking reform at the federal level was to blame. A $2 billion merger between Cresco Labs and Columbia Care is up in smoke a year after the companies announced the acquisition. Had it gone through, the merger would have created the largest cannabis company in the United States.

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The Blunt Truth

JULY 4, 2019

Meanwhile, several states recently legalized hemp and low THC oil. Florida will start producing commercial hemp, and it’s now legal to possess low THC cannabis oil in Kansas. Lack of banking services. In Louisiana , residents may now use industrial hemp, with some restrictions. What’s the reason for the delay?

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Cannabis Law Report

APRIL 1, 2022

We had a productive meeting with Governor Glenn Youngkin’s office about Virginia SB 591 —the restrictive THC limits bill we urged emergency action against. The bill will help solve the banking and insurance difficulties that many hemp businesses have faced, and is consistent with our efforts to promote SAFE Banking on the federal level.

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The Blunt Truth

MARCH 5, 2020

Lawmakers wrestled with the issue of capping THC content in medical marijuana for those patients under the age of 21. The Department of Agriculture delayed a requirement that the DEA conduct all THC testing on hemp crops. Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana.

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Cannabis Law Report

JULY 25, 2021

With banking options still difficult for cannabis businesses to access – including the ability to accept debit and credit cards – cannabis companies are still searching for ways to facilitate their merchant processing needs. The issues with cashless ATMs. Two accomplices were eventually fined and were sentenced to prison.

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Cannabis Life Network

JANUARY 5, 2023

Is it FTX’s appeal to cannabis companies to do banking with them? What’s the connection between FTX and cannabis? Or is there a bigger picture to consider? Sam Bankman-Fried (SBF) is the former head of the cryptocurrency exchange FTX. Authorities have charged him with defrauding customers and investors.

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