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Republican legislators urge key US senator to oppose marijuana banking

Cannabis Law Report

Senate Banking Committee Chair Mike Crapo to oppose legislation that would allow financial institutions to provide banking services to the marijuana industry. Crapo for his leadership in introducing a public health perspective to the issue of banking for the marijuana industry. A dozen Republican members of the U.S.

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What Do Banks Require for CBD Websites?

Cannabis Law Report

While these products are no longer illegal (notably a different definition than “legal”), most banks have been hesitant to jump in, citing the lack of framework from the compound’s new agencies of oversight: the USDA and the FDA. As a result, banks often require a website that sells CBD to meet several criteria to satisfy their guidelines.

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Crapo’s Crap Statement On US Cannabis Banking, “I remain firmly opposed to efforts to legalize marijuana on the federal level, and I am opposed to legalization in the State of Idaho,”

Cannabis Law Report

He’s demanding more studies and much tighter rules around banking and the crop. Chairman Crapo Outlines Concerns with Cannabis Banking Legislation. WASHINGTON – Senate Banking Committee Chairman Mike Crapo (R-Idaho) is inviting public feedback on ways to address public health and money laundering concerns with cannabis banking.

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Prohibitionists want THC-limit laws. Here’s why patients and consumers are fighting back

SpeedWeed

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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WHAT IS THE IDEAL THC LEVEL FOR MEDICAL CANNABIS?

The Joint Blog

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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David Feldman – Hiller PC: Imperfect Schumer bill good step forward

Cannabis Law Report

Also a THC-based tax (much as New York is implementing) kicks in after five years. Vapes- Vapes would not be allowed to add natural or artificial flavors. There are no provisions on banking, but making cannabis legal should remove money laundering issues. How to regulate synthetic THC. SAFE Banking.

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The Week in Weed: October 2, 2020

The Blunt Truth

Cannabis banking appears in the Democrats’ new stimulus bill. In other federal news, Democrats included the SAFE Banking Act in its latest stimulus bill. The state initially filed charges against the owners of DJ’s Vapes after a 2017 raid, and refiled them twice in 2018. We have an update on the Vermont situation.