Missouri: Licensed Medical Cannabis Retailers Now Open for Business

NORML

State regulators have licensed 192 retailers thus far, with the first of those opening for business on Saturday. The post Missouri: Licensed Medical Cannabis Retailers Now Open for Business appeared first on NORML.

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

Eleven US Senators — Michael Bennett (), Cory Booker (D-NJ), Tammy Duckworth (D-IL), Kirsten Gillibrand (D-NY), Kamala Harris (D-CA), Edward Markey (D-MA), Robert Menendez (D-NJ), Jeffrey Merkley (D-OR), Jacky Rosen (D-NV), Bernie Sanders (I/D-VT) and Ron Wyden (D-OR) — have sent a letter to leadership urging lawmakers to permit licensed cannabis operators to qualify for loans and other forms economic assistance available from the Small Business Administration (SBA).

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Businesses Need Bank Accounts; Marijuana Shops Included

NORML

Imagine operating a business without a bank account. Imagine being forbidden from letting your customers pay for purchases with a credit card, or being able to ask a bank for a small business loan. This is the reality of hundreds of small and medium-sized business owners throughout the country who are engaging in the emerging cannabis marketplace. Currently, state-licensed marijuana businesses face a web of conflicting regulations.

Over 40 Members of Congress Request SBA Access For Small Marijuana Businesses

NORML

Ten members of the Senate, led by Senators Jacky Rosen (D-NV) and Ron Wyden (D-OR), and 34 members of the House, led by Representatives Earl Blumenauer (D-OR) and Tom McClintock (R-CA), have recently issued letters requesting Small Business Administration funding programs be expanded so that they may be accessed by state-licensed cannabis businesses. The majority of these businesses are small-to-medium in size. 2020 Advocacy Business Congress COVID-19 GOVERNMENT Policy

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House Committee on Small Business Holds Hearing On Cannabis

NORML

Today, the House Committee on Small Business held a hearing entitled Unlocked Potential? Small Businesses in the Cannabis Industry to discuss the economic and employment opportunities in the emerging legal cannabis industry and the challenges that federal prohibition and criminalization pose in regards to the Small Business Administration. 2019 ACTIVISM Business GOVERNMENT INDUSTRY Policy

Cannabis Business Cyber Summit

Cannabis Law Report

The post Cannabis Business Cyber Summit first appeared on Cannabis Law Report. THE PRICE – See Website THE DATE – See you online November 10-12, 2020! THE RATING – THE BLURB – General Agenda Tue, November 10 … Read More.

Judge Hears BCC Delivery Businesses Arguments

Cannabis Law Report

A Fresno County Superior Court judge heard oral arguments Monday in a long-awaited case that could have major ramifications for California’s legal cannabis businesses. The post Judge Hears BCC Delivery Businesses Arguments first appeared on Cannabis Law Report.

New Legislation Would Permit Marijuana Businesses to Access COVID-19 Relief

NORML

Representatives Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) have introduced legislation to allow state-legal marijuana businesses to apply for COVID-19 benefits through the Small Business Administration. Currently, the SBA is prohibited from engaging with cannabis businesses due to federal marijuana criminalization. The new legislation would create an exemption for the SBA to allow it and it’s employees to facilitate support to qualifying small marijuana businesses.

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Action Alert: Tell Congressional Leadership To Support Small Cannabis Businesses

NORML

Two of our greatest champions in Congress, Representative Earl Blumenauer and Senator Jacky Rosen, are circulating bipartisan sign-on letters to Congressional Leadership demanding that state-licensed cannabis businesses are able to access the Small Business Administration. If you want to see a robust consumer-oriented cannabis marketplace, then we must act now to protect these small businesses. This message was emailed to NORML supporters.

Chairwoman Velázquez Introduced Bill To End Marijuana Prohibition And Promote Small Businesses

NORML

House Small Business Committee Chairwoman Nydia Velázquez along with Representatives Jared Golden and Dwight Evans introduced a package of legislation, ( H.R. 3544 , to remove marijuana from the Controlled Substances Act and to extend several Small Business Administration (SBA) initiatives to small businesses operating in the cannabis sector. You can read more in the release issued by the Committee on Small Business here.

House Small Business Committee Moves Marijuana Bill Forward

NORML

As first reported by Politico, the House Small Business Committee is waiving jurisdiction over the Marijuana Opportunity, Reinvestment, and Expungement (MORE) Act ( HR 3884 ), making it the second House committee in the 116th Congress to advance legislation to end federal marijuana prohibition. Thanks to the work of the Small Business Committee and Chairwoman Velazquez, the emerging legal cannabis industry will ultimately become more inclusive to small businesses and entrepreneurs.”

Business Directory

The Marijuana Facts

The post Business Directory appeared first on The Marijuana Facts

California Cannabis Business Licensing Guidebook

Cannabis Law Report

Looking to enter the cannabis market in California or to expand your existing cannabis business? The post California Cannabis Business Licensing Guidebook first appeared on Cannabis Law Report.

Nestle Muscle In On EU CBD Business

Cannabis Law Report

The post Nestle Muscle In On EU CBD Business first appeared on Cannabis Law Report. The food giants are muscling into the CBD game…The press release is chocka full of CBD “scientific” goblededook but the important thing to note is … Read More.

Protecting Hemp-CBD Business Information

Canna Law Blog

Given this significant growth forecast, sensitive business information (also known as trade secrets) has become an incredibly valuable asset for Hemp-CBD stakeholders. Realizing value from those trade secrets requires sharing them with business partners and employees. This means that to be legally protected, business information must be valuable and its owner must take reasonable steps to keep it secret. Business Basics Employment Law Hemp Legal Issues Oregon

Associate – Business Transactions Farella Braun Martel – San Francisco, CA

Cannabis Law Report

Farella Braun + Martel LLP is currently seeking a general business associate with a minimum of 2 but preferably at least 3 years of law … Read More. The post Associate – Business Transactions Farella Braun Martel – San Francisco, CA first appeared on Cannabis Law Report.

The Option of Bankruptcy Grows Clearer for Hemp Businesses

Canna Law Blog

As we’ve written about before , bankruptcy hasn’t been a viable option for cannabis businesses, including ancillary businesses that derive any portion of their revenue from cannabis. The post The Option of Bankruptcy Grows Clearer for Hemp Businesses appeared first on Harris Bricken

NORML Joins Civil Rights and Criminal Justice Groups To Support Small Cannabis Businesses

NORML

The Marijuana Justice Coalition, which is made up by groups including the Leadership Conference on Civil and Human Rights, Human Rights Watch, the ACLU, the Drug Policy Alliance, NORML, and others, has sent a letter to Congressional Leadership requesting that small marijuana businesses be able to access the emergency relief funds being administered by the Small Business Administration. RE: Protect Minority-Owned Marijuana Businesses and their Workers.

Cannabis Workers, Unemployment Insurance, and the Small Business Administration: What You Need to Know

NORML

There is no doubt that the COVID-19 pandemic is adversely impacting businesses around the world, and smaller businesses especially. That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions. Cannabis businesses not eligible for Small Business Administration disaster relief aid.

Weedmaps to stop advertising unlicensed pot businesses

Cannabis Life Network

LOS ANGELES — The major online pot shop directory and cannabis marketplace Weedmaps announced this Wednesday that it will no longer allow black-market businesses to advertise on its site. The post Weedmaps to stop advertising unlicensed pot businesses appeared first on Cannabis News | Lifestyle Tips | Expert Opinions | Stocks. Blog Business Cannabis Legalization Editorial Featured Marijuana News dispensary pot shop Weed Maps

House COVID Package Includes Cannabis Banking Relief, But Not Small Business Support

NORML

Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. NORML also encouraged leadership to include separate provisions in the Act to permit state-licensed cannabis businesses to be eligible to receive loans and other types of financial assistance via the Small Business Administration (SBA).

How to join boom in cannabis business

Cannabis Chronicles

Investors have taken note, pumping $10 billion into North American cannabis businesses last year — a good sign for budding entrepreneurs hoping to cash in on the green rush. It’s more difficult than starting a business in any other area,” says Schmitt, 43, a seasoned entrepreneur who previously worked in finance and construction. To succeed, you need more than a solid business plan and ace team (though those are crucial, too). Marijuana is having a moment.

Statement: United Cannabis Business Association Re AB1525

Cannabis Law Report

On behalf of the United Cannabis Business Association, we want to thank you for expressing your concerns on AB 1525. The post Statement: United Cannabis Business Association Re AB1525 first appeared on Cannabis Law Report.

Marijuana Business Financing: Tough Questions From Investors

Canna Law Blog

As veteran marijuana business owners (and virtually every other type of industry owners) know, there may come a point in time in the business when you are sitting across the table from someone who is offering to put money into your business. They may be your prospective business partner. Many of your closest family and friends have been close to you during your business growth. 2. Do You Understand the Financials of Your Business?

Prepare Your Cannabis Business for the TCPA

Canna Law Blog

For some reason, many cannabis businesses believe that because they’re already violating the federal Controlled Substances Act, they’re free to violate other existing federal laws. What can you do to prepare/defend your business for and against TCPA claims?

Businesses grow around NM medical cannabis producers

The NM Political Report | Medical Cannabis Program

As New Mexico lawmakers try to come up with a legislative proposal to legalize recreational cannabis that might ease the apprehension of some of their colleagues, there is already a group of business owners already laying the groundwork for a post-legalization world. Sometimes they’re called ancillary cannabis companies, other times they’re called cannabis adjacent businesses. Continue reading Businesses grow around NM medical cannabis producers at The NM Political Report.

Where Should I Locate My Cannabis Business in New Jersey?

Cannabis Law Report

The post Where Should I Locate My Cannabis Business in New Jersey? As the saying about real estate goes, it’s all about “location, location, location.” The same rule holds true and carries substantial weight when determining where … Read More.

November 23 2020: Cannabis CPA [Client Spotlight] – Robot Pharmer | Oklahoma Cannabis Business

Cannabis Law Report

Robot Pharmer is a vertically integrated Oklahoma cannabis business that has been a satisfied client of our for a long time. The post November 23 2020: Cannabis CPA [Client Spotlight] – Robot Pharmer | Oklahoma Cannabis Business first appeared on Cannabis Law Report.

Here We Go! Feds Sue California for Cannabis Business Records

Canna Law Blog

State legal cannabis businesses are used to the specter of the federal government in the rear view mirrors of their lives and businesses. Feds Sue California for Cannabis Business Records appeared first on Harris Bricken

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Is Bankruptcy Protection on the Horizon for Cannabis Businesses?

Canna Law Blog

After filing for bankruptcy, the debtor-landlord continued to accept rent from the cannabis business. The debtor-landlord proposed a plan of reorganization that would pay off its debts, which included some of the rent received from the cannabis business. Business Basics Legal IssuesAs most of us know, bankruptcy is just not an option for the cannabis industry or those even affiliated with it.

Cannabis Testing + Branding = Business Building

Cannabis Law Report

If left to their own devices in Cannabis, a mixed bag of state regulations will continue to confuse the market as they rush to implement policies that are challenging for business and almost impossible for the consumer to understand. QUESTION: What’s the state of the Cannabis business today? . The days of easy money and wild west operations have proven to be costly for the industry, not only in product risk, but in operational costs and the often gross mis-valuation of businesses.

Audit Reveals 3,000 Illegal Cannabis Businesses in California

Marijuana Lawyer Blog

Approximately 2,835 unlicensed dispensaries were listed as trading across California, according to the audit conducted by the United Cannabis Business Association (UCBA), a trade association representing a wide variety of licensed marijuana businesses. If you need help registering a cannabis business or initiating proceedings against an illegal marijuana dispensary, our Los Angeles marijuana business attorneys are here for you. United Cannabis Business Association.

Mondaq: Guernsey: Capital Markets Opportunities For Cannabis Businesses

Cannabis Law Report

The post Mondaq: Guernsey: Capital Markets Opportunities For Cannabis Businesses first appeared on Cannabis Law Report. A few years ago I was fortunate enough to be involved in an expedition which hiked through the jungle of the Democratic Republic of the … Read More.

Cannabis Businesses May Soon Be Able to Access Disaster Relief Funds

Veriheal

If approved, a new congressional bill could help cannabis businesses receive federal disaster relief funds. Under current regulations, cannabis businesses do not receive federal relief funds. The new bill is called the Small Business Disaster Relief Equity Act.

Maine: Regulators Now Accepting Retail Marijuana Business Applications

NORML

State regulators have begun accepting applications from those wishing to open licensed retail cannabis facilities. Maine voters initially approved the legalization of adult-use cannabis sales in November 2016 by passing a statewide initiative, but lawmakers — led by former Republican Gov. Paul LePage — repeatedly took steps to delay the law’s implementation. Applications may be submitted online to the Maine Office of Marijuana Policy.

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Double Hit On Insurance For Some Cannabis Businesses in 2020

Cannabis Law Report

Imagine if you live in NOCAL have a retail business in town that was looted over the summer and a farm that has been or … Read More. The post Double Hit On Insurance For Some Cannabis Businesses in 2020 first appeared on Cannabis Law Report.

Risky Business: Cannabis Security Interests and Secured Transactions

Canna Law Blog

It’s no secret many cannabis businesses can’t get bank accounts or loans or lines of credit from financial institutions because of the Bank Secrecy Act and federal anti-money laundering laws — despite current FinCEN guidance. The concept of starting a cannabis business on a shoestring budget has never really existed. My clients that lend to cannabis businesses routinely ask me whether their security agreements will be enforced in the event of a dispute.