Canna Law Blog

FEBRUARY 9, 2022

Many cannabis companies are thinking about creative ways to pivot into the developing psychedelics market. It’s one thing for companies to leave cannabis altogether and go full tilt into the psychedelics space. But mixing cannabis and psychedelics into one business presents some unique – and serious – risks.

Business 80

Business Banking Compliance Compliance 80

Canna Law Blog

MARCH 20, 2023

We’ve written regularly about the plight of cannabis businesses not being able to secure traditional lending (and other financial services) from major, federally regulated institutions. Despite adoption by a growing number of states, marijuana is (still) federally illegal. How does a Rule 504 exempt offering work?

Business 74

Business Banking Compliance Compliance 74

Cannabis Law Report

MAY 28, 2022

Despite progress over the past decade, the cannabis industry still struggles to access a fundamental piece of the U.S. Congress should either legalize cannabis or stop deputizing banks as drug enforcement investigators. To be clear, the existing policy does not ban financial services for the cannabis industry.

Banking 52

Banking State Laws Law DEA 52

Cannabis Law Report

JANUARY 25, 2022

San Diego’s Cannabis Business Division received a $764,261 grant from the California Department of Cannabis Control , intended to develop tools to help businesses comply with local and state laws, it was announced Monday. The Times of San Diego reports.

Business 52

Business Compliance Compliance Education 52

Cannabis Law Report

JANUARY 9, 2020

1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Seed-to-sale tracking compliance. 16 and Dec.

Compliance 59

Compliance Compliance Programs Seed-To-Sale 59

Cannabis Law Report

MAY 6, 2019

Operational compliance has become paramount to the success of many cannabis businesses following new state regulations that went into effect earlier this year. For others, non-compliance has been a great downfall. This is largely due to the cumbersome location-dependent nature of cannabis regulations.

Compliance 45

Compliance Compliance Safety Legislation 45

Cannabis Law Report

AUGUST 3, 2021

In the continuing trend of normalizing the cannabis industry for practical reasons, the New York State Bar Association’s (NYSBA) Committee on Professional Ethics issued Opinion 1225 (the Opinion). In short, the NYSBA now expressly permits lawyers to represent clients in New York’s recreational cannabis industry.

Business 105

Business Recreational State Laws Law 105

Cannabis Law Report

JUNE 6, 2022

The Oregon Psilocybin Services – Training program, Licensing, and Compliance system is a now LIVE! Dear Partners, The Oregon Psilocybin Services (OPS) – Training program, Licensing, and Compliance (TLC) system is now LIVE! Under state law, career schools must be licensed by the HECC (see ORS 345.010 to 345.450).

Compliance 52

Compliance Compliance Programs State Laws 52

Canna Law Blog

AUGUST 2, 2020

State legal cannabis businesses are used to the specter of the federal government in the rear view mirrors of their lives and businesses. Unless you’ve been living under a rock, you know that cannabis remains federally illegal. is relevant and material to a legitimate law enforcement inquiry.”

DEA 98

DEA Business Compliance Compliance 98

Cannabis Law Report

APRIL 5, 2019

We thank Andrew Sacks for highlighting this during yet another busy week. A bipartisan bill protecting state laws regulating marijuana use from the federal government was reintroduced on Thursday in the House and Senate. The legislation, which allows states to determine their own cannabis policies, was offered by Sens.

State Laws 59

State Laws Legislation Law Policy 59

The Blunt Truth

SEPTEMBER 10, 2019

Citing growth in hemp-related commerce, the NCUA emphasized the need for credit unions to understand the gamut of regulation across jurisdictions in order to lend lawfully to hemp-related businesses. The NCUA instead stressed the need for robust compliance systems to detect unusual suspicious activities warranting such filings.

Hemp 78

Hemp Business Compliance Compliance 78

Canna Law Blog

DECEMBER 6, 2022

Whenever we get a cannabis-related memo from DOJ, I get pretty excited. This five-page memo is of particular import because it deals with cannabis financial crimes and enforcement. DOJ “issues” The SAFE Banking Act neither legalizes cannabis nor reschedules it on the Controlled Substances Act. Section 280E.

Banking 81

Banking Compliance Compliance State Laws 81

SpeedWeed

AUGUST 21, 2021

As part of the application process, the department is requiring those applicants to participate in classes “to ensure that social equity applicants are prepared for the application process and the challenges of running a marijuana business.”. View original article.

Business 52

Business Programs State Laws Dispensary 52

Cannabis Law Report

MAY 29, 2021

Through the Marijuana Regulation and Taxation Act recently signed by Governor Andrew Cuomo, New York legalized recreational cannabis use by adults over the age of 21. Learn more about our Cannabis Practice by clicking here. For more information, please contact the Chair of our Cannabis Practice, Steve Malito at SAM@dhclegal.com.

Compliance 100

Compliance Compliance Safety Law 100

NORML

JUNE 27, 2019

Today, Senator Ron Wyden and Congressman Earl Blumenauer introduced legislation to allow for interstate commerce when it comes to state-legal cannabis programs. “Just as Americans around the country enjoy Kentucky bourbon, so should they be allowed to enjoy Oregon cannabis.” and tribal communities.

Legislation 277

Legislation Programs Marijuana Compliance 277

Cannabis Law Report

MARCH 21, 2019

Cannabis Industry Writer and Director of Content at AxisWire. Legal cannabis in the U.S. is a billion-dollar industry, but high overhead and the complex requirements to stay compliant with state laws and regulations make it hard for small business owners to succeed. Legal cannabis in the U.S.

Compliance 45

Compliance Compliance Dispensary Seed-To-Sale 45

MMJ Recs

OCTOBER 26, 2023

This guide aims to provide an in-depth exploration of medical marijuana laws in the USA, offering insights into the regulations, the legal status of medical marijuana, the differences between federal and state laws, patient rights, dispensary regulations, and much more.

Law 98

Law Marijuana Programs Dispensary 98

Canna Law Blog

MAY 22, 2020

Cannabis isn’t federally legal. Companies who operate in the cannabis space really only have the protection of the state’s laws in which they operate. Even full compliance with state laws is no shield to federal penalties or enforcement. I wrote about this late last year. Helix TCS, Inc.

Business 90

Business Law Compliance Compliance 90

Canna Law Blog

SEPTEMBER 14, 2019

As most of us know, bankruptcy is just not an option for the cannabis industry or those even affiliated with it. To date, courts have generally ruled that debtors who work in the cannabis industry or derive meaningful income from cannabis activity (directly or indirectly) cannot use bankruptcy. This is in response to the U.S.

Business 75

Business Compliance Compliance Cannabis 75

NewsMunchies

MAY 16, 2023

Artificial intelligence is a powerful tool that can be applied in many aspects of the cannabis industry. The legalization of medicinal and recreational cannabis at the state level has created a growing desire to roll out more products to more consumers. AI can potentially solve that problem.

Supply Chain 93

Supply Chain Data Strains Cultivation 93

Cannabis Law Report

JUNE 3, 2021

Because they are held to consistent standards and must prove compliance with these standards, companies which obtain GMP certifications can often present stronger acquisition targets. Kim Stuck is the founder and CEO of Allay Consulting , a compliance strategy and services provider serving the hemp and cannabis industries nationwide.

Hemp 76

Hemp Compliance Compliance Safety 76

SpeedWeed

MARCH 24, 2021

In the latest episode of the Cannacurio Podcast from Cannabiz Media, I speak with Tony Repanich, President and Chief Operating Officer of Shield Compliance , a comprehensive compliance management platform for banking cannabis-related businesses. Because there’s a lot of compliance issues in place here.

Compliance 52

Compliance Compliance Banking Data 52

The Blunt Truth

MAY 28, 2020

The California State Bar Ethics Committee recently adopted Opinion No. 2020-202, which concludes that attorneys may ethically advise clients regarding compliance with California’s cannabis laws and assist them with conduct permitted under state law, despite the fact that the client’s conduct may be prohibited under federal law.

Compliance 107

Compliance Compliance State Laws Law 107

Otherside Farms

MAY 5, 2020

It is very challenging to manage finances in any business, especially when it comes to small businesses. Financing for the cannabis industry is much harder to secure because of the complex regulations associated with this industry; most transactions have to be made in cash. Financing Options for Weed Businesses.

Business 52

Business Banking Seed-To-Sale Compliance 52

MJ Business Attorneys

JUNE 20, 2018

” Although twenty-nine states have enacted laws permitting the use of medical marijuana, and nine states have legalized recreational marijuana use for adults, the clash with federal policy on cannabis has been a nightmare for marijuana businesses.

Banking 100

Banking Compliance Compliance Marijuana 100

Cannabis Law Report

SEPTEMBER 10, 2019

Citing growth in hemp-related commerce, the NCUA emphasized the need for credit unions to understand the gamut of regulation across jurisdictions in order to lend lawfully to hemp-related businesses. The NCUA instead stressed the need for robust compliance systems to detect unusual suspicious activities warranting such filings.

Hemp 45

Hemp Business Compliance Compliance 45

Cannabis Law Report

DECEMBER 4, 2021

With growing support for cannabis reform all across the nation and Washington, D.C. This will help cannabis-related businesses, create jobs, and strengthen public safety in our communities.”. Cash-only industries also complicate tracking revenues for purposes of taxation and regulatory compliance.”.

Banking 52

Banking Safety Compliance Compliance 52

MJ Business Attorneys

AUGUST 27, 2019

” The ABA’s solution to federal regulatory reform is essentially an endorsement of the Strengthening the Tenth Amendment Through Entrusting States Act (“STATES Act”). Feldmann, member of ABA’s Cannabis Task Force Committee. Content provided by Charles E. See www.ambar.org/tipscannabis.

Research and Development 100

Research and Development Legislation Banking Compliance 100

MJ Business Attorneys

AUGUST 27, 2019

” The ABA’s solution to federal regulatory reform is essentially an endorsement of the Strengthening the Tenth Amendment Through Entrusting States Act (“STATES Act”). Feldmann, member of ABA’s Cannabis Task Force Committee. Content provided by Charles E. See www.ambar.org/tipscannabis.

Research and Development 100

Research and Development Legislation Banking Compliance 100

Canna Law Blog

DECEMBER 23, 2021

For the past year, the Internal Revenue Service (IRS) has directed its attention to the cannabis industry– in a helpful way! This includes promulgation of cannabis tax guidelines as well as webinars and public forums dedicated to tax compliance for marijuana businesses (together, the “Guidelines”).

Compliance 83

Compliance Compliance Business Cannabis 83

Canna Law Blog

SEPTEMBER 6, 2023

The HHS news means that the country’s top health agency has finally conceded that cannabis has medical value, and isn’t a drug of abuse on par with fentanyl or heroin. If cannabis goes from a Schedule I to a Schedule III, the cannabis industry as we know it will forever change. if the plant is moved to Schedule III.

Research and Development 113

Research and Development DEA Marijuana Pharmaceutical 113

Cannabis Law Report

SEPTEMBER 11, 2021

Under the supervision of the Executive Director of the Georgia Access to Medical Cannabis Commission. This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. Advise appropriate leadership of problems and/or trends within the cannabis industry in Georgia.

Compliance 105

Compliance Compliance Seed-To-Sale Data 105

Cannabis Law Report

APRIL 13, 2022

Although the Budget includes the usual categories of expenditures we have come to expect from Albany, it also introduces certain tax-related measures, some of which are certain to be welcomed by the general business community, and a few that may be meaningful to certain industries. New York on Cannabis.

Business 52

Business Cannabis Law Decriminalization 52

NORML

JUNE 23, 2019

Also this week, the House Committee on Small Business held a hearing 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. California. CA resident? CA resident? DE resident?

Legislation 187

Legislation Hemp Decriminalization Agriculture 187

SpeedWeed

MARCH 14, 2021

A once-significant player in Nevada’s cannabis industry is in the final stages of liquidating more than $12 million worth of assets under the guidance of a state court, offering a potential road map for marijuana businesses that are barred from seeking federal bankruptcy protection. The sale generated $12.4

Business 52

Business Marijuana Retail Compliance 52

Canna Law Blog

NOVEMBER 16, 2023

We are helping build out another cannabis banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. Here is my shorthand: “ Direct Marijuana Business.” Here is my shorthand: “ Direct Marijuana Business.” That’s banking.

Banking 81

Banking Business Cannabis Hemp 81

Canna Law Blog

JANUARY 10, 2023

Will we see tax reform in 2023 for cannabis sellers? Now that it’s dead and gone (for now), the industry may take some tiny hope in the fact that Republican House Representative Nancy Mace is back again with some cannabis legislation. IRC 280E is devastating for the cannabis industry. Even if Rep. The impact of IRC 280E.

Legalization 75

Legalization Banking Seed-To-Sale Compliance 75