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New Mexico Credit Union Receives the Nation’s First Financial Institution Certification for Cannabis and Hemp Banking Protocols

Cannabis Law Report

The overall certification model is accepted by state and federal agencies as the standard of compliance and in implementing general risk mitigating strategies. The curriculum focuses upon the following: The highest level of compliance standards that will meet the expectations of BSA and the FinCEN Guidelines.

Banking 52
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UK: Will The Cannabis Industry Be Allowed To Blossom? – Questions To Lawyers And Financial Professionals From Around The World

Cannabis Law Report

Legal and financial advisors are being contacted by cannabis businesses that need advice on intellectual property, employment law, taxes, regulatory compliance, lending and financial transactions, M&As, among other practice areas. Download the full publication, ungated for free here: [link].

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Greenest Cannabis Must Start Now

Cannabis Law Report

Each state has its own recycling regulations, so if you are a cannabis consumer, it would be helpful to know (a) what your state provides for cannabis end user recycling and (b) what it requires of legal medical cannabis companies and statewide dispensaries , if anything, as far as recycling-renewable compliance. August 2019.

Vaping 87
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Folium Biosciences Colorado: Stock hiking, cutting corners, sidestepping regulatory requirements & strong arm tactics

Cannabis Law Report

Colorado has long been regarded one of the the US’s better state markets for efficient compliance and good regulatory management by state and local authorities. Folium Biosciences is a Colorado headquartered company specializing in the cultivation, extraction, and manufacturing of hemp-derived bulk CBD ingredients and finished products.

Hemp 104
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Albania Presents Draft Law on Legalising Medical Cannabis Production

Cannabis Law Report

Entitled, ‘control of the cultivation and processing of the cannabis plant and the production of its by-products for medical and industrial purposes’, the law is now available online after being put forward by the Ministry of Health. DOWNLOAD DRAFT LEGISLATION PDF. Status: Open consultation. Purpose of the Law. In the Netherlands.

Law 52
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Federal Legalization – Then What?

Cannabis Law Report

We have written extensively about the critical need for restructuring and modification of the reporting and collection mechanisms utilized by the California Department of Tax and Fee Administration [“CDTFA”] for sales tax, cannabis cultivation tax [“CCT”] and cannabis excise tax [“CET”].

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You can now get a license to grow and sell cannabis from the state of California

Meadow

And so cultivators and even retailers are going to have to make a decision of whether they want to sell to both markets. And so the question comes down to, if you’re a cultivator and you can only sell to a group of folks that is getting smaller and smaller every year, are you going to continue to do that? Is your manufacturer licensed?