Cannabis Law Report

SEPTEMBER 28, 2021

National Law Journal’s 2020 Cannabis Trailblazer Katrina Skinner to Help Lead Company’s Legal Matters and Expansion into Banking, Financial and Payment-Related Services and Solutions for Cannabis Businesses and Related-Banking and Financial Sectors. Says the headline. Here’s the full press release.

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Banking Compliance Compliance Law 98

Cannabis Law Report

SEPTEMBER 9, 2021

Sahar Ayinehsazian , Senior Associate Attorney in Vicente Sederberg’s Los Angeles office, co-lead of the Firm’s Banking and Financial Services Department, and a member of the National Cannabis Industry Association’s Banking Access Committee. What steps should cannabis businesses take when trying and secure legitimate banking?

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Banking Sleep Business Events 93

Canna Law Blog

SEPTEMBER 12, 2023

Major banks like JPMorgan Chase and Wells Fargo, as well as landlords such as BentallGreenOak and Ashkenazy Acquisition Corp., This situation arises due to the proliferation of unlicensed retail shops in the city, with as many as 2,000 of them now operating since New York legalized recreational marijuana in 2021. Wells Fargo & Co.,

Banking 70

Banking Dispensary Retail Recreational 70

Cannabis Law Report

DECEMBER 2, 2021

December 2 2021. The American Bankers Association and 51 state bankers associations today urged Senate leadership to include the SAFE Banking Act in the upcoming National Defense Authorization Act. Joint ABA SBA Letter to Senate SAFE Banking Act NDAA 12022021. Joint ABA SBA Letter to Senate SAFE Banking Act NDAA 12022021.

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Banking Safety Business Law 105

SpeedWeed

APRIL 26, 2021

Banking in Cannabis 2021: What to Expect This Year – Cannabis Business Executive – Cannabis and Marijuana industry news. The post Banking in Cannabis 2021: What to Expect This Year – Cannabis Business Executive appeared first on SpeedWeed. View original article.

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Banking Business Cannabis Marijuana 52

The Blunt Truth

DECEMBER 9, 2021

It looks like marijuana banking will not be part of the NDAA. marijuana banking. Advocates of allowing the banking industry to serve cannabis businesses have seen many opportunities to enact legislation come and go. Lawmakers introduced a bill to require the FDA to regulate CBD. Although many are disappointed, including Rep.

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Banking Food CBD Legislation 115

Cannabis Law Report

OCTOBER 20, 2021

On this episode of the Lancaster Farming Industrial Hemp Podcast, we talk to Ashley Hess from Jonestown Bank & Trust. She is a certified cannabis banking professional, and she gives good advice on how to navigate the tricky waters of cannabis banking. Listen to the podcast at.

Banking 52

Banking Hemp Cannabis 52

Cannabis Law Report

JULY 1, 2021

Cannabis banking options are still quite limited for marijuana entrepreneurs, despite 36 states legalizing medical marijuana and 17 states permitting recreational adult use, according to the National Conference of State Legislatures. Are there cannabis-friendly banks? Compare 5 cannabis-friendly banks and credit unions.

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Banking Compliance Compliance Business 110

Cannabis Law Report

JUNE 9, 2021

The ever evolving cannabis industry has experienced major developments in 2021 and the trend is expected to continue. federal legislation have been revived, the Marijuana Opportunity Reinvestment and Expungement Act (the “MORE Act”) and the Secure and Fair Enforcement Banking Act (“SAFE Banking Act”). On May 28, 2021, House Rep.

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Legalization Banking Advocacy Legislation 105

Cannabis Life Network

DECEMBER 20, 2020

Are you wondering where to buy marijuana seeds in 2021? In 2021, there’s no better place to buy your cannabis seeds than online. Buying Cannabis Seeds Online Most cannabis seed banks have an online shop, which means you can go straight to the source to purchase your cannabis […]. Look no further.

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Banking Marijuana Cannabis Oil 86

Cannabis Law Report

DECEMBER 7, 2021

02 December 2021. Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. Members of Congress have introduced the SAFE Banking Act or similar legislation in prior Congresses. by Evelina J. Norwinski , Kevin Toomey , David J.M.

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Banking Compliance Compliance Business 52

Cannabis Law Report

JULY 8, 2021

In exclusive comments to Green Market Report , Jason Wilson, cannabis banking and research expert at ETFMG (NASDAQ: MJ), which issues the ETFMG Alternative Harvest exchange-traded fund, has given his opinion about the industry for the rest of 2021. The comments are overwhelmingly positive. In the U.S.,

Banking 111

Banking Cannabis Legalization Legislation 111

Cannabis Law Report

JANUARY 14, 2022

We have spent considerable time reviewing the cannabis banking operation and remain very impressed with how these businesses have been served,” said Bob Rivers, Chief Executive Officer and Chair of the Board of Eastern and Eastern Bank. “We Terms of the transaction, which are not material to Eastern, were not disclosed.

Banking 52

Banking Business Conditions Media 52

The Blunt Truth

SEPTEMBER 23, 2021

Cannabis banking hitches a legislative ride on the National Defense Authorization Act. Earlier this week, the House of Representatives voted to add the SAFE Banking Act as an amendment to the National Defense Authorization Act. The House still needs to vote on the Act itself, but it looks as if cannabis banking is headed to the Senate.

Banking 114

Banking Legislation Legalization Retail 114

Cannabis Law Report

FEBRUARY 10, 2021

State Agencies Enact Regulations to Improve Banking Access for Cannabis Industry California has enacted regulations to implement Assembly Bill 1525.… The post Manzuri Law: CA & LA Updates From The Firm – February 2021 first appeared on Cannabis Law Report. … Read More.

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Law Banking Access Cannabis 98

Cannabis Law Report

NOVEMBER 8, 2020

Some lessons to be learnt here from Canada by US cannabis companies if they actually want SAFE to go through in 2021 Yahoo Finance reports… Read More. The post Canadian Banking System Losing Patience With Big Cannabis first appeared on Cannabis Law Report.

Banking 59

Banking Cannabis Law 59

The Blunt Truth

MARCH 18, 2021

Will the SAFE Banking Act finally have its day in the Senate? Could 2021 be another year of “close but no cigar” for New York cannabis? The SAFE Banking Act returns for another shot at enactment. Ed Perlmutter (D-CO) is the sponsor, hoping it will succeed in 2021, where it failed in 2020. and finally.

Banking 77

Banking Dispensary Events Legalization 77

Cannabis Law Report

AUGUST 18, 2021

OKLAHOMA CITY – Today, VICTOR NGO , 33, of Oklahoma City, and FRIENDLY MANAGEMENT GROUP, LLC (FMG) , an Oklahoma business, pleaded guilty in connection with a scheme to open a bank account under false pretenses to launder proceeds from marijuana sales, announced Acting U.S. Today, Ngo pleaded guilty to making a false statement to a bank.

Banking 98

Banking Business Marijuana Compliance 98

Cannabis Law Report

JUNE 18, 2021

atai’s common shares are expected to begin trading on the Nasdaq Global Market on June 18, 2021 under the ticker symbol “ATAI.” The round was led by Ambria Capital as well as investors in the psychedelics, banking, and medical practice sectors. The post Psychedellux June 18, 2021 appeared first on Green Market Report.

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Research and Development Banking Programs Treatment 114

Cannabis Law Report

OCTOBER 7, 2021

Read my op-Ed on Marijuana Banking [link]. Hood (@Rodney_e_hood) October 8, 2021. Taking action to clarify banking rules for the legal cannabis industry now, rather than standing by while states construct an ad hoc system of conflicting banking rules, will go a long way toward easing that transition.”. — Rodney E.

Banking 52

Banking Access Business Recreational 52

Cannabis Law Report

SEPTEMBER 9, 2021

NEW YORK–(BUSINESS WIRE)–BTIG announced today that it will hold its first cannabis-focused conference, which will take place virtually, on Wednesday, September 29, 2021. BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. About BTIG.

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Research and Development Banking Media Events 102

Cannabis Law Report

SEPTEMBER 14, 2021

Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, today announced its partnership with Green Check Verified (GCV), the top provider of cannabis banking solutions for financial institutions. Abrigo partners with Green Check Verified to expand cannabis banking support to financial institutions.

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

FEBRUARY 26, 2021

THE PRICE – Free THE DATE – Thursday, March 18, 2021 THE RATING – THE BLURB – Hemp and CBD… Read More. The post Key Banking and Credit Card Processing Issues that All Hemp Businesses Must Get Right. first appeared on Cannabis Law Report.

Banking 59

Banking Hemp Business CBD 59

Cannabis Law Report

JUNE 21, 2021

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. Thursday, June 17, 2021. The inability of these state-legal entities to bank their significant cash reserves is an issue of public safety. Washington, D.C. Oregon’s U.S. Senator Jeff Merkley and U.S.

Banking 66

Banking Legislation Safety Dispensary 66

Veriheal

MARCH 23, 2021

Jim Patterson, the former head of the Eaze cannabis delivery company , has pleaded guilty to committing bank fraud while he was still active as CEO. Why Commit Bank Fraud? In 2021, after all, many people don’t carry cash. Why was it deemed necessary? And what are the implications for other businesses?

Banking 52

Banking Business Dispensary Cannabis 52

Veriheal

MAY 22, 2023

In April 2023, Maine’s Office of Cannabis Policy (OCP) reported an exodus of about 1350 cannabis primary caregivers from the state’s medical marijuana market between 2021 to January 2023. Business costs, banking regulations/fees, and competition with the adult-use market followed in succession. said utility cost.

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Programs Patients Cannabis Policy 90

Cannabis Law Report

OCTOBER 28, 2021

ON OCT 27, 2021. Wayne-based Valley National Bank, a subsidiary of Valley National Bancorp, is creating a new digital payment platform designed specifically for cannabis-related businesses. Valley is one of the largest national banks serving multi-state cannabis-related business operators. NJB News reports.

Banking 52

Banking Compliance Compliance Programs 52

Cannabis Law Report

AUGUST 23, 2021

Recorded August 18, 2021. A Grown In webinar featuring Stacy Litke from Green Check Verified and Carly Berard from the Illinois Bankers Association.

Banking 105

Banking Cannabis Law 105

Americans for Safe Access

MAY 25, 2021

The May 2021 ASA Activist Newsletter is now out. You will also find out how to access the recorded panels from Unity 2021 to catch anything you missed. Our lead story addresses the ISO 17065 Accreditation of our PFC program and explains why PFC becoming the first cannabis certification body to have achieved this matters so much.

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Research and Development DEA Banking Access 149

The Blunt Truth

JULY 1, 2021

Perhaps 2022 will be the First State’s year to pass a cannabis bill, because it’s going nowhere in 2021. A House subcommittee passed a bill that would allow the District of Columbia to legalize marijuana sales and afford some protection to banks working with cannabis companies.

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Chronic Pain Banking Legislation Programs 97

Cannabis Law Report

DECEMBER 16, 2021

This is how Manzuri saw 2021 through the prism of California & Cannabis. This year our office wrote about the various legislative and policy changes – We break down 2021’s highlights below. This year our office wrote about the various legislative and policy changes – We break down 2021’s highlights below. What a year!

Law 98

Law Supply Chain Banking Cultivation 98

Cannabis Law Report

DECEMBER 14, 2021

14, 2021 /PRNewswire/ — Today, New Mexico Attorney General Hector Balderas announces that New Mexico -based US Eagle Federal Credit Union is the first financial institution to become certified in the country for outstanding U.S. monetary banking protocols in banking cannabis and hemp operations.

Banking 52

Banking Hemp Compliance Compliance 52

Cannabis Law Report

APRIL 3, 2021

Here’s the introduction to their piece published 2 April 2021 Introduction In September 2019, the U.S. House of Representatives passed… Read More.

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Banking Law Cannabis 76

Cannabis Law Report

JULY 22, 2021

.–(BUSINESS WIRE)– #creditunions –NAFCU Services invites credit union professionals to take part in the 2021 Innovation Spotlight , a virtual event gathering hundreds of attendees each year, to be held July 28 at 1 PM ET. Each honoree will be given a five-minute window to present their demonstration to participants.

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Events Banking Topical Education 105

Cannabis Law Report

JULY 12, 2019

The California legislature is currently considering a first-of-its kind urgency bill, SB 51, the “Cannabis Limited Charter Banking and Credit Union Law.” The law would empower privately insured charter banks and credit unions to be licensed as “cannabis depository institutions”, or “CDIs”, to bank California cannabis money.

Banking 40

Banking Business Cannabis Legislation 40

Cannabis Law Report

APRIL 5, 2022

This included both the Porsche and Lamborghini that had to be turned over to David Brockway at 5star Bank by 2pm on February 15th. 5star Bank also issued Folium one of its $2 million PPP loans, which government records show Folium says was used to retain around 200 employees during Covid-19 lockdowns. . Kashif Shan. 5Star Stip.

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Banking Extraction Law Safety 52

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 103