Greenspoon Marder Cannabis Law Group Blog

JULY 26, 2019

On Tuesday July 23, 2019, the United States Senate Committee on Banking, Housing, and Urban Affairs hosted a hearing to discuss national safety implications relating to federal regulations that force cannabis businesses to operate on a cash basis. And that puts them and the Americans they do business with at risk. .

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Banking Cannabis Business Safety 40

Cannabis Chronicles

MAY 22, 2019

McDonell said research institutions are limited in their access to cannabis users by federal laws that could affect funding. While there are methods available for collecting that data, including a smartphone app called “Releaf,” there are still patients who are wary of sharing information, even anonymously, due to federal laws, she said.

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Cannabis Law Report

OCTOBER 10, 2019

They have data and reports in play and we presume have fairly healthy numbers in terms of B to B clients. said New Frontier Data Founder and CEO Giadha Aguirre de Carcer. based New Frontier Data was founded in 2014 and has grown to over a 50-person team, with three offices in the United States and Europe. Washington, D.C.-based

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Data Media Banking Cannabis 40

Cannabis Law Report

JULY 26, 2021

Due to laws at the Federal level restricting the presence of banks within the cannabis sector, merchants and businesses have long struggled to offer convenient payment mechanisms to their shoppers – many of whom are used to paying online but often can’t when it’s a cannabis store.

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Dispensary Banking Access Data 105

Veriheal

AUGUST 14, 2023

In a recent controversial move, Mastercard issued a directive to United States banks, ordering them to block cannabis purchases on its debit cards. This new mandate struck a chord because, unlike credit cards, debit cards are linked directly to an individual’s bank account.

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Banking Dispensary Recreational Cannabis 98

SpeedWeed

APRIL 2, 2021

Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.

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Canna Law Blog

SEPTEMBER 26, 2019

Moreover, the lawmakers are hoping that regulatory certainty will provide stakeholders access to banking services and open up new economic opportunities for the industry while at the same time protect consumers. Overall, both of these effort by U.S.

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Cannabis Law Report

JULY 26, 2021

Due to laws at the Federal level restricting the presence of banks within the cannabis sector, merchants and businesses have long struggled to offer convenient payment mechanisms to their shoppers – many of whom are used to paying online but often can’t when it’s a cannabis store. .

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SpeedWeed

MARCH 1, 2021

For the small business owner, selling a private company to an SPAC can deliver a faster IPO process and increase the selling price point than working with an investment bank. 2 – Get your house in order (or at least the data room). 3 – Take it to the bank. Get your money in the bank, and get that stable revenue down on paper.

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Cannabis Law Report

JANUARY 21, 2022

20, 2022 /PRNewswire/ — Dama Financial (“Dama”), the nation’s largest provider of access to banking and payment solutions for the cannabis industry, has entered into an agreement to acquire GrowFlow Corp. (“GrowFlow”), whose business management and compliance tools have processed more than $3.3

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Supply Chain Compliance Compliance Banking 52

Cannabis Law Report

SEPTEMBER 12, 2021

Top Federal Financial Regulator Slams Congress Over Marijuana Inaction And Calls For Interagency Banking Workgroup. Hood Remarks at the PBC Conference 2021: Payments, Banking, Compliance in the Cannabis Industry. Here’s his full presentation. September 2021. NCUA Board Member Rodney E. Board Member Rodney E. The Hemp Precedent.

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Banking Law Legalization Hemp 89

Cannabis Law Report

JANUARY 12, 2022

Through this collaboration, the NPA and Maya will offer both the education and the technology infrastructure needed to make this possible, ensuring accessibility and safety to all communities. “We NPA’s mission is to ensure all Americans get the support they need to safely access psychedelic-assisted care.

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Cannabis Law Report

OCTOBER 4, 2021

Also missing: hard data about it. It is written in three parts: The Current State of Diversity in the Cannabis Industry (includes data on ownership, exec positions, breakdown by sector, employees, select states’ data, etc). This shift isn’t driven solely by the decline in women cannabis executives; the latest data from the U.S.

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Data Programs Business Banking 52

SpeedWeed

JULY 5, 2021

Green Check Verified is a leading provider of cannabis banking solutions and expert advisory services for financial institutions. A key reason that Green Check Verified subscribes to the Cannabiz Media License Database is for access to comprehensive information about market sizes and opportunities. Your submission has been received!

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Media Banking Research and Development Compliance 52

Cannabis Law Report

JANUARY 10, 2020

This continues to create challenges for marijuana businesses, including access to the payment and banking systems. xiii Dispensary counts are estimated using current business licensing data from Colorado Department of Revenue Enforcement Division. The data can be found here: [link]. Conclusion. Retrieved from [link].

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Banking Marijuana Collective Recreational 59

Cannabis Law Report

JUNE 16, 2022

million cultivated marijuana plants and made more than 6,600 marijuana-related arrests in 2021, according to annual data compiled by the US Drug Enforcement Administration. . Federal law enforcement agents and their partners seized over 5.5 million cultivated cannabis plants last year – a 20 percent increase over 2020’s totals.

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Cannabis Law Report

APRIL 19, 2019

In the fall of 2018, New Frontier Data, which is run by Giadha Aquirre De Carcer, broke off a business partnership with another data research firm, Prohibition Partners, after a disagreement on the quality of data used in a research report detailing the investment opportunities in the Australian cannabis market. We have answers!

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Research and Development Data Media Banking 61

Cannabis Law Report

NOVEMBER 15, 2021

At-large board member Andrew Turnage, Executive Director at the Georgia Access to Medical Cannabis Commission. Public Health and Data Monitoring. Banking, Finance, and Taxation. At-large board member Chris Tholkes, Director of the Office of Medical Cannabis at the Minnesota Department of Health. Social and Economic Equity.

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Cannabis Law Report

AUGUST 24, 2022

Deposits were made by bank transfer or with Bitcoins. In the further course, however, payments failed to materialize and customer accounts could no longer be accessed. With amounts starting from €50, participation in cultivation, harvest, and sale via virtual greenhouses was possible since 2020. mobile app. million each.

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Data Banking Cultivation Business 52

Cannabis Law Report

AUGUST 20, 2022

One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services. billion (New Frontier Data). Where Do We Go From Here? billion to $40.9

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Wellness and Beauty Banking Decriminalization Business 52

Cannabis Law Report

AUGUST 21, 2019

entitled “ The IRS Is Using Its Big Data and Reminds Us and Its Agents That They Have Access to Records of Large Cash Transactions at Financial Institutions “. The IRS has recently provided interim guidance to clarify actions IRS Examiners musttake to analyze and document Currency Transaction Report (CTR) data during an audit.

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Banking Data Access Business 45

Cannabis Law Report

JANUARY 1, 2020

Now, it appears, that cannabis content could be on the same trajectory as new data is shows a 42.7 Data shows 42.7 Amazon, Apple, Netflix Bank on Cannabis Content. Content is king and this has been par for the course across many industry sectors for the past decade. Cannabis content is getting in on the streaming wars.

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Data Banking Cannabis Programs 66

Veriheal

NOVEMBER 20, 2020

This is also an opportunity to grow our workforce and expand access to job training and education for so many people.” Statistical data published by Headset Insights Pulse revealed that Michigan’s medical and recreational cannabis markets in 2020 brought in 313.7 These bipartisan bills are going to be a game-changer.”

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Cannabis Law Report

JANUARY 18, 2022

Bookkeep Solutions Eliminate Manual Data Entry, Deliver More Accurate Financial Reporting, and Address the Challenges Created by New Payment Methods and Sales Channels. Retailers of all sizes rely on Bookkeep to access more timely and accurate financial reports and grow their business. Automated Payment Reconciliation.

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Cannabis Law Report

JULY 6, 2021

Backed by finance and banking industry veteran Jonathan Sandelman, Mercer Park completed its initial public offering and began trading on the NEO Exchange on May 13, 2019. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field.

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Cannabis Law Report

SEPTEMBER 9, 2021

The collection of data for the final study was through focused interviews with a snowball sample of eight participants who have experienced trying to enter the cannabis industry in Western City, California. Data were analyzed based on the central question, and three themes emerged. Theme 3 involved access to capital. References.

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The Cannigma

JULY 1, 2022

Research funding is also up, and all of this data influences how we see, think and hear about the plant and its effects. Additionally, there are misleading practices of “p-hacking” where researchers can manipulate data through different statistical tests (thanks to modern computer programs) looking for statistically significant findings.

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Research and Development Data THC Clinical Trials 112

Cannabis Law Report

JUNE 30, 2021

A key measure in opening this market could be The SAFE Banking Act of 2021, which has already passed in the U.S. To access the full copy of this special report, please visit [link] . AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

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Cannabis Law Report

MAY 12, 2022

Hopes have faded for the Safe and Fair Enforcement (SAFE) Banking Act to become federal law within the next twelve months, and the Cannabis Administration and Opportunity Act (CAOA) probably won’t be introduced in August as announced. Expectations for Legal Reform.

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Banking Environment Data Cannabis 52

Cannabis Law Report

FEBRUARY 2, 2022

Penalties for errors or missed tax filings can be crucial for companies, that may lead to fines, business licence revocation, loss of access to lending and jeopardising financial credit history. We will be innovating in the Bermuda Monetary Authority’s insurance sandbox to help provide governments insured tax data through MAP Insurance®.

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Cannabis Law Report

MAY 2, 2019

The agency is called the California Cannabis Authority [yet another “CCA”] and here is the short version: The California Cannabis Authority is a Joint Powers Authority established by county governments to develop and manage a statewide data platform. The CCA’s By-Laws can be found here. CCA currently has six member counties.

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Data Compliance Compliance Business 45

MMJ Recs

MARCH 16, 2024

Changes in regulations can have ripple effects throughout the industry, impacting supply chains, investment strategies, and consumer access to medical cannabis products. By optimizing supply chain management and logistics operations, businesses can enhance efficiency, reduce costs, and improve patient access to medical marijuana products.

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Supply Chain Research and Development Marijuana Seed-To-Sale 105

Veriheal

AUGUST 3, 2021

This legislation provides important updates to our state’s medical [cannabis] program to ensure that patients have improved access to medication.”. Cannabis industry data analytics firm Headset Insights confirmed the industry’s success in April, when it published a report highlighting $909.4

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CannaMD

APRIL 15, 2020

Because many of these patients are among our more vulnerable populations, it is essential that they maintain uninterrupted, regulated access to lab-tested products during this time. Allow State-Legal Business Access To Banking Services. There are several million state-licensed medical cannabis patients in America.

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Policy Patients Dispensary Banking 55

Cannabis Law Report

APRIL 26, 2022

Yet these companies are building businesses in a tough market plagued by myriad challenges, from banking prohibitions to ever-changing regulations. Cultivators and brands can use this barcode to upload and access test results and compliance certifications. Cannabis companies face unprecedented headwinds.

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Cannabis Law Report

OCTOBER 5, 2019

On January 1, 2020, the California Consumer Privacy Act (CCPA), a consumer-friendly privacy law inspired by the European Union’s General Data Protection Regulation, is set to take effect. Although the CCPA is expressly directed at consumer privacy, it also has implications for employment-related data.

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Canna Law Blog

SEPTEMBER 18, 2023

I’m pretty sure that more ink has been spilled on the Secure and Fair Enforcement Act (“SAFE Banking”), than any other proposed cannabis law. Specifically, SAFE Banking was introduced in 2017 and it passed the House seven times (seven times!) SAFE Banking will finally go to mark-up this week in the Senate Banking Committee.

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Banking Access Business Compliance 86