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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. Reform advocates , including NORML, had lobbied leadership to include banking reform in the latest COVID relief measure.

Packaging 279
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FinCEN Reports on Cannabis Banking and the SAFER Act

Veriheal

Every day, hundreds and thousands of people walk into cannabis dispensaries in legal states to purchase cannabis. Many financial institutions seek to be a part of the cannabis banking movement. In the past year, 553 banks and 202 credit unions provided their services to cannabis-related businesses. However, change is coming.

Banking 114
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NORML Canada Launches Post-Legalization Platform on One Year Anniversary of Marijuana Legalization

NORML

1) Increased Access. Our goal is to ensure consumers have ease of access to legal cannabis products, access to medical dispensaries, access to world-class product options, as well as access to affordable legal options. 4) US relations – border & banking.

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Dispensary Spotlight: Verilife North Aurora

Illinois News Joint

And check our Dispensary Directory for more information. Verilife dispensaries provide access to a diverse selection of quality cannabis products,” a Verilife spokesperson said. Verilife North Aurora also works with the Weldon Project for Cannabis Reform and Illinois Food Banks.

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NORML Issues Cannabis Policy Guidance For Lawmakers and Prosecutors For Protecting Public Health During COVID-19 Crisis

NORML

“As individuals and families struggle to cope with the day-to-day challenges of the COVID-19 global pandemic, it is inappropriate and irresponsible for state and local governments to continue utilizing precious resources and capacity to arrest, prosecute, and incarcerate Americans for marijuana violations,” said NORML’s Strekal.

Policy 282
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Dispensary Spotlight: Verilife Rosemont

Illinois News Joint

Verilife Rosemont is located at 5540 Park Place in Rosemont, Illinois, in the Parkway Bank Park Entertainment district. And check our Dispensary Directory for more information. Verilife dispensaries provide access to a diverse selection of quality cannabis products,” a Verilife spokesperson said. seven days a week.

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Unique Banking Challenges MSOs Encounter

Cannabis Law Report

While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi state operators (MSOs) need to take the specific requirements of each state into account in every aspect of their business, from product types offered to how they bank.

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