Veriheal

SEPTEMBER 14, 2020

Lawmakers are looking at ways to increase the state’s revenue, and to no surprise, some suggest legalizing recreational cannabis. Tom Wolf is one of those lawmakers who is pushing for the legalization of recreational cannabis. That could all change if the state were to adopt new recreational cannabis laws.

Recreational 98

Recreational Legalization Seed-To-Sale Pharmaceutical 98

Veriheal

OCTOBER 18, 2021

With 19 states currently selling recreational cannabis, it may be tempting to forgo a medical card, even if you qualify as a patient. While recreational marijuana is accessible in many states for those of age, there are still some benefits to having a medical marijuana card and purchasing medical marijuana instead of recreational pot.

Recreational 98

Recreational Retail Patients Cannabis 98

Cannabis Chronicles

FEBRUARY 8, 2019

The chamber has set a hearing next week on a bill intended to make banking services more widely available for pot companies. It would also reduce barriers for legal marijuana businesses to get access to banking. A proposal similar to Wyden’s previously languished in the Senate and House. However, Rep.

Banking 159

Banking Packaging History Compliance 159

MassRoots

AUGUST 3, 2020

Louisiana’s medical marijuana program may have been established three years ago, but patients were not granted access to medicine until August of 2019 when the first round of the product became available. Federal Law: SAFE Banking Act. Some Senators may need encouragement from you, the constituents, to support the SAFE Banking Act.

Programs 124

Programs Banking Marijuana Conditions 124

SpeedWeed

FEBRUARY 18, 2019

lawmakers are once again exploring efforts to allow legal cannabis businesses access to banks. The Democratic-controlled House Financial Services Committee on Wednesday held a hearing to discuss the Secure and Fair Enforcement Banking Act of 2019, also known as the SAFE Banking Act, reports Yahoo Finance.

Banking 61

Banking Business Marijuana Safety 61

The Blunt Truth

MAY 15, 2020

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. You will also recall that recreational stores were forced to close.

Banking 106

Banking Research and Development Programs Advocacy 106

Veriheal

SEPTEMBER 3, 2020

The latest round of COVID-19 relief legislation has just come down the pike from the Senate, and while provisions have been made to protect several industries dealing with struggles stemming from the pandemic and the resultant economic crisis, the plan makes no attempt to provide protections for banks that service the cannabis industry.

Banking 98

Banking Business Cannabis Recreational 98

WeedAdvisor

FEBRUARY 20, 2019

Banks Pushing for Access to Legal Marijuana Industry. In yet another unprecedented leap forward, United States banks are asking Congress to protect them from federal prosecution over dealing with legal marijuana businesses, according to U.S. This creates a problem for banks. Limitations for Cannabis Businesses.

Banking 40

Banking Access Legalization Marijuana 40

MassRoots

AUGUST 4, 2020

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? Virgin Islands have enacted either medicinal or recreational legalization amendments.

Banking 52

Banking Access Business Programs 52

Illinois News Joint

JULY 29, 2024

The retail store opened at a new location April 24, 2024, and serves medical and recreational consumers. For a live recreational menu, visit here. Verilife dispensaries provide access to a diverse selection of quality cannabis products,” a Verilife spokesperson said. Hours of operation are 8 a.m.-10 seven days a week.

Dispensary 105

Dispensary Banking Retail Recreational 105

PrestoDoctor

AUGUST 1, 2022

Marijuana banking options are limited for many entrepreneurs despite the fact that several thirty-six states legalize medical marijuana use. While recreational use is allowed in some states, there is still an uphill battle for other states that only have medical marijuana clearance. Marijuana Banking Bill.

Banking 52

Banking Law Marijuana Compliance 52

Cannabis Chronicles

MAY 22, 2019

The Puyallup tribe has staked several claims in the state’s legal marijuana industry, opening two recreational stores in the Tacoma area. McDonell said research institutions are limited in their access to cannabis users by federal laws that could affect funding.

Medicine 140

Medicine Research and Development Data Collective 140

Cannabis Law Report

MAY 17, 2019

The Sacramento Bee reports……The survey found that 82 percent of surveyed bank executives support Congress passing a law allowing financial institutions to do business with cannabis companies, a practice that is restricted because marijuana is considered an illegal narcotic at the federal level. would likely open up their services.

Access 55

Access Banking Safety Events 55

Cannabis Law Report

NOVEMBER 10, 2021

Virgin Islands sent a bipartisan letter urging Congress to include legislation in the final 2022 National Defense Authorization Act for Fiscal Year 2022 that would allow states with legalized medical or adult-use cannabis to operate safely under the national banking system. . Medical and recreational cannabis sales in the U.S.

Banking 52

Banking Legislation Access Recreational 52

Cannabis Law Report

OCTOBER 7, 2021

Read my op-Ed on Marijuana Banking [link]. 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. Hood (@Rodney_e_hood) October 8, 2021.

Banking 52

Banking Access Business Recreational 52

Cannabis Chronicles

MAY 19, 2019

Banking regulations. Landlords were concerned that having a weed company as a tenant would cause issues with the banks that hold their mortgages, she said. Federally regulated banks hesitate to lend to businesses involved with a federally illegal substance. Landlords also wondered whether product would be handled in the office.

Banking 22

Banking Patients Access Marijuana 22

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. MERKLEY, DAINES URGE COLLEAGUES TO BUILD PATHWAY FORWARD FOR BIPARTISAN LEGISLATION TO ENSURE THAT LEGAL CANNABIS BUSINESSES CAN ACCESS CRUCIAL FINANCIAL SERVICES. Thursday, June 17, 2021. Washington, D.C.

Banking 51

Banking Legislation Safety Dispensary 51

Cannabis Law Report

DECEMBER 7, 2021

Congress is making another run at providing a safe harbor to the banking industry and companies that provide services to cannabis businesses. On September 21, 2021, the House voted to include the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) 1 in the annual National Defense Authorization Act for Fiscal Year 2022 (NDAA).

Banking 52

Banking Compliance Compliance Business 52

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. The State of Banking. what is proposed in the SAFE Banking Act ), or enacting full legalization.

Banking 52

Banking State Laws Law DEA 52

WeedAdvisor

SEPTEMBER 18, 2019

Things are looking good for state medical and recreational dispensaries as a game-changing bill gains support in the U.S. According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. Skipping Ahead. .

Banking 45

Banking Dispensary Legislation State Laws 45

Illinois News Joint

NOVEMBER 11, 2024

Verilife Rosemont is located at 5540 Park Place in Rosemont, Illinois, in the Parkway Bank Park Entertainment district. The 2,000 square-feet retail store opened in April 2021 and serves recreational consumers. For a live recreational menu, visit here. Hours of operation are 8 a.m.-10 seven days a week.

Dispensary 98

Dispensary Retail Banking Recreational 98

WeedAdvisor

JUNE 10, 2019

If passed, this bipartisan bill would demolish an obstacle that has plagued banks and dispensaries alike. Due to the clashes between laws in legal states and federal laws – which maintain that marijuana is illegal – banks fear federal prosecution if they handle money from otherwise legal dispensaries. Banking Policies. .

Banking 49

Banking Dispensary Legislation Decriminalization 49

Canna Law Blog

JANUARY 11, 2020

And for good reason: the recreational market is expanding. The international market is taking form and access to banking services is expanding. As a law firm that has been helping cannabis businesses succeed since 2010, we couldn’t be more excited. Hemp is legal. Public support is increasing.

THC 123

THC Hemp Supply Chain Concentrates 123

Canna Law Blog

MARCH 9, 2019

Volatile Access to Banking. Lack of access to banking in the industry is the current norm, and it ultimately helps keep cannabis in the shadows and out of reach of full legitimacy and transparency. Fraudsters also help to keep cannabis in the wild, wild west.

Banking 97

Banking Access Cannabis Business 97

MassRoots

FEBRUARY 11, 2019

Now that more than half of the states in the nation have legalized cannabis for either medicinal or recreational purposes, those state-legal businesses deserve to be able to operate as such. It also allows legal cannabis businesses to have access to normal banking services, permits U.S.

Legalization 111

Legalization Marijuana Legislation Policy 111

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.

Banking 98

Banking Dispensary Recreational Cannabis 98

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 25, 2019

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

Banking 40

Banking Hemp Safety Business 40

Veriheal

OCTOBER 30, 2023

Most importantly, the use of cannabis for recreational purposes will no longer be against the law. The Cannabis Authority consists of nine people, who represent “a faith-based organization, civil society, and one person each from the fields of banking, law, agriculture, scientific research, pharmacy, and medicine.”

Legalization 119

Legalization Therapy Decriminalization Epilepsy 119

The Joint Blog

MARCH 31, 2019

Federal legislation that would allow banks and other financial institutions to provide services to marijuana businesses that are legal under their state’s law has been passed by a key House panel. have legalized marijuana for recreational purposes; over 30 have passed some form of medical marijuana legalization.

Banking 44

Banking Legislation Business Legalization 44

Veriheal

NOVEMBER 20, 2020

The Detroit Free Press was quoted saying that Michigan lawmakers had approved a proposal that would “create a process to streamline expungement of marijuana offenses if the activity that led to the conviction would have been legal under the recreational marijuana law. These bipartisan bills are going to be a game-changer.”

Recreational 98

Recreational Data Cannabis Access 98

Cannabis Law Report

JULY 20, 2019

The banks actions will mean somebody at the FDIC will have to make some serious decisions that could lead to a number of ramifications for the cannabis sector not only in CA but also nationwide. A small California bank’s merger application could force the FDIC to take a firmer stand on marijuana banking.

Banking 40

Banking Data Media Business 40

The Blunt Truth

FEBRUARY 18, 2020

In Chicago, where medical marijuana has been legal since 2014, and recreational marijuana has been legal for just over a month, people from many facets of the real estate industry — brokers, architects, contractors, real estate owners — came to learn about the new opportunities and pitfalls of the cannabis industry.

Supply Chain 108

Supply Chain Dispensary Banking Business 108

Veriheal

JANUARY 3, 2022

” Not only will citizens of Thailand be able to access and use cannabis freely, but they are actually encouraged to cultivate cannabis as a means of supplementing their incomes. Thailand will also be putting approved medical cannabis medications on its main drug list to allow patients to access them using the universal coverage scheme.

Legalization 124

Legalization Cultivation Chronic Pain Cannabis 124

Veriheal

OCTOBER 8, 2020

The Small Business Association or SBA for short has denied the cannabis industry access to any of these funds or programs. Suppose the new Small Business Disaster Relief Equity act was to see success, cannabis businesses would have access to applying for disaster relief funds.

Access 52

Access Business Programs Cannabis 52

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. .

Banking 40

Banking Cannabis Business Safety 40

NORML

APRIL 26, 2019

At the state level, Governor Doug Burgum of North Dakota signed a package of bills into law to expand the state’s medical cannabis access program. House Bill 243, as well as Senate Bill 236, would provide registered patients with regulated access to medical cannabis via licensed providers. AL resident? AL resident? CA resident?

Legislation 179

Legislation Compliance Compliance Hemp 179

Canna Law Blog

NOVEMBER 12, 2019

And with too few licenses comes lack of access for consumers and the growth and continued operation of illegal operators. Lack of access to banking. The lack of access to banking forces the classic public safety threat of all-cash, which is also a logistical nightmare for cannabis businesses that must taxes and run payroll.

Banking 93

Banking Cannabis Vaping Business 93