Cannabis Law Report

FEBRUARY 13, 2019

FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Today the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions held the first-ever congressional hearing on the issue of cannabis banking. . From Rep Heck’s Office. Feb 13, 2019 . Press Release. Washington, D.C. Ed Perlmutter (CO-07).

Banking 61

Banking Packaging Safety Business 61

NORML

MARCH 8, 2019

This week, a bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595, to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. MN resident?

Legislation 189

Legislation Patients Access Seed-To-Sale 189

Cannabis Law Report

NOVEMBER 15, 2021

As we collectively analyze and respond to emerging issues in the cannabis industry, we will continue to be the preeminent voice in cannabis regulatory policy.”. Banking, Finance, and Taxation. Packaging, Labeling, and Advertising. Cannabinoid Hemp. Impaired Driving and Traffic Safety. Environment and Energy. Federal Engagement.

Compliance 98

Compliance Compliance Programs Topical 98

Cannabis Law Report

AUGUST 9, 2021

This randomized controlled trial will collect data on 13 U.S. A memo from the Farm Credit Administration to farm credit banks and associations on hemp financing has The National Industrial Hemp Council concerned that growers could have difficulty obtaining loans to expand their operations. Agri Pulse.

Hemp 105

Hemp CBD Legalization Edibles 105

Illinois News Joint

JULY 11, 2024

Common and recurring themes in the report that stand out are the Racial and/or ethnic Minority- and Woman-owned Business Enterprises (M/WBEs) that continue to voice concerns and challenges for accessing capital and financial support, as well complex cannabis regulations and policies burdens.

Data 105

Data Policy Banking Business 105

Cannabis Law Report

JUNE 14, 2022

Massachusetts municipalities have collected more than $53 million in “impact” fees from cannabis companies since the launch of adult-use sales in 2018, according to a Northeaster University study published by the Massachusetts Cannabis Business Association outlined in a Boston Globe report. The Franklin Observer writes.

Collective 52

Collective Business Legislation Cannabis 52

Cannabis Law Report

MAY 21, 2019

The measure, which makes clear that the group “takes no position as to whether cannabis should be legalized under the laws of the United States or of any state,” highlights the public safety issues caused by current federal policy, which makes many financial services providers reluctant to work with the marijuana industry.

Banking 40

Banking Legislation Safety Collective 40

Cannabis Law Report

JULY 2, 2021

The Cannabis Freedom Alliance (CFA) will take this opportunity to provide you each month with relevant news, policy, and legislative updates on how CFA and its members are marching towards the goal of ending cannabis prohibition. A new report from the Marijuana Policy Project shows that states have collected $7.9

Policy 92

Policy Legislation Cannabis Legalization 92

Cannabis Law Report

SEPTEMBER 20, 2019

Hoyer, D-Maryland, announced on the House floor that he will schedule the SAFE Banking Act for a vote. Full report: In historic move, US House to vote on cannabis banking bill next week. As we reported last Friday, it looks like we are going to have a historic vote on cannabis policy reform next week! Just hours ago, U.S.

Banking 45

Banking Collective State Laws Policy 45

Cannabis Law Report

JUNE 20, 2019

In its budget forecast, Maine is banking on $22 million in adult-use sales in the first three and a half months after the market’s launch. With a 10 percent sales tax, and a 10 percent excise tax, Maine is expecting to collect about $4.4 With a 10 percent sales tax, and a 10 percent excise tax, Maine is expecting to collect about $4.4

Law 73

Law Banking Collective Retail 73

Cannabis Law Report

JANUARY 10, 2020

Alison Felix , Senior Policy Advisor , Sam Chapman , Associate Economist , and Jordan Bass , Research Associate. v This coincided with changes in enforcement policy from the U.S. Tax Collections in the Marijuana Industry. xxix Tax collections through September were 11.3 Department of Justice (DOJ).

Banking 45

Banking Marijuana Collective Recreational 45

NORML

JANUARY 2, 2019

This only reaffirmed that social justice needs to be a priority when discussing marijuana policy in this community. June 2018: Collected 79 Candidate Surveys from across Nevada. to engage their lawmakers in marijuana policy reform. It was amazing to see an increase in younger voters registering! July 2018: Lobby Day in DC.

Education 107

Education Media History Advocacy 107

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act.

Banking 40

Banking Law Compliance Compliance 40

Cannabis Law Report

FEBRUARY 4, 2019

You can read more about product packaging and labeling requirements on the Understanding Board Interim Policies for Packaging and Labeling section of the LCB website. The policy only applies to approved owners who are investing their own personal money into the business. Have lost their bank. Payment Methods.

Topical 65

Topical Packaging Retail Legislation 65

The Blunt Truth

AUGUST 7, 2020

Recently, McConnell has been quite vocal about his unhappiness over the inclusion of cannabis banking provisions in the latest COVID-19 relief bill. The United States Supreme Court reinstated Idaho’s restrictions on signature collection, nullifying a lower court decision. international news. and finally.

Collective 66

Collective Hemp Banking Recreational 66

Cannabis Law Report

SEPTEMBER 1, 2021

While these businesses must pay taxes, they are largely unbanked due to regulatory hurdles that prevent such businesses from accessing banking and other financial services. [10] 10] Without bank accounts, these businesses must make tax payments in person, in cash, at regional IRS offices. percent of federal receipts in FY2020.

Policy 100

Policy Cannabis Treatment Law 100

Cannabis Law Report

APRIL 24, 2019

The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. We are not going to attempt to tackle the myriad policy issues of this alternative, but we do have some observations.

Legalization 58

Legalization Collective DEA Banking 58

Cannabis Law Report

DECEMBER 8, 2021

cannabis industry is of course locked out of American banking. On the last Monday of November, Senter and other stakeholders activists d gathered in downtown Oakland to rally and address state and local policy issues relating to security, tax amnesty, and small businesses. Federally prohibited, the U.S. More are struggling to recover.

Dispensary 98

Dispensary Supply Chain Business Cannabis 98

Cannabis Law Report

FEBRUARY 2, 2019

California’s failure to carefully heed all of the admonitions of the Report of the Blue Ribbon Commission in its implementation of cannabis regulation is a far more pervasive cause of the present chaos than tax rates that are too high and a lack of banking. Underground cannabis businesses have managed for generations without banking.

Collective 45

Collective Banking Business Cultivation 45

Cannabis Law Report

DECEMBER 23, 2019

The End of the Collective Era. 9, 2019, all cannabis collectives and cooperatives must be licensed, except for (a) individual patients and (b) caregiver gardens serving NO more than five (5) patients. December 2019 – Federal banking regulators take steps to allow for financial services for hemp related businesses. .

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

JULY 22, 2019

Specifically, they called for the passage of the Secure and Fair Enforcement Banking Act, a pending bipartisan bill that would allow financial institutions to serve legitimate cannabis businesses in states that have legalized the drug. Congress can solve the cannabis banking conundrum now. By Rob Nichols, Jim Nussle.

Banking 40

Banking Safety Business Legislation 40

SpeedWeed

APRIL 15, 2021

The indica-dominant strain had been perfected over centuries before Dutch seed bank Sensi Seeds made it available for everyone to grow. By submitting this form, you will be subscribed to news and promotional emails from Leafly and you agree to Leafly’s Terms of Service and Privacy Policy. Afghan Kush. Courtesy of Tweed.

Strains 52

Strains Sativa Indica Hybrid 52

Cannabis Law Report

OCTOBER 5, 2019

The CCPA is aimed towards bolstering consumers’ privacy rights by instituting notice, storage, retention, security, and other requirements related to collecting consumers’ personal information. Covered Employers Must Provide Notice Regarding Data Collection, and May Be Liable for Statutory Damages for Any Security Breach.

Collective 40

Collective Data Policy Events 40

Cannabis Law Report

JANUARY 12, 2022

Today, Maya (Maya PBC) and the National Psychedelics Association (NPA) announced their partnership in support of the implementation of Oregon’s Measure 109, the first state-approved policy to allow the regulated use of psilocybin products in a facilitated setting.

Research and Development 52

Research and Development Therapy Clinical Trials Safety 52

SpeedWeed

AUGUST 6, 2021

Last week, Al Harrington’s Viola announced their first-ever talent partnership with Iverson, including a collection of strains that honor the rich legacy of the freshly-minted Hall of Famer. Courtesy of Viola and the Iverson Collection). Viola and the Iverson Collection. Courtesy of Viola and the Iverson Collection).

Collective 52

Collective Media Strains Banking 52

Cannabis Law Report

OCTOBER 8, 2019

Trusted and well-established online cannabis seeds stores that you can count on for all of your cannabis seeds collecting needs, are regularly monitored by social media communities like GrassCity, Facebook , Best Seed Bank and Rollitup , Always check with these communities before engaging with a supplier.

Seed-To-Sale 53

Seed-To-Sale Strains Collective CBD 53

Cannabis Law Report

DECEMBER 25, 2021

Samples were collected and labeled with EE numbers of staff rather than using their names,” he explained. PRO Saidybah clarified that the DLEAG Commissioner for North Bank Region is not among those found wanting in this exercise.

Law 52

Law Banking Compliance Compliance 52

Marijuana Lawyer Blog

APRIL 15, 2019

California employers long have long availed themselves of their right – as affirmed by the state’s high court – to carry out zero tolerance policies against workers who use drugs – even if that drug use takes place off-the-job. The History of Employer Zero Tolerance Policies. That included by on duty and off.

Policy 45

Policy Banking Programs History 45

Marijuana Lawyer Blog

FEBRUARY 1, 2019

For example, if you are a hotel that hosts individuals who are visiting for marijuana tours just as you would any other, that might not be anything for which you’d need anything more than a commercial general liability policy. Then there are questions of how you might accept payment. Call us at 714-937-2050.

Marijuana 45

Marijuana Policy Food Banking 45

Cannabis Law Report

JUNE 15, 2022

California Steps Up Tax Collection Efforts. The California Department of Tax and Fee Administration (CDTFA) has stepped up its attempts to collect about $200,000 in unpaid taxes from both illegal and licensed cannabis operations. Treasury Seeks Comment on Collecting Marijuana-Related Business Activity Information.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

MARCH 10, 2022

The USDA is keenly aware of the need for more data from the industry to develop more specific, data-driven policies in the future. Collaboration Within the Industry. This theme was mentioned multiple times throughout the two-day conference and was evidenced by the cross-section of business attendees and various trade groups in attendance.

Hemp 52

Hemp Research and Development Supply Chain Data 52

Cannabis Law Report

JANUARY 17, 2020

I thought this was an interesting opportunity to be a lot more involved on the policy side.”. While marijuana is legal in California, it’s still a Schedule 1 drug federally, meaning most cannabis businesses are turned away from traditional banks and have to operate solely in cash. Last year, the city collected $5.7

Dispensary 45

Dispensary Business Banking Cannabis 45

Cannabis Law Report

SEPTEMBER 5, 2019

Where necessary, bank accounts should be opened, detailed procedures for internal accounting controls over cash developed and documented, and coordinated with both business operations and security. . 5] We have compiled a number of collections of Whitepapers, Tools and Guides for the commercial cannabis industry, particularly California.

Business 11

Business Cannabis Extraction Dispensary 11

SpeedWeed

APRIL 26, 2021

The Indian Landrace Exchange describes itself as a “collective of Indigenous frontline farmers, seed collectors, and preservationists” with the goal of supporting these communities economically while helping spread and preserve their landrace strains. What we do is create small collectives amongst the indigenous farmers.

Strains 52

Strains Seed-To-Sale Wellness and Beauty Collective 52

The Joint Blog

JUNE 3, 2020

It offers vetted data, actionable business intelligence and risk management solutions for investors, operators, researchers and policy makers interested in the cannabis space worldwide. These core skill sets, along with unwavering entrepreneurial drive, have defined Giadha’s career and her vision for New Frontier Data.

Data 37

Data CBD Research and Development Collective 37

Cannabis Law Report

JANUARY 15, 2019

The statute, regulations and IRS policy provide basis for the abatement of all of the asserted delinquency penalties under IRC§ 6651(a) and the accuracy related substantial understatementpenalty contained in IRC Sec. A dispensary case is pending before the Tax Court – Patients Mutual Assistance Collective Corporation d.b.a.

Business 58

Business Dispensary Cannabis Compliance 58

SpeedWeed

APRIL 3, 2021

Cuomo’s administration projects that legalization could generate 30,000 to 60,000 jobs across New York and that tax collection from the program could reach $350 million annually, the release states. ” Melissa Moore, New York state director for the Drug Policy Alliance commended Sen.

Legislation 40

Legislation Retail Programs Cannabis 40