Cannabis Law Report

JULY 27, 2021

“My diverse career path has allowed me to work across several high-caliber companies, generating development growth in some of the most sophisticated and competitive markets within cannabis, real estate, and investment banking,” said Minor. federal law, nor will it provide a defense to any federal proceeding in the U.S.

Banking 76

Banking Retail Dispensary Compliance 76

Cannabis Law Report

JUNE 22, 2022

The confusion over the legality of innovative hemp products, like Delta-8 products, may cause banks to reevaluate the risks of working with the hemp industry. Because “compliant” hemp is federally legal, many more banks are openly serving the hemp industry, but not the retail or medical marijuana industries.

Banking 52

Banking Hemp THC Cannabinoids 52

SpeedWeed

APRIL 2, 2021

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

Education 40

Education Banking Hemp Compliance 40

Cannabis Law Report

FEBRUARY 2, 2022

TAXMAP will be co-funded by the UK’s innovation agency, Innovate UK, in supplying a real-time tax and audit compliance solution for vice and e-commerce companies. Keeping track of invoices and tax compliance is more complicated than ever and there are no excise and tax solutions available for established and expanding cross border companies.

Compliance 40

Compliance Compliance Research and Development History 40

Cannabis Law Report

NOVEMBER 5, 2021

– Integrated solution provides a single platform for compliance with vaccination status tracking and weekly testing requirements – STONY BROOK, N.Y. & By providing both vaccine status management and weekly COVID-19 testing, the integrated platform offers a single solution for compliance with the ETS.

Compliance 40

Compliance Compliance Research and Development Therapy 40

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. December 2019 – Federal banking regulators take steps to allow for financial services for hemp related businesses. . Posted by Alexa Steinberg, Esq. | Dec 20, 2019

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

JUNE 28, 2022

Because of federal prohibition, marijuana businesses often cannot obtain a traditional bank loan for startup costs, and owners of marijuana businesses cannot deduct their business expenses on their taxes as a typical entrepreneur can. Providing a free program to have certain low-level marijuana conviction records sealed.

Programs 52

Programs Access Business Banking 52

MMJ Recs

MAY 5, 2024

Legal Framework for Medical Marijuana in California California’s legal history towards establishing a comprehensive legal framework for medical marijuana began in 1996 with the passing of Proposition 215, also known as the Compassionate Use Act.

Law 52

Law Marijuana Cultivation Patients 52

Cannabis Law Report

DECEMBER 21, 2019

Folium’s history of misleading advertising is supported by interviews with chemists who recently worked at Folium in their quality department. Victoria Naifeh from the Colorado division of the Department of Labor and Employment was the lead compliance investigator on the case at the time. Cease and Desist Letter.

Hemp 94

Hemp Seed-To-Sale Extraction THC 94

Cannabis Law Report

JUNE 11, 2019

In Canada, the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) applies to a prescribed set of entities, including among others, banks, credit unions, life insurance companies, securities dealers and money services businesses. In the U.S., licensing and permit information relating to all levels of government.

Compliance 40

Compliance Compliance Business Policy 40

Connor & Connor PLLC

NOVEMBER 27, 2019

Proof of licensure with the applicable local government authority or a letter from the applicable local governmental authority certifying that the proposed medical marijuana establishment is in compliance with those restrictions and satisfies all applicable building requirements. 1] [link] ; [link] ; [link] ; [link] ; [link] ; [link]. [2]

Dispensary 69

Dispensary Retail Recreational Business 69

Cannabis Law Report

DECEMBER 16, 2021

Nevada Cannabis Compliance Board Takes Action for Tax Payment Failures. The Nevada Cannabis Compliance Board has filed a complaint for disciplinary action against NNV OPERATIONS I, INC., The Nevada Cannabis Compliance Board has filed a complaint for disciplinary action against NNV OPERATIONS I, INC.,

Retail 52

Retail Cannabinoids Policy Cultivation 52

SMPL

AUGUST 14, 2019

Though ABA specified that it was not taking a position on marijuana legalization generally, it recognized that conflicting federal and state cannabis policies are untenable and have created complications for cannabis businesses operating in compliance with state law.

Policy 40

Policy Research and Development Marijuana DEA 40

SpeedWeed

JULY 17, 2021

The social equity measures seen in states that have recently passed adult-use legislation—like New York , Virginia , New Mexico and Connecticut —aim to deliver a scale of justice to people who deserve it that goes unparalleled in American history. We applaud the introduction of legislation that would federally decriminalize cannabis.

Legalization 52

Legalization Banking Legislation Cannabis 52

SpeedWeed

JULY 17, 2021

The social equity measures seen in states that have recently passed adult-use legislation—like New York , Virginia , New Mexico and Connecticut —aim to deliver a scale of justice to people who deserve it that goes unparalleled in American history. We applaud the introduction of legislation that would federally decriminalize cannabis.

Banking 52

Banking Legislation Cannabis Policy 52

SpeedWeed

JULY 16, 2021

The social equity measures seen in states that have recently passed adult-use legislation—like New York , Virginia , New Mexico and Connecticut —aim to deliver a scale of justice to people who deserve it that goes unparalleled in American history. We applaud the introduction of legislation that would federally decriminalize cannabis.

Dispensary 52

Dispensary Banking Legislation Cannabis 52

Connor & Connor PLLC

AUGUST 30, 2018

280E does not apply to costs of goods sold, a concession that is consistent with the caselaw on that subject and the legislative history underlying sec. The IRS uses a variety of indirect methods of proof including: the bank deposits analysis (most common), net worth analysis, cash-t analysis, and the mark-up method.

Business 49

Business Marijuana Banking Collective 49

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. Let’s begin with the following: STATES Act Becomes Law. This result is dependent on the mark-up and amendments.].

Legalization 58

Legalization Collective DEA Banking 58

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. . The items above should permit the business to form a legal structure, and get to the point where they can set up accounting software [12].

Business 11

Business Cannabis Extraction Dispensary 11

Cannabis Law Report

MARCH 9, 2019

and derived products containing cannabinoids are considered novel foods as a history of consumption has not been demonstrated. They are taking issue with the change by the EU in its submission for the term ‘cannabinoids’ states: “Extracts of Cannabis sativa L.

CBD 87

CBD Food Seed-To-Sale Extraction 87

Cannabis Law Report

DECEMBER 24, 2021

According to The History of Naogaon by author and researcher Mohammad Khosbar Ali, and an article by Professor Mohammad Shamsul Alam, the society once had 40 acres of land and some office buildings, including its headquarters at Mukti Mor. More than Tk5 lakh is still deposited in the Bengal Cooperative Bank in Kolkata.

Research and Development 52

Research and Development Cultivation History Cannabis 52

SpeedWeed

FEBRUARY 24, 2021

Rob being part of the company and being, number one employee, Ed and I both know what that’s like, within our both previous lives from, Cannabiz Media, but you have a very interesting vantage point of seeing the evolution of this company – not only getting into HR compliance, but also getting into the cannabis industry. Robert Mohr: Yes.

Banking 52

Banking Research and Development Data Media 52

Cannabis Law Report

JANUARY 15, 2019

The case primarily involves recordkeeping, compliance with reporting requirements, and the maintenance of a comprehensive system of internal accounting controls. attorneys, certified public accountants] as well as in securing appropriate advice relating to compliance, security, and inventory control.

Business 58

Business Dispensary Cannabis Compliance 58

SpeedWeed

APRIL 15, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. CNT: What helps you sleep at night then?

Research and Development 52

Research and Development Environment Business Education 52

Cannabis Law Report

OCTOBER 12, 2021

I have a long history working in similar environments in the cannabis and the spirits industry during my time with Aphria (now Tilray) and Diageo. He has an extensive history in executive leadership and governance roles of large, diverse organizations.

Extraction 52

Extraction Business Hash Legislation 52

SpeedWeed

APRIL 16, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. CNT: What helps you sleep at night then?

Research and Development 40

Research and Development Environment Business Cannabis 40

SpeedWeed

APRIL 15, 2021

We’re not necessarily trying to be the biggest, but our intent is trying to be best from a compliance standpoint. Obviously the transaction will put more cash in the piggy bank, so to speak, so it allows us to keep investing in a whole host of meaningful initiatives that we have as a company. CNT: What helps you sleep at night then?

Research and Development 40

Research and Development Environment Business Education 40

Cannabis Law Report

JULY 30, 2019

Each patient and physician boldly proceed to maneuver Florida’s present physician and patient compliance system together, not to mention the issues: state vs. federal legality conflicts. But also needed are standard operating procedures at the national level, along with accompanying tax and banking frameworks. .

Marijuana 45

Marijuana Patients Research and Development Programs 45

SpeedWeed

MARCH 21, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

Canna Law Blog

APRIL 5, 2023

What’s the incentive to get licensed and remain in compliance if there’s no stick when the carrot doesn’t work? Don’t laugh– at this point, 755 financial institutions are providing banking services to licensed cannabis companies, so if you’re licensed and legit, you likely have a bank account if you want it.)

Banking 97

Banking History Dispensary Legalization 97

SpeedWeed

MARCH 20, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Cannabis 52

SpeedWeed

MARCH 18, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 52

Banking Compliance Compliance Business 52

Cannabis Law Report

DECEMBER 18, 2021

(DENVER) December 16, 2021 – Simplifya (“Simplifya” or “the Company”), the leading regulatory and operational compliance software platform serving the cannabis industry, announced it experienced 100% growth year-over-year in 2021. Simplifya also plans to expand its core services to an additional six states in 2022.

Compliance 52

Compliance Compliance Banking Business 52

SpeedWeed

MARCH 19, 2021

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

Banking 40

Banking Compliance Compliance Business 40

Canna Law Blog

DECEMBER 22, 2021

This may sound simple and clear enough, but believe it or not, many cannabis entrepreneurs treat corporate governance as a procedural hurdle at the beginning of a cannabis entity’s history. For example, a bank is going to ask to see an LLC’s operating agreement before opening an account. This is a terrible idea!

Cannabis 96

Cannabis Business Programs Banking 96

Above The Law - Cannabis

AUGUST 21, 2017

I’ve seen bylaws that focus on essentially made-up compliance with Prop. Some lawyers told collective operators to start a parallel management company along with their NPMBC so that they could get bank accounts, run payroll, and provide various “management services” to the NPMBC.

Business 52

Business Legalization Collective Medicine 52

Marijuana Lawyer Blog

APRIL 15, 2019

Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges.

Policy 45

Policy Banking Programs History 45