Cannabis Law Report

SEPTEMBER 25, 2019

House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act 321-103. Neal Levine of the Cannabis Trade Federation states … The bipartisan SAFE Banking Act ( H.R.1595 It aims to address the state-legal cannabis industry’s lack of access to banking and other financial services.

Banking 55

Banking Safety Compliance Compliance 55

Cannabis Law Report

DECEMBER 14, 2021

monetary banking protocols in banking cannabis and hemp operations. This honor is part of a financial services certification program overseen by the Policy Center for Public Health & Safety (PH&S) in collaboration with state attorneys general. ALBUQUERQUE, N.M. , Dec.

Banking 52

Banking Hemp Compliance Compliance 52

PrestoDoctor

AUGUST 1, 2022

Marijuana banking options are limited for many entrepreneurs despite the fact that several thirty-six states legalize medical marijuana use. Thanks to a recent cannabis banking bill that has passed in Pennsylvania, cannabis-related businesses now have the right to use financial institutions and insurance for their businesses.

Banking 52

Banking Law Marijuana Compliance 52

NORML

FEBRUARY 15, 2019

The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. Update : The Criminal Justice and Public Safety is scheduled to hold an executive session on HB 481 on 2/21 at 11:00am in LOB 204.

Legislation 189

Legislation Hemp Compliance Compliance 189

Cannabis Law Report

NOVEMBER 15, 2021

Treasurer Tyler Klimas, Executive Director of the Nevada Cannabis Compliance Board, At-large board member Steve Marks, Executive Director of the Oregon Liquor and Cannabis Board. Lab Testing and Product Safety. Banking, Finance, and Taxation. Impaired Driving and Traffic Safety. Social and Economic Equity.

Compliance 98

Compliance Compliance Programs Topical 98

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.

Banking 52

Banking Compliance Compliance Business 52

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

The guidance offers reassurance to credit unions following the 2018 Farm Bill, which federally legalized hemp, but failed to address banking in the hemp industry, leaving the banking industry uncertain as to their capacity to legally serve the industry. I’ve seen dispensary employees have their bank accounts shut down.

Banking 40

Banking Hemp Marijuana Events 40

Cannabis Law Report

APRIL 25, 2022

” The Public Health & Safety Cannabis Financial Service Certification helps law enforcement and state regulators distinguish legal cannabis operators from illicit. monetary banking protocols among cannabis and hemp operators as well as those who are meeting good manufacturing practices. Department of Treasury and FinCEN.

Hemp 52

Hemp Banking Safety Compliance 52

Medicinal Genomics

NOVEMBER 5, 2019

This change shouldn’t affect most hemp farmers who have no interest in cultivating psychoactive plants; however, it does remove a safety net. Another potential headache for farmers is that analytical laboratories must be registered with the DEA in order to perform compliance testing. What does this mean for hemp farmers? THC threshold.

THC 81

THC Hemp DEA Banking 81

Cannabis Law Report

JULY 2, 2019

Starting today, US manufacturers and merchants can apply through LegitScript to certify CBD products and websites that are in compliance with USDA, FDA, FTC, and DEA regulations, as well as state-specific laws. LegitScript’s CEO, John Horton, said the program will bring transparency and structure to the CBD industry. “The

Compliance 40

Compliance Compliance Programs CBD 40

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. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

SpeedWeed

APRIL 3, 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.

Banking 52

Banking Legalization Compliance Compliance 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.

Banking 89

Banking Law Legalization Hemp 89

Cannabis Law Report

SEPTEMBER 28, 2021

Due to federal restrictions that prohibit banks from providing services to legal cannabis companies, cash and cashless ATM are the only payment options for cannabis consumers and merchants, making the process inconvenient, unreliable and dangerous.

Banking 52

Banking Research and Development Retail Compliance 52

MMJ Recs

MARCH 16, 2024

Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols. Effective supply chain management encompasses inventory management, transportation logistics, and compliance with regulatory requirements.

Supply Chain 105

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

Cannabis Law Report

NOVEMBER 7, 2019

Colorado has long been regarded one of the the US’s better state markets for efficient compliance and good regulatory management by state and local authorities. The email did promise Folium would work on safety conditions for staff. The warrant listed over a dozen serious concerns that related to employee safety.

Hemp 104

Hemp Research and Development Banking CBD 104

Canna Law Blog

JULY 30, 2019

Interestingly enough, it’s safe to say that the chaos that commenced with initial licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”) has never really abated. No real banking options. California’s regulations for its licensees are not super tough.

Collective 65

Collective Banking Compliance Compliance 65

Cannabis Law Report

MAY 11, 2022

Internal processes of the Control Board will be significantly sped up upon the hiring of a licensing staff and compliance enforcement team. Incomplete sections include: Good standing documentation from the Tax Department, cultivation site diagrams, information on banking and insurance, background checks, and licensing fee payment.

Cultivation 52

Cultivation Safety Banking Compliance 52

Cannabis Law Report

OCTOBER 28, 2021

You could be looking at hundreds of thousands to millions of dollars for: initial operating licenses, ongoing compliance expenses, property purchases or leases, equipment, advertising, security. Hard Truth 2: Your Business May Not Be Able to Open a Bank Account. Money that flows in will flow back out just as quickly.

Banking 52

Banking Law Business Compliance 52

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. About CLEARED4.

Compliance 40

Compliance Compliance Therapy Research and Development 40

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

Otherside Farms

SEPTEMBER 17, 2019

It’s Impossible to Bank in the Weed Industry. Curious about why it’s impossible to bank in the weed industry? The answer is simple: Many credit card companies and banks are afraid to give accounts to people in the marijuana business. On the bright side, the U.S. On the bright side, the U.S.

Law 64

Law Marijuana Banking Decriminalization 64

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

SpeedWeed

JULY 7, 2021

The Importance of Food Safety in the Cannabis Industry. Business / Legal / Finance Seminars: Cannabis Business and Banking Solutions. Reducing Labor Cost and Product Waste Utilizing RFID-based Compliance Solutions. The Importance of Selecting the Right Products and Partner for Your Lab Build. Marijuana Regulation in Michigan.

Media 52

Media Packaging Food Safety 52

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

Cannabis Law Report

FEBRUARY 14, 2019

The new House of Representatives has announced its first cannabis-related hearing, “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses,” which will take place on February 13 before a sub-committee of the House Financial Services Committee. According to lawmakers close to the committee’s process, Rep.

Banking 40

Banking Compliance Compliance Access 40

Cannabis Law Report

JULY 14, 2021

federal law, a Schedule I drug or substance has a high potential for abuse, no accepted medical use in the United States , and a lack of safety for the use of the drug under medical supervision. Strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law.

Research and Development 81

Research and Development Clinical Trials Events Treatment 81

Cannabis Law Report

JUNE 15, 2022

The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

FEBRUARY 4, 2019

WSLCB Enforcement officers will begin working with marijuana retailers to educate staff, check for violations, and take appropriate action to gain compliance. Please contact your WSLCB Enforcement Officer if you have any questions about implementation and enforcement of this important public safety rule. Have lost their bank.

Topical 65

Topical Packaging Retail Legislation 65

Cannabis Law Report

DECEMBER 21, 2019

The CEO of Folium Biosciences, Kashif Shan, is accused of violating a cease and desist order issued by the Colorado Spring fire department who had attempted to shut down the company’s CBD extraction plant because a host of regulations and safety codes were being ignored by the company and its senior management team. Cease and Desist Letter.

Hemp 94

Hemp Seed-To-Sale Extraction THC 94

SpeedWeed

SEPTEMBER 2, 2021

Shareholders whose 48North Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee regarding the receipt of the consideration. More specifically, to the knowledge of HEXO’s management, HEXO is in compliance with applicable laws in the jurisdictions in which it operates.

Medicine 59

Medicine Compliance Compliance Conditions 59

The Blunt Truth

OCTOBER 29, 2019

USDA has also established specific compliance requirements for USDA licensees, including the USDA’s ability to conduct random audits and issue corrective action plans for producers’ negligent violations. This provision of the bill varies from the Personal Care Products Safety Act ( S. The SAFE Banking Act May Help CBD Industry.

Hemp 45

Hemp Legislation CBD Research and Development 45

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

MMJ Recs

MAY 5, 2024

California Medical Marijuana Legislation Explained The current regulatory framework for medical marijuana in California is primarily governed by the Medical Cannabis Regulation and Safety Act (MCRSA) and the Adult Use of Marijuana Act (AUMA), also known as Proposition 64.

Law 52

Law Marijuana Cultivation Patients 52

SpeedWeed

SEPTEMBER 2, 2021

Shareholders whose 48North Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee regarding the receipt of the consideration. More specifically, to the knowledge of HEXO’s management, HEXO is in compliance with applicable laws in the jurisdictions in which it operates.

Dispensary 55

Dispensary Compliance Compliance Conditions 55

WeedAdvisor

AUGUST 31, 2019

Things like access to loans, daily banking and online payments are off-limits because of the skittish financial industry. When that time comes, a lot of businesses will need to watch their compliance. Interestingly, European CBD producers encounter the same issues faced by American marijuana companies.

CBD 45

CBD Compliance Compliance THC 45

Cannabis Law Report

JULY 4, 2019

Cummins : Because cannabis is still illegal at the federal level in the United States, many cannabis companies cannot open bank accounts and are looking to Canadian Banks to open bank accounts and to the Canadian public markets to raise capital to expand operations, introduce product lines and make acquisitions.

Law 40

Law Banking Seed-To-Sale Cannabis 40