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This partnership with WSU and Qwibil will help us research the safety and efficacy of cannabis as medicine for our patients’ use.”. Jake Felice, a naturopathic medicine practitioner who consults for cannabis businesses in Washington state seeking medicinal approval, said any data collection system for patients should be far-reaching.
Moreover, the lawmakers are hoping that regulatory certainty will provide stakeholders access to banking services and open up new economic opportunities for the industry while at the same time protect consumers. Overall, both of these effort by U.S.
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? CCIA and The Liaison Group have been working tirelessly behind the scenes on SAFE Banking.
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.
Public Health and Data Monitoring. Lab Testing and Product Safety. Banking, Finance, and Taxation. Impaired Driving and Traffic Safety. Social and Economic Equity. Medical Use and Research. Public Education. Packaging, Labeling, and Advertising. Cannabinoid Hemp. Environment and Energy. Federal Engagement.
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. .
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.
Research funding is also up, and all of this data influences how we see, think and hear about the plant and its effects. Additionally, there are misleading practices of “p-hacking” where researchers can manipulate data through different statistical tests (thanks to modern computer programs) looking for statistically significant findings.
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. The Hemp Precedent.
Mainly, the measure protects patient safety and amplifies product quality requirements, all the while entrusting the state’s Medical Marijuana Advisory Board to consider broadening the program’s list of qualifying medical conditions. Pennsylvania’s Medical Cannabis Program is Raking in the Cash.
This continues to create challenges for marijuana businesses, including access to the payment and banking systems. xiii Dispensary counts are estimated using current business licensing data from Colorado Department of Revenue Enforcement Division. The data can be found here: [link]. Data from the Colorado State Patrol: [link].
Through this collaboration, the NPA and Maya will offer both the education and the technology infrastructure needed to make this possible, ensuring accessibility and safety to all communities. “We We don’t believe safety and access are opposing polarities that must be constantly balanced.
Leaf Data Systems Update. Please contact your WSLCB Enforcement Officer if you have any questions about implementation and enforcement of this important public safety rule. Licenses may apply for a payment waiver if they are able to show good cause by demonstrating they are: In the process of getting a bank account.
According to New Frontier Data, a cannabis market research firm, “Federal legalization could triple the global hemp market to 2.5 New winds are blowing in the world power, especially after states like Alaska, California, Colorado, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, and Washington have supported their legal cultivation.
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.
The agency is called the California Cannabis Authority [yet another “CCA”] and here is the short version: The California Cannabis Authority is a Joint Powers Authority established by county governments to develop and manage a statewide data platform. The CCA’s By-Laws can be found here. CCA currently has six member counties.
Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. It’s more bang for your energy buck. That was big for us.”.
Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. It’s more bang for your energy buck. That was big for us.”.
Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. It’s more bang for your energy buck. That was big for us.”.
Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols. Moreover, ensuring product quality and safety throughout the supply chain is paramount to maintain patient trust and regulatory compliance.
London law firm Mackrell Turner Garrett, together with a leading food and trading standards barrister, were instructed by the Cannabis Trades Association UK (CTA) to make representations to the European Food Safety Authority (EFSA).
With increased state and federal attention on these products, there is also an increased risk to industry participants beyond that of criminal liability, such as FDA/FTC enforcement, banking and insurance obstacles, and civil liability claims. We recently discussed some of these on our Hemp Legally Speaking podcast episodes.
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.
While this does add more costs, it also ensures safety for users, which has to be a good thing. A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Edibles must be tightly dosed, extracts must be extremely pure and flower has to be clean in order to be legally sold in the state.
All Optimi mushroom products are grown from the Company’s world-leading psilocybin genetic bank and are grown in EU-GMP compliant clean rooms that ensure sterile cultivation and undergo almost 300 different analytical tests post-harvest.
Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. It’s more bang for your energy buck. That was big for us.”.
Dan Banks, the vice president of cultivation for Lightshade, says he analyzed the total amount of illumination needed at the company’s 20,000-square-foot greenhouse facility and determined that the 336 supplemental HPS lights in the space did not provide enough luminosity. It’s more bang for your energy buck. That was big for us.”.
Things like access to loans, daily banking and online payments are off-limits because of the skittish financial industry. Our platforms make compliance virtually automatic, gathering data in real-time, compiling and formatting reports; monitoring safety adherence and much more. .
These new strains and products will be targeted at specific medical indications through the combination of Kanabo’s preclinical data on the effect of cannabis on different illnesses and Medocann’s genetics bank, strain development expertise and innovative cultivation capabilities.
According to a survey conducted by the firm Abacus Data, 70% of Canadians support legalization. According to estimates of CIBC, one of the largest Canadian banks, the legal market will generate about 6,500 million in the first year. They indicates that 4.9 million people consumed at least 20 grams of cannabis in 2017.
And we are so curious to learn more about their HR background, but as always, we’re going to jump in with Ed and see what he has for us today from the data vaults. I’m not sure if they came out of a specific area, but we can dig deeper into the data vault and see if we can find that out. This is a great idea, talk to our bank.
Public safety at issue. Proponents of these THC caps—who are often the same politicians who stood against legalization and lost—contend that limiting THC levels will increase public safety. Such a cap would render the SAFE Banking Act all but useless, as most cannabis products contain far more than 2% THC. . In 2019, Sen.
Because recreational use of marijuana is increasing, especially as more states legalize it, the CDC believes it’s important for all workplaces to implement and address marijuana policies in their motor vehicle safety programs. Uber Canada Announces Partnership With Tokyo Smoke for Cannabis Ordering in Ontario.
Phase 2 trial recruiting begins immediately; efficacy data expected by the end of the first quarter of 2022. Recruitment for the Phase 2 trial will begin immediately, and efficacy data is expected by the end of first quarter of 2022. “To BALTIMORE–(BUSINESS WIRE)– MyMD Pharmaceuticals, Inc.
Mark does have quite a bit to share with us, but as always, we’re going to check in with Ed to see what he’s uncovered this week from the data vault. This one was on the advisory sector, which focuses on consultants as well as essentially data analytics firms, so that was fun to dig back into that. View original article.
Hayward, president and CEO of Applied DNA, stated, “Employers are looking for an easy, customizable, and frictionless solution to help them meet all aspects of these new workplace safety and regulatory challenges. ” “CLEARED4 and Applied DNA have been working with large employers to get ready for these anticipated mandates.
We’re often that lone voice over on the corner, looking out for consumers, looking out for their rights and for their safety. There are tons of other bills moving through Congress as well, bills that relate to veteran’s access to cannabis, bills that deal with safe banking for the cannabis industry, and the safe banking app.
The Farm Bill also removes major hurdles impeding hemp cultivators’ ability to run successful, profitable businesses including accessing insurance and banking, finding adequate harvesting equipment and processors, and moving hemp biomass or finished products between states. Beyond removing plant cannabis sativa L. Budgeted at $6.1
From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.
From July 2017 to June 2018, the state saw $529,851,245 in taxable medical and adult-use cannabis sales, a figure that has steadily increased to $719,216,651 during the current fiscal year, which includes sales data from July 2020 to March 2021, according to the Nevada Department of Taxation. They’re looking for convenience.”.
We also discuss why advocates have a problem with the SAFE Banking Act, the impediments to wide-spread legalization and the best ways for companies to navigate regulations. The SAFE Banking Act that passed yesterday, what are your thoughts on all of that? So, I’ll use the SAFE Banking Act. Okay, of past records.
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