NORML

JUNE 23, 2019

New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of juvenile decriminalization. The bill now heads to the Governor. CA resident?

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Legislation Hemp Decriminalization Agriculture 206

NORML

JUNE 14, 2019

At a more local level, the Cincinnati, Ohio city council approved a measure to decriminalize up to 100 grams of cannabis possession. Update : SB 51 is scheduled for a hearing in the Assembly Banking And Finance Committee on 6/24/19. Click here to email your lawmakers in support of banking access. CA resident?

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Legislation Banking Access Hemp 179

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. AL resident?

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Legislation Patients Access Seed-To-Sale 193

NORML

FEBRUARY 1, 2019

Manor Township, Pennsylvania is considering a proposal that would decriminalize cannabis possession. Legislation is pending, House Bill 2555, to decriminalize small amounts of marijuana possession. Click here to email your lawmakers in support of decriminalization. Click here to email your lawmakers in support of banking access.

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Legislation Decriminalization Access Patients 188

NORML

APRIL 20, 2019

A decriminalization bill was defeated in the Missouri House of Representatives this week. At a more local level, The city commissioners of Daytona Beach voted to decriminalize up to 20 grams of marijuana possession. Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana.

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Legislation Decriminalization Hemp Compliance 183

NORML

MARCH 22, 2019

House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. And Steelton Borough, Pennsylvania passed an ordinance to decriminalize up to 30 grams of cannabis possession. Click here to email your lawmakers in support of decriminalization. GA resident? HI resident?

Legislation 165

Legislation Hemp Patients Compliance 165

The Blunt Truth

JANUARY 3, 2022

It means that cannabis business will still be conducted on a state by state basis while some members of Congress continue to advocate for federal legalization or decriminalization of cannabis. The same is true for cannabis banking legislation.

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Banking Legislation Business Decriminalization 116

The Blunt Truth

SEPTEMBER 29, 2023

The big news this week is that, for the first time ever, a cannabis bill, the SAFER Banking Act, got a markup in the Senate. SAFER BANKING Although the SAFE Banking Act has passed multiple times in the House of Representatives, it’s never gotten out of committee in the Senate. Spoiler alert: the two don’t mix.

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Banking DEA Legislation Decriminalization 93

NORML

FEBRUARY 22, 2019

At the state level, the North Dakota House of Representatives defeated a decriminalization bill on the House floor by a narrow 43-47 vote. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of banking access. IL resident? The bill was already approved by the full House.

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Legislation Hemp Compliance Compliance 192

The Blunt Truth

JUNE 11, 2020

New Jersey considers decriminalization. Legislators introduced a decriminalization bill this week that would remove criminal penalties for crimes involving possession of less than one pound of marijuana. There’s plenty of state news also. Iowa votes to reform its medical marijuana program. aba/sba correspondence. new jersey.

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Pets Decriminalization Banking Programs 95

The Blunt Truth

JUNE 20, 2019

Now Virginia Attorney General Mark Herring is calling for the state to decriminalize marijuana. Texas has legalized it, and the Postal Service will ship it, but banking is still a problem. But what about hemp, marijuana’s straight arrow cousin?

Banking 76

Banking Decriminalization Education Business 76

Veriheal

OCTOBER 30, 2023

It has also decriminalized the possession of small quantities of cannabis. 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.”

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Legalization Therapy Decriminalization Epilepsy 119

Veriheal

DECEMBER 22, 2023

In past years, the NAACP endorsed various measures aimed at decriminalizing cannabis. Ademola Oyefeso , UFCW’s Head of Legislative and Political Action, recently appeared before the Senate Banking Committee to advocate for cannabis banking reform — an essential component of the industry’s financial stability.

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Legalization Supply Chain Banking Marijuana 122

The Blunt Truth

DECEMBER 5, 2019

New Jersey is talking about decriminalizing marijuana. Now, Governor Phil Murphy is pushing for statewide decriminalization , as a stop-gap measure. In banking news, the Federal Reserve released guidance this week allowing banks to work with the hemp industry. For our take on that correspondence, see here.

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Chronic Pain Decriminalization Banking Hemp 61

WeedAdvisor

AUGUST 16, 2019

Despite significant leaps forward in public attitude toward marijuana, including the decriminalization of public marijuana consumption, Colombia might still need a few years before the public embraces full legalization. Recreational marijuana is decriminalized in small amounts and when used on private property. Argentina. .

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Marijuana Banking Decriminalization Recreational 85

NORML

JUNE 28, 2019

New Mexico’s new decriminalization law takes effect this coming Monday July 1. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of juvenile decriminalization. Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law.

Legislation 116

Legislation Access Decriminalization Patients 116

The Blunt Truth

SEPTEMBER 3, 2020

Assembly Bill 1525 allows cannabis banking under California state law. The bill would decriminalize cannabis and expunge the criminal records of nonviolent marijuana offenders. It’s been a busy week for the Golden State. The legislature approved two marijuana measures. the more act. There’s also news on the federal level.

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DEA CBD Banking Edibles 98

Veriheal

SEPTEMBER 17, 2020

Cannabis has also been decriminalized but comes with harsh punishments for some of those caught consuming the plant especially in public. Cannabis is Decriminalized in Israel, or Is It? Many people argue that this isn’t decriminalization at all. They are, however, focused on catching offenders smoking cannabis in public.

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Decriminalization Media Cannabis Therapy 105

The Blunt Truth

DECEMBER 26, 2019

In February, we saw the first ever Congressional hearing on cannabis banking. On the federal level, however, the SAFE Banking Act was approved by the House Financial Services Committee (45-15). On to July, when the Senate Banking Committee had a hearing on cannabanking. The Senate failed to take action on the banking bill.

Banking 71

Banking Hemp Agriculture Seed-To-Sale 71

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. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. NM resident?

Legislation 189

Legislation Hemp Compliance Compliance 189

Cannabis Law Report

OCTOBER 28, 2019

With the decriminalization of cannabis in Canda, as well as the United States of America, the world is about to witness a new world order. In fact, more than anything else, the legalization of cannabis has led to a boom in financial reserves for the countries and states that have decriminalized its use. . The Change In Tax Generation.

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Decriminalization Seed-To-Sale eCommerce Banking 65

Cannabis Law Report

DECEMBER 23, 2019

Tell Senator Crapo that a 2% THC cap is unacceptable and that banking reform can’t wait. We agree banking reform cannot wait. The denial of access to banking to the cannabis industry – legal or illegal – is simply stupid. We have always supported the decriminalization of the possession and use of marijuana.

Banking 59

Banking Access Decriminalization Legislation 59

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. Weed Is Decriminalized in 15 States. On the bright side, the U.S.

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Law Marijuana Banking Decriminalization 64

Cannabis Law Report

OCTOBER 7, 2021

As you know around the country some cities have begun decriminalizing psychedelic compounds for personal and religious use. At the federal level, we believe regulations will follow a similar path to cannabis – facing a lot of similar hurdles, especially in banking.

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Legislation Research and Development Treatment Therapy 105

Otherside Farms

MAY 5, 2020

and decriminalized in many others. This trend of decriminalization means the market is prime for those looking to start weed businesses. Banks typically don’t provide loans to cannabis ventures especially, those directly involved with the plant or its derivatives. Most banks are under the federal government.

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Business Banking Seed-To-Sale Compliance 52

Cannabis Law Report

MARCH 13, 2019

tax code; banking procedures; accounting policies and procedures; licensing; operating policies; outsourced accounting; referrals to ancillary service providers; and general business consulting. Will Banks get a Hit of the Cannabis Industry? Home » Blogs » Will Banks get a Hit of the Cannabis Industry? CONTINUE READING.

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Hemp Business Banking Concentrates 71

The Joint Blog

JULY 15, 2021

Increased access to banking: While many states have legalized the sale and use of cannabis herb, it is still illegal on a federal level. Since the federal law regulates the banking system, banks hardly opted to do business with cannabis companies.

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Banking Retail Access Business 52

Cannabis Law Report

MARCH 17, 2020

These numbers are likely to increase substantially in the next few years as more than half the states have pending legislation legalizing cannabis for some use or decriminalizing the drug. There has been some relief for the industry as some regional banks and credit unions have begun offering financial services to cannabis businesses.

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Legislation Legalization Banking Decriminalization 45

Cannabis Law Report

JANUARY 10, 2020

viii Other states have decriminalized the first-time possession of small quantities of marijuana or legalized the limited sale and use of low-THC CBD oil, a non-psychoactive product from the cannabis plant often used for medical purposes. xli The Secure and Fair Enforcement Banking Act (SAFE Banking Act) was approved by the U.S.

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Banking Marijuana Collective Recreational 45

The Joint Blog

JUNE 15, 2021

Connecticut (recreational cannabis is decriminalized, in quantities under.5 Delaware (recreational weed is decriminalized but is still illegal). . Hawaii (recreational cannabis has been decriminalized but is still illegal). . Minnesota (recreational weed is decriminalized but is still illegal). . New Mexico.

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Legalization Decriminalization Recreational State Laws 52

Cannabis Law Report

AUGUST 10, 2022

Thirty-eight states have either decriminalized cannabis or enacted laws authorizing its use for medical or recreational adult use. [1] Some advocates are still pushing to pass the SAFE Banking Act, allowing banks insured by the FDIC to serve cannabis businesses without fear of violating federal law.

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Legalization Banking Legislation Compliance 52

Cannabis Law Report

MARCH 19, 2020

Any deployment of private equity in the cannabis industry requires a serious consideration of business, banking, legal, financial, taxation, securities, and regulatory issues in the relevant jurisdictions. In India, any investment made in the cannabis business, would be taxable.

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Legalization Banking Research and Development Nerve Pain 59

Cannabis Law Report

AUGUST 20, 2022

One theory is that many investors in publicly traded MSOs speculated that by now, Congress would have at least passed a bill to decriminalize the plant or would have passed the SAFE Banking Act to ease cannabis businesses’ access to banking services.

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Wellness and Beauty Banking Decriminalization Data 52

Cannabis Law Report

MAY 5, 2022

Cannabis was decriminalized in Trinidad and Tobago in 2019, and people can possess up to 30 grams of cannabis and cultivate up to 4 plants on their own property. He said the bill will allow individuals entering the cannabis industry to become bankable, without any risk of correspondent bank failure. dispensary. import license.

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Decriminalization Banking Cultivation Consumption 52

Cannabis Law Report

SEPTEMBER 26, 2021

Senate Majority Leader Chuck Schumer has thrown his weight behind cannabis decriminalization, producing a draft bill this summer that would regulate a nationwide industry and force siloed state markets to interact with each other.

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Legalization Decriminalization Banking Policy 52

Cannabis Law Report

JUNE 25, 2019

Legislators have been scrambling this year to address huge challenges faced by the industry, with banking, social equity, and the expiration of thousands of temporary licenses being just a few of the top concerns. The Decriminalization of Magic Mushrooms. Written by: Michelle Mabugat, Esq. Written by: An-Chi Tsou, PhD.

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Law Decriminalization Banking Legalization 40

The Blunt Truth

JANUARY 3, 2019

Welcome also to a new year of Week in Weed; after the many cannabis-related events of 2018 , one can only imagine what will be occupying our attention in 2019… This week, saw the release of a disappointing report on the possibility of cannabis banks in California. Vincent and the Grenadines has decriminalized marijuana.

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Banking Decriminalization Events Legislation 40