Cannabis Law Report

MAY 13, 2020

The SAFE Banking Act is perhaps the most important piece of federal marijuana legislation outside of bills for full legalization or decriminalization. It has also … Read More.

Banking 59

Banking Decriminalization Legislation Legalization 59

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?

Legislation 209

Legislation Hemp Decriminalization Agriculture 209

The Blunt Truth

FEBRUARY 20, 2020

Meanwhile, in Virginia, both chambers of the state legislature passed decriminalization bills. Turning our attention to the federal government, Senate Banking Committee chair Mike Crapo (R-ID) got a letter this week from Republican legislators asking him to oppose marijuana banking.

Banking 102

Banking Decriminalization Legislation Collective 102

NORML

FEBRUARY 8, 2019

House Financial Services Committee is scheduled to hold a hearing on cannabis business banking issues next week. Legislation is pending to decriminalize the possession of small amounts of marijuana. A third measure, House Bill 1658, would decriminalize the possession of up to two ounces of marijuana. A subcommittee of the U.S.

Legislation 195

Legislation Decriminalization Patients Access 195

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?

Legislation 180

Legislation Banking Access Hemp 180

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?

Legislation 195

Legislation Patients Access Seed-To-Sale 195

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.

Legislation 186

Legislation Decriminalization Hemp Compliance 186

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.

Legislation 188

Legislation Decriminalization Access Patients 188

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 167

Legislation Hemp Patients Compliance 167

WeedAdvisor

SEPTEMBER 21, 2019

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. However, top Democratic Senator Chuck Schumer feels that the SAFE Banking Act is insufficient and potentially detrimental to legalization. Good Bill, Poor Timing. .

Banking 49

Banking Advocacy Legislation Dispensary 49

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.

Banking 116

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.

Banking 93

Banking DEA Legislation Decriminalization 93

WeedAdvisor

JUNE 10, 2019

If passed, this bipartisan bill would demolish an obstacle that has plagued banks and dispensaries alike. Due to the clashes between laws in legal states and federal laws – which maintain that marijuana is illegal – banks fear federal prosecution if they handle money from otherwise legal dispensaries. Banking Policies. .

Banking 49

Banking Dispensary Legislation Decriminalization 49

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.

Legislation 193

Legislation Hemp Compliance Compliance 193

Cannabis Law Report

APRIL 5, 2019

Since Oregon became the first state to decriminalize cannabis in the 1970’s, I have been working to correct the disconnect between federal cannabis policy and the needs and wishes of the American people.

Banking 59

Banking Policy Legislation Decriminalization 59

The Blunt Truth

DECEMBER 30, 2021

The dog days of August brought us Louisiana decriminalizing marijuana. Cory Booker (D-NJ) announced his opposition to the SAFE Banking Act. That wasn’t the only setback for marijuana advocates; the SAFE Banking Act was stripped out of the National Defense Authorization Act. Regulatory confusion continues.

Banking 131

Banking Hemp Decriminalization Legalization 131

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.

Pets 95

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.”

Legalization 119

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.

Legalization 122

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.

Chronic Pain 61

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. .

Marijuana 85

Marijuana Banking Decriminalization Recreational 85

SpeedWeed

MAY 14, 2021

The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. The post Several Cannabis Reforms Advance in Louisiana, Including a Decriminalization Bill appeared first on SpeedWeed. Jerrold Nadler, D-N.Y.,

Decriminalization 52

Decriminalization Legislation Banking Policy 52

NORML

APRIL 26, 2019

Republican leaders in Wisconsin’s state legislature said that Governor Evers’ medical cannabis and decriminalization budget proposals will not be passed through the legislature this session. Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. AL resident?

Legislation 180

Legislation Compliance Compliance Hemp 180

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 117

Legislation Access Decriminalization Patients 117

NORML

MAY 10, 2019

Legislation is pending, House Bill 96 / Senate Bill 98, to decriminalize the possession of small amounts of marijuana. Click here to email your lawmakers in support of decriminalization. Click here to email your lawmakers in support of banking access. Click here to email your lawmakers in support of decriminalization.

Legislation 180

Legislation Hemp Compliance Compliance 180

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.

Decriminalization 105

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 191

Legislation Hemp Compliance Compliance 191

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.

Decriminalization 65

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.

Law 64

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.

Legislation 105

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.

Business 52

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.

Hemp 71

Hemp Business Banking Concentrates 71

NORML

JULY 3, 2019

“Because marijuana is still illegal under federal statutes, many banks are reluctant to offer loans for a medical marijuana business, though it’s possible to get loans from private individuals.” Follow Illinois NORML on Facebook and Twitter and become a member today ! Dan Viets, Executive Director, Missouri NORML.

Patients 146

Patients Advocacy Dispensary Access 146

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.

Banking 52

Banking Retail Access Business 52