Cannabis Law Report

MAY 11, 2022

The government has also required pot sellers to pay taxes, comply with rules set by the Occupational Safety and Health Administration, and follow banking regulations. House of Representatives passed a bill on April 1 to completely decriminalize. Read more at [link].

Dispensary 52

Dispensary Decriminalization Banking Law 52

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. xxxvii Colorado Division of Criminal Justice, Department of Public Safety. Conclusion.

Banking 59

Banking Marijuana Collective Recreational 59

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. Update : HB 2149 was approved by the Public Safety Committee on 2/20. Click here to email your lawmakers in support of banking access. AZ resident? IL resident? WV resident?

Legislation 183

Legislation Hemp Compliance Compliance 183

SpeedWeed

FEBRUARY 19, 2021

Already, New York has taken steps to decriminalize cannabis and as this new market is realized, and it’s critical that criminal penalties are thoughtfully assigned, as to ensure that the progress which has already been made, is not inadvertently reversed.

Programs 40

Programs Legislation Decriminalization Safety 40

SpeedWeed

FEBRUARY 18, 2021

Already, New York has taken steps to decriminalize cannabis and as this new market is realized, and it’s critical that criminal penalties are thoughtfully assigned, as to ensure that the progress which has already been made, is not inadvertently reversed.

Media 52

Media Decriminalization Safety Programs 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. ” At a more local level, the decriminalization policy in Dayton, Ohio went into effect this week. NH resident?

Legislation 167

Legislation Hemp Compliance Compliance 167

Cannabis Law Report

SEPTEMBER 22, 2022

As of this writing, 18 states, the District of Columbia, Guam and the Northern Mariana Islands have legalized marijuana for recreational use, and another 13 states have decriminalized the use of marijuana. The Illinois statute is similar to that of Massachusetts, articulating a standard of “unreasonable danger to the safety” of a child.

Business 52

Business Law Legalization Supply Chain 52

Cannabis Law Report

JANUARY 7, 2019

That lets us dispense, to use another pun, with all the areas where cannabis enjoys not-quite-official status – no-enforcement zones, decriminalized areas, and so on. Cryptocurrencies have demonstrated, via their blockchain technology, that they present a viable alternative for folks unwilling or unable to secure traditional banking accounts.

Banking 40

Banking Cannabis Legalization Dispensary 40

Veriheal

DECEMBER 1, 2021

A group of associations representing American credit unions recently submitted a letter to Congress urging members to pass critical cannabis banking reform legislation. Because of cannabis’ status as a Schedule I—aka federally illegal—substance, many banks and credit unions avoid hosting accounts for cannabis-related businesses.

Banking 67

Banking Decriminalization Business Legislation 67

Medical Marijuana Program Connection

JULY 24, 2023

var mantis = mantis || []; mantis.push(['display', 'load', { property: '5bbb53a2bcafb20075d8dc64' }]); Cajibio (CNN) — On a recent Friday morning, about 200 coca and marijuana farmers gathered in the small…

Marijuana 52

Marijuana Legalization Agriculture Safety 52

The Cannigma

MARCH 12, 2021

There are no payment systems, there’s no banking and cannabis. And in my belief, it should be cannabis, because of the safety profile, number one. And I wanted to talk about the prospect of a federal reform from various levels all the way up to full legalization or decriminalization on the federal level.

Legalization 130

Legalization Patients Education Dispensary 130

SpeedWeed

MARCH 6, 2021

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.

THC 52

THC Patients Law Chronic Pain 52

NORML

AUGUST 19, 2019

The MORE Act, which was introduced to the US Congress last month, would completely decriminalize marijuana at the federal level. “One of the first votes he cast as an elected official in the New York Assembly was to decriminalize the state of New York.” Click here to send a message to your Representative now!

Policy 278

Policy Marijuana Legislation Programs 278

Veriheal

DECEMBER 1, 2022

CRO Financial Services: The SAFE Banking Act. The SAFE Banking Act was introduced in 2019 and has passed the House seven times, but it still needs to make it to the Senate floor. Throughout the years, the SAFE Banking Act has been revised and is now referred to as the SAFE Banking Plus Act.

Access 109

Access Banking Policy Legislation 109

Cannabis Law Report

AUGUST 30, 2019

US Senator Mike Crapo (R-ID) , chairman of the Senate Committee on Banking, Housing and Urban Affairs, expressed interest in addressing banking issues facing cannabis businesses operating legally in their states. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

Veriheal

FEBRUARY 21, 2022

Empyreal operates in 28 states, acting as a cash courier for cannabis businesses and their banks. These seizures don’t stop crime or improve public safety; they just enrich these agencies, which get to split the proceeds from civil forfeiture. The armored car was driving into Barstow via a Mojave Desert freeway back in November 2021.

Dispensary 113

Dispensary Business Legalization DEA 113

Cannabis Law Report

JULY 21, 2022

The comprehensive legislation would end federal cannabis prohibition by removing cannabis from the Controlled Substances Act; empower states to create their own cannabis laws; ensure federal regulation protects public health and safety; and prioritize restorative and economic justice .

Safety 52

Safety Legislation Clinical Trials Banking 52

Canna Law Blog

MAY 13, 2022

The SAFE Banking Act has languished in Congress since early 2017, a victim of political gridlock and division, as well as political wrangling over broad approaches to cannabis legalization. We last covered the SAFE Banking Act in February , when it looked as though 2022 would be the sixth year in which this bill would die.

Banking 93

Banking Legislation Safety Decriminalization 93

Cannabis Law Report

SEPTEMBER 22, 2019

Because it occupies a legal grey area, banks are hesitant to touch the industry, making it primarily an all-cash business and an attractive target for thieves. Learn how applying driver safety programs, background checks and the right insurance coverage can reduce your risk. ” EMPLOYMENT RIGHTS.

Cannabis 45

Cannabis Access Patients Legalization 45

Cannabis Law Report

AUGUST 5, 2021

There will also be a role for the Treasury and the Consumer Product Safety Commission. There are no provisions on banking, but making cannabis legal should remove money laundering issues. The fate of the SAFE Banking Act to enhance banking access for cannabis companies, which Sen. SAFE Banking. Some Thoughts.

Banking 111

Banking Vaping Education DEA 111

Cannabis Law Report

OCTOBER 17, 2019

As more countries legalize or decriminalize the cultivation, manufacture, sale, and use of cannabis, companies across a variety of industries are looking for opportunities to capitalize on this emerging market. Many of these are meant to address public safety risks, especially for young people.

Law 40

Law Seed-To-Sale Hemp Recreational 40

Canna Law Blog

NOVEMBER 16, 2021

This includes bills on banking (see the SAFE Banking Act , which has passed the House no less than five times) and overall federal legalization (see the MORE Act as well as its sister Senate legislation, the Cannabis Administration Opportunity Act (“CAOA”)).

DEA 95

DEA Business Banking Food 95

Cannabis Law Report

MAY 13, 2019

These days, the industry in Nevada faces some steep challenges, including the lack of banking services and some serious questions — raised in numerous lawsuits — that the state’s process for distributing conditional licenses was unfair. Pilot program for banking. Nevada’s three Democratic House members are co-sponsoring the bill. “As

Legislation 58

Legislation Banking Consumption Conditions 58

Cannabis Law Report

JUNE 4, 2021

He is the founder of Apeiron Investment Group, his family office and merchant banking business. Previously, he worked in a senior role at a Canadian Investment Bank and in private equity in Vancouver, London and Toronto. Lucia started her career advising pharmaceutical companies in investment banking. Ingmar Gorman. Noah Potter.

Research and Development 51

Research and Development Medicine Treatment Pharmaceutical 51

Canna Law Blog

DECEMBER 9, 2021

The hopes for better and increased marijuana banking, which were tied up in the Secure and Fair Enforcement ( SAFE ) Banking Act (a serious and common sense federal marijuana banking bill), are currently dashed since the SAFE Banking Act has been left out of the Senate’s changes to the National Defense Authorization Act (“ NDAA “).

Banking 95

Banking Marijuana Business Decriminalization 95

Cannabis Law Report

SEPTEMBER 29, 2021

Ed Perlmutter (D-CO) and Andy Barr (R-KY) all opined on the progress of the SAFE Banking Act legislation that they’ve been industriously working on; Reps. Wyden expressed frustration at the lack of regulatory action by the FDA, arguing that it hurts consumer safety and creates economic uncertainty for hemp farmers. “We By Kyle Jaeger.

Hemp 52

Hemp Banking Legislation Policy 52

Cannabis Law Report

NOVEMBER 29, 2021

DECRIMINALIZATION. DECRIMINALIZATION. Senate Bill 201 : The legislation amended the state’s traffic safety laws by providing an affirmative defense for those motorists who test positive for the presence of either THC or its metabolite, but who are not responsible for a traffic accident and who show no evidence of intoxication.

Legislation 98

Legislation Patients Retail Access 98

SpeedWeed

JULY 17, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Legalization 52

Legalization Banking Legislation Cannabis 52

SpeedWeed

JULY 17, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Banking 52

Banking Legislation Cannabis Policy 52

SpeedWeed

JULY 16, 2021

“We applaud the introduction of legislation that would federally decriminalize cannabis. The introduction of legislation that would federally decriminalize cannabis would have implications far beyond banking. While this bill is an essential step in the right direction, it is a big ask and I’m a realist.

Dispensary 52

Dispensary Banking Legislation Cannabis 52

Cannabis Law Report

FEBRUARY 11, 2022

And for good reason – the induction of a new, more liberal administration, rapid state-level legalization, broad support by Americans, [1] and growing bipartisan backing led many to believe that 2021 was going to be the year where federal decriminalization of cannabis would become a reality. House once again.

Banking 59

Banking Decriminalization Cannabis Programs 59

Cannabis Law Report

APRIL 15, 2022

After an hour of debate, the House also adopted two amendments aimed at assuaging Republican concerns about impaired driving and workplace safety. Ed Perlmutter’s (D-CO) Secure and Fair Enforcement Banking (SAFE) Banking Act , which was most recently passed by the House in 2021. Chuck Schumer (D-NY), and Rep.

Marijuana 52

Marijuana Banking Research and Development Legislation 52

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. This will certainly open up a world of opportunity, safety and convenience to beleaguered dispensaries everywhere. This leaves the SAFE Banking Act standing on its own.

Banking 49

Banking Advocacy Legislation Dispensary 49

Cannabis Law Report

MARCH 21, 2019

House Committee to Vote on Cannabis Banking Bill Next Week. Hawaii Lawmakers Approve Marijuana Decriminalization Bill In Joint Committee Hearing. Gina Raimondo’s plan to tax and regulate recreational marijuana, telling lawmakers the bill addresses some law enforcement concerns about public safety. MASSACHUSETTS.

Digestion 49

Digestion Dispensary Recreational Legislation 49

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

Cannabis Law Report

JUNE 20, 2019

The House Appropriations Committee approved the 2020 Financial Services and General Government bill, which includes a cannabis banking provision that would prohibit financial regulators from spending money to go after financial institutions that do business with lawful cannabis companies. The state taxes medical cannabis sales at 2.9

Seed-To-Sale 40

Seed-To-Sale Hemp Food CBD 40

Cannabis Law Report

MAY 14, 2022

In light of these attitudes, it’s no surprise that the US House of Representatives recently passed a bill to federally decriminalize cannabis. Momentum Builds in Senate for Passing SAFE Act – Bipartisan support in the Senate grows for passage of the SAFE Banking Act, which would facilitate banking access for cannabis companies.

Banking 52

Banking Recreational Research and Development Cannabis 52