Illinois News Joint

MARCH 1, 2023

For a live menu, click here , or check our Dispensary Directory for more information about the retail store. For more Dispensary Spotlight Features, visit here. Maribis is an independent and female-owned cannabis company with dispensaries located in northern and central Illinois. East, Grandview, Illinois.

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Veriheal

MAY 5, 2023

A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Montana’s Cannabis-Banking Bill A proposed bill in Montana aims to facilitate the interaction between banks and cannabis companies.

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Illinois News Joint

JANUARY 23, 2023

For a live menu, click here , or check our Dispensary Directory for more information about Maribis of Chicago Westchester. Maribis is an independent and female-owned cannabis company with dispensaries located in northern and central Illinois. For more Dispensary Spotlight Features, visit here. Westchesterr Ave.

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Cannabis Law Report

JUNE 4, 2021

While the rules and regulations vary from state to state, that has not limited some dispensaries from opening locations in several regions. These multi state operators (MSOs) need to take the specific requirements of each state into account in every aspect of their business, from product types offered to how they bank.

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Cannabis Law Report

DECEMBER 1, 2021

Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. That leaves dispensaries managing and protecting massive sums of cash, and the stores cannot offer a modern retail payment system to the consumer. SuperNet has a solution.

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Cannabis Law Report

JUNE 10, 2020

March 13 2020 Tulsa world reported… A Tulsa-area dispensary faces a federal lawsuit from Bank of Oklahoma alleging trademark infringement. In a Wednesday filing in … Read More.

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Marijuana Packaging

SEPTEMBER 23, 2024

With dispensaries set to open in Hawaii this July, famed actor and marijuana enthusiast Woody Harrelson has officially jumped on the legal marijuana bandwagon, announcing his bid among 60 + other candidates, for Hawaii's first licensed marijuana business.

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MassRoots

JULY 28, 2020

One of the most important pieces of cannabis related legislation, the Secure and Fair Enforcement Banking Act ( SAFE Banking Act ), has the chance to be included in the next round of COVID-19 relief legislation in the United States. Tell them to support the inclusion of the SAFE Banking Act. Don’t wait.

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Veriheal

MARCH 23, 2021

Jim Patterson, the former head of the Eaze cannabis delivery company , has pleaded guilty to committing bank fraud while he was still active as CEO. Why Commit Bank Fraud? If you’ve been to a dispensary recently, you might have noticed that you were unable to use your credit or debit card to pay for your purchases.

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Cannabis Law Report

JULY 26, 2021

Due to laws at the Federal level restricting the presence of banks within the cannabis sector, merchants and businesses have long struggled to offer convenient payment mechanisms to their shoppers – many of whom are used to paying online but often can’t when it’s a cannabis store. SOURCE RocketFuel Blockchain Inc.

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Cannabis Law Report

DECEMBER 2, 2021

Treasury Secretary Janet Yellen said she supports allowing legal cannabis dispensaries to access the US banking system — where they’re now largely barred — to make it easier for the government to collect tax revenue. Yes, of course it would,” the Treasury secretary replied.

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MMJ Recs

JULY 25, 2021

Pennsylvania dispensary laws can be somewhat confusing for first-time visitors and new MMJ patients. Dispensaries have only been open for business in Pennsylvania since 2018, so the Keystone State has a lot of relatively new MMJ patients. This means patients need to bring cash to pay for medical marijuana in many PA MMJ dispensaries.

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Cannabis Law Report

JULY 26, 2021

RocketFuel (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of one-click online payment options using Bitcoin and 50+ other cryptocurrencies, today announced that it will be making its payment solution available to be used by licensed cannabis dispensaries and merchants.

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Greenspoon Marder Cannabis Law Group Blog

MARCH 28, 2019

The SAFE Banking Act is sponsored by Reps. and would allow banks and credit unions to work with growers, dispensaries and other marijuana-related businesses. The post Bank On It: One Step Closer to Cannabis Business Banking appeared first on Greenspoon Marder Cannabis Law. Ed Perlmutter (D-Colo.)

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Cannabis Law Report

MARCH 4, 2022

Dispensaries are becoming more common and this is good news for anyone who is thinking about going into the marijuana business, but for the U.S. So if you’re thinking about jumping on this trend and starting a marijuana dispensary, here are some of the things you need to consider first. states started to legalize it. economy as well.

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Medical Marijuana Program Connection

OCTOBER 11, 2023

Transactions made at … resolve these issues by allowing marijuana dispensaries access to traditional banking … process. … changes to the regulation of marijuana-related transactions. Read More

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Cannabis Law Report

JUNE 21, 2021

Here’s their letter to the Chair and Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee. The inability of these state-legal entities to bank their significant cash reserves is an issue of public safety. In Yellowstone County, two medical marijuana dispensaries were burglarized on the same day in March.”.

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SpeedWeed

FEBRUARY 15, 2019

Six years after introducing the Secure and Fair Enforcement (SAFE) Banking Act, a cannabis banking reform measure, co-author Denny Heck finally saw it enjoy its first committee hearing in Congress on Wednesday. Here’s How Cannabis Companies Are Banking Legally on the Down Low. “We are all late,” Rep. .”

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WeedAdvisor

MAY 22, 2019

Banking and the cannabis industry have a somewhat hands-off relationship. banks are skittish about doing business with dispensaries in legal states. Even taxes cannot be paid electronically through a bank, forcing owners to literally hand massive amounts of cash to the IRS every year. New Legislation. .

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Medical Marijuana Program Connection

APRIL 19, 2024

Yes, there is a New Jersey legal weed dispensary near you. It may not be in your town, but it’s probably in your county. In most parts of the state, you should have one within a half-hour drive at the most. And in some places — like Somerset, Mount Holly. Read More

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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.

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Veriheal

AUGUST 14, 2023

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. There was a LOT of cash in those early shops.”

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The Joint Blog

MAY 17, 2020

Included in the language of the bill, according to NORML, is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. The post COVID-19 Relief Package Includes Cannabis Banking Relief appeared first on TheJointBlog.

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MMJ Recs

OCTOBER 25, 2019

But there’s one big question that surrounds the medical marijuana industry in Oklahoma: how do banks and the cannabis industry come together for their mutual benefit? Marijuana is still illegal on a federal level, making it difficult for those in the cannabis industry to use the federal banking system safely.

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Veriheal

JULY 2, 2020

The Senate also added language that requires dispensaries to record medical cannabis purchases under the program in the state prescription monitoring program database. Another piece of legislation included a provision to allow cannabis businesses to have equal rights and access to banking despite their affiliation with cannabis.

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Kind Meds (Cannabis Education Blog)

MARCH 25, 2022

Whether it’s your first time going to any kind of dispensary or you’re a seasoned professional who’s new to the Arizona cannabis scene, visiting a new dispensary can be intimidating. That’s why our team at Kind Meds set out to make this Arizona dispensary guide for any newcomers looking to purchase cannabis here.

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NORML

AUGUST 30, 2019

A pair of senior economists affiliated with the Federal Reserve Bank of Philadelphia assessed the local effects of retail dispensaries on neighborhood crime in Denver, Colorado. ” The majority of crime reduction is due to a decrease in non-violent criminal activity.

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Cannabis Law Report

MARCH 5, 2022

Cannabis dispensary owners and employees are hoping to see a decrease in armed robberies with the passage of a bill imposing stricter penalties for offenders. The bill proposes increasing the standard sentence range by 12 months for those found guilty of robbing a dispensary. Kitsap Daily News reports.

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Cannabis Law Report

JULY 25, 2022

Jushi” or the “Company”) ( CSE: JUSH ) ( OTCQX: JUSHF ), a vertically integrated, multi-state cannabis operator, announced the opening of its third medical cannabis dispensary in Virginia and 34th retail location nationwide. BOCA RATON, Fla., July 25, 2022 – Jushi Holdings Inc. to 8:00 p.m. and on Sunday from 10:00 a.m. to 6:00 p.m.

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Cannabis Law Report

JUNE 22, 2021

Many legal cannabis businesses are forced to be cash-only, leaving them vulnerable to burglaries, robberies, and violent crimes.

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Greenspoon Marder Cannabis Law Group Blog

JULY 26, 2019

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. .

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Cannabis Law Report

OCTOBER 21, 2022

According to a recent article from Upstate New York, the state of New York is confronting an issue commonly faced in the state-legal cannabis industry, a lack of banking options.

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Connor & Connor PLLC

NOVEMBER 27, 2019

Across the country, retail stores and medical dispensaries are seeing large revenues, despite the even larger burden of regulations and the persistent federal prohibition of the practice. Many of the dispensaries, especially in Nevada, are seeing their efforts pay off. How do I start a dispensary? 1] [link] ; [link]. [2]

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Veriheal

FEBRUARY 18, 2022

According to Tom Bout, founder of the Cannabis Professionals Network, over 30 Washington dispensary robberies have occurred since November 2021. The post Sha’Carri Grills IOC Over Controversial Ruling, WA Senate Passes Dispensary Protection Bill, & USPS Labor Shortages appeared first on Cannabis Central. Ed Perlmutter?

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Cannabis Law Report

MARCH 17, 2022

The Apothecarium 1 in Las Vegas Marks Jushi’s First Dispensary in The State of Nevada. Jim Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi, said: “We are excited to add Apothecarium Nevada to our growing retail network, marking our first Nevada dispensary, located off the iconic Las Vegas strip. BOCA RATON, Fla.,

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SMPL

MAY 21, 2020

Louisiana lawmakers advanced three marijuana reform bills on Wednesday, and that includes legislation that would dramatically expand the state’s medical cannabis program and offer protections for banks that service marijuana businesses. Another bill introduced by Rep. Larry Bagley (R), withdrew it.

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Cannabis Law Report

JULY 23, 2019

The Washington Times reports………Nevada officials are launching the nation’s first banking system for the booming cannabis industry, whose dispensaries increasingly are targeted for burglaries and robberies for the hundreds of thousands of dollars of cash they keep on hand to pay employees, taxes and rent.

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