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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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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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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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

MARCH 4, 2022

states started to legalize it. 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.

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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. MERKLEY, DAINES URGE COLLEAGUES TO BUILD PATHWAY FORWARD FOR BIPARTISAN LEGISLATION TO ENSURE THAT LEGAL CANNABIS BUSINESSES CAN ACCESS CRUCIAL FINANCIAL SERVICES. Thursday, June 17, 2021. Washington, D.C.

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Greenspoon Marder Cannabis Law Group Blog

MARCH 28, 2019

The House Financial Services Committee yesterday approved legislation that would help financial institutions serve cannabis businesses operating in legalized states. 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.

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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.

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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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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 effect of marijuana legalization on neighborhood crime,” is online here. The abstract of the study, “Not in my backyard? Not so fast.

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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. Legal but not Bankable. Most Americans live in states where marijuana is legally available in some form.

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Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. The need for cannabis businesses to have access to banking services continues to gain federal support.

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The Blunt Truth

SEPTEMBER 23, 2021

Welcome back to The Week in Weed, your Friday look at what’s happening in legalized marijuana. Cannabis banking hitches a legislative ride on the National Defense Authorization Act. Chicago’s new zoning restrictions allow more dispensaries. Adult-use marijuana could become legal in Italy. Not really. and finally.

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The Blunt Truth

DECEMBER 16, 2022

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we report (with skepticism) on the chances of SAFE Banking making it into the omnibus bill. Staying in New England, we examine the potential for New Hampshire legalization. SAFE BANKING (SIGH).

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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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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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MMJ Recs

OCTOBER 25, 2019

Since Oklahoma legalized medical marijuana in 2018, it’s been a boon to the economy as well as a boost to the health of the people who benefit from it. 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?

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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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SpeedWeed

AUGUST 9, 2021

With Virginia set to start flower sales in late Q3 or early Q4, Jushi also plans to launch two of its flower brands, The Bank and Sèche, to help meet growing patient demands. The Lab is also available at dispensaries across Nevada and Pennsylvania, including Pennsylvania’s BEYOND / HELLO locations. Premium Flower: The Bank.

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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. One of the first states to legalize recreational marijuana was Colorado, followed by Washington and Oregon. How do I start a dispensary?

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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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Banking Cannabis Business Safety 40

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. Members of the House of Representatives voted 321 to 103 in favor of the Act in September.

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Packaging Banking Business Legislation 52

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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Otherside Farms

FEBRUARY 25, 2019

A few decades ago, you couldn’t open a cannabis dispensary in any state without facing the wrath of the state laws. This is now a thing of the past in most states, thanks to the legalization of the sale and use of cannabis in these states. There are a lot of opportunities that have been brought by this legalization. The Capital.

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Cannabis Law Report

JANUARY 11, 2022

This ultimate guide on weed delivery services lets you find the convenient and closest weed delivery dispensary near you. That is gradually concluding as more and more pressure is put on provinces to legalize weed. We have curated top points to follow to find the closest weed delivery dispensary close to you. Here you go!

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SpeedWeed

JULY 13, 2021

At Leafly, we believe there’s a first time for everything, including your very first trip to a marijuana dispensary. We also know that a good first-time experience often boils down to expectations, and that many people want to know exactly what to expect before they even think about visiting a dispensary. . The bottom line?

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The Blunt Truth

MAY 21, 2020

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Senator Mitch McConnell (R-KY) criticized the cannabis banking provisions in the latest stimulus bill, while state Attorneys General wrote a letter supporting them. cannabis banking. massachusetts. nebraska.

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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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Veriheal

FEBRUARY 18, 2022

According to Tom Bout, founder of the Cannabis Professionals Network, over 30 Washington dispensary robberies have occurred since November 2021. He pointed out that this is a hugely under-appreciated issue in states like Colorado where cannabis is completely legal. “It Why are cannabis shops facing an uptick of robberies?

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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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The Blunt Truth

NOVEMBER 3, 2023

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. We note the new House Speaker’s opposition to marijuana legalization. JOHNSON New House Speaker Mike Johnson (R-LA) on the other hand, is not a supporter of cannabis legalization. We check in on the situation in Alabama.

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Cannabis Law Report

FEBRUARY 13, 2019

FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Despite 47 states plus DC permitting some form of marijuana, legal and legitimate businesses forced to operate in cash. I fear dispensary employees being at great risk. From Rep Heck’s Office. Feb 13, 2019 . Press Release. Washington, D.C. Ed Perlmutter (CO-07).

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Cannabis Law Report

JULY 6, 2022

Dafna Revah, co-founder and co-owner of cannabis dispensary CBD Kratom, had a lot of explaining to do when her bank referred her to a record keeper willing to provide her company with a 401(k) plan. ” None, she repeatedly explained, had Delta-9 THC, the cannabinoid that is illegal under federal law. ” Ms.

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Cannabis Law Report

AUGUST 4, 2019

A rather worrying report via Vice who report, “Dispensaries are adopting in-store surveillance systems to protect profits. This may sound like a scene from a sci-fi movie, but these tools are employed in cannabis dispensaries today. Experts warn it’s a ‘slippery slope’ to discrimination.”

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The Cannigma

MARCH 12, 2021

Listen & Subscribe: Very few medical cannabis advocates are against the full legalization of the plant for all adults. But sometimes one unintended consequence of adult-use legalization is that the market no longer caters to medical patients. What is the relationship between medical and recreational legalization?

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Cannabis Law Report

JANUARY 16, 2020

Looks like some of the budget is going to have to go to legal. High Times’ new CEO, Stormy Simon, wants to expand her business beyond its 46-year-old magazine into weed dispensaries. . Digiday reports. Cutler of EvansCutler Attorneys, which specializes in cannabis licensing in Massachusetts.

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The Blunt Truth

MARCH 18, 2021

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week’s news provides further proof of how difficult it can be to legalize marijuana. New York may be on the verge of legalizing, or it may not. Will the SAFE Banking Act finally have its day in the Senate?

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