This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
“In this era of tremendous uncertainty, it is crucial that policymakers use every tool in their toolkit to promote public health and safety. By implementing these common-sense reforms, we can ensure a safer environment for those who work in this essential industry and those who they provide for,” said NORML’s Strekal.
Green Rose opened its third dispensary in the Chicago area Saturday, Aug. Green Rose Harwood Heights has a ready-to-go drive-thru window and will be prepared to become one of the first dispensaries to offer a drive-thru service as soon as Illinois changes the law to allow for it. For Dispensary Spotlight Features, visit here.
States that have legalized the use of medical marijuana have seen lower rates of opioid abuse and mortality, and that it does not negatively impact workplace safety, teen use, or motor vehicle safety. Job Creation.
House Bill 1359 would create a 5 year medical marijuana pilot program, allowing patients to access their medicine from licensed dispensaries. LD 1621 / SP 518 would allow licensed dispensaries to home deliver adult use cannabis to consumers 21 and older, only in jurisdictions that allow delivery services to operate. IN resident?
Senator Mitch McConnell (R-KY) criticized the cannabis banking provisions in the latest stimulus bill, while state Attorneys General wrote a letter supporting them. As everyone knows, when COVID-19 hit, Massachusetts allowed medical dispensaries to remain open. cannabis banking. And finally, you can now buy hemp at Petsmart.
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. The session ends on March 10.
According to Tom Bout, founder of the Cannabis Professionals Network, over 30 Washington dispensary robberies have occurred since November 2021. In the meantime, the state’s Liquor and Cannabis Board is communicating the following safety tips with cannabis retailers : Hire armed security guards. Ed Perlmutter?
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. .
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.
In federal news, the marijuana banking provisions in the latest relief bill may not be dead on arrival. As we all know, the state allowed medical marijuana dispensaries to remain open during the pandemic, but recreational shops were forced to close. Oklahoma is having some medical marijuana issues. Virginia decriminalized marijuana.
The industry is saturated with regulations and restrictions, many of which lead to significant security risks such as having large sums of cash on site of dispensaries due to the lack of banking access within the industry. However, this isn’t the route they have taken to victimize dispensary employees and owners in most cases.
FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Today the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions held the first-ever congressional hearing on the issue of cannabis banking. . To continue to do nothing to protect public safety would be negligence.”. Feb 13, 2019 .
House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.
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. IA resident?
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. Thursday, June 17, 2021. Washington, D.C. Oregon’s U.S. Senator Jeff Merkley and U.S.
House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. Update : HB 1383 was heard and approved by the Committees on Judiciary and Public Safety, Intergovernmental, and Military Affairs on 3/19. Click here to email your lawmakers in support of banking access.
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. Allows licensed dispensaries to sell edible cannabis and cannabidiol products. This was a big week for marijuana in Congress.
Earl Blumenauer (D-OR) and Ed Perlmutter (D-CO) just introduced the Emergency Cannabis Small Business Health and Safety Act in the House of Representatives. marijuana banking. Ed Perlmutter (D-CO) is optimistic that cannabis banking could make its way into one of the next two relief packages. See text of bill here.
State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. State licenses health and safety testing labs. Says the Press Herald. The article adds. Maine is planning to have its first recreational marijuana shops open in June, three months later than expected.
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.
In the absence of federal banking standards for the cannabis industry, the Illinois Department of Commerce and Economic Opportunity (DCEO) has grant and loan programs to support small businesses, but its not sufficient to support needed growth. EXPANDING ACCESS Too many consumers do not have easy access to legal cannabis dispensaries.
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.
Vice-President Michele Nakata, Supervisor of the Medical Cannabis Dispensary Licensing Program at the Hawaii Department of Health. Lab Testing and Product Safety. Banking, Finance, and Taxation. Impaired Driving and Traffic Safety. Social and Economic Equity. Medical Use and Research. Public Health and Data Monitoring.
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. .
Click here to email your lawmakers in support of banking access. Update : The Criminal Justice and Public Safety Committee is holding a public hearing on HB 481 on 2/05/19 at 1:00pm, Reps Hall. Under existing law, only a handful of licensed dispensaries are permitted in the state. CA resident? NH resident?
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.
AG Racine Leads Bipartisan Coalition of 21 States In Urging Congress To Pass Cannabis Banking Bill. The STATES Act Would Increase Public Safety by Allowing Cannabis-Related Businesses to Access the Banking System without Fear of Prosecution. September 23, 2019. WASHINGTON, D.C. – Attorney General Karl A.
Mainly, the measure protects patient safety and amplifies product quality requirements, all the while entrusting the state’s Medical Marijuana Advisory Board to consider broadening the program’s list of qualifying medical conditions. What’s more, sales between dispensaries and patients accumulated $1.7
Green Rose Harwood Heights is Green Rose’s third Chicago-area dispensary. “It The Harwood Heights dispensary is open seven days a week from 9 a.m.-10 Unlike the large multi-state operators who own most of the dispensaries in the Chicago suburbs, Green Rose does not have its own wholesale products to promote and sell.
To learn more about medical marijuana treatment center (MMTC) delivery services, please see: Florida Dispensaries: COVID-19 Policies. For updates on all current Florida dispensary policies, see: Dispenary COVID-19 FAQs. Note: Florida dispensaries also offer home delivery and curbside pickup options.
There’s been a string of robberies affecting Washington State cannabis dispensaries, culminating in three deaths over just four days in March. As if it weren’t hard enough to find good help right now, cannabis dispensaries are looking at paying hazard wages after one cannabis store employee was killed during a recent armed robbery.
Shareholders whose 48North Shares are registered in the name of a broker, dealer, bank, trust company or other nominee should contact their nominee regarding the receipt of the consideration. The post Massachusetts Adult-Use Cannabis Sales Top $2 Billion Since Dispensaries Launched in 2018 appeared first on SpeedWeed.
A lot of the adult use, legalization has built upon the medical dispensary infrastructure, logistical infrastructure, the inspections and laboratory requirements in some states, and I imagine that also the political power of massive industries plays a role in pushing for further advancement. So, for example, payment systems.
Due to federal restrictions that prohibit banks from providing services to legal cannabis companies, cash and cashless ATM are the only payment options for cannabis consumers and merchants, making the process inconvenient, unreliable and dangerous.
xxi Employees with support occupational licenses typically represent entry-level staff marijuana positions, most commonly budtenders within dispensaries, while key occupational licenses are required for individuals who work in operational or managerial positions. xxxvii Colorado Division of Criminal Justice, Department of Public Safety.
Check the local dispensaries and delivery services in the first place. Moreover, buying online enables you to stock up discreetly and conveniently, even without setting your foot in a dispensary. Be prepared to validate your age with a government-issued ID at the dispensary because underage purchases are subject to hefty penalties.
This means that there are no caps on the number of business licenses that can be awarded to dispensaries. Municipalities are also prohibited from enacting zoning restrictions, so it’s difficult to actually prevent dispensaries from opening in certain areas.
The First Circuit gave strong indications Thursday that it would strike down a Maine law that says only in-state residents can own for-profit medical marijuana dispensaries. The 2018 Maine law says that officers and directors of for-profit medical dispensaries must live in the state. Courthouse News Service reports. So it filed suit.
California Medical Marijuana Legislation Explained The current regulatory framework for medical marijuana in California is primarily governed by the Medical Cannabis Regulation and Safety Act (MCRSA) and the Adult Use of Marijuana Act (AUMA), also known as Proposition 64. However, selling marijuana without a license remains illegal.
The establishment of cultivation, processing, and dispensary facilities creates a diverse array of employment opportunities, spanning from agricultural roles to retail positions. Regulations vary significantly by jurisdiction but typically encompass licensing requirements, product safety standards, and distribution protocols.
They have finally issued the first dispensary licenses and cultivation sites are now all under construction. Turning our attention to the Caribbean , Puerto Rico marijuana businesses are now without a banking option. Not chump change by anyone’s standards. Meanwhile, in the U.S. Virgin Islands, medical marijuana is now legal.
Cannabis dispensaries are where it will start, but we expect to see cannabis roll out in a number of other franchised businesses as well, whether in retail (accessories, core products, ancillary products such as cosmetics and body rubs), or in restaurants , home health care , and pet care , for starters. are new hybrid strains patentable?),
The Changing Expectations of Dispensary Consumers. Life after SAFE Banking – Unlocking Payments, Lending, and Other Financial Services for Your Cannabis Business. It’s Complicated: Workplace Safety in Cannabis. Pre-Roll Industry Trends and Insights. Business / Legal and Finance. Financing Your Cannabis Business. until 5:00 p.m.
The alleged violations involve “pervasive irregularities” that prevented regulators from evaluating whether products from the licensees’ cultivation facilities were properly tested for quality and safety, security camera outages that were not reported to regulators, and improper use of pesticides on their products.
We organize all of the trending information in your field so you don't have to. Join 14,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content