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. .

Banking 53

Banking Dispensary Safety Seed-To-Sale 53

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.

Banking 98

Banking Dispensary Recreational Cannabis 98

Veriheal

OCTOBER 12, 2020

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.

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Dispensary Safety Banking Business 98

The Blunt Truth

MAY 28, 2020

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.

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Banking Decriminalization Recreational Hemp 99

Cannabis Law Report

FEBRUARY 13, 2019

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 .

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Banking Packaging Safety Business 61

NORML

MARCH 29, 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.

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Legislation Decriminalization Hemp Patients 180

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. Thursday, June 17, 2021. Washington, D.C. Oregon’s U.S. Senator Jeff Merkley and U.S.

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Banking Legislation Safety Dispensary 51

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. IA resident?

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Legislation Patients Access Seed-To-Sale 183

Illinois News Joint

DECEMBER 17, 2024

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.

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The Blunt Truth

APRIL 23, 2020

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.

Banking 101

Banking Packaging Programs Legislation 101

Cannabis Law Report

MARCH 5, 2020

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.

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Dispensary Safety Conditions Banking 59

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. Allows licensed dispensaries to sell edible cannabis and cannabidiol products. This was a big week for marijuana in Congress.

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Legislation Hemp Compliance Compliance 178

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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Banking Hemp Marijuana Events 40

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. 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.

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Legislation Hemp Patients Compliance 149

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.

Banking 40

Banking Marijuana Safety Dispensary 40

Cannabis Law Report

NOVEMBER 15, 2021

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.

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Compliance Compliance Programs Topical 98

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. .

Banking 40

Banking Cannabis Business Safety 40

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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Dispensary Edibles Strains Vaping 52

Cannabis Law Report

SEPTEMBER 24, 2019

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.

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Programs Banking Marijuana Access 59

NORML

FEBRUARY 1, 2019

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?

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Legislation Decriminalization Access Patients 180

Veriheal

AUGUST 3, 2021

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

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Legislation Patients Supply Chain Dispensary 98

Illinois News Joint

AUGUST 30, 2024

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.

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Events Dispensary Banking Safety 59

Cannabis Law Report

MAY 25, 2022

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.

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Business Law Banking Dispensary 52

The Cannigma

MARCH 12, 2021

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.

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Legalization Patients Education Dispensary 128

Cannabis Law Report

SEPTEMBER 28, 2021

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.

Banking 52

Banking Research and Development Retail Compliance 52

Cannabis Law Report

JANUARY 10, 2020

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.

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Banking Marijuana Collective Recreational 45

MMJ Recs

MARCH 16, 2024

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.

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Supply Chain Research and Development Marijuana Seed-To-Sale 105

MMJ Recs

JANUARY 27, 2020

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.

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Marijuana Seed-To-Sale Banking Conditions 52

Cannabis Law Report

MAY 11, 2022

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.

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Dispensary Decriminalization Banking Law 52

CannaMD

APRIL 15, 2020

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.

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Policy Patients Dispensary Banking 55

MMJ Recs

MAY 5, 2024

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.

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Law Marijuana Cultivation Patients 52

The Blunt Truth

JANUARY 24, 2019

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.

Environment 40

Environment Banking Safety Dispensary 40

SpeedWeed

JULY 28, 2021

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.

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Media Seed-To-Sale Education Extraction 52

Cannabis Law Report

JUNE 15, 2022

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.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

APRIL 24, 2019

The STATES Act passes in Congress, the President signs it and it becomes law which means that in the states where cannabis is legal : Banking system becomes available to cannabis businesses. Let’s begin with the following: STATES Act Becomes Law. This result is dependent on the mark-up and amendments.].

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Legalization Collective DEA Banking 58

Veriheal

SEPTEMBER 5, 2022

Some stakeholders argue that the changes made through HB 30 will only result in strengthening the stranglehold of Virginia’s unregulated cannabis market, which puts minors and consumer safety at risk. Many of these same stakeholders attribute the step backward to newly instated Gov. Glenn Youngkin (R). ” Gov.

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Programs Safety Cannabis Legislation 52

The Herb Collective

APRIL 29, 2019

While this does add more costs, it also ensures safety for users, which has to be a good thing. A Cash-Only Industry The final California cannabis regulations still haven’t fixed the banking problem. Of course, dispensaries are still required to check identification to ensure that consumers are aged over 21.

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Law Marijuana Banking Packaging 45