Remove Banking Remove Extraction Remove Programs
article thumbnail

Nation’s First Industrial Hemp Seed Bank Planned for New York

Greenspoon Marder Cannabis Law Group Blog

industrial hemp germplasm repository, or seed bank, was recently announced by New York State Senator Charles Schumer. An initial investment of $500,000 in federal funding will be used to commence the brand new and nation’s only industrial hemp seed bank, which will be located in Geneva, the Finger Lakes Region of New York.

Banking 53
article thumbnail

Weekly Legislative Roundup 2/22

NORML

The bill clarifies that products made from the resin of the cannabis plant are legal for medical purposes under state law, including extracts, concentrates, oils, tinctures, and edible products, amongst others. Click here to email your lawmakers in support of banking access. IL resident? The bill was already approved by the full House.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Do Banks Require for CBD Websites?

Cannabis Law Report

While these products are no longer illegal (notably a different definition than “legal”), most banks have been hesitant to jump in, citing the lack of framework from the compound’s new agencies of oversight: the USDA and the FDA. As a result, banks often require a website that sells CBD to meet several criteria to satisfy their guidelines.

Banking 51
article thumbnail

Will hemp taint your banking relationship?  

Cannabis Law Report

Will hemp taint your banking relationship? . Many have setup legal entities and registered under their states’ regulatory programs as permitted growers but have hit a hurdle that most new businesses hop right over: opening a bank account. . PUBLISHER: CANNABIS LAW REPORT. THC when it is harvested and tested? .

Banking 45
article thumbnail

2021 Last Minute Father’s Day Gift Guide

Cannabis Law Report

Each gummy is packed with 10mg of CV Sciences’ award-winning full spectrum hemp extract CBD, L-Theanine and 5-HTP for positive mood support and mental relaxation without feeling impaired. . It’s infused with arnica extract, which has been said to treat everything from inflammation, bruising and swelling to sprains and severe muscle tension.

Sleep 102
article thumbnail

Weekly Legislative Roundup 4/20/19

NORML

Senate Bill 34, which would exempt compassionate care programs from paying state cannabis taxes when they are providing free medical cannabis to financially disadvantaged people living with serious health conditions. Click here to email your lawmakers in support of compassionate care programs. CA resident? CA resident? CA resident?

article thumbnail

Cannacurio Podcast Episode 23 with Bill Owens and Todd Mock of Samson Extracts

SpeedWeed

We also speak with Bill Owens and Todd Mock from Samson Extracts , a hemp extraction company located in Southeast Alabama. Today, we’re to be joined by Bill Owens and Todd Mock of Samson Extracts. Samson Extracts is an Alabama-based hemp license holder that is also a Cannabiz Media subscriber. How are you guys?