The Blunt Truth

SEPTEMBER 10, 2019

Citing growth in hemp-related commerce, the NCUA emphasized the need for credit unions to understand the gamut of regulation across jurisdictions in order to lend lawfully to hemp-related businesses. First , as of December 20, 2018, hemp is no longer designated as a federally controlled substance.

Hemp 78

Hemp Business Compliance Compliance 78

Canna Law Blog

AUGUST 23, 2019

Commercial marijuana activity remains a federal crime, and the Bank Secrecy Act (“BSA”) generally prohibits financial institutions from accepting marijuana-generated dollars. Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law.

Hemp 86

Hemp Business Cultivation Banking 86

NORML

MAY 24, 2019

Click here to email your lawmakers in support of banking access. House Bill 491 would regulate industrial hemp production as well as allow the production and retail sale of hemp-derived CBD products. Click here to email your lawmakers in support of regulating hemp and CBD. CA resident? LA resident? LA resident?

Legislation 193

Legislation Hemp Access Patients 193

Canna Law Blog

MAY 14, 2019

Banking , intellectual property , food and beverage (and cosmetics ), international trade , domestic trade , state laws , ag production contracts , etc., When it comes to industrial hemp, the 2018 Farm Bill upended all of these things. hemp companies? hemp-co listing. hemp-co listing.

Hemp 88

Hemp CBD Policy Banking 88

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. Activists in Oregon have filed a 2020 ballot initiative with the Secretary of State that, if approved, would allow social cannabis consumption sites and protect consumers from employment discrimination.

Legislation 166

Legislation Hemp Patients Compliance 166

NORML

MAY 17, 2019

Governor Jay Inslee (D) of Washington signed legislation into law to allow individuals with prior low-level cannabis convictions to apply to the sentencing court to have their record vacated. Governor Kevin Stitt (R) of Oklahoma signed legislation into law to permit the retail sale of hemp and hemp-derived CBD products.

Legislation 166

Legislation Hemp Compliance Compliance 166

NORML

APRIL 26, 2019

Maine regulators are finally moving forward with draft regulations to implement the state’s 2016 voter-approved initiative legalizing the commercial production and retail sale of marijuana. Click here to email your lawmakers in support of industrial hemp production. Click here to email your lawmakers in support of banking access.

Legislation 179

Legislation Compliance Compliance Hemp 179

NORML

APRIL 20, 2019

At the state level, Governor Brian Kemp (R) signed legislation into law to facilitate regulations governing the licensed production and distribution of oils and other products containing limited amounts of plant-derived THC. Governor Laura Kelly (D) of Kansas signed industrial hemp production legislation into law.

Legislation 185

Legislation Decriminalization Hemp Compliance 185

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.

Banking 40

Banking Hemp Marijuana Events 40

The Blunt Truth

JULY 30, 2019

Industry expert panels discussed market trends, private equity, venture capital, family offices, and banking, as well as commercial real estate, which I had the opportunity to moderate. Banking – here, too, experts caution that there won’t be advancements until the feds legalize.

Banking 78

Banking Hemp Cannabis Business 78

NORML

MAY 31, 2019

Legislation is pending, Senate Bill 225, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. Click here to email your governor in support of industrial hemp production. Click here to email your lawmakers in support of banking access. AL resident?

Legislation 123

Legislation Banking Access Hemp 123

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. JD Supra Release. Background. The Joint Statement.

Hemp 59

Hemp Business Banking Agriculture 59

Greenspoon Marder Cannabis Law Group Blog

SEPTEMBER 25, 2019

House of Representatives is expected to vote on the Secure and Fair Enforcement Banking Act of 2019 (the “SAFE Banking Act”) today. In light of these concerns, most banks have denied cannabis-related businesses access to bank accounts and other financial services.

Banking 40

Banking Hemp Safety Business 40

Cannabis Law Report

FEBRUARY 14, 2020

Mike Crapo urging him to support the SAFE Banking Act and hold a markup in the Senate Banking Committee. . The House of Representatives passed the SAFE Banking Act by a vote of 321-103 in September, with 91 Republicans voting in favor. We are a bipartisan group, with operations spread across the United States.

Banking 45

Banking Safety Environment Business 45

NORML

JUNE 28, 2019

Governor Chris Sununu (R) of New Hampshire signed legislation into law allowing physicians assistants to recommend medical cannabis to their patients. Governors Ron DeSantis (R) of Florida signed industrial hemp production legislation into law. New Mexico’s new decriminalization law takes effect this coming Monday July 1.

Legislation 117

Legislation Access Decriminalization Patients 117

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

Cannabis Law Report

SEPTEMBER 10, 2019

Citing growth in hemp-related commerce, the NCUA emphasized the need for credit unions to understand the gamut of regulation across jurisdictions in order to lend lawfully to hemp-related businesses. First , as of December 20, 2018, hemp is no longer designated as a federally controlled substance.

Hemp 45

Hemp Business Compliance Compliance 45

Cannabis Law Report

SEPTEMBER 24, 2019

As early as September 23, 2019, the United States House of Representatives is expected to vote on the widely anticipated Secure and Fair Enforcement (SAFE) Banking Act. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

Banking 40

Banking Law Compliance Compliance 40

Cannabis Law Report

AUGUST 26, 2019

Yet the possession, distribution or sale of marijuana remains illegal under federal law, which means any contact with money that can be traced back to state marijuana operations could be considered money laundering and expose a bank to significant legal, operational and regulatory risk. End the Cannabis Banking Problem.

Banking 59

Banking Cannabis Events Law 59

The Blunt Truth

OCTOBER 29, 2019

Plus, the USDA just issued an interim rule for hemp production. USDA Issues Proposed Rule for Hemp Production. The 2018 Farm Bill, which federally legalized hemp (formerly a Schedule I drug like its close cousin, marijuana), opened the gates for mass hemp production—well, almost. those with THC levels above 0.3%).

Hemp 45

Hemp Legislation CBD Research and Development 45

Cannabis Law Report

MAY 25, 2019

When the President signed the 2018 Farm Bill in December, which legalized industrial hemp for all intents and purposes, the federal government permanently removed industrial hemp from the Controlled Substances Act (CSA), resolving any lingering doubts. As such, it is critical that people understand that hemp is not marijuana.

Hemp 40

Hemp Law Legalization State Laws 40

Cannabis Law Report

SEPTEMBER 23, 2019

The Charles Gazette-Mail report… State Treasurer John Perdue is hiring an attorney to assist with his office’s handling of banking services for West Virginia’s medical cannabis program, a show of escalating tension with the district’s federal prosecutor. He brought civil action against hemp farms. However, the U.S.

Programs 55

Programs Banking Business Law 55

Cannabis Law Report

FEBRUARY 5, 2019

Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Party leaders are also laying the groundwork to vote on a marijuana banking bill soon, Marijuana Moment has learned. Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking. Mississippi lawmakers reject move to let farmers grow hemp.

Digestion 53

Digestion Banking Hemp Retail 53

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. Meanwhile, the state was experiencing a severe bottleneck in its own licensing process. July 2019 – Hemp Cultivation Registration. .

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

AUGUST 24, 2019

From banking reform to labeling, state legislators are set to mull over at least five bills directly impacting the $2.5 Secure and Fair Enforcement (SAFE) Banking Act, which would shield banks from federal prosecution as long as the cannabis businesses that they serve are compliant with the state laws where they operate.

Banking 45

Banking Supply Chain Food Business 45

Cannabis Law Report

NOVEMBER 6, 2021

Before opening a cannabis practice area, it is important to understand the differences between the products that are derived from the cannabis plant family — marijuana and hemp. In the United States, the level of THC defines the difference between agricultural grade hemp and marijuana, Velazquez said. “In 2018, the U.S.

Banking 52

Banking THC Hemp Cannabis 52

Cannabis Law Report

MARCH 28, 2019

Florida Ag Committee Advances Industrial Hemp Bill. Iowa House passes bill making some changes to medical cannabis law. Under state law , marijuana possession offenses involving over 42.5 Texas Set to Remove Hemp From State List of Controlled Substances. CONNECTICUT. Guam Becomes First U.S. WEST VIRGINIA.

Digestion 49

Digestion Policy State Laws Decriminalization 49

Cannabis Law Report

AUGUST 24, 2019

BANKING: The growth? The Republican-controlled US Senate hosted a hearing on cannabis banking on July 23, 2019. In Who’s Now Lobbying on the SAFE Banking Act? Financial institutions, even in states where cannabis is legal, are usually hesitant to serve cannabis businesses while cannabis remains illegal at the federal level.”

Banking 49

Banking Marijuana Media Patients 49

The Blunt Truth

OCTOBER 22, 2019

residing abroad hoping to get an E-2 or EB-5 investor visa who wants to invest in and start a business even only remotely involved in the weed trade (other than agricultural hemp [per new § 297A Agricultural Marketing Act of 1946, 7 U.S.C. practicing law in the U.S. 1200 , The SAFE Banking Act, awaits a vote. 1621 et seq.,

DEA 51

DEA Banking Agriculture Law 51

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

Banking 40

Banking Hemp Legislation Packaging 40

SpeedWeed

JUNE 14, 2021

The Secure and Fair Enforcement in (SAFE) Banking Act. The SAFE Banking Act is a more incremental reform step that would allow cannabis businesses access to the same kind of banking products available for other businesses, including credit and insurance. The Hemp Access and Consumer Safety Act. Ed Perlmutter (D-CO).

Legislation 40

Legislation Banking Hemp Packaging 40

Cannabis Law Report

AUGUST 31, 2022

The point of this post is not to advocate that Delta-8 THC and the like be made illegal or even that Delta-8 THC be more liberalized; rather, the point is that the hemp industry and hemp customers need more certainty about Delta-8 THC and similar products. What Is Delta-8 THC? Legal Status of Delta-8 THC. Whitt Steineker. Elizabeth R.

THC 40

THC Hemp Banking Law 40

Cannabis Law Report

JUNE 15, 2022

In addition, the licensees must execute a management agreement with a third-party operator to manage and operate the remaining facilities that the department will continue to permit in compliance with state law. The RSF assessment tool is designed to help OCC and a bank determine customer type for large risk analysis.

Business 52

Business Marijuana Safety Banking 52

Cannabis Law Report

OCTOBER 22, 2019

residing abroad hoping to get an E-2 or EB-5 investor visa who wants to invest in and start a business even only remotely involved in the weed trade (other than agricultural hemp [per new § 297A Agricultural Marketing Act of 1946, 7 U.S.C. such as bhang, ganga, charras, Indian hemp, dagga, hashish, and cannabis resin. 1621 et seq.,

DEA 40

DEA Banking Agriculture Supply Chain 40

Cannabis Law Report

MAY 11, 2022

. “The order requires that defendant not use marijuana and ‘not violate federal, state, or local law,'” according to Nivison’s order. Count Five: Bank Fraud (18 U.S.C. Count Six: Bank Fraud (18 U.S.C. Count Seven: Bank Fraud (18 U.S.C. Attorney Darcie McElwee and U.S. Lucas Sirois.

Banking 52

Banking Conditions Law Marijuana 52

Cannabis Law Report

JUNE 26, 2022

Hemp, which also contains THC but at lower levels, was previously included on the list of controlled substances. 14 The Farm Bill removed low-THC hemp, which contains 0.3% Colleges offering these programs would also be required to comply with any state laws regulating the use of hemp.

Research and Development 52

Research and Development Education Programs Policy 52

SpeedWeed

MARCH 7, 2021

We also speak with Bill Owens and Todd Mock from Samson Extracts , a hemp extraction company located in Southeast Alabama. Announcer: This is the Cannacurio podcast by Cannabiz Media, your source for cannabis and hemp license updates directly from the data vault. We purchase all of our hemp from a related farm and then process it here.

Extraction 52

Extraction Hemp Data Media 52