Cannabis Law Report

JULY 1, 2022

Portland, OR. – Outdated federal barriers to banking services continue to severely impact the legal cannabis industry in Oregon and nationwide. Cannabis banking should be a priority,” stated OLCC Chair Paul Rosenbaum. The OLCC Press Release. Workers have been threatened at gunpoint, assaulted and tragically even killed.

Banking 52

Banking Business Access Safety 52

Cannabis Law Report

OCTOBER 26, 2019

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

Banking 45

Banking Safety Business History 45

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

Cannabis Law Report

JULY 22, 2019

On Tuesday July 23, the Senate Committee on Banking, Housing, and Urban Affairs will discuss the growing need to provide banking services to cannabis businesses. Credit Union National Association President and CEO Jim Nussle illustrated this point by stating, “[a]t its heart, cannabis banking is a public safety issue.

Banking 40

Banking Safety Business Cannabis 40

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

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

MARCH 5, 2020

State budget forecasters are banking on a robust kickoff, however, estimating $5 million in sales by the end of the month. Retail shops need state-issued conditional licenses. Shops go back to state for active licenses. State licenses health and safety testing labs. Says the Press Herald. The article adds.

Dispensary 59

Dispensary Safety Conditions Banking 59

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. His corporate practice focuses primarily in the areas of mergers and acquisitions, corporate finance, capital raising (debt and equity), and bank regulatory compliance.

Banking 40

Banking Law Compliance Compliance 40

Canna Law Blog

AUGUST 13, 2019

So many proposed leases reviewed by our California cannabis attorneys completely miss the fact that before a tenant can secure a state license they must first secure local authorization from their city or county under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”).

Banking 66

Banking Access Cultivation Cannabis 66

Cannabis Law Report

JULY 22, 2019

In a joint op-ed in Fox Business today, American Bankers Association President and CEO Rob Nichols and Credit Union National Association President and CEO Jim Nussle called on lawmakers to resolve the existing conflict between federal and state law with respect to proceeds from cannabis-related businesses.

Banking 40

Banking Safety Business Legislation 40

Cannabis Law Report

JULY 14, 2021

federal law, a Schedule I drug or substance has a high potential for abuse, no accepted medical use in the United States , and a lack of safety for the use of the drug under medical supervision. federal law. federal law, nor will it provide a defence to any federal proceeding which may be brought against the Company.

Research and Development 81

Research and Development Clinical Trials Events Treatment 81

The Blunt Truth

OCTOBER 29, 2019

As characterized by Congresswoman Schakowsky , the bill “will provide cosmetics safety that consumers and workers want and deserve; address the over-exposure to toxic chemicals that communities of color and professional salon workers experience every day; and hold companies accountable for the safety of ingredients in their products.”

Hemp 45

Hemp Legislation CBD Research and Development 45

The Blunt Truth

FEBRUARY 7, 2019

And while the Department of Justice has not prioritized prosecuting cases involving use that is legal under conflicting state laws, that could change virtually overnight, leaving the franchisor and franchisee not only in danger of losing their business, but their freedom as well. product safety regulations, and labeling restrictions.

Banking 49

Banking Strains Business Pets 49

Cannabis Law Report

DECEMBER 23, 2019

With the states, the feds, and the locals all making up their own rules for hemp and cannabis operations and prohibitions, the illicit market continued to thrive – creating financial hardships for licensed operators and a safety crisis for consumers. TOP Defining Moments in Los Angeles Cannabis.

Law 59

Law Banking Hemp Retail 59

Cannabis Law Report

FEBRUARY 4, 2019

Please contact your WSLCB Enforcement Officer if you have any questions about implementation and enforcement of this important public safety rule. Licenses may apply for a payment waiver if they are able to show good cause by demonstrating they are: In the process of getting a bank account. Have lost their bank. Payment Methods.

Topical 65

Topical Packaging Retail Legislation 65

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

The Joint Blog

DECEMBER 21, 2020

Federal and State Laws on Drug Test. Marijuana remains classified as a Schedule I drug and is prohibited under federal law. Additionally, the employer may also violate state and Occupational Safety and Health Administration (OHSA) safety laws and regulations. Productivity and Saving Money.

Marijuana 49

Marijuana Safety Environment Banking 49

Cannabis Law Report

MARCH 29, 2019

Prior to opening her own firm, she was appointed as Senior Policy Advisor at the Bureau of Medical Cannabis Regulation, where she developed regulations and negotiated with stakeholders regarding the implementation of the Medical Cannabis Regulation and Safety Act (MCRSA).

Law 45

Law Policy Programs Topical 45

Cannabis Law Report

APRIL 24, 2019

Let’s begin with the following: STATES Act Becomes Law. 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. See The Murky Part of the STATES Act: Tribal Rights ].

Legalization 58

Legalization Collective DEA Banking 58

Cannabis Law Report

SEPTEMBER 27, 2021

These may limit access to banks, and create significant burdens on company resources due to litigation, enforcement actions, receipt of necessary permits and authorizations to engage in medical cannabis research or to otherwise cultivate, possess or distribute cannabis.

Banking 40

Banking Access Safety Cannabis 40

The Herb Collective

APRIL 29, 2019

Edibles must be tightly dosed, extracts must be extremely pure and flower has to be clean in order to be legally sold in the state. While this does add more costs, it also ensures safety for users, which has to be a good thing. These ensure even better protection for users when buying cannabis products in the state.

Law 45

Law Marijuana Banking Packaging 45

Cannabis Law Report

SEPTEMBER 23, 2022

The SHIP Act, filed on September 14, 2022, seeks to also provide authority for “small cultivators of marijuana and small cultivators of marijuana products” to ship marijuana in the mail directly to consumers located in California or another state where the possession of marijuana or the marijuana product is lawful by that individual.

Law 52

Law Business Cannabis State Laws 52

Cannabis Law Report

AUGUST 31, 2022

Similarly, despite its relaxed regulation of marijuana, Colorado lawmakers recently banned Delta-8 citing safety concerns. In New York, the sale, purchase, distribution, and production of Delta-8 products are banned, while the state’s use and possession laws remain unclear. Whitt Steineker. Elizabeth R. Lizzie received her J.D.

THC 40

THC Hemp Banking Law 40

The Cannigma

MARCH 12, 2021

There are no payment systems, there’s no banking and cannabis. And in my belief, it should be cannabis, because of the safety profile, number one. And you’re seeing that with every other type of infrastructure that’s needed to support the medical cannabis industry. So, for example, payment systems.

Legalization 128

Legalization Patients Education Dispensary 128

Cannabis Law Report

DECEMBER 16, 2021

The CDC promoted a policy that prohibits employees from using marijuana while on the job but recognized that a zero-tolerance policy for marijuana use may not be possible, depending on the relevant state law. doing business as Silver State Cultivation, for allegedly failing to properly remit tax payments.

Retail 52

Retail Cannabinoids Policy Cultivation 52

Cannabis Law Report

MAY 2, 2019

The platform will help local governments that are regulating commercial cannabis activity by proving critical and actionable data to increase tax realization, enhance public safety and augment planning capabilities. Institutions must make sure cannabis businesses are not violating state laws or engaging in any other illegal activities.

Data 45

Data Compliance Compliance Business 45

Cannabis Law Report

NOVEMBER 14, 2019

We also discuss why advocates have a problem with the SAFE Banking Act, the impediments to wide-spread legalization and the best ways for companies to navigate regulations. The SAFE Banking Act that passed yesterday, what are your thoughts on all of that? So, I’ll use the SAFE Banking Act. Okay, of past records.

Digestion 49

Digestion Law Legislation Programs 49

Canna Law Blog

SEPTEMBER 6, 2020

In fact, there’s not even a gubernatorial budget trailer bill catch all this year, which normally would accomplish some major and much needed legal changes to and technical fixes to the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”). This Assembly Bill addresses cannabis banking on the state level.

Banking 83

Banking Pets Cultivation Legislation 83

Cannabis Law Report

DECEMBER 4, 2021

Passing the Secure and Fair Enforcement (SAFE) Banking Act through NDAA “would support a rapidly growing industry that creates jobs, supports small businesses, and raises revenue in states that have chosen to legalize cannabis, while reducing safety risks,” the letter goes on to say, .

Banking 52

Banking Safety Compliance Compliance 52

WeedAdvisor

SEPTEMBER 18, 2019

According to Forbes , one third of the Senate now supports the SAFE Banking Act, a bill that would provide dispensaries access to critical financial services. The fear of federal repercussions keeps major financial institutions for dealing with these businesses, despite their being compliant with state law. Skipping Ahead. .

Banking 45

Banking Dispensary Legislation State Laws 45

Canna Law Blog

MARCH 13, 2024

Financing: Because cannabis is still illegal at the federal level, most banks won’t provide loans to cannabis companies. Security: Due to its federal status, the cannabis industry is one of the few cash-only industries left in the United States. Checking your state’s Department of Health website is a good place to start.

Business 103

Business Supply Chain Edibles Dispensary 103

Cannabis Law Report

AUGUST 30, 2019

US Senator Mike Crapo (R-ID) , chairman of the Senate Committee on Banking, Housing and Urban Affairs, expressed interest in addressing banking issues facing cannabis businesses operating legally in their states. The SAFE Banking Act (H.R. The SAFE Banking Act (H.R.

Banking 45

Banking Research and Development Legislation Programs 45

SpeedWeed

JULY 17, 2021

Federal law enforcement would no longer be able to bust people for weed-related crimes, unless they were in violation of state law. Legal weed businesses would be able to open bank accounts, access loans, or list on the US stock market. Anyone wishing to comment can send an email to [email protected] by September 1.

Legalization 52

Legalization Collective Hash Legislation 52

Cannabis Law Report

DECEMBER 1, 2019

This conflict between federal and state law has raised concerns among CPAs providing services to the marijuana industry. States Legalizing Marijuana. Barr also noted that Congress needs to make a decision as to whether federal law should be changed or followed. 15, 2019, [link] ).

Marijuana 59

Marijuana Business State Laws DEA 59

Above The Law - Cannabis

JANUARY 22, 2018

With the beginning of California cannabis licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA), there has been a lot of confusion and hearsay regarding how the new system will operate. Local approval is pretty much everything when it comes to getting a state license.

Marijuana 52

Marijuana Collective Packaging Events 52

Marijuana Lawyer Blog

APRIL 15, 2019

Attorney General said he’d favor a new bill protecting cannabis businesses and users from federal prosecution as long as they were in compliance with federal law. This measure has broad bipartisan support, as does another that would shield banks doing business with these companies from federal money laundering charges.

Policy 45

Policy Banking Programs History 45

Above The Law - Cannabis

AUGUST 21, 2017

215 “collectives” want to start for-profit companies to pursue licensure under the Medicinal and Adult Use Cannabis Regulation and Safety Act (“ MAUCRSA “) and/or merge their collective into a for-profit entity for the same reason. All of this is coming to light now because many Prop.

Business 52

Business Legalization Collective Medicine 52