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Per the release distributed by Senator Wyden : Wyden and Blumenauer’s State Cannabis Commerce Act would make these existing protections permanent and expand them to include all cannabis producers and consumers in compliance with statelaw. and tribal communities.
House of Representatives just voted to restrict the Department of Justice from interfering with the states that have legalized adult-use marijuana. New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. CA resident? DE resident? Legislation is pending, S.
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. The NCUA instead stressed the need for robust compliance systems to detect unusual suspicious activities warranting such filings.
This Act amends the Controlled Substances Act to reduce the number of instances in which federal law enforcement agencies could carry out legal actions against state-licensed cannabis businesses or other related enterprises. Update : HB 19-1230 was approved by the House Committee on Business Affairs & Labor on 4/2/19.
Regulatory compliance (past and present) is difficult to confirm. The cultivation, manufacturing, distribution, and sale of cannabis products is regulated by state and local law, yet the rules and regulations governing those activities can vary significantly depending on the jurisdiction and in many cases remain works in process.
There are five important “categories,” that require company leaders’ utmost focus and attention as they launch a compliant cannabis business in a newly legal state. Non-compliant businesses face the risk of being shut down and attract negative attention to the cannabis industry. One commonality among all states is cost.
Given the current COVID-19 pandemic, the NORML team is working remotely in compliance with CDC guidelines. However, the work of reforming our nation’s failed marijuana laws is not suspended therefore we’re still updating you policy efforts across the country. AK resident? California.
One of those five debtors leased property to a company that used the land to grow cannabis in compliance with Washington statelaw. After filing for bankruptcy, the debtor-landlord continued to accept rent from the cannabis business. This argument historically has prevailed. The Ninth Circuit didn’t agree with the U.S.
Update : AB 286 is scheduled for a hearing in the Assembly Business And Professions Committee on 4/23/19. 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. CA resident?
Legislation is pending, House Bill 2149, to amend the definition of “cannabis” under the 2010 voter-approved medical marijuana law. Senate Bill 1003 / House Bill 2273 to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations. AZ resident? Connecticut.
Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with statelaw. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.
Legislation is pending, House Bill 19-1234, to allow licensed marijuana businesses to deliver both medical and adult use marijuana to private residences. Under statelaw, adults face civil penalties for minor marijuana possession offenses. CO resident? Click here to email your lawmakers in support of social consumption sites.
Under existing statelaw, medical cannabis oil may contain no more than five percent THC, greatly restricting its therapeutic potential and medical efficacy. The measure would require the Department of Health and Senior Services to prioritize licensing applications submitted by women and minority owned business applicants.
Fighting Investment Fraud in the Marijuana Business Industry. with defrauding investors about returns in cannabis businesses after Greenview used misleading marketing materials to raise over $3 million from investors. This is not the first SEC effort against investor fraud in the marijuana business industry.
1 deadline to train managers and employees under a new compliance and safety program that is the first of its kind in the nation. The state’s Responsible Vendor Training Program is designed to support licensee compliance and enhance the safety of customers and employees. Seed-to-sale tracking compliance. 16 and Dec.
Operational compliance has become paramount to the success of many cannabis businesses following new state regulations that went into effect earlier this year. For others, non-compliance has been a great downfall. As a result, cannabis regulations vary between states. MARGOLIN & LAWRENCE APRIL 30, 2019.
Legislation is pending, Senate Bill 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. This measure prohibits employers from arbitrarily discriminating against prospective employees who legally consume cannabis off-the-job in accordance with statelaw. CA resident?
The California State Bar Ethics Committee recently adopted Opinion No. 2020-202, which concludes that attorneys may ethically advise clients regarding compliance with California’s cannabis laws and assist them with conduct permitted under statelaw, despite the fact that the client’s conduct may be prohibited under federal law.
Senate Bill 34 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. Update : SB 34 is scheduled for a hearing in the Senate Committee on Business, Professions, and Economic Development on 4/1/2019.
This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. The position requires expertise with state government complaints and compliance systems necessary for regulatory compliance oversight of a controlled substance.
DHC is pleased to announce a new Cannabis Practice Group to help cannabis retail, growers, distributors, processors, and investors navigate the new regulations associated with the law in ways that safeguard both public safety and business enterprise. Corporate Law: Corporate Formatting and Governance. Lobbying services.
But thanks to separate law regarding special exemptions on Native American land, the Las Vegas Paiute Tribe can open its own tasting room starting October 5 th. According to Leafly , the business’ owner saw a serious gap that needed to be addressed regarding a place for safe, legal cannabis consumption. Impact on Tourism. .
Legislation is pending, Senate Bill 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. LD 991 also seeks to expunge the records of those convicted of marijuana related offenses that are no longer defined as criminal under statelaw. CA resident? ME resident? MO resident?
Legislation is pending, House Bill 19-1234, to allow licensed marijuana businesses to deliver both medical and adult use marijuana to private residences. Legislation is pending, Senate Bill 19-220, to amend the state’s existing industrial hemp law to be in compliance with the new federal hemp regulations.
Additionally, Representatives Charlie Crist (D-FL) and Don Young (R-AK) introduced The Fairness in Federal Drug Testing Under StateLaws Act to explicitly bar federal agencies from discriminating against workers solely because of their status as a cannabis consumer, or due to testing positive for marijuana use on a workplace drug test.
House of Representatives has for the first time included limited protections for cannabis businesses engaged in the legal marketplaces in 33 states. Update : SB 34 is scheduled for a hearing in the Assembly Business And Professions Committee on 6/11/2019 at 9:30am in the State Capitol, room 4202. CA resident? Update : S.
San Diego’s Cannabis Business Division received a $764,261 grant from the California Department of Cannabis Control , intended to develop tools to help businesses comply with local and statelaws, it was announced Monday. Procure equipment and software to inspect, track and actively regulate licensed businesses.
The Oregon Psilocybin Services – Training program, Licensing, and Compliance system is a now LIVE! Dear Partners, The Oregon Psilocybin Services (OPS) – Training program, Licensing, and Compliance (TLC) system is now LIVE! Under statelaw, career schools must be licensed by the HECC (see ORS 345.010 to 345.450).
. – Today, Congressman Earl Blumenauer, founder and co-chair of the Congressional Cannabis Caucus, introduced the Small Business Tax Equity Act which creates an exception to Internal Revenue Code Section 280E to allow marijuana businesses operating in compliance with statelaw to take deductions associated with the sale of marijuana like any […] (..)
Although 18 states have fully legalized, cannabis is still a sticky issue for banks and other financial institutions because it remains illegal at the federal level. The cannabis industry might look like just another business for local police, where legal, but the DEA and other federal agencies have a different outlook.
This tension between federal and statelaws directly impacts attorneys with clients in or interested in entering state-authorized marijuana business activities,” according to the report, submitted by the association’s Tort Trial and Insurance Practice Section. And yet it still remains illegal at the federal level.
Under statelaw, adults face civil penalties for minor marijuana possession offenses. The measure would protect registered medical cannabis patients from employment discrimination by prohibiting employers from arbitrarily discriminating against employees who legally consume medical cannabis off-the-job in accordance with statelaw.
is a billion-dollar industry, but high overhead and the complex requirements to stay compliant with statelaws and regulations make it hard for small business owners to succeed. For example, one of the easiest compliance mistakes a dispensary employee can make is improperly storing cannabis. Legal cannabis in the U.S.
This guide aims to provide an in-depth exploration of medical marijuana laws in the USA, offering insights into the regulations, the legal status of medical marijuana, the differences between federal and statelaws, patient rights, dispensary regulations, and much more.
Because they are held to consistent standards and must prove compliance with these standards, companies which obtain GMP certifications can often present stronger acquisition targets. Kim Stuck is the founder and CEO of Allay Consulting , a compliance strategy and services provider serving the hemp and cannabis industries nationwide.
For starters, this case clarifies that the federal government can neither force the states to enforce federal marijuana policy, nor can they prohibit the states from implementing or revising their own marijuana policies. Murphy holds that state-law repeals are not pre-emptible.
It’s no secret that California’s illicit cannabis market is alive and well; a recent audit showed that there are nearly 3,000 unlawful cannabis businesses in the Golden State. The penalties that the state can seek are no joke. Anyone can do this math.
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. This measure prohibits employers from arbitrarily discriminating against prospective employees who legally consume cannabis off-the-job in accordance with statelaw.
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. The NCUA instead stressed the need for robust compliance systems to detect unusual suspicious activities warranting such filings.
This position will serve as a lead regulatory compliance manager for applications, complaints, and enforcement for all Commission matters. The position requires expertise with state government complaints and compliance systems necessary for regulatory compliance oversight of a controlled substance.
It is very challenging to manage finances in any business, especially when it comes to small businesses. Still, there is a lot of perplexity about cannabis business financing. Still, there is a lot of perplexity about cannabis business financing. Financing Options for Weed Businesses.
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. state and federal regulation of marijuana.
As part of the application process, the department is requiring those applicants to participate in classes “to ensure that social equity applicants are prepared for the application process and the challenges of running a marijuana business.”. View original article.
Portland, Oregon (January 22, 2019) — Lane Powell attorney Ben Pirie has been elected to the Executive Committee of Oregon State Bar’s Cannabis Law Section. The firm’s corporate, litigation and regulatory professionals collaborate across our locations to deliver practical solutions tailored to our clients’ unique business needs.
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