More Banks and Credit Unions Are Working with Cannabis Businesses
Medical MarijuanaRecreational MarijuanaUncategorized December 7, 2018
According to a recent report from the U.S. Treasury Department’s Financial Crime Enforcement Network (“FinCEN”), a growing number of financial institutions are willing to work with cannabis businesses. As of September 30, 375 banks and 111 credit unions were managing marijuana business accounts. These numbers reveal a steady growth in the number of financial providers…
Read moreTenth Circuit to Decide if Fair Labor Standards Act Applies to Cannabis Businesses
Uncategorized November 25, 2018
As we all know, cannabis remains a federally controlled substance, and therefore illegal at the federal level. However, most states have some form of legalization. I have always advised my cannabis business clients to comply with both state and federal laws when it comes to employment laws. It seems to be the safest bet to…
Read moreOn Thursday, November 30, I’ll be speaking at a presentation hosted by the Seminar Group titled, “The Business of Marijuana in Washington State.” In preparation for this event, I’ve put together a list of materials that I think are vital to understanding the law on hemp-derived CBD (Hemp-CBD). Below is a list of statutes, cases, and…
Read moreJust two weeks after Speaker of the House Paul Ryan expressed public support for the legalization of industrial hemp, Senate Majority Leader Mitch McConnell is now guaranteeing that the 2018 Farm Bill will include the industrial hemp legalization provision once the House and the Senate solve their difference regarding this issue. If there’s a Farm…
Read moreBREAKING NEWS: Cannabis Wins Big at the Midterm Elections
Medical MarijuanaMichiganRecreational MarijuanaUncategorized November 8, 2018
Today was a stellar day for marijuana advocates around the country. Not only did a handful of states authorize legalization of medical and recreational marijuana at the polls, but the Democratic Party took control of the House of Representatives, and one very problematic Congressman, Pete Sessions, was sent packing down in Texas. Below is a…
Read moreJeff Sessions, the drug warrior that may or may not have liked the KKK until he found out they smoked pot, is out as U.S. Attorney General. After two years of being relentlessly bullied by President Trump, Sessions has apparently had enough. The Sessions resignation is of special interest to the marijuana industry because of…
Read morePaul Ryan Supports Legalizing CBD and Industrial Hemp
Medical MarijuanaUncategorized November 3, 2018
Earlier this week, Speaker of the House Paul Ryan announced his support to end federal cannabidiol (“CBD”) prohibition and expressed strong support for the uses of industrial hemp. To view the video of Ryan’s comments, go here at the 21:15 mark. For any newbies out there, CBD is one of the many chemical compounds in a…
Read moreCommercial Cannabis Case Law Update: Federal Courts Continue to Find a Balance
Uncategorized October 27, 2018
Oregon Congressman Releases “Blueprint to Legalize Marijuana”
Recreational MarijuanaUncategorized October 25, 2018
The Trump Administration Wants Your Opinion on Cannabis
Uncategorized October 18, 2018