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Legal News

September 26, 2019
Industry Reacts to Passage of SAFE Banking Act

On Sept. 26 the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act, which would allow for cannabis-related businesses to use banking services. The bill, which was approved on a 321-103 vote with bipartisan support, now moves on to the Senate. During the House's debate, proponents... more »
New York recreational marijuana

September 25, 2019
US House Approves SAFE Banking Act

The U.S. House of Representatives has approved the Secure and Fair Enforcement (SAFE) Banking Act with a 321-103 vote. The bill, introduced by Rep. Ed Perlmutter (D-Colo.) with bipartisan support, was passed by the Financial Services Committee in March. The SAFE Banking Act would create protections for financial institutions that... more »

September 25, 2019
Massachusetts approves use of cameras for cannabis deliveries

The Cannabis Control Commission in Massachusetts has approved new regulations for the state's adult and medical use of marijuana programs that introduce new license types, unify and strengthen the license application, enforcement and administrative processes, enhance public health and safety, and increase access to the legal industry for patients and... more »

September 25, 2019
Hemp Insurance Cropping Up As Industry Awaits USDA Regulations

In early August, hemp farmers in central Oregon confronted a dilemma that every crop farmer fears. Severe thunderstorms – showering golf ball-sized hail – rolled through nearly five hundred acres of farmland, severely damaging the hemp crops in its path. Early estimates tallied the storm’s damage at nearly $25 million... more »

September 20, 2019
Wisconsin Lawmakers Introduce Medical Cannabis Bill

Lawmakers in Wisconsin have introduced legislation that would allow doctors to prescribe medical cannabis to patients. The bill has been introduced by Sens. Jon Erpenbach and Patrick Testin and Rep. Chris Taylor. It is the first bi-partisan medical cannabis legislation in 18 years, according to Sen. Testin. "No one should... more »

September 20, 2019
Senate Committee Approves Agriculture Appropriations Bill with Hemp Provisions

The Senate Appropriations Committee has approved the FY2020 Agriculture Appropriations Bill, which includes provisions on hemp added in by U.S. Senate Majority Leader Mitch McConnell. The provisions added into the Senate Agriculture Appropriations bill, which now must be approved by the full Senate, include: $16.5 million for the U.S. Department... more »

September 20, 2019
Financial Groups Support SAFE Banking Act

Four financial trade associations have issued a joint statement urging the U.S. House of Representatives to pass the Secure and Fair Enforcement (SAFE) Banking Act. Bill H.R. 1595 would create protections for depository institutions that provide financial services to cannabis-related businesses. The House will take a vote on the bill... more »
Justice Department cannabis research

August 27, 2019
Justice Department Taking Steps to Expand Cannabis Research

The Justice Department announced it will move forward to expand the number of marijuana growers for federally authorized cannabis research. The long-awaited move comes after researchers filed court papers asking a judge to compel the Drug Enforcement Administration to process the applications to grow research cannabis. The DEA began accepting... more »

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