Getting Harder For Legal Cannabis To Find Banking Even though more and more states are allowing the sale of cannabis at the medical and/or recreational level, it is still a business that deals essentially in cash only. Why? Because most traditional banks refuse to...
federal cannabis law
Can Cannabis Help People With Fibromyalgia?
Can Cannabis Help People With Fibromyalgia? According to the Center For Disease Control, Fibromyalgia affects about 4 million U.S. adults or about 2% of the U.S. adult population. The U.S. National Center for Biotechnology Information on June 4, 2020 released data ...
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them!
Emergency Cannabis Small Business Health and Safety Act Introduced In Congress – If You Can’t Beat Them, Then Join Them! On March 27, 2020 President Trump signed the $2 trillion Stimulus Bill formally known as the Coronavirus Aid, Relief and Economic Security [CARES]...
How Are Cannabis Businesses Coping With COVID-19?
How Are Cannabis Businesses Coping With COVID-19? State & local governments are taking unprecedented measures to stop dine-in restaurant service, close gyms and movie theaters, and ban or limit all gatherings to fight the spread of the coronavirus. What remains...
Federal Government Enforcing Prohibition Of Cannabis On Public Lands
Federal Government Enforcing Prohibition Of Cannabis On Public Lands Off-Site Manager of Marijuana Grow in Shasta-Trinity National Forest Sentenced to 10 Years in Prison The U.S. Attorney’s Office for the Eastern District Of California issued a press release on...
Weedmaps Under Pressure To Disclose Cannabis Businesses To The Feds
Weedmaps Under Pressure To Disclose Cannabis Businesses To The Feds U.S. Attorney's Office for the Eastern District of California seeks documents on roughly 30 companies from cannabis-retail listing service Weedmaps, according to grand-jury subpoena. According to a...
President Trump Seeking To Prosecute Legalized Adult-use Marijuana Businesses
President Trump Seeking To Prosecute Legalized Adult-use Marijuana Businesses On June 20, 2019, the House of Representatives voted to restrict the Department Of Justice (“DOJ”) from interfering with States that have legalized adult-use marijuana, including those...
Former Silk Road Senior Advisor Pleads Guilty In Manhattan Federal Court
Roger Thomas Clark Pleads Guilty In Manhattan Federal Court On January 30, 2020, the United States Attorney for the Southern District of New York (SDNY) issued a press release that Roger Thomas Clark, who was also known as “Plural of Mongoose” or “Variety Jones,” pled...
Federal Government Opens Up Banking For Hemp-Related Businesses
Federal Government Opens Up Banking For Hemp-Related Businesses On December 3, 2019 Four federal agencies (the Federal Reserve Board, the Federal Deposit Insurance Corporation, Financial Crimes Enforcement Network (FinCEN) and the Office of the Comptroller of the...
“Kushy Punch” Loses Its State Cannabis License For Engaging In Illegal Activity
“Kushy Punch” Loses Its State Cannabis License For Engaging In Illegal Activity Anyone conducting business in cannabis surely knows that under Federal law (Controlled Substances Act 21 U.S.C. 801) marijuana is designated as a Schedule I controlled substance due to the...