News & Analysis as of

Decriminalization of Marijuana Criminal Liability

Ward and Smith, P.A.

A Win for Hemp in Court, and What it (Might) Mean for North Carolina

Ward and Smith, P.A. on

The hemp and cannabidiol ("CBD") industries today face substantial uncertainty, and they lack clear Federal rules, regulations, and guidance within which governments and businesses can safely operate. That dearth of...more

Burr & Forman

South Carolina Hemp Cultivation and Extraction – Tax, Fee, and Fine Issues For Growers and Processors

Burr & Forman on

With the adoption by Congress of the 2018 Farm Bill, and which decriminalized the cultivation and growing of industrial hemp and related products, states now, including South Carolina, have adopted and expanded programs...more

Burns & Levinson LLP

Update: SAFE Banking Act of 2019

Burns & Levinson LLP on

As we discussed in a post back in February, one of the biggest hurdles facing the legal cannabis industry today remains the lack of access to banking services. Despite the legalization of cannabis on the state level, banks...more

Carlton Fields

Is Cannabis Banking "SAFE"? Marijuana and Its Secure and Fair Enforcement

Carlton Fields on

On March 28, 2019, the House Financial Services Committee voted overwhelmingly (45-15) to advance H.R. 1595, known as the Secure and Fair Enforcement (SAFE) Banking Act of 2019. The bill seeks to protect financial...more

White & Case LLP

Cross-Border Cannabis Investment: Managing Money Laundering Risk

White & Case LLP on

Canada legalised recreational cannabis in October 2018 and it may be that other countries follow suit. UK and US investors, and those who facilitate investments in legal recreational cannabis businesses overseas, need to be...more

Bradley Arant Boult Cummings LLP

O Canada! What Canada’s Nationwide Legalization of Cannabis Means for American Financial Institutions

Today marks a significant shift in cannabis policy, both domestically and internationally, as Canada becomes the first industrialized nation in the world, and only the second nation overall, to legalize cannabis. This follows...more

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