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Troutman Pepper

The Evolving Cannabis Industry in New York: Final Regulations and the True Party of Interest Rule

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On September 12, the New York Cannabis Control Board (CCB) approved final regulations governing the adult-use cannabis industry in New York, marking a long-awaited moment for industry participants and state regulators alike....more

K2 Integrity

What the Biden Administration Means for Marijuana Reform and Business

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As the Biden administration continues to dive deeper into its policy agenda, cannabis is a topic to watch. Though the administration has been focused on tackling immediate priorities, marijuana is likely to rise to the...more

Cozen O'Connor

Second Minnesota Adult-Use Marijuana Bill Survives House Committee

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Sixteen states, along with the District of Columbia, have now legalized the adult, or recreational, use of marijuana. Unlike many states, including its neighbor, South Dakota, where voters have decided the issue themselves...more

Seyfarth Shaw LLP

The Week in Weed: January 2020 #3

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. We’ll start off with Congress, where the House Energy & Commerce Committee held a hearing on marijuana on...more

Seyfarth Shaw LLP

The Week in Weed: January 2020 #2

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Let’s start with a look at the new marijuana market in Illinois.  First day sales topped $3 million and 77,000...more

Carlton Fields

Are Bank Regulators "Mellowing Out" on Cannabis?

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Federal bank regulators no longer require banks to submit suspicious activity reports (SARs) for legally authorized hemp business transactions, absent another required circumstance....more

Seyfarth Shaw LLP

The Week in Weed: December 2019

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. New Jersey is talking about decriminalizing marijuana. Regular readers will doubtless recall that legalization...more

Ballard Spahr LLP

Banking Regulators Ease SAR Reporting Requirements Applied to Hemp-Related Businesses

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On December 3, 2019, four federal agencies – the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (“FDIC”), the Financial Crimes Enforcement Network (“FinCEN”), and the Office of the...more

Lowndes

Long-Awaited Guidance for Banking Hemp Clients Released

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Since the effective date of the 2018 Farm Bill, banking and the inability to acquire financing have been major impediments for the hemp industry. While demand for hemp continues to grow, banking regulations have still been...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 03-22-2019 - An analysis from DRM's Government & Public Affairs Team

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A workgroup report reviewed in the House Human Services Committee this week recommended that Vermont consider implementing an unused drug repository program....more

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