Tag: SAFE Act
Cannabis Business Leaders Unite to Advocate for Federal Reform During 11th Annual Cannabis Industry...
WASHINGTON – Cannabis business leaders from across the country are convening in Washington, D.C., for NCIA’s 11th Annual Cannabis Industry Lobby Days Wednesday, May 17,...
Reforming Capitol Hill
As 2023 began, cannabis advocates on Capitol Hill and the industry at large were steeped in frustration and disappointment. In December, despite broad bipartisan...
The CLIMB Act Would Greatly Expand Access to Financial Services
WASHINGTON - The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act was introduced Thursday by U.S. Congressmen Troy A. Carter, Sr. (D-LA) and...
Understanding the Federal SAFE and CLAIM Acts
While some cannabis operations were deemed essential businesses during the COVID-19 lockdown, similar operations a few miles away across a state line were forced...
SAFE Banking Act Reintroduced in House of Representatives
WASHINGTON D.C. – The Secure and Fair Enforcement (SAFE) Banking Act has been reintroduced in the House of Representatives. If enacted, the bill would...
California Agriculture Dept. Proposes Emergency Cannabis Banking Regulations
SACRAMENTO, Calif. – The California Department of Food and Agriculture (CDFA) filed proposed emergency regulations that would implement provisions of Assembly Bill 1525 with...
Changing Habits: How Cannabis Payment Processors Have Adapted to COVID-19
For most retail transactions, not much thought is given to how money is exchanged. Consumers simply rely on the use of electronic payment methods;...
COVID-19 Is Setting a New Course for the Future of Cannabis Retail
As the world responds to the COVID-19 health crisis, cannabis brands and retailers are facing a new normal when it comes to running their...
Treasury Inspector General Recommends More Tax Audits for Cannabis
WASHINGTON, D.C. – The Treasury Inspector General for Tax Administration (TIGTA) issued a report on March 30, which made recommendations to the Internal Revenue...
House of Representatives Approves Cannabis SAFE Banking Act
WASHINGTON, D.C. – The U.S. House of Representatives today, in a historic vote, approved legislation that would allow legal cannabis businesses access to banking...
