Back in February, we blogged about the Massachusetts Joint Committee on Cannabis Policy (the “Committee”) releasing a cannabis bill (H. 174/S. 72) through Committee without any opposition. This bill proposed major changes to...more
2021 has been a big year for the cannabis industry. We have seen several states pass legislation either permitting adult use, or permitting or expanding a medical marijuana program. Some states have introduced new license...more
On November 23, 2021, the Massachusetts Cannabis Control Commission (CCC) released Draft Guidance on Hemp (Draft Guidance).
Pursuant to a 2020 amendment, adult-use cannabis establishments licensed by the CCC are permitted...more
12/8/2021
/ Cannabis Products ,
Comment Period ,
Draft Guidance ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Marijuana ,
Marijuana Related Businesses ,
Regulatory Agenda ,
Regulatory Requirements ,
State and Local Government
On Wednesday, July 14, Senate majority leader Chuck Schumer (NY), Senator Cory Booker (NJ), and Senator Ron Wyden (OR) introduced a draft bill to decriminalize marijuana at the federal level. The draft discussion of the...more
As of Friday, May 28, the Cannabis Control Commission (“CCC”) has announced that Certified Economic Empowerment Applicants and Social Equity Program Participants (“EE/SE Participants”) are able to apply for pre-certification...more
On April 19, the U.S. House of Representatives passed the Secure and Fair Enforcement (SAFE) Banking Act in a 321-101 vote. The bill has benefitted from bipartisan support after being co-sponsored by a large group of both...more
The SAFE Banking Act is back. First introduced in 2019, the Secure and Fair Enforcement Act (“SAFE”) passed in the House but died in the Republican-controlled Senate. Now, the bill has been reintroduced in both the House and...more
3/31/2021
/ American Bankers Association ,
Banking Sector ,
Cannabis Products ,
Financial Institutions ,
Financial Services Industry ,
FinCEN ,
Marijuana ,
Marijuana Related Businesses ,
Proposed Legislation ,
Proposed Regulation ,
SAFE ,
Secretary of the Treasury
Prior to his Judiciary Committee confirmation hearing last week, Judge Merrick Garland had not clarified his views on marijuana policy and how he would approach the issue if confirmed as Attorney General. However, after his...more