As the hallowed cannabis holiday for stoners-turned-business-entrepreneurs falls upon us, we find ourselves in the shifting sands of change in the cannabis industry as usual. Not surprisingly, many states have seen...more
4/20/2025
/ Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Government Agencies ,
Hemp ,
Hemp Related Businesses ,
Legalization ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
New Legislation ,
Political Campaigns ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Regulatory Requirements ,
State and Local Government ,
State Legislatures
Welcome to the second installment of the Editors’ Roundtable, in which our editors – Whitt Steineker, Jay Wright, Hunter Robinson, and Slates Veazey – discuss cannabis issues in the news and take a stab at where the cannabis...more
10/5/2022
/ Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Hemp Cultivation ,
Legislative Agendas ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Regulatory Agenda ,
Regulatory Oversight ,
State and Local Government
Alabama became the 36th state to allow cannabis for medical use when Gov. Kay Ivey signed into law the Darren Wesley ‘Ato’ Hall Compassion Act on May 17, 2021. The act establishes a process through which applicants will...more
7/29/2021
/ Agribusiness ,
Alabama ,
Applicants ,
Applications ,
Cannabis-Related Businesses (CRBs) ,
Dispensaries ,
Governor Ivey ,
Licenses ,
Licensing Rules ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Required Documentation ,
State and Local Government
Legislation that would open financial services to marijuana-related businesses operating in states that have legalized marijuana took another small, but important, step Tuesday. The Banking, Housing, and Urban Affairs Senate...more
The United States Department of Agriculture (USDA) has offered much-needed clarity about the manufacture, distribution and sale of hemp and hemp-derived products. The USDA’s recent pronouncement, however, may not be the news...more
6/4/2019
/ Cannabidiol (CBD) oil ,
Cannabis Products ,
Controlled Substances ,
Criminal Convictions ,
Decriminalization of Marijuana ,
Dispensaries ,
Farm Bill ,
Felonies ,
Hemp ,
Interstate Commerce ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Schedule I Drugs ,
Shipping ,
Transportation Industry ,
USDA
[This is the first in a series of client alerts regarding the status of medical marijuana efforts in Alabama.]
Is Alabama poised to join the growing number of states allowing the use of medical marijuana under state law?...more
On January 17, 2018, Florida’s new governor, Ron DeSantis, delivered news that could supercharge the growth of Florida’s medical-cannabis industry. Governor DeSantis indicated he may drop the State’s appeal from a trial...more
2/5/2019
/ Decriminalization of Marijuana ,
Department of Health and Human Services (HHS) ,
Dispensaries ,
Licensing Rules ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Smoking Bans ,
State Constitutions ,
Vertical Integration
For years, the “legal” cannabis industry – operating in states that have legalized cannabis under state law despite its long-standing prohibition under federal law – and the financial institutions that serve the industry have...more
Since 1996, when California became the first state to legalize marijuana (at the time, for medicinal purposes only), 28 additional states and the District of Columbia have legalized marijuana to some extent. Public support...more
5/29/2018
/ Banking Sector ,
BSA/AML ,
Cole Memorandum ,
Criminal Prosecution ,
Decriminalization of Marijuana ,
Department of Justice (DOJ) ,
Dispensaries ,
FDIC ,
Financial Institutions ,
Financial Services Industry ,
FinCEN ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Policy Memorandums ,
Regulatory Standards ,
Suspicious Activity Reports (SARs) ,
Trump Administration