The FDA’s recent decision not to regulate CBD like a food or dietary supplement leaves a multi-billion-dollar industry in a lurch. What’s next, and what should companies do now?...more
On September 25, 2019, the House of Representatives overwhelmingly passed the bipartisan Secure and Fair Enforcement (SAFE) Banking Act with a vote of 321 in favor and 103 against. Notwithstanding widespread public support,...more
10/4/2019
/ Anti-Money Laundering ,
Banking Sector ,
Decriminalization of Marijuana ,
Depository Institutions ,
Financial Institutions ,
Financial Services Industry ,
FinCEN ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Money Laundering Control Act (MLCA) of 1986 ,
SAFE
For years, many have argued that the federal government should legalize marijuana. Despite a vocal minority advocating for legalization, such efforts have largely fallen on deaf ears....more
4/17/2019
/ Agricultural Sector ,
Anti-Money Laundering ,
Banking Sector ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Drug Trafficking ,
Farm Bill ,
Hemp ,
Internal Revenue Code (IRC) ,
Legislative Agendas ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Preemption ,
Proposed Legislation ,
Tenth Amendment