The HEROES Act, the newest COVID-19 relief legislation making its way through Congress, includes an exciting new addition: the SAFE Banking Act, which would ensure access to financial services for cannabis businesses. If passed, this piece of legislation would provide a major breakthrough for the cannabis industry, allowing companies to do business with banks.
According to a press release, the Florida Department of Agriculture named Kaycha Labs as their first “Designated Compliance Laboratory” as part of the roll out of their newly initiated hemp program.
Perry Johnson Registrars Food Safety, Inc. is now officially the first certification body to be granted accreditation for cannabis certifications in the United States by ANAB.
Like many other sectors, the cannabis market should still expect to lose revenue due to factors like store closures, disrupted supply chains and restricted transport. However, it’s not all doom and gloom when looking at the CBD and medical cannabis markets in more detail.
A 1.5-hectare greenhouse in Langholm on the border between England and Scotland will be the first cannabis farm in the country. Is this a sign that cannabis reform is on the horizon for the British Isles?
While state-legal cannabis companies are largely shut out of stimulus packages, some CBD product companies have already received millions of dollars in federal aid money through the CARES Act.
Rep. Earl Blumenauer (D-OR) and Rep. Ed Perlmutter (D-CO) introduced the bill recently, which would include cannabis businesses in the Small Business Administration’s relief efforts. But even if it does get passed, how much will it actually help cannabis businesses?
In order to remain open for business, cannabis companies need to act responsibly. Here’s a list of best practices for reference to make sure you are protecting your business, customers and employees.
Rep. Earl Blumenauer (D-OR) and Rep. Ed Perlmutter (D-CO) introduced the bill this week, which would include cannabis businesses in the Small Business Administration’s relief efforts.
The industry is weathering hard times, but as usual, pivoting in the face of yet another challenge. Here is a look at some of the trends afoot that are already bearing fruit and bringing relief.
