In 2013, the Obama administration signed the Cole Memorandum, which formed a federally protected shelter for marijuana companies to operate by employing a hands-off approach of non-prosecution against cannabis businesses and users who comply with state laws. However, in January 2018, Donald Trump appointed former attorney general Jeff Sessions revoked the Cole Memo, generating anContinue reading “Why Banks Do Not Want To Work With Cannabis Companies – Part II: The SAFE Banking Act and the 2018 Farm Bill”
Category Archives: cannabis
Why Banks Do Not Want To Work With Cannabis Companies – Part I
The long and the short of it is the U.S. federal government remains set on classifying marijuana as a Schedule I drug, deeming it a high potential for abuse with no accepted medical use. It’s basically on the same boat as heroine. Yet, cocaine is classified as Schedule II, less abuse potential than Schedule IContinue reading “Why Banks Do Not Want To Work With Cannabis Companies – Part I”
What Cannabis Businesses Can Learn From the Alcohol Prohibition
In January 1920 alcohol was banned from being manufactured, transported or sold. This act drove up organized crimes, speakeasies (illegal drinking saloons), and homemade liquor and moonshines. President Herbert Hoover called the prohibition “a great social and economic experiment” – an experiment that was dubbed a failure because it only lasted for 13 years andContinue reading “What Cannabis Businesses Can Learn From the Alcohol Prohibition”
Thailand to Host First World Ganga Festival – But It’s Not What You Think
Thailand will be hosting the first World Ganja Festival in 2020. But hold on before you book your flight and hotel – it’s not a party kind of festival. The festival will advocate Thailand as the developer of top strains. It will deliver as a program for people to share their knowledge of marijuana forContinue reading “Thailand to Host First World Ganga Festival – But It’s Not What You Think”
CTPharma Transparent About Their Marijuana Vape Process
CT Pharmaceutical Solutions, a Connecticut medical marijuana company demonstrated its method of producing marijuana into vape cartridges. Kim Provera, a CTPharma rep showed Susan Raff – a local Connecticut TV reporter, the process of how marijuana goes from bud to vape. Provera explained, “Once we have a concentrated form, its pure form, we put itContinue reading “CTPharma Transparent About Their Marijuana Vape Process”
California To Allow Medical Cannabis At K-12 School Campuses
Last week, Gov. Gavin Newsom – a leading advocate of Proposition 64 – the recreational pot legalization initiative, signed a bill that allows parents in some California districts to bring medical cannabis to their child at K-12 school campuses. The bill was initiated by Sen. Jerry Hill (D-San Mateo). Hill said his bill was crucialContinue reading “California To Allow Medical Cannabis At K-12 School Campuses”
Yes! Cannabis! 