#cannabis banking | Explore Tumblr Posts and Blogs

cannabisnewstoday · 2 years

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#senate #senate democrats #banking #cannabis banking #marijuana banking #cannabis #marijuana #weed #pot #legalization #medical marijuana #mmj #medical cannabis #legalize

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cannabisbusinessexecutive · 2 years

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Cannabis banking supporters scramble to reach lame-duck deal

The Senate is trying to get a package of cannabis-related legislation over the finish line in this Congress. Urgency is building in the Senate to get cannabis legislation passed before the year is over. The specter of a Republican-led House has lit a fire under proponents of cannabis banking legislation, according to three House and Senate staffers involved in discussions on both sides of the…

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#Cannabis Banking

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darkskinnedmen · 2 years

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Unlocking the Benefits of Seed Banks for Conservation Efforts

Two plants out of every five are threatened or endangered. Biodiversity is declining, and many foods may become extinct in the future. Seed banks, which, in addition to storing seeds of various species in case the worst happens, are used to develop more resistant varieties, have become increasingly important in recent years. Scientists are on the lookout for species that are better adapted to climate change.

According to the Food and Agriculture Organization of the United Nations (FAO), 75% of crop diversity was lost between 1900 and 2000. Furthermore, according to the World's Plants and Fungi 2020 study conducted by the UK-based Kew Royal Botanical Gardens, two out of every five plants in the world are now at risk of extinction due to climate change, biodiversity loss, and pharmaceutical demand. Collecting, protecting, and sharing a diverse range of seeds is critical to ensuring our own and future generations' food security.

Various proposals have emerged in response to this need. One of them is reforestation using drones, and intelligent seeds, as in the 'Forest seeks village' proposal launched by Iberdrola through the 'InnovationInnovation and sustainability in rural areas' challenge, in collaboration with Start-up Olé and with European Commission support. Another major initiative that has gained prominence in recent years is seed banks, which are specifically designed to preserve plant biodiversity.

Preserving seeds

Gathering different seed varieties and storing them in purpose-built buildings or containers known as seed banks is one way to increase the chances of plant species' survival. Seed banks, like banks where you deposit money, accept and store seed deposits.

There are seed banks in many countries. There are over 1,700 of them worldwide, ranging in size from small to large. The Svalbard Global Seed Vault, also known as the Doomsday Vault, is one of the largest. It's tucked away on a mountainside on an island north of the Arctic Circle. The cold, dry conditions in this region of the world are ideal for keeping seeds viable – though you don't need ice all around you to successfully store seeds as long as you have a consistent temperature of -20°C with low oxygen and moisture levels.

What seed banks collect can vary. Some seed banks keep a limited selection of seeds, whereas others may only keep seeds native to the area. As a global backup, the Doomsday Vault keeps a selection of seeds from all other seed banks around the world, including deposits from New Zealand. Others focus on major food crops such as wheat, rice, apples, and potatoes, and some, surprisingly, store poisonous plants or weed seeds.

Knowing which seeds to save can be difficult. A plant that we don't use much right now may contain something we'll need later on, especially when it comes to medicines. When you consider that the majority of the world's food is reliant on only 20 major crops, it becomes even more critical to keep a diverse range of seed varieties on hand in case one or more of those critical genetic sources is decimated by a new pest, disease, or climate change.

Examples of seed banks and how it serves us

There are several world-famous seed banks as well as smaller, homegrown ones - but if you look closely, you'll notice that they're all driven by a guiding philosophy and mission that extends beyond seed storage. The Kew Millennium Seed Bank Project in Wakehurst, England, aims to save 25% of the world's plant species as seeds and currently holds 10% of the world's plant species seeds. The Royal Botanical Gardens began collecting seeds formally as a seed bank in 1898, with a focus on collecting seeds from climate-vulnerable environments. It also conducts educational outreach in Africa's rural areas, promoting projects ranging from nutrition to forestry to sustainable agriculture.

Navdanya: Environmentalist Vandana Shiva's commitment to seed diversity began in 1987 when she founded Navdanya, an agricultural research center in Uttarakhand, India, that seeks to protect biodiversity and small farmers' livelihoods. Navdanya seed bank has conserved approximately 5,000 crop varieties to date, with a primary focus on grain species preservation. Furthermore, this seed bank only saves unpatented seeds. Rather than a centralized system, responsibility is distributed and functions as 54 community seed banks piloted by Navdanya. Its rice varieties alone number in the thousands. Navdanya also disseminates agricultural knowledge through educational campaigns.

The Svalbard Global Seed Vault in Norway aims to preserve seeds for extended periods of time, which necessitates extremely cold temperatures. That is why it is built from the remains of an abandoned mine and is located in the deep permafrost-covered mountains of Svalbard. Its primary funding source is the Bill and Melinda Gates Foundation, and its goal is to permanently protect agriculturally and plant biodiversity. It currently houses 430,000 specimens and can hold 4.5 million seed samples. This seed vault has been at the cutting edge of environmental problem solving and InnovationInnovation. It frequently hosts events concerning food security and climate change.

Colorado State University's campus is home to the National Centre for Genetic Resources (NGCR). It is one of the world's largest gene banks, preserving seeds as well as various types of germplasms or genetic information collections. The goal is to ensure that the genetic traits of the stored plants and seeds remain stable over time and do not change during reproduction. The NGCR also works extensively in genetic research and agricultural development.

Russia's Vavilov Research Institute (VRI): Russia has a long history of botanical studies, including plant management, disease control, and the documentation of plant varieties. The VRI, founded in 1924, has grown to 12 research stations across Russia and houses approximately 60,000 seed varieties, as well as 250,000 plant specimens in the herbarium.

The Beej Bachao Andolan - Save the Seeds movement in India began in the 1980s in Uttarakhand, led by Vijay Jardhari. Seed banks were established as a result of this movement to store native varieties of seeds. This practice is now spreading to other parts of the world. Farmers have begun preserving and growing indigenous seeds, reducing their reliance on hybrid seeds from seed companies. Farmers from various villages and regions exchange and cultivate seeds. Their storage method is straightforward: only the healthiest seeds are chosen and stored in airtight earthen pots. Each year, they are grown in a small patch so that new, regenerative seeds can be harvested.

Conclusion

There are thousands of seed banks in the world today. Their collections are critical to the survival of our species and the health of the ecosystems in which we live. In an era of diminishing wild areas and biodiversity, we can rely on seed banks to restore and regenerate the planet's wealth.

#Seed bank #weed bank #cannabis banking

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daleschaferlaw · 2 years

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Dale Schafer Law News - 9/27/22

Dale Schafer Law News – 9/27/22

#hemp – “An Oregon State University study has found spent hemp biomass left over from CBD extraction – usually just treated as waste or plowed back into fields – is looking to be a good feed alternative for lambs. Believed to be the first study evaluating the effects of feeding spent hemp biomass to livestock, the research involved feeding lambs different amounts of spent hemp biomass (10% and…

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#adult-use #banking #California #Cannabis #cannabis banking #cannabis compliance #cannabis industry #cannabis law #Cannabis News #cannabis politics #cannabis tax #commercial cannabis #hemp #Legal cannabis #Legalization #Marijuana #Politics #Taxes

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moldresistantstrains · 6 months

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🍭Explore 23 of Sweet Seeds' bestselling feminized and autoflowering seeds in my buyers' guide. 🌱

💜Famed for their exotic and colorful cultivars, Sweet Seeds is a highly popular breeder in the cannabis seed industry.

🔗https://moldresistantstrains.com/the-best-sweet-seeds-genetics-strain-guide/

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11diabla11 · 1 month

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Stickers $0.99

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chipped-chimera · 7 months

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I hate money💀

#kerytalk #I'm stuck with a lot of shit I need to buy already and not enough money to do it ever #sure I can save up for big things like computer parts #that was 10 months of me doing nothing #I'm no longer in a void state so that is no longer maintainable #ugh the med cannabis is working really well but it's expensive as fuck and I'm goddamn scared #sure I could pull out the commissions card but I need a bunch of them to make the money #and idk how reliable that'll be anyway between my health and my lack of art audience #oh AND someone stole 260 out of my goddamn bank #ventpost

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dontmeantobepoliticalbut · 1 year

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A group of bipartisan lawmakers reintroduced the Secure and Fair Enforcement (SAFE) Banking Act in the House and Senate on Wednesday, after the legislation designed to free up banking services for the cannabis industry stalled in last year's Congress.

The bill, which has been tweaked since last session, was introduced by Sen. Jeff Merkley, D-Ore., Sen. Steve Daines, R-Mont., Rep. Dave Joyce, R-Ohio, and Rep. Earl Blumenauer, D-Ore.

If the critical banking and financial protections advance through committees, they could see a vote on the Senate floor for the first time. The bill, which has always had strong bipartisan support, passed in the House seven times previously.

"For the first time, we have a path for SAFE Banking to move through the Senate Banking Committee and get a vote on the floor of the Senate," Merkley said in a statement. "Let's make 2023 the year that we get this bill signed into law so we can ensure that all legal cannabis businesses have access to the financial services they need to help keep their employees, their businesses, and their communities safe."

Senate Majority Leader Chuck Schumer, D-N.Y., expressed his support for the legislation on Thursday and said he would work to make sure the legislation includes criminal justice provisions when it reaches the floor.

Cannabis stocks Curaleaf Holdings, Trulieve Cannabis Corp, and Terrascend Corp all rose by double-digit percentages on Thursday. The bipartisan nature of the SAFE Banking Act's reintroduction appeared to boost hopes of more relief to come in the industry.

"The SAFE Banking Act will provide urgently needed relief to cannabis businesses of all sizes and act as a stepping stone to broader reforms," said Matt Darin, CEO of multistate cannabis operator Curaleaf, in a statement after the bill's reintroduction.

Under current federal law, banks and credit unions face federal prosecution and penalties if they provide services to legal cannabis businesses because cannabis is still a Schedule I substance, the same classification as heroin and LSD. Schedule I substances are defined as drugs with no currently accepted medical use and a high potential for abuse, according to the federal Drug Enforcement Administration.

Without access to financial services, state legal cannabis businesses are forced to operate their businesses solely using cash, which can result in robbery, money laundering, and organized crime.

"This legislation will save lives and livelihoods. It is past time that Congress addresses the irrational, unfair, and unsafe prohibition of basic banking services to state-legal cannabis businesses," said Blumenauer, founder and co-chair of the Congressional Cannabis Caucus.

Key components of the bill protect banks that work with state-legal cannabis businesses from being penalized by federal regulators.

Under SAFE Banking, federal regulators are barred from taking several punitive steps against banks, according to the legislation:

• Prohibit, penalize or discourage a bank from providing financial services to legal cannabis businesses • End or limit a bank's federal deposit insurance if the bank provides those services • Recommend or incentivize a bank to halt or downgrade providing banking services to cannabis businesses • Take any action on a loan to an owner or operator of a cannabis business

The legislation also creates a safe harbor from criminal prosecution, liability and asset forfeiture for banks, their officers or employees. Moreover, a new component includes the safe harbor statute extended for underserved communities who face challenges in accessing capital and provide affordable access to financial services.

EXECUTIVES SOUND OFF

SAFE Banking, which has 38 additional cosponsors in the Senate and eight additional cosponsors in the House, will be a boon for an industry that has seen a downturn. Top cannabis executives have pushed Congress for years to take action on banking and other federal reforms needed to fortify their businesses.

Brady Cobb, the CEO of Sunburn Cannabis, a leading Florida dispensary chain, said in a statement, "All eyes should be on the Senate Banking Committee to call the measure up for its first hearing in the Senate."

"SAFE will serve as a springboard for the US banking and financial sectors to meaningfully participate in this budding industry, and most importantly it will significantly reduce the safety risks faced by the thousands of employees of this all cash business," he said.

Morgan Paxhia, co-founder and managing director at Poseidon, a cannabis investment firm, called the measure's reintroduction a major advancement for the industry.

"We have seen many firsts in legal cannabis and that now includes the scheduling of a hearing of cannabis banking reform in the Senate," added Paxhia. "This is an historic step for the Senate."

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mercedesmone · 2 years

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every time sasha talks more about what she was going through in 2018-2019 it ruins my life just a little bit more than before

#it was in her interview in uhhh cannabis & tech today #shfjfkg #girl really said she was drinking and taking pain meds every day 😭😭😭#im glad she left and got help when she needed to before it went down a very dangerous and scary path #sasha banks

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cannabisnewstoday · 2 years

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#safe banking act #safe act #cannabis #marijuana #weed #pot #legalization #medical marijuana #mmj #medical cannabis #legalize #banking #cannabis banking #marijuana banking #banking access

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jerseyseedbank · 2 months

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#regular cannabis seeds #autoflowering cannabis seeds uk #jersey seed bank #autoflowering cannabis seeds for sale

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thesclawoffice · 7 months

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Smoke and Mirrors: Demystifying Cannabis Law with Expert Legal Advice

The rapidly evolving landscape of cannabis law in the United States presents a complex web of regulations and statutes that can often seem like smoke and mirrors to those outside the legal sphere. In this intricate legal environment, cannabis lawyers emerge as the guiding force, clearing the haze for businesses and individuals alike.

The Crucial Role of Cannabis Lawyers

Cannabis lawyers are specialized legal practitioners who navigate the murky waters of cannabis law. They provide crucial advice to their clients on issues such as compliance with state and federal laws, business formation, licensing, and the nuances of operating within the cannabis industry. These legal experts stay abreast of the constantly changing regulations, ensuring that their clients can focus on growth and innovation without the fear of legal entanglements.

Understanding the Legal Landscape

The legal landscape of cannabis is as diverse as it is complex, with each state in the U.S. crafting its own set of rules and regulations. This patchwork of laws makes the expertise of a cannabis lawyer invaluable, especially when it comes to matters of interstate commerce, where businesses must meticulously adhere to a plethora of legal standards and practices.

Navigating Business in a Budding Industry

For entrepreneurs, the importance of understanding the intricacies of cannabis law cannot be overstated. A cannabis lawyer provides the roadmap for navigating this budding industry, offering insights into intellectual property, tax issues, and even real estate transactions related to cannabis business operations.

Compliance: The Legal Blueprint

Compliance is the cornerstone of success in the cannabis industry. Cannabis lawyers are the architects of compliance strategies, ensuring businesses operate within the legal framework set forth by governing bodies. They aid in obtaining licenses, structuring transactions, and advising on product labeling and marketing practices that align with the law.

Advocacy and Policy Shaping

Beyond individual client representation, cannabis lawyers often engage in broader advocacy work, shaping policy and reform efforts. They use their legal expertise to influence the development of fair and equitable laws that reflect the changing attitudes toward cannabis.

Cannabis Law: Linking to Expertise

For those seeking legal guidance in the cannabis industry, resources like The S.C. Law Office provide a wealth of knowledge and legal services. Located at Cannabis Law, this firm stands as a beacon for those navigating the complexities of cannabis legislation.

Conclusion

The role of a cannabis lawyer is multifaceted, blending legal acumen with advocacy and business savvy. As the industry continues to grow, these legal professionals will play a pivotal role in demystifying the laws and regulations that govern it. With expert legal advice, businesses and individuals can dispel the smoke and mirrors, ensuring clarity and compliance in their cannabis ventures.

Sanvenero & Cittadino Law Office

Address: 228 Maple Ave, Red Bank, NJ 07701, United States

Phone: +1 (732) 743 9665

Website: https://www.thesclawoffice.com/

Google Business Profile: Click here

#cannabis attorney #cannabis #cannabis near me #cannabis Red Bank

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daleschaferlaw · 2 years

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Dale Schafer Law News - 9/16/22

Dale Schafer Law News – 9/16/22

#cannabislaw – “A California federal judge is not happy with the way a cannabis industry banking firm has been behaving during discovery in a dispute accusing it of withholding funds from a client, and he has told Pacific Banking Corp. that “sanctions are going to fly.”…. The dispute landed before Judge Donato in March 2020, when Cann Distributors accused Pacific Banking of failing to make…

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#adult-use #California #Cannabis #cannabis banking #cannabis law #Cannabis News

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usnewsper-politics · 9 months

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Schumer's New Bill Could Bring Cannabis Banking Relief #banking #Bill #cannabis #schumer #senate

#Politics #banking #Bill #cannabis #schumer #senate

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moldresistantstrains · 8 months

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💎The Best Compound Genetics Seeds: Strain Guide

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mfi-miami · 9 months

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Romspen Gave 3 Stoners $54 Million

Romspen Gave 3 Stoners Over $54 Million Dollars To Fund A Failing Cannabis Business. Now The Canadian Lender Is Shocked To Learn 2 Of The Partners Have Disappeared Romspen gave 3 stoners a $54 million loan fund their giant marijuana grow operation in Oakland, California. Now it appears Romspen’s money has gone up in smoke. The 3 inexperienced cannabis operators operated a Denver-based legal…

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