Visa Cracks Down On Cannabis Dispensary ‘Cashless ATM’ Transactions

Credit card powerhouse Visa is cracking down on “cashless ATM” transactions processed by cannabis dispensaries and other retailers, saying the popular workaround for credit and debit card payments is prohibited and subject to unspecified penalties. In a compliance memo sent this month to banks that process payment card transactions for merchants, Visa, the world’s second-largest payment card processing company, noted that it is “aware of a scheme” in which point-of-sale (POS) terminals known as cashless ATMs are used to process purchases. Instead of processing the sale as a purchase, however, the merchant codes the transaction as an ATM withdrawal. “Cashless…

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California AG Pushes County Prosecutors To Stop Delaying Relief For Past Cannabis Convictions – Marijuana Moment

California AG Pushes County Prosecutors To Stop Delaying Relief For Past Cannabis Convictions – Marijuana Moment

Colorado voters could have the chance next year to vote on legalizing possession and personal cultivation of psychedelics, and creating a system of licensed businesses to produce psilocybin, DMT, ibogaine and mescaline for supervised use at “healing centers.” A national advocacy group recently filed two separate psychedelics reform initiatives for Colorado’s 2022 ballot, both of which are titled the Natural Medicine Healing Act. The first would legalize the possession, cultivation and an array of entheogenic substances, as well as establish a regulatory model for psychedelics therapy. The other is a similar, but somewhat more dialed-back proposal that would initially legalize…

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Hundreds of New Jersey residents apply for licenses to open marijuana businesses – News 12 Connecticut

Hundreds of New Jersey residents apply for licenses to open marijuana businesses – News 12 Connecticut

Dec 16, 2021, 12:59pmUpdated 4h ago By: News 12 Staff Are you thinking of opening a marijuana business? You’re not alone.  Yesterday morning, hundreds applied for licenses after New Jersey began taking applications which include recreational facilities.    In April of this year, a medical dispensary in Neptune opened its doors. Zen Leaf became only one of a few shore area dispensaries offering medical marijuana and that will change soon.   Last week, New Jersey awarded 30 new licenses to medical facilities more than doubling the current number of 23 operating.    Applications for dispensaries will begin to be accepted in March.  Related Stories Share…

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Cannabis businesses not immune from vaccine-mandate controversy – Marijuana Business Daily

Cannabis businesses not immune from vaccine-mandate controversy – Marijuana Business Daily

Most U.S. employers already require their employees to get vaccinated against COVID-19 or have plans to require them to do so soon. That’s according to a recent survey conducted by London-headquartered insurance broker and advisory firm Willis Towers Watson. Advertisement But vaccine mandates aren’t so popular among cannabis employers, most of whom are too small to face government directives. Cannabis employers that are following vaccine-or-test rules often say they are simply following vaccine decrees required by state and local regulators. The reluctance to impose a vaccine-or-test regimen likely reflects a libertarian streak that’s unsurprising in an industry that often flouts…

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Towns that want to opt out of recreational marijuana sales have until end of year to inform state – News 12 Westchester

Towns that want to opt out of recreational marijuana sales have until end of year to inform state – News 12 Westchester

Dec 17, 2021, 2:15amUpdated on Dec 26, 2021 By: News 12 Staff Municipalities that have decided not to sell recreational marijuana have two weeks to formally tell the state. The deadline to submit laws to the state’s Office of Cannabis Management is Dec. 31. Towns that opted out on Long Island include Hempstead, Oyster Bay, Smithtown, Islip, East Hampton and Shelter Island. Towns that have decided they will allow recreational weed include Riverhead, Babylon and Brookhaven.

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MA equity issues, RI legalization, VT sales: 2022 marijuana forecast – The Providence Journal

This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Investigative reporting that makes our community a better place to work, live and play Expert coverage of high school sports teams The best tips on places to eat and things to do Daily newsletter with top news to know Mobile apps including immersive storytelling

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Cannabis Advocacy Org Urges Fed Action On CBD Regulation – Law360

Cannabis Advocacy Org Urges Fed Action On CBD Regulation – Law360

By Katryna Perera (December 15, 2021, 9:13 PM EST) — The Council for Federal Cannabis Regulation has requested a meeting with the head of the U.S. Department of Health and Human Services to address what the organization says is a public health crisis “unfolding with increasing severity” due to a federal reading of a rule that has “needlessly hamstrung” the regulation of cannabinoids. The CFCR sent a letter to HHS Secretary Xavier Becerra on Sunday stating that the two organizations must work together to overcome the restrictions of the so-called drug exclusion rule under the federal Food, Drug and Cosmetics…

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Ohio Senate Approves Bill To Allow Medical Marijuana For Any Patient Who Can ‘Reasonably Be Expected’ To Benefit – Marijuana Moment

Ohio Senate Approves Bill To Allow Medical Marijuana For Any Patient Who Can ‘Reasonably Be Expected’ To Benefit – Marijuana Moment

Colorado voters could have the chance next year to vote on legalizing possession and personal cultivation of psychedelics, and creating a system of licensed businesses to produce psilocybin, DMT, ibogaine and mescaline for supervised use at “healing centers.” A national advocacy group recently filed two separate psychedelics reform initiatives for Colorado’s 2022 ballot, both of which are titled the Natural Medicine Healing Act. The first would legalize the possession, cultivation and an array of entheogenic substances, as well as establish a regulatory model for psychedelics therapy. The other is a similar, but somewhat more dialed-back proposal that would initially legalize…

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