In late August, the U.S. Department of Health and Human Services announced that it would recommend moving marijuana from Schedule I to Schedule III of the Controlled Substances Act. In this episode, corporate cannabis attorney Daniel Shortt moderates a discussion with tax attorney Douglas Charnas and financial services regulatory attorneyContinue Reading Podcast: Tax and Banking Implications of Rescheduling Marijuana
Aaron Kouhoupt offers a unique perspective shaped by more than 15 years’ experience as both in-house and outside counsel to banks, FinTechs, and other financial institutions of various sizes and formats. He serves as the firm's Chief Privacy Officer, and has authored content related to banking developments in the cannabis space.
Proponents of marijuana reform have had cause for celebration in 2023. Despite challenges facing the industry, the political and social momentum surrounding cannabis is ticking upward.
Continue Reading SAFER Act: Marijuana May Soon Become a Bigger Deal
The Conference of State Bank Supervisors (CSBS) has sent letters to the U.S. House of Representatives and the Senate, stressing the importance of providing safe harbor for financial institutions offering financial products and services to cannabis or cannabis ancillary businesses under the proposed Secure and Fair Enforcement (SAFE) Banking Act.
Continue Reading Will the Push for a Bank Safe Harbor on Cannabis Succeed?