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Income and expense are whole-filing amounts associated with this lobbyist, not personal compensation or an allocated share.
No topic inference: each bill number appears in source LDA issue text assigned to this lobbyist.
Free to Grow Act of 2023
Client: MINORITIES FOR MEDICAL MARIJUANA · Firm: BANKS & COMPANY, LLC
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Specific issues are shown only where the LDA source assigned them to this lobbyist. Targets apply to the associated filing.
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2024 · first_quarter · 1T
1.Tribal Cannabis Legalization Independent of State regulations options 2.Guaranteed Hemp Revenue for Farmers Act - Allowing Hemp that tests above the 0.3 THC level, produces a Delta variant that is ruled illegal via the DEA and FDA and Hemp harvested via plant crops in the EPAs Ecological reuse programs to be repurposed for Industrial Hemp Product production, non-Consumable products or foods (increasing revenue opportunities for Minority Hemp farmers specifically). 3.Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
Source: Senate LDA
Free to Grow Act of 2023
Client: MINORITIES FOR MEDICAL MARIJUANA · Firm: BANKS & COMPANY, LLC
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Free to Grow Act of 2023
Client: MINORITIES FOR MEDICAL MARIJUANA · Firm: BANKS & COMPANY, LLC
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Free to Grow Act of 2023
Client: MINORITIES FOR MEDICAL MARIJUANA · Firm: BANKS & COMPANY, LLC
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Free to Grow Act of 2023
Client: MINORITIES FOR MEDICAL MARIJUANA · Firm: BANKS & COMPANY, LLC
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Increasing economic opportunities for Minority Depository Institutions and Minority owned Media businesses with the Cannabis and Hemp Industry 1. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses. 2. Safe Advertising Act - Senator Ben Ray Lujans Bill - Summary: The Secure and Fair Enforcement (SAFE) Advertising Act, which will permit radio and television stations to accept advertising for legal cannabis products if the station is licensed in states that permit the advertising of medical or adult-use cannabis. The SAFE Advertising Act removes the risk that stations could lose their licenses if they accept ads for legal cannabis products. For stations in states that have not legalized cannabis advertising, the legislation would leave the law as it is today and would not interfere with state regulation of cannabis advertising. Legislation to protect broadcasters from penalty and provide advertising services on-air for Cannabis Companies, which opens up advertising opportunities for Black and Minority Media organizations with the Cannabis Industry. 3. Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
1. SAFE Banking Act; 2. The CLIMB Act To amend any applicable federal law to permit access to community development, small business, minority development, and any other public or private financial capital sources for investment in and financing of cannabis-related legitimate businesses, and to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses. 3. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses.
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2023 · fourth_quarter · Q4
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
1. SAFE Banking Act; 2. The CLIMB Act To amend any applicable federal law to permit access to community development, small business, minority development, and any other public or private financial capital sources for investment in and financing of cannabis-related legitimate businesses, and to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses. 3. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses.
Increasing economic opportunities for Minority Depository Institutions and Minority owned Media businesses with the Cannabis and Hemp Industry 1. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses. 2. Safe Advertising Act - Senator Ben Ray Lujans Bill - Summary: The Secure and Fair Enforcement (SAFE) Advertising Act, which will permit radio and television stations to accept advertising for legal cannabis products if the station is licensed in states that permit the advertising of medical or adult-use cannabis. The SAFE Advertising Act removes the risk that stations could lose their licenses if they accept ads for legal cannabis products. For stations in states that have not legalized cannabis advertising, the legislation would leave the law as it is today and would not interfere with state regulation of cannabis advertising. Legislation to protect broadcasters from penalty and provide advertising services on-air for Cannabis Companies, which opens up advertising opportunities for Black and Minority Media organizations with the Cannabis Industry. 3. Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
1.Tribal Cannabis Legalization Independent of State regulations options 2.Guaranteed Hemp Revenue for Farmers Act - Allowing Hemp that tests above the 0.3 THC level, produces a Delta variant that is ruled illegal via the DEA and FDA and Hemp harvested via plant crops in the EPAs Ecological reuse programs to be repurposed for Industrial Hemp Product production, non-Consumable products or foods (increasing revenue opportunities for Minority Hemp farmers specifically). 3.Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2023 · third_quarter · Q3
1.Tribal Cannabis Legalization Independent of State regulations options 2.Guaranteed Hemp Revenue for Farmers Act - Allowing Hemp that tests above the 0.3 THC level, produces a Delta variant that is ruled illegal via the DEA and FDA and Hemp harvested via plant crops in the EPAs Ecological reuse programs to be repurposed for Industrial Hemp Product production, non-Consumable products or foods (increasing revenue opportunities for Minority Hemp farmers specifically). 3.Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
Increasing economic opportunities for Minority Depository Institutions and Minority owned Media businesses with the Cannabis and Hemp Industry 1. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses. 2. Safe Advertising Act - Senator Ben Ray Lujans Bill - Summary: The Secure and Fair Enforcement (SAFE) Advertising Act, which will permit radio and television stations to accept advertising for legal cannabis products if the station is licensed in states that permit the advertising of medical or adult-use cannabis. The SAFE Advertising Act removes the risk that stations could lose their licenses if they accept ads for legal cannabis products. For stations in states that have not legalized cannabis advertising, the legislation would leave the law as it is today and would not interfere with state regulation of cannabis advertising. Legislation to protect broadcasters from penalty and provide advertising services on-air for Cannabis Companies, which opens up advertising opportunities for Black and Minority Media organizations with the Cannabis Industry. 3. Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
1. SAFE Banking Act; 2. The CLIMB Act To amend any applicable federal law to permit access to community development, small business, minority development, and any other public or private financial capital sources for investment in and financing of cannabis-related legitimate businesses, and to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses. 3. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses.
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2023 · second_quarter · Q2
1. SAFE Banking Act; 2. The CLIMB Act To amend any applicable federal law to permit access to community development, small business, minority development, and any other public or private financial capital sources for investment in and financing of cannabis-related legitimate businesses, and to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses. 3. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses.
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Increasing economic opportunities for Minority Depository Institutions and Minority owned Media businesses with the Cannabis and Hemp Industry 1. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses. 2. Safe Advertising Act - Senator Ben Ray Lujans Bill - Summary: The Secure and Fair Enforcement (SAFE) Advertising Act, which will permit radio and television stations to accept advertising for legal cannabis products if the station is licensed in states that permit the advertising of medical or adult-use cannabis. The SAFE Advertising Act removes the risk that stations could lose their licenses if they accept ads for legal cannabis products. For stations in states that have not legalized cannabis advertising, the legislation would leave the law as it is today and would not interfere with state regulation of cannabis advertising. Legislation to protect broadcasters from penalty and provide advertising services on-air for Cannabis Companies, which opens up advertising opportunities for Black and Minority Media organizations with the Cannabis Industry. 3. Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
1.Tribal Cannabis Legalization Independent of State regulations options 2.Guaranteed Hemp Revenue for Farmers Act - Allowing Hemp that tests above the 0.3 THC level, produces a Delta variant that is ruled illegal via the DEA and FDA and Hemp harvested via plant crops in the EPAs Ecological reuse programs to be repurposed for Industrial Hemp Product production, non-Consumable products or foods (increasing revenue opportunities for Minority Hemp farmers specifically). 3.Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2023 · first_quarter · Q1
1. SAFE Banking Act; 2. The CLIMB Act To amend any applicable federal law to permit access to community development, small business, minority development, and any other public or private financial capital sources for investment in and financing of cannabis-related legitimate businesses, and to amend the Securities Exchange Act of 1934 to create a safe harbor for national securities exchanges to list the securities of issuers that are cannabis-related legitimate businesses. 3. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses.
We are advocating for the following amendments for the 2023 Farm Bill and Marijuana policy: 1. Hemp for American Made Biofuel Production Act - Adding Hemp to the US Biofuel production programs as a strategy to for increasing Hemp licensed Producers and diversifying our clean energy sources for ethanol/auto fuel, blended biofuel, aviation fuel, home heating, commercial heating and other fuel based applications. 2. Rep. David Trones Free to Grow Act - H.R.1428 - To amend the Agricultural Marketing Act of 1946 to repeal the prohibition for certain individuals convicted of a felony offense to participate in hemp production - Removing the 10-year felony ban for employment or becoming a licensee in the Hemp industry. 3. Add statutory language via the 2023 Farm Bill and Environmental Protection Agency regulatory rule to add Hemp as an EPA defined Native Plant to the Environmental Protection Agencys: oSuperfund Redevelopment Program Ecological reuse oEcological restoration and revegetation of contaminated sites oEcosystem services (ES) oGreen Remediation oRevegetating Landfills and oWaste Containment Areas as a plant crop that can be incorporated into site remediation plans for Superfund and Legacy toxic landfill sites. 4. Crop Insurance reform legislation and State implementation of Hemp programs - making Crop Insurance more accessible and cost effective to minority farmers and providing relief for failed Hemp crop production and/or loss valuation. 5. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. 6. Ensure the applicability of Hemp as an eligible environmental Construction product for the Environmental Product Information Program. This program provides $250 million to support the development and enhanced standardization and transparency of environmental product declaration for construction materials and products. 7. Harnessing Opportunities by Pursuing Expungement Act of 2023 (HOPE Act) - Rep. David Joyce and Rep. Alexandria Ocasio Cortez Bill Summary: This bill authorizes the Department of Justice (DOJ) to make grants to states and local governments to reduce the financial and administrative burden of expunging convictions for state cannabis offenses. The bill also requires DOJ to study and report on (1) the effects on an individual of a criminal record report of a conviction for a criminal offense related to cannabis, and (2) the costs incurred for incarcerating an individual for a criminal offense related to cannabis. 12. Clean Slate Act - Rep. Lisa Blount-Rochester D-DE-At Larges Bill Summary: Establishes a framework for sealing records related to certain federal criminal offenses. Courts must automatically seal records related to (1) a conviction for simple possession of a controlled substance or for any nonviolent offense involving marijuana, or (2) an arrest for an offense that does not result in a conviction. Additionally, an individual who meets certain criteria may petition to seal records related to a conviction for other nonviolent offenses.
Increasing economic opportunities for Minority Depository Institutions and Minority owned Media businesses with the Cannabis and Hemp Industry 1. Amending 2014 FINCEN Treasury guidelines for banking Marijuana-related businesses and 2015 Federal Reserve depository guidelines for Marijuana-related businesses - M4MMs proposed amendments to Department of Treasury and Commerce rules and Fed Reserve depository rules for marijuana related business banking to provide regulatory financial resources for MDIs and CDFIs to provide compliant Marijuana-related banking and open Cross-Border jurisdiction depository rules for MDIs, CDFIs and Marijuana-related businesses. 2. Safe Advertising Act - Senator Ben Ray Lujans Bill - Summary: The Secure and Fair Enforcement (SAFE) Advertising Act, which will permit radio and television stations to accept advertising for legal cannabis products if the station is licensed in states that permit the advertising of medical or adult-use cannabis. The SAFE Advertising Act removes the risk that stations could lose their licenses if they accept ads for legal cannabis products. For stations in states that have not legalized cannabis advertising, the legislation would leave the law as it is today and would not interfere with state regulation of cannabis advertising. Legislation to protect broadcasters from penalty and provide advertising services on-air for Cannabis Companies, which opens up advertising opportunities for Black and Minority Media organizations with the Cannabis Industry. 3. Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
1.Tribal Cannabis Legalization Independent of State regulations options 2.Guaranteed Hemp Revenue for Farmers Act - Allowing Hemp that tests above the 0.3 THC level, produces a Delta variant that is ruled illegal via the DEA and FDA and Hemp harvested via plant crops in the EPAs Ecological reuse programs to be repurposed for Industrial Hemp Product production, non-Consumable products or foods (increasing revenue opportunities for Minority Hemp farmers specifically). 3.Creating 420 Industrial Hemp Processors in four years Act - Currently, there are only 20 operating Hemp Processors in America, which doesnt the support the development of Industrial Hemp products for domestic usage and exporting opportunities. Providing investment and regulatory support to increase the number of Hemp licensed Processors for the Industrial Hemp Sector and creating new Hemp exporting opportunities (working with the Department of Commerce Global Export Diversity coordinator). Provide funding allocations for lending vehicle through MDIs and CDFIs for capital access for interested Hemp Processors.
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2022 · fourth_quarter · Q4
Tribal nations freedom to legalize Cannabis Independent of State regulations Safe Advertising for Cannabis and Hemp specific advertising. Commercial Hemp Policy and Administrative rules: Add legislative provisions to the next Farm Bill, to strengthen the Statutory structure for Commercial and Industrial Hemp Production: Investment in Hemp Fiber processing equipment development and production to increase the Producer licensees and increase marketable and exportable products for Hemp farmers. Economic development vehicles via Hemp Producer licenses, opportunity zones and urban development Crop Insurance reform legislation and State implementation of Hemp programs - making it more accessible and cost effective to the minority farmers. Increase access for Hemp in the USDA BioPreferred Program designates categories for federal purchasing as well as identifies certification categories for the voluntary labeling initiative. Unique biobased content minimums have been established as part of the process of designating categories for federal purchasing preference. Categories that only fall under the voluntary labeling initiative have a minimum biobased content of 25%. Propose statutory language in TITLE VII - Research, TITLE X - Horticulture and TITLE XI - Crop Insurance of the 2023 Farm Bill to expand Federal support for Industrial Hemp product development.
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2022 · third_quarter · Q3
In the MORE Act, CAO Act and any Cannabis based policy legislation, M4MM wants to codify Deposit banking of Federal Tax proceeds in Minority Depository Institutions (MDI) and Encourage Cannabis Related Businesses to establish banking relationships with MDIs. M4MM believes that each Act provides an additional opportunity to strengthen African American and other Minority Owned Financial Institutions by integrating them into the banking services model for the Commercial Cannabis Industry. M4MM recommends establishing a depository relationship for tax proceeds with Minority Financial Institutions and directing SBA lending activity through Minority Financial Institutions. In absence of federal decriminalization/legalization, ease any restrictions that exist on financial institutions from using licensed Cannabis business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes. Commercial Hemp Policy and Administrative rules: Ensure the application of banking and financial services for Hemp licensed business is equal and unfettered Direct the Treasury Department & Federal Reserve to engage Minority Depository Institutions to become depository institutions for Hemp banking
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2022 · second_quarter · Q2
In The Cannabis Administration and Opportunity Act (CAO Act), The MORE Act, the STATES Act, the State Reform Act and The SAFE Banking Act and other Marijuana related bills advocate for the following modifications Strengthening the Community Reinvestment Grant Program: Adding verbiage by including additional program activities through Statute to include: Supplier diversity programming within the equipment, product materials and trucking/transportation sector, to better distribute the overall economic impacts through Minority, women, disabled and veteran owned supply chain vendors. Social Equity Employment to Ownership (SEEO) - programming for social equity individuals who lack direct financial and professional operational experience to start a licensed business. but meet a multitude of key Social Equity and social economic criteria as an eligible employee to ownership candidate. Prisoner Re-Entry to Employment Program (PREEP) - Establishment of direct training and placement programs for persons soon to be returning from the Corrections System (six months to release) and those in Prison Re-Entry programming with in-facility Horticultural Certificate training for and hiring placement Establishment of Equal Employment Opportunity Commission and employee rights divisions within State Regulatory Agencies to protect Cannabis workers from unsafe and predatory employment environments Higher Education partnerships with Minority Colleges & Universities for Cannabis Research Integrate Medical Cannabis licensees into the research funding opportunities by incentivizing partnerships between licensees and research universities and/or have Clinical Registrant licenses. Enter research partnerships with Historically Black Colleges and Universities, Tribal Colleges and Universities, and institutions such as Hispanic-serving institutions, Asian American and Native American Pacific Islander-serving institutions, and other Minority-Serving Institutions for Medical Cannabis research studies. Commercial Hemp Policy and Administrative rules: Add language to direct USDA lending activity through Minority Depository Institutions and inflows of dollars for loans and investment to support Socially & Economically Disadvantaged Hemp farmers and agribusinesses Ease any restrictions that exist on financial institutions from using licensed Hemp business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes Add clear language to make hemp farmers and agribusinesses eligible for grants, loans and support programs through the USDA
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2022 · first_quarter · Q1
In The Cannabis Administration and Opportunity Act (CAO Act), The MORE Act, the STATES Act, the State Reform Act and The SAFE Banking Act and other Marijuana related bills advocate for the following modifications Strengthening the Community Reinvestment Grant Program: Adding verbiage by including additional program activities through Statute to include: Supplier diversity programming within the equipment, product materials and trucking/transportation sector, to better distribute the overall economic impacts through Minority, women, disabled and veteran owned supply chain vendors. Social Equity Employment to Ownership (SEEO) - programming for social equity individuals who lack direct financial and professional operational experience to start a licensed business. but meet a multitude of key Social Equity and social economic criteria as an eligible employee to ownership candidate. Prisoner Re-Entry to Employment Program (PREEP) - Establishment of direct training and placement programs for persons soon to be returning from the Corrections System (six months to release) and those in Prison Re-Entry programming with in-facility Horticultural Certificate training for and hiring placement Establishment of Equal Employment Opportunity Commission and employee rights divisions within State Regulatory Agencies to protect Cannabis workers from unsafe and predatory employment environments Higher Education partnerships with Minority Colleges & Universities for Cannabis Research Integrate Medical Cannabis licensees into the research funding opportunities by incentivizing partnerships between licensees and research universities and/or have Clinical Registrant licenses. Enter research partnerships with Historically Black Colleges and Universities, Tribal Colleges and Universities, and institutions such as Hispanic-serving institutions, Asian American and Native American Pacific Islander-serving institutions, and other Minority-Serving Institutions for Medical Cannabis research studies. Commercial Hemp Policy and Administrative rules: Add language to direct USDA lending activity through Minority Depository Institutions and inflows of dollars for loans and investment to support Socially & Economically Disadvantaged Hemp farmers and agribusinesses Ease any restrictions that exist on financial institutions from using licensed Hemp business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes Add clear language to make hemp farmers and agribusinesses eligible for grants, loans and support programs through the USDA
MINORITIES FOR MEDICAL MARIJUANA via BANKS & COMPANY, LLC
2022 · first_quarter · RR
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
In the MORE Act, CAO Act and any Cannabis based policy legislation, M4MM wants to codify Deposit banking of Federal Tax proceeds in Minority Depository Institutions (MDI) and Encourage Cannabis Related Businesses to establish banking relationships with MDIs. M4MM believes that each Act provides an additional opportunity to strengthen African American and other Minority Owned Financial Institutions by integrating them into the banking services model for the Commercial Cannabis Industry. M4MM recommends establishing a depository relationship for tax proceeds with Minority Financial Institutions and directing SBA lending activity through Minority Financial Institutions. In absence of federal decriminalization/legalization, ease any restrictions that exist on financial institutions from using licensed Cannabis business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes. Commercial Hemp Policy and Administrative rules: Ensure the application of banking and financial services for Hemp licensed business is equal and unfettered Direct the Treasury Department & Federal Reserve to engage Minority Depository Institutions to become depository institutions for Hemp banking
M4MM recommended improvements to the current package of Federal legislative bills: Codify Deposit banking of Federal Tax proceeds in Minority Depository Institutions (MDI) and Encourage Cannabis Related Businesses to establish banking relationships with MDIs Depository relationship for Opportunity Trust Funds into Minority Financial Institutions - Add language to direct the Treasury Department & Federal Reserve to engage Minority Depository Institutions to establish unique depository institution service for 45% of Cannabis tax receipts and appropriations allocations as identified in SEC. 9512 for the expressed purpose of strengthening the balance sheet and intra-banking lending for MDI's to expand their banking portfolio of services to underserved and disproportionately impacted communities. Add language to tie depository percentages to African American, Latino American, Asian American, Native American & Multi-Racial American MDI Banks. Add this to any related omnibus legalization, CAO Act, MORE Act, States Reform Act. Proposed rule change to Department of Treasury February 14, 2014 BSA Expectations Regarding Marijuana-Related Businesses (MRB) guidance memo, FIN-2014-G001 Understanding the difficult path for passage of the Safe Banking Act in the Senate, M4MM is also seeking to introduce language to the Department of Treasury to provide regulatory cost support, facility support for lending activities and streamlining reporting requirements for banking in States that have legalized Medical and/or Adult-Use Marijuana for Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs) to provide banking services to Marijuana-Related businesses in their States and expand to other states for the purposes of providing banking services to Marijuana-Related businesses through amending the following Treasury and FDIC guidances: Department of Treasury February 14, 2014 BSA Expectations Regarding Marijuana-Related Businesses (MRB) guidance memo, FIN-2014-G001 the FDIC Statement on Providing Banking Services - Financial Institution Letters (FIL) -5-2015 (January 28, 2015) and Guidance Clarification from Department of Treasurys FinCEN Division- Updating Marijuana Limited SARs for MRBs - June 27, 2018.
In The Cannabis Administration and Opportunity Act (CAO Act), The MORE Act, the STATES Act, the State Reform Act and The SAFE Banking Act and other Marijuana related bills advocate for the following modifications Strengthening the Community Reinvestment Grant Program: Adding verbiage by including additional program activities through Statute to include: Supplier diversity programming within the equipment, product materials and trucking/transportation sector, to better distribute the overall economic impacts through Minority, women, disabled and veteran owned supply chain vendors. Social Equity Employment to Ownership (SEEO) - programming for social equity individuals who lack direct financial and professional operational experience to start a licensed business. but meet a multitude of key Social Equity and social economic criteria as an eligible employee to ownership candidate. Prisoner Re-Entry to Employment Program (PREEP) - Establishment of direct training and placement programs for persons soon to be returning from the Corrections System (six months to release) and those in Prison Re-Entry programming with in-facility Horticultural Certificate training for and hiring placement Establishment of Equal Employment Opportunity Commission and employee rights divisions within State Regulatory Agencies to protect Cannabis workers from unsafe and predatory employment environments Higher Education partnerships with Minority Colleges & Universities for Cannabis Research Integrate Medical Cannabis licensees into the research funding opportunities by incentivizing partnerships between licensees and research universities and/or have Clinical Registrant licenses. Enter research partnerships with Historically Black Colleges and Universities, Tribal Colleges and Universities, and institutions such as Hispanic-serving institutions, Asian American and Native American Pacific Islander-serving institutions, and other Minority-Serving Institutions for Medical Cannabis research studies. Commercial Hemp Policy and Administrative rules: Add language to direct USDA lending activity through Minority Depository Institutions and inflows of dollars for loans and investment to support Socially & Economically Disadvantaged Hemp farmers and agribusinesses Ease any restrictions that exist on financial institutions from using licensed Hemp business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes Add clear language to make hemp farmers and agribusinesses eligible for grants, loans and support programs through the USDA
Filing targets: Agriculture, Dept of (USDA), Bureau of Indian Affairs (BIA), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Minority Business Development Agency, SENATE, Treasury, Dept of
In The Cannabis Administration and Opportunity Act (CAO Act), The MORE Act, the STATES Act, the State Reform Act and The SAFE Banking Act and other Marijuana related bills advocate for the following modifications Strengthening the Community Reinvestment Grant Program: Adding verbiage by including additional program activities through Statute to include: Supplier diversity programming within the equipment, product materials and trucking/transportation sector, to better distribute the overall economic impacts through Minority, women, disabled and veteran owned supply chain vendors. Social Equity Employment to Ownership (SEEO) - programming for social equity individuals who lack direct financial and professional operational experience to start a licensed business. but meet a multitude of key Social Equity and social economic criteria as an eligible employee to ownership candidate. Prisoner Re-Entry to Employment Program (PREEP) - Establishment of direct training and placement programs for persons soon to be returning from the Corrections System (six months to release) and those in Prison Re-Entry programming with in-facility Horticultural Certificate training for and hiring placement Establishment of Equal Employment Opportunity Commission and employee rights divisions within State Regulatory Agencies to protect Cannabis workers from unsafe and predatory employment environments Higher Education partnerships with Minority Colleges & Universities for Cannabis Research Integrate Medical Cannabis licensees into the research funding opportunities by incentivizing partnerships between licensees and research universities and/or have Clinical Registrant licenses. Enter research partnerships with Historically Black Colleges and Universities, Tribal Colleges and Universities, and institutions such as Hispanic-serving institutions, Asian American and Native American Pacific Islander-serving institutions, and other Minority-Serving Institutions for Medical Cannabis research studies. Commercial Hemp Policy and Administrative rules: Add language to direct USDA lending activity through Minority Depository Institutions and inflows of dollars for loans and investment to support Socially & Economically Disadvantaged Hemp farmers and agribusinesses Ease any restrictions that exist on financial institutions from using licensed Hemp business deposits as a part of their normal external lending portfolio and intra-bank lending assets and notes Add clear language to make hemp farmers and agribusinesses eligible for grants, loans and support programs through the USDA
Filing targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
Filing targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE
Filing targets: HOUSE OF REPRESENTATIVES, SENATE
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts
Engaging Federal Legislative & Agency stakeholders on Cannabis & Hemp policy. Ensure equitable opportunity in the Hemp & Cannabis Industry & for persons coming from communities disproportionately impacted by the enforcement of previous Cannabis prohibition laws. Our issue pillars include: Licensing Structure and Process. Increasing the share of Minority Owner-Operators licensees. Economic Inclusion and Expansion. Employment and Professional Mobility. Supplier Diversity & Revenue Opportunity. Improving Health Outcomes. Municipal empowerment, especially for Minority Majority Municipalities and Counties. Restorative Social and Economic Justice Impacts