House Passes Marijuana Banking Bill in Historic Vote

House Passes Marijuana Banking Bill in Historic Vote

Yesterday, in a historic vote, the U.S. House of Representatives overwhelmingly  passed the Secure and Fair Enforcement (“SAFE”) Banking Act (House bill HR 1595), which would essentially provide state-legal marijuana businesses with full access to banks and other financial services, as well as allow consumers to use credit and debit cards when buying legal marijuana.

KSHB-TV, 41 Action News Features Kennyhertz Perry’s Jon Dedon

KSHB-TV, 41 Action News Features Kennyhertz Perry’s Jon Dedon

Kennyhertz Perry, LLC Attorney Jon Dedon was recently featured on 41 Action News regarding the medical marijuana industry in Missouri. It’s currently illegal to transport marijuana seeds into the state, and growers need to acquire seeds in order to start their potential businesses. You can watch the story in the link below: https://www.kshb.com/news/local-news/unofficial-immaculate-conception-policy-turns-blind-eye-on-transporting-marijuana-seeds-into-mo About Kennyhertz

FTC Sends Warning Letters to CBD Companies Advertising Treatments for Serious Diseases

FTC Sends Warning Letters to CBD Companies Advertising Treatments for Serious Diseases

The FTC announced today that it sent letters to multiple companies that sell CBD products, waring them that claims they made regarding CBD violate federal law.  These “warning letters” state that it is illegal to advertise that a product can prevent, treat, or cure human disease without competent and reliable scientific evidence to support such

CFTC and CME Charge Trader for Violations Related to Live Cattle Futures

CFTC and CME Charge Trader for Violations Related to Live Cattle Futures

The Chicago Mercantile Exchange (CME) and Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Nathan Harris, a registered trader, for fraud, unauthorized trading, and violating speculative position limits in live cattle futures contracts. It’s alleged that between January 2012 and August 2014, Harris engaged in fraud and unauthorized trading by

California’s College Athlete Name, Image, and Likeness Bill Amended to Prohibit Conflicts Between Athlete Contracts and University Contracts

California’s College Athlete Name, Image, and Likeness Bill Amended to Prohibit Conflicts Between Athlete Contracts and University Contracts

As it continues to move closer to becoming law, SB 206, the pending California bill that would allow college athletes to be compensated for the use of their names, images, and likenesses (NILs), has been amended.  Specifically, yesterday’s amendment states that an athlete cannot enter into a contract that provides compensation for the use of

Federal Judge Denies NCAA’s Request for Evidence Gathered in Connection with FBI’s College Basketball Investigation

Federal Judge Denies NCAA’s Request for Evidence Gathered in Connection with FBI’s College Basketball Investigation

In a development that likely hinders the NCAA’s ongoing investigations into several high-profile men’s basketball programs, a federal judge has denied the NCAA’s request seeking certain materials gathered by the FBI during its college basketball investigation and used during the subsequent trial. The NCAA was seeking 24 trial exhibits and an unredacted copy of a

FinCEN Adds Global Investigations Division to Combat Overseas Money Laundering

FinCEN Adds Global Investigations Division to Combat Overseas Money Laundering

The Financial Crimes Enforcement Network (“FinCEN”) unveiled its Global Investigations Division (“GID”), which will be responsible for both domestic and international investigation under the Bank Secrecy Act (“BSA”). GID will utilize FinCEN’s BSA authorities to investigate and target terrorist finance and money laundering threats, and GID will work with foreign counterparts to coordinate actions against

FDA Guidance on CBD Products Expedited to Fall

FDA Guidance on CBD Products Expedited to Fall

The FDA could begin enforcement actions against companies that manufacture, market, or sell CBD products as soon as this fall.  Previously, the FDA indicated that it was “expediting” its efforts to develop a comprehensive approach to CBD, which it hoped to release by fall. Last week, the head of the FDA’s division on CBD policy

Perry Quoted In Washington Examiner Article on Cyber Mischief in China

Perry Quoted In Washington Examiner Article on Cyber Mischief in China

A cybersecurity and regulatory attorney, Braden Perry is featured discussing the security concerns over Huawei and other Chinese companies in a Washington Examiner article. A number of U.S. policymakers have raised alarms that Huawei could potentially be growing in surveillance backdoors into it’s equipment, after President Trump issued a warning. to end an export license that