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Licensed to practice since 2008, Thomas Howard has represented numerous financial institutions in litigation to enforce their security interests.

Illinois Cannabis Banking Law

Illinois Cannabis Banking Act Bills Introduced to Make Cannabis Bankable

Big news!  Illinois has introduced two new bills to make lending to cannabis businesses “safe and sound” banking practices. For those of you that don’t know, I’m a bank lawyer that has been expanding into the cannabis space in Illinois for the past few years.  All my clients, or most, did not want to touch …

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Illinois Cannabis Update

Illinois Cannabis Legalization Update

https://www.youtube.com/watch?v=aWOYhqoV1V8 Illinois is one of the fastest moving cannabis legalization states in the country. So a lawyer from Peoria Illinois offers this video and blog post rundown. This post is going to cover its big three. Adult use, hemp & medical marijuana. Illinois Cannabis Update – Medical Marijuana Since it passage in 2015, Illinois has …

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HR 420

HR -420 – Regulate Cannabis Like Alcohol Bill

What does HR 420 do? Answer: Regulate Cannabis Like Alcohol by: Move Cannabis out of Controlled Substances Act Expand the ATF to include Cannabis Fix numerous federal crimes related to cannabis House Resolution – 420 On January 9, 2019, Oregon Congressman, Earl Blumenauer, introduced the Regulate Marijuana Like Alcohol Act.  If passed, it will end …

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marijuana stocks

Sneaky Trick Cannabis Companies Use to Get Listed on marijuana Stock Exchanges

How do cannabis companies trade stocks? Thomas Howard, former stock broker & current cannabis attorney explains. A Rising Star and Emerging Lawyer, which only 2% of all attorneys receive. Practicing in contract litigation with a concentration on cannabis businesses. Marijuana companies route through Canada on their way to US Markets. Cannabis Lawyer Video Summary 1. …

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IRC 280E Medical Marijuana

IRC 280E & Defunded War on Medical Marijuana Analysis

IRC 280E & Medical Cannabis Cash is king – especially in the legal cannabis industry that has problems accessing banking. The Controlled Substances Act (CSA) expressly prohibits possession and commerce in marijuana. 21 U.S.C. §§ 841(a)(1), 846.  All marijuana is prohibited, no exceptions. However, a different law that authorizes federal funds to the Department of …

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