Ward and Smith's Hemp and Cannabis Law attorneys recently attended the fifth annual Industrial Hemp Summit. After another year of adjustments and uncertainty caused by COVID-19 and other global factors, it was refreshing to...more
For some time, North Carolina's hemp farmers and growers have questioned the fate of our hemp cultivation pilot program, authorized and adopted under the Agricultural Act of 2014 ("2014 Farm Bill"), and how the eventual end...more
The Agriculture Improvement Act of 2018 ("Farm Bill") became law more than two years ago, decriminalizing hemp and its derivatives and opening the door for American farmers, manufacturers and retailers to create and explore...more
4/29/2021
/ Banks ,
BSA/AML ,
Credit Unions ,
Farm Bill ,
Federal Bank Regulatory Agencies ,
Financial Institutions ,
Financial Services Industry ,
Hemp ,
Hemp Related Businesses ,
Suspicious Activity Reports (SARs) ,
USDA
For months, farmers and growers of hemp have faced a difficult decision: What to do at the end of October as the North Carolina industrial hemp pilot program expires and we phase into hemp production under the USDA's Interim...more
The Coronavirus has been largely indiscriminate in its assault on the business community.
Agriculture is no exception. It is true that many "agribusinesses," especially those directly involved in food production and...more
On October 31, 2019, the United States Department of Agriculture ("USDA") published its Interim Final Rule establishing the nation's Domestic Hemp Production Program, and providing regulations on testing, sampling, and the...more
Hemp was decriminalized with the passage of the Agriculture Improvement Act of 2018, a.k.a. the "2018 Farm Bill."
While the 2018 Farm Bill decriminalized hemp and distinguished it from marijuana, it did not resolve all...more
The Transportation Security Administration (TSA) recently changed its policy on hemp-derived products.
Products and medications that contain lawfully produced hemp-derived cannabidiol (CBD) are now permitted on flights....more
6/7/2019
/ Agricultural Sector ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Decriminalization of Marijuana ,
Farm Bill ,
Food and Drug Administration (FDA) ,
Hemp ,
Interstate Commerce ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Public Comment ,
Public Hearing ,
Regulatory Oversight ,
USDA