News & Analysis as of

U.S. Department of Agriculture Hemp Related Businesses

King & Spalding

Congressional Crack Down on Hemp Loophole? Significant Changes Loom for Hemp Industry

King & Spalding on

The House Committee on Appropriations approved legislation that would prohibit the production, distribution, and sale of hemp-derived delta-9 tetrahydrocannabinol (“THC”) and related cannabinoids at the federal level. If the...more

Perkins Coie

Cannabis Legal Report – September 2023

Perkins Coie on

New York State Regulators Approve Final Adult-Use Regulations as Judge Bars New York State From Issuing New Cannabis Licenses - On September 12, state regulators approved final adult-use regulations and set October 4 as...more

Royer Cooper Cohen Braunfeld LLC

The Tip of the Spear Piercing the Regulated Cannabis Industry: How Intoxicating Hemp Cannabinoids and the Illicit Market Pose...

Consumer demand and public support for cannabis legalization has led to sweeping reform across the Country. Unfortunately, this appetite combined with a lack of access to regulated marijuana has perpetuated both a robust and...more

Ward and Smith, P.A.

Takeaways from the 2022 Industrial Hemp Summit

Ward and Smith, P.A. on

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

Kelley Drye & Warren LLP

CBD and Hemp Legal and Regulatory Roundup – September 2021

Welcome to our weekly roundup of CBD and hemp-related legal and regulatory news: Hemp - USDA will survey hemp producers - The USDA is expected to conduct its first hemp acreage and production survey. Sent to those...more

Kelley Drye & Warren LLP

CBD and Hemp Legal and Regulatory Roundup – August 2021

Welcome to our weekly roundup of CBD and hemp-related legal and regulatory news: CBD - Radicle Science study will evaluate effectiveness of various CBD products - Radicle Science, a healthtech B-corp that validates...more

Vicente LLP

Massachusetts Cannabis Retailers Can Now Sell Hemp Products: What Retailers Need To Know

Vicente LLP on

The Massachusetts Cannabis Control Commission recently voted to issue Guidance for the Retail Sale of Hemp to clarify requirements and restrictions on the retail sale of certain types of hemp products by licensed adult-use...more

Schwabe, Williamson & Wyatt PC

Hemp: Challenges and Opportunities in a Budding Industry

On May 12, Schwabe collaborated with Moss Adams to host a virtual roundtable that explored legal realities around owning and operating a hemp business in Oregon. Schwabe attorneys Lisa Schaures and Joe Hobson were joined by...more

Ward and Smith, P.A.

Banking on Hemp: Financial Services for a Growing Industry

Ward and Smith, P.A. on

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

Husch Blackwell LLP

USDA Final Rule Takes Effect

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In our previous post, we highlighted that the United Stated Department of Agriculture (“USDA”) published its final rule (the “Final Rule”) regulating the production of industrial hemp under the Agriculture Improvement Act of...more

Snell & Wilmer

Ownership and Financial Interest Issues in Cross-Borders Cannabis and Hemp Transactions

Snell & Wilmer on

The legalization of cannabis in Canada at a time when the Controlled Substances Act still applies in the United States has created a unique situation where Canada’s stock exchanges are attractive for United States cannabis...more

Hogan Lovells

USDA and DEA interim final rules on hemp – Major issues remaining to be resolved

Hogan Lovells on

While the hemp industry eagerly awaits FDA’s Cannabidiol (CBD) Enforcement Policy draft guidance, both the United States Department of Agriculture (USDA) and Drug Enforcement Agency (DEA) have active comment periods ongoing...more

Bradley Arant Boult Cummings LLP

11 Legal Considerations When Starting a Hemp Business in Mississippi

Now that Mississippi has enacted legislation legalizing the cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking about...more

White & Case LLP

Hemp Businesses and Financial Institution Due Diligence

White & Case LLP on

On June 29, 2020, the Financial Crimes Enforcement Network (FinCEN) issued guidance explaining how financial institutions can conduct due diligence for hemp-related businesses and identifying the type of information and...more

Foley & Lardner LLP

FinCEN Issues Updated Guidance for Due Diligence of Hemp Businesses

Foley & Lardner LLP on

The Financial Crimes Enforcement Network (“FinCEN”) recently released guidance for bank and financial institutions regarding the requirements and obligations for financial institutions under the Bank Secrecy Act (BSA) and...more

Ballard Spahr LLP

The Banking of Cannabis and Hemp-Related Customers: An Update

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We are really pleased to presenting on July 9, 2020 to the National Association of Federally-Insured Credit Unions (“NAFCU”) on banking issues relating to cannabis. The cannabis and hemp industry continues to pose a...more

International Cannabis Bar Association...

[Virtual Event] The Cannabis Regulatory Rounds - July 24th, 9:00 am - 3:10 pm PST

Join INCBA for our third annual presentation of The Cannabis Regulatory Rounds. We will present five hours of CLE focused on emerging issues in the US and Global Cannabis Markets... Regulating Alternative Means of...more

Holland & Knight LLP

Treasury Department Issues New Guidance on Hemp Banking

Holland & Knight LLP on

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, issued new guidelines on June 29, 2020, for providing banking services to the hemp industry. Hemp that meets the low-THC...more

Seyfarth Shaw LLP

The Week in Weed: February 2020 #4

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Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. Let’s start in Kentucky where medical marijuana legalization passed the state House unanimously. ...more

Nutter McClennen & Fish LLP

Bank Report: December 2019

FDIC and OCC Propose CRA Modernization Rule with Opt-Out for Small Banks The FDIC and the OCC have jointly proposed amendments to modernize the agencies’ Community Reinvestment Act (“CRA”) regulations, which are intended...more

McDermott Will & Schulte

EPA Approves Use of 10 Pesticide Products on Hemp

McDermott Will & Schulte on

December 19th, 2019, the Environmental Protection Agency (EPA) announced its approval of 10 new pesticides for use on hemp products. EPA’s approval of nine biopesticides and one conventional pesticide provides greater...more

White & Case LLP

Federal Banking Agencies Open a Pathway to the Provision of Banking Services to Hemp-Related Businesses

White & Case LLP on

On December 3, 2019, in a rare public statement regarding the provision of banking services to cannabis- or hemp-related businesses, the Federal Banking Agencies, including the Board of Governors of the Federal Reserve...more

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