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Federal agencies clarify SAR filing requirements for financial services provided to hemp-related businesses

Cannabis Law Report

In February 2014, FinCEN issued guidance clarifying BSA expectations for financial institutions seeking to provide financial services to marijuana-related businesses (the 2014 Guidance). In addition, on December 20, 2018, the Agriculture Improvement Act of 2018 (the 2018 Farm Bill) was signed into law. Background.

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Top Five Hemp Purchase Order Terms

Canna Law Blog

A few weeks ago, we addressed the need for hemp sellers and purchaser to enter into agricultural production agreements (“APAs”), and in doing so, avoid unnecessary litigation. Until then (and for a year following the adoption of the USDA regulations), the 2014 Farm Bill remains in effect. 2. Testing Requirements. .

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Where Do Federal Agencies Stand on CBD?

Canna Law Blog

Department of Agriculture (“USDA”), the U.S. DEPARTMENT OF AGRICULTURE. other Federal laws [ i.e. , the 2014 Farm Bill]” (Emphasis added). other Federal laws [ i.e. , the 2014 Farm Bill]” (Emphasis added). See the Agriculture Improvement Act of 2018, Pub. Food and Drug Administration (“FDA”), the U.S.

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California Hemp Cultivation Law is About to Change, Again

Canna Law Blog

But if SB-153 is passed, it’ll add a brand new definition of “industrial hemp” to the Food & Agriculture Code, as follows: “Industrial hemp” means an agricultural product, whether growing or not, that is limited to types of the plant Cannabis sativa L. Department of Agriculture a hemp production plan.

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BREAKING: USDA Releases Hemp Rules

Canna Law Blog

Department of Agriculture (“USDA”) released its interim hemp rules. Remember that a felony conviction, at either the state or federal level, results in a 10-year ban from participating in the legal hemp industry, unless a person was lawfully growing hemp under the 2014 Farm Bill before December 20, 2018. Today, the U.S.

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Kight On Cannabis: USPS Publishes New Guidelines For Mailing Hemp & Hemp Products

Cannabis Law Report

The new publication states: “Hemp and hemp-based products, including cannabidiol (CBD) with the tetrahydrocannabinol (THC) concentration of such hemp (or its derivatives) not exceeding a 0.3 He works closely with clients to develop compliance strategies. June 13, 2019. You can contact us by clicking here.

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Hemp CBD Across State Lines: Rhode Island

Canna Law Blog

The Agriculture Improvement Act of 2018 ( 2018 Farm Bill ) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (CSA) and by providing a detailed framework for the cultivation of hemp. The Hemp Growth Act was enacted in 2016 under the 2014 Farm Bill.

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