Canna Law Blog

FEBRUARY 1, 2019

Oregon hemp will see a little bit of each in 2019. Last year was a big one for the Oregon industrial hemp program. Indeed, the Agriculture Improvement Act of 2018, more famously known as the “ 2018 Farm Bill, ” became law last month. This post aims to answer this question. 5940) [the 2014 Farm Bill] is repealed.”

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Hemp Agriculture Programs Recreational 71

Canna Law Blog

FEBRUARY 2, 2022

The litigation fallout from the hemp rush continues to wind its way through state and federal courts. Just a few years ago everyone and their brother was hot on hemp. Investment capital flooded into Oregon and other states and the industry was awash in new Hemp/CBD farming, processing, manufacturing, and retail businesses.

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Hemp Business CBD Supply Chain 77

The Blunt Truth

SEPTEMBER 10, 2019

Following last year’s passage of the 2018 Farm Bill, the National Credit Union Administration (NCUA) issued a regulatory update in August of 2019 to federally insured credit unions. As to the effects of the 2018 Farm Bill, the NCUA highlighted three points.

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Hemp Business Compliance Compliance 78

Cannabis Law Report

MAY 19, 2022

Roundtable was dismayed when the Veterans Affairs’ Center for Verification and Evaluation denied verification as a Service-Disabled Veteran-Owned Small Business to Holistic Serendipity LLC dba Native Ceuticals Tampa, a business that sells legal hemp products. percent THC — defined as hemp under federal statutes.”. “By

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Hemp Business Advocacy Access 52

Veriheal

SEPTEMBER 19, 2022

In a blow to freedom and democracy, state lawmakers in Texas banned smokeable hemp. In what many consider an equally heinous move, the Texas Supreme Court upheld the decision to ban smokeable hemp. What’s the hangup with smokable hemp—and what does it mean for people in Texas? Hot Hemp and a History of Cannabis Issues.

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Hemp History Sativa THC 92

Cannabis Law Report

FEBRUARY 26, 2020

The 2018 Farm Bill legalized industrial hemp production throughout the United States. More than 1 in 4 Americans have tried CBD to relieve pain, stress, and anxiety ? By 2024, the CBD industry is projected to hit $20 billion. Source: [link]. Author:Azriel Adelberg. MSc Chemistry, University of California, Berkeley.

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Hemp Business CBD Legalization 94

Canna Law Blog

OCTOBER 4, 2023

It’s 2023 and many cannabis businesses are still missing one critical operating document: a privacy policy. Any cannabis business that operates in California and has a website is clearly subject to this requirement. In 2018, California passed the California Consumer Privacy Act (CCPA). And things are not getting better.

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Policy Business Data Collective 98

Canna Law Blog

DECEMBER 14, 2019

are clear: Oregon marijuana farmers who recently produced a 2x surplus of marijuana can switch to growing hemp for export markets, as long as Oregon hemp farmers can grow hemp strains that fit the definition of hemp under the newly released USDA interim final rules ; other U.S. are being scrutinized more closely.

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Hemp Business Agriculture Education 77

Peninsula Alternative Health

JANUARY 3, 2019

With the passing of the 2018 Farm Bill (also called the Agricultural Improvement Act of 2018), hemp or cannabis sativa has essentially become legal on the federal level, but there are still significant rules and regulations associated with hemp cultivation, processing, and distribution.

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Hemp Agriculture Programs CBD 75

Canna Law Blog

MARCH 2, 2020

hemp market continues to heat up for a variety of reasons, mainly because the general populace is finally starting to understand the difference between cannabis as marijuana and cannabis as hemp (and the benefits of CBD and other cannabinoids derived from cannabis). hemp producers’ gain. hemp producers’ gain.

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Hemp Packaging Agriculture Vaping 141

Canna Law Blog

FEBRUARY 28, 2022

businesses are marijuana related businesses (MRBs). Department of Justice on “Marijuana Related Financial Crimes” was rescinded in 2018 , the FinCen Memo has been the only game in town for federal banking guidance. These businesses are lower risk for banks than Tier I. All businesses are MRBs. Allow me to explain.

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Banking Business Marijuana Hydroponic 98

Cannabis Law Report

DECEMBER 14, 2019

On December 3, 2019, four federal agencies, in consultation with state banking regulators, clarified the legal status of hemp growth and production under the Bank Secrecy Act (BSA) for banks 1 providing financial services to hemp-related businesses. Background. state and federal regulation of marijuana.

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Hemp Business Banking Agriculture 59

Cannabis Law Report

APRIL 21, 2021

Since 2018, hemp farmers and CBD producers can apply for tax credits from the Federal Government. Click here to know… Read More.

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Hemp CBD Business 75

Canna Law Blog

AUGUST 18, 2022

International hemp is big business. There are all kinds opportunities around import, export , production, processing, and sale of international hemp and hemp products. is falling behind on hemp. “Hemp” now means any part of the cannabis plant with not more than.3% Here in the U.S.,

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Hemp Seed-To-Sale Cultivation Food 75

Canna Law Blog

NOVEMBER 20, 2020

As we’ve written about before , bankruptcy hasn’t been a viable option for cannabis businesses, including ancillary businesses that derive any portion of their revenue from cannabis. GenCanna was a vertically integrated hemp producer and CBD manufacturer. This case was particularly tumultuous since its filing in February 2020.

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Hemp Business DEA Banking 55

Cannabis Law Report

JANUARY 9, 2019

The hemp industry experienced a seismic shift with the passage of the 2018 Farm Bill: Cultivation of hemp is now federally legal, and so is hemp-derived CBD. Where are the new business opportunities? The state of retail – including the mainstream corporations eyeing hemp & CBD. Access Now ».

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Hemp Data Access Policy 40

Canna Law Blog

FEBRUARY 17, 2022

The battle to raise the limit of THC allowed in hemp from.3% The 2018 Farm Bill defined hemp as “[t]he plant species Cannabis sativa L. At the time we wrote, the USDA was still accepting comments on the interim final rules and we urged the hemp industry to lobby for changing the definition, which it did. 3% to 1%.

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THC Hemp Supply Chain Sativa 90

Canna Law Blog

AUGUST 23, 2019

Financial institutions that work with marijuana businesses must conduct due diligence to ensure that marijuana businesses are complying with state law. That has made it very difficult for many hemp and hemp-derived CBD (“Hemp-CBD”) businesses to access bank accounts. That is changing.

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Hemp Business Cultivation Banking 69

Canna Law Blog

OCTOBER 4, 2023

It’s 2023 and many cannabis businesses are still missing one critical operating document: a privacy policy. Any cannabis business that operates in California and has a website is clearly subject to this requirement. In 2018, California passed the California Consumer Privacy Act (CCPA). And things are not getting better.

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Policy Business Data Collective 72

Cannabis Law Report

MARCH 13, 2019

Here’s their press release in full…… DeJoy, Knauf & Blood LLP Launches Cannabis and Hemp Advisory Practice. DKB’s expertise and experience with other regulated industries, especially the alcoholic beverage market, can help make sure businesses get it right. ROCHESTER, N.Y., ROCHESTER, N.Y.,

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Hemp Business Banking Concentrates 71

Cannabis Law Report

MAY 15, 2023

Marijuana and hemp derivatives in tourism and hospitality is a rapidly growing industry, despite the current legal challenges. New businesses are constantly entering the arena, and consumers are traveling from near and far to purchase products.

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Hemp Legalization Marijuana Business 52

Canna Law Blog

MARCH 8, 2020

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. Today we turn to Pennsylvania.

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Hemp CBD Agriculture Cultivation 93

Canna Law Blog

JUNE 30, 2022

The Texas Supreme Court recently upheld the state’s smokable hemp ban. This is bad news for the smokable hemp industry inside and outside of Texas. As our readers know, the federal 2018 Farm Bill classified “hemp” as an agricultural product and removed hemp from schedule I of the federal Controlled Substances Act.

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Hemp Agriculture History Business 71

Cannabis Law Report

SEPTEMBER 22, 2021

From head shops to grocery stores , many Madison businesses have found recent success selling delta-8-hemp — a substance found in small quantities in cannabis plants. Senate passed the 2018 Farm Bill legalizing hemp and cannabis derivatives with low concentrations of delta-8-THC, according to the FDA.

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THC Business Legalization Marijuana 104

Greenspoon Marder Cannabis Law Group Blog

JUNE 27, 2019

The United States Department of Agriculture announced on Monday that it is aiming to release its “Interim Final Rule” for the establishment of a domestic hemp production program in August of 2019. According to the notice, “This action will initiate a new part 990 establishing rules and regulations for the domestic production of hemp.

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Hemp Agriculture Programs Policy 87

Cannabis Law Report

SEPTEMBER 3, 2019

This report covers: 2018 Farm Bill insights and analysis: opportunities for operators and investors following the historic passage of the 2018 Farm Bill. Key developments shaping the hemp and CBD market in the U.S. Quantitative demand estimates for the size of the total addressable hemp market in the U.S. and globally.

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Hemp Business Oil CBD 45

Cannabis Law Report

SEPTEMBER 10, 2019

Following last year’s passage of the 2018 Farm Bill, the National Credit Union Administration (NCUA) issued a regulatory update in August of 2019 to federally insured credit unions. As to the effects of the 2018 Farm Bill, the NCUA highlighted three points.

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Hemp Business Compliance Compliance 45

Canna Law Blog

JULY 21, 2020

Indiana has long been at the forefront of hemp product regulations. Two years ago in 2018, Indiana passed a comprehensive law that regulated “low-THC hemp extracts.” Very few states were making the distinction for CBD derived from hemp (Hemp CBD) and fewer still were imposing manufacturing, testing, and labeling requirements.

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Hemp CBD Extraction THC 87

Canna Law Blog

JANUARY 2, 2020

2019 was, to put it lightly, an intense year for the hemp and hemp-derived cannabidiol (“Hemp CBD”) industries in the United States. Though 2019 was indeed busy, the U.S. hemp and Hemp CBD industries are far from normalized. Though 2019 was indeed busy, the U.S. Hemp CBD Importation.

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Hemp CBD Packaging Agriculture 79

SpeedWeed

SEPTEMBER 8, 2021

Since the state launched its first adult-use sales in January 2018, the cannabis industry has provided a total program revenue of $2.8 billion in total program revenue since adult-use sales launched in 2018 was mostly derived from nearly $11.7 The second quarter sales tax revenue from cannabis businesses totaled a record $120.5

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Collective Programs Supply Chain Cultivation 88

Canna Law Blog

NOVEMBER 26, 2019

On November 20th, the Washington State Department of Agriculture (“WSDA”) released the hemp cultivation plan (the “Plan”) that it intends to submit to the US Department of Agriculture (“USDA”) along with a corresponding set of hemp regulations (“Hemp Rules”). This post will provide an overview of Washington’s hemp plan.

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Hemp Food Compliance Compliance 90

Canna Law Blog

NOVEMBER 14, 2019

Department of Agriculture (USDA) published its interim final rules for the production of hemp under the 2018 Farm Bill. Our firm has provided a broad overview of the rules and written about the potential impact of the testing rules on the hemp industry. The EIN number of the business entity. Who is a key participant?

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History Hemp Business Recreational 78

Cannabis Law Report

SEPTEMBER 24, 2020

DEA Tries to Define Hemp If you’re a hemp business, you probably understand the victory that came with Congress passing the 2018 Farm Bill. The post Hemp Is Not Marijuana. As … Read More. Unless You Ask the DEA first appeared on Cannabis Law Report.

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DEA Hemp Marijuana Business 76

Canna Law Blog

SEPTEMBER 25, 2020

A lawsuit recently filed in Jackson County, Oregon by a tenant alleges that his landlord has wrongfully evicted him from a warehouse containing 36,000 pounds of hemp, which the plaintiff alleges will be worth $1.5 Like Order 20-1, the law contains no carve-out for cannabis businesses. In a word, yes. Laminate Tech., So stay tuned.

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Hemp Business Cannabis Law 66

Canna Law Blog

JANUARY 11, 2020

We are heading into the first decade of scaled commercial hemp production in the United States since the 1920s. As a law firm that has been helping cannabis businesses succeed since 2010, we couldn’t be more excited. Hemp is legal. To briefly summarize, the 2018 Farm Bill defined hemp as “[t]he plant species Cannabis sativa L.

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THC Hemp Supply Chain Concentrates 102

Canna Law Blog

DECEMBER 24, 2019

The number one question we have received lately is: “do you know a bank or credit union that will bank my hemp-CBD business?” And if a financial institution is indeed banking your hemp-CBD business, they’re certainly doing it at their own risk in the face of the Bank Secrecy Act and federal anti-money laundering laws.

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Banking Hemp CBD Cultivation 74

Cannabis Law Report

AUGUST 9, 2021

A recent advisory memo from a federal financial regulatory agency is causing a stir among some legal hemp companies, who say they’re concerned the advice will make it more difficult to obtain business loans to expand and stay competitive in the growing national market. Hemp Memo From U.S. Department of Agriculture (USDA).

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Hemp Agriculture Concentrates Policy 98