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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

billion in tax revenue from legal cannabis sales in 2018. However, SBA’s current policy excludes small businesses with “direct” or “indirect” products or services that aid the use, growth, enhancement, or other development of cannabis from SBA-backed financing. States collected an estimated $1.3

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On the 2018 Farm Act: Can I Start Growing Hemp?

MJ Business Attorneys

The long-anticipated 2018 Farm Bill finally made its way to the President’s desk and Trump made hemp fans ecstatic when he signed it into law on December 20. With a provision legalizing the cultivation and distribution of hemp on the federal level, many are left wondering what the Act means for cannabis industry operators.

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Hemp and CBD Businesses Could Be Out in the Cold in Minnesota

Veriheal

In December 2021 the Minnesota Board of Pharmacy declared all CBD and hemp-derived consumables to be illegal in the state. The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Differing Interpretations of Hemp Legality.

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Potential Issues With Testing Hemp Under The 2018 Farm Bill

Greenspoon Marder Cannabis Law Group Blog

On October 31, 2019, USDA published its interim hemp regulations and opened them up to a 60-day public commenting period. While the 2018 Farm Bill legalized hemp federally, USDA’s regulations highlight potential issues for hemp producers with regard to new testing requirements in state or tribal plans.

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Over 40 Members of Congress Request SBA Access For Small Marijuana Businesses

NORML

“Many of these establishments are small-to-medium size operators, with their employees keeping their doors open without access to the support systems in place for other businesses, thus depriving them of potentially lifesaving protections.” The majority of these businesses are small-to-medium in size.

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National Credit Union Administration Issues Statement About Serving Hemp Businesses

The Blunt Truth

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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Oregon’s New Industrial Hemp Rules and the 2018 Farm Bill

Canna Law Blog

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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