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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. The industrial hemp pilot provisions under an earlier 2014 Farm Bill govern the lawful production of hemp; noncompliant production remains illegal.

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Oregon Cannabis: 2019 Legislative Session Update

Canna Law Blog

Back on March 1, I ran through a legislative forecast and report for Oregon cannabis in 2019. As we move into the home stretch of the 2019 session, each issue has been bandied about: some are close to passage and others have died. This means no cannabis lounges and probably no temporary event permits or tours in 2019.

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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. With that primer, it becomes imperative to understand the definition of hemp under the 2014 Farm Bill. Under the 2014 Farm Bill, industrial hemp was defined as “the plant Cannabis sativa L.

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California: Department of Cannabis Control Names Leadership Team

Cannabis Law Report

Compliance Division – Richard Parrott. Previously, she was Director of the Office of Cannabis for the City and County of San Francisco’s General Services Agency from 2017 to 2019, where she served as Project Manager in 2017. Lee served as Deputy Legal Affairs Secretary for the Office of Governor Gavin Newsom from 2019 to 2021.

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OR: OLCC “2019 Recreational Marijuana Supply and Demand Legislative Report” & Statement

Cannabis Law Report

January 31, 2019. Portland, OR — Today the Oregon Liquor Control Commission provided the Oregon Legislative Assembly with the 2019 Recreational Marijuana Supply and Demand Legislative Report required by ORS 475B.548. 2019 Recreational Marijuana Supply and Demand Legislative Report. Here’s the statement in full.

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USDA Announces Details of Insurance Programs for USA Hemp Producers

Cannabis Law Report

Department of Agriculture (USDA) today announced the availability of two programs that protect hemp producers’ crops from natural disasters. Producers may apply now, and the deadline to sign up for both programs is March 16, 2020. “We Multi-Peril Crop Insurance Pilot Insurance Program. Buy-up coverage is available in some cases.

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

Cannabis Law Report

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. That hemp remains subject to the requirements of the 2014 Farm Bill. Background.

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