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

JUNE 14, 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. A hemp license is required to cultivate and process hemp.

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Hemp CBD Research and Development Packaging 52

Canna Law Blog

JULY 7, 2020

Last week, the Financial Crimes Enforcement Network (FinCEN), issued new guidance (the “FinCEN Guidance”) for financial institutions working with hemp-related businesses. Readers of this blog know that the 2018 Farm Bill does not take away the FDA’s ability to regulate hemp products, including hemp-CBD.

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Banking Hemp Compliance Compliance 54

The Blunt Truth

DECEMBER 19, 2023

In 2018, Congress enacted the Farm Bill, which distinguished prohibitions on marijuana from hemp. The Farm Bill defines hemp as “the plant Cannabis sativa L. With this advantageous change in the law, the hemp industry has thrived. See Value of hemp production totaled $824 million in 2021. delta-9 THC.

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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. state and federal regulation of marijuana. Background.

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Hemp Business Banking Agriculture 59

Canna Law Blog

SEPTEMBER 4, 2019

If you’ve been following the hemp scene in Washington state, you know it’s been a bit of a roller coaster. The latest “drop” comes in the form of an August 1 memo from the Washington State Department of Agriculture (“WSDA”) titled Restrictions on the use of hemp CBD as a food ingredient.

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Food Hemp CBD Seed-To-Sale 84

Canna Law Blog

JANUARY 3, 2023

Until recently, CBD resided in a legal penumbra where hemp was still scheduled on the federal Controlled Substances Act and could not be cultivated without a permit from the Drug Enforcement Administration (“DEA”). 2018 Farm Bill. The 2018 Farm Bill didn’t regulate CBD though. States do their own thing.

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CBD Food Clinical Trials Pets 75

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

Cannabis Law Report

FEBRUARY 8, 2020

Department of Agriculture (USDA) today announced the availability of two programs that protect hemp producers’ crops from natural disasters. We are pleased to offer these coverages to hemp producers. The MPCI pilot insurance is a new crop insurance option for hemp producers in select counties of 21 states for the 2020 crop year.

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Programs Hemp Seed-To-Sale Agriculture 59

Cannabis Law Report

FEBRUARY 4, 2019

In the December 2018 Farm Bill, the federal government removed CBD (and industrial hemp and all cannabis derivatives with less than 0.3% But that is not the end of the story, as the FDA continues to regulate CBD products through enforcement of the Food, Drug & Cosmetic Act, and state governments also have restrictions.

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Hemp CBD Legalization Food 40

Greenspoon Marder Cannabis Law Group Blog

AUGUST 26, 2019

Last week, the National Credit Union Administration (NCUA) issued interim guidance stating that federally insured credit unions may provide certain financial services to legally operating hemp businesses. The post Credit Union and Banking Update for Hemp and Marijuana Industries appeared first on Greenspoon Marder Cannabis Law.

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Banking Hemp Marijuana Events 40

Cannabis Law Report

FEBRUARY 25, 2019

PUBLISHER: CANNABIS LAW REPORT. In the early months of 2019, and after the recent passage of the 2018 Farm Bill, an increasing number of state and municipal agencies continue to pay close attention to hemp-derived CBD products, in some cases leaving products under siege by regulators.

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CBD Food Compliance Compliance 71

Cannabis Law Report

JULY 26, 2021

But how can a product that purportedly gets users high escape federal and state regulation? Delta-8 is one of the hundreds of cannabinoids that are naturally found in hemp and cannabis plants. That being said, the Agriculture Improvement Act of 2018, dubbed the “Farm Bill”, expressly carved out “tetrahydrocannabinols in hemp.”

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THC Agriculture Hemp Extraction 105

Canna Law Blog

JANUARY 6, 2023

It’s hard to read the tea leaves in a lot of cases – inspections can be a prelude to enforcement, but they can also be a way for the agencies to spur compliance without clogging up the court system. Under state law, CDTFA collected both a cultivation tax and an excise tax. Now, the state has passed targeted Prop.

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Collective Hemp Cannabis Programs 73

SpeedWeed

APRIL 27, 2021

Delta-8 THC, aka delta-8, the intoxicating cannabinoid synthesized from hemp, is making waves across the United States, and especially in states where marijuana remains illegal. That’s because delta-8 is derived from federally legal hemp, which by law contains less than 0.3% States already closing loopholes.

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Legalization DEA Supply Chain Hemp 52

The Blunt Truth

OCTOBER 29, 2019

Plus, the USDA just issued an interim rule for hemp production. USDA Issues Proposed Rule for Hemp Production. The 2018 Farm Bill, which federally legalized hemp (formerly a Schedule I drug like its close cousin, marijuana), opened the gates for mass hemp production—well, almost. those with THC levels above 0.3%).

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Hemp Legislation CBD Research and Development 45

SpeedWeed

MARCH 11, 2021

In the past few months, the sales of Delta-8 THC products have exploded, representing the fastest growing segment of hemp-derived products. Yet, despite its growing popularity, the legality of Delta-8 THC, including that of Delta-8 THC products, remains murky. This blog post provides a broad, 30,000-foot view on this issue. Delta-8 THC.

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THC Business DEA Cannabinoids 52

Cannabis Law Report

FEBRUARY 26, 2019

He advises on mergers and acquisitions, negotiating complex contracts and corporate governance, as well as regulatory compliance in the emerging cannabis and hemp industries. District Court in Idaho delivered some bad news to the owners of the contents of a tractor trailer recently seized by the Idaho State Police.

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Agriculture Hemp Sativa Compliance 45

Canna Law Blog

NOVEMBER 16, 2023

My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”) going back to 2014. We have also handled a good bit of hemp banking work – mostly in 2019 and 2020 before that industry cratered. We are helping build out another cannabis banking program here in Oregon.

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Banking Business Cannabis Hemp 80

Cannabis Law Report

SEPTEMBER 24, 2019

Status in the Senate is uncertain, as the chair of the Banking Committee has indicated an intent to poll those in Idaho, a state that has failed to legalize any form of cannabis, regarding the issue. Today’s cannabis industry encompasses the growth, processing, distribution, and other ancillary services related to both hemp and marijuana.

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Banking Law Compliance Compliance 40

Cannabis Law Report

NOVEMBER 6, 2021

Before opening a cannabis practice area, it is important to understand the differences between the products that are derived from the cannabis plant family — marijuana and hemp. In the United States, the level of THC defines the difference between agricultural grade hemp and marijuana, Velazquez said. “In 2018, the U.S.

Banking 52

Banking THC Hemp Cannabis 52

Cannabis Law Report

JUNE 26, 2022

There also exist certain requirements to demonstrate compliance with the Regulations. IHEs may also be subject to related requirements under state and federal law and judicial rulings. Hemp, which also contains THC but at lower levels, was previously included on the list of controlled substances. Annual Notification.

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Research and Development Education Programs Policy 52

Cannabis Law Report

JANUARY 30, 2019

Your predecessor, Attorney General Sessions, testified on April 25, 2018 at the Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies, stating that “[w]e are moving forward and we will add, fairly soon. The first letter was sent on May 13, 2015, and the second letter was sent on November 18, 2018.

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Research and Development DEA CBD Law 63

Cannabis Law Report

JULY 7, 2022

For so long as cannabis remains illegal at the federal level, cannabis businesses operating in full compliance with state law will not enjoy the full scope of protections as brands that are operating in legalized industries. The Agriculture Improvement Act of 2018 (2018 Farm Bill), Pub. Pryor Cashman LLP.

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Cannabis Law Business State Laws 52

Cannabis Law Report

MARCH 5, 2020

The United States Patent and Trademark Office (“USPTO”) will not grant such protection for marks that cover goods and/or services that are a violation of federal law, regardless of whether the activities associated with the goods or services is legal under state law. See 37 C.F.R.

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Hemp Cannabis Food Recreational 59

Canna Law Blog

APRIL 1, 2020

There is absolutely no proof or substantiated science indicating that somehow either cannabis or hemp cure or mitigate COVID-19. Compliance is suspended. And don’t forget that remaining open also means total compliance with any COVID-19-related operational emergency regulations. This is a definite “no way.”

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Business Compliance Compliance Hemp 54

Cannabis Law Report

OCTOBER 9, 2019

However, by law, states cannot label pesticides that do not have a federal pesticide registration—which cannot be accomplished because of marijuana’s illegal federal status. A review of state laws conducted by Beyond Pesticides finds a patchwork of regulations with varying degrees of protection for consumers and the environment.

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Environment Safety Medicine Policy 55

Cannabis Law Report

DECEMBER 23, 2019

It has been two years since California began licensing yet operators still struggle with compliance and are all still de facto, breaking one law or another. Meanwhile, the state was experiencing a severe bottleneck in its own licensing process. July 2019 – Hemp Cultivation Registration. . | Dec 20, 2019 .

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Law Banking Hemp Retail 59

Cannabis Law Report

DECEMBER 27, 2019

Still though, state law dictates that entities caught operating without a valid license are to be fined up to 3x the cost of a state cannabis license for every day they were found to be out of compliance. Well, in a 2018 profile piece in the. The split now makes sense. But why Lowell branding to begin with?

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Seed-To-Sale Food Agriculture Compliance 64

Cannabis Law Report

NOVEMBER 2, 2021

We got 51 hemp-derived Delta-8 THC products tested by an independent lab, and found high levels of Delta-9 THC in most of them. limit set by the 2018 Farm Bill, making them indisputably federally illegal. indicated by the 2018 Farm Bill, while another had 0.31%. That’s more than just oops! Oracle wrote 21 October 2021.

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THC CBD Legalization Vaping 96

Cannabis Law Report

JULY 31, 2019

Network of Trial Law Firms – July 29, 2019. Over the last several years, attitudes towards marijuana use have rapidly changed in the United States. According to a 2018 Pew Research Survey, 62 percent of U.S. 1] As of the date of this article, thirty-three states and Washington D.C. Rebecca Stephens.

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Law Legalization Marijuana Policy 40

SpeedWeed

MARCH 7, 2021

We also speak with Bill Owens and Todd Mock from Samson Extracts , a hemp extraction company located in Southeast Alabama. Announcer: This is the Cannacurio podcast by Cannabiz Media, your source for cannabis and hemp license updates directly from the data vault. We purchase all of our hemp from a related farm and then process it here.

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Extraction Hemp Data Media 52

Cannabis Law Report

NOVEMBER 22, 2019

21, 2019 (GLOBE NEWSWIRE) — Clever Leaves , a leading vertically-integrated licensed producer of pharmaceutical-grade medical cannabis and hemp extracts, has received a pre-license letter from INFARMED I.P., Pre-license for cultivation of medical cannabis allows import and cultivation of cannabis genetics. NEW YORK, Nov.

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Cultivation Extraction Pharmaceutical Research and Development 11

Cannabis Law Report

MAY 2, 2019

1] With the legalization of hemp in the 2018 Farm Bill came more economic opportunity for cannabis farmers and investors, but without secured water rights this opportunity will remain largely untapped. Cannabis is an agricultural crop and, of course, it needs water to grow.

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Agriculture Cannabis Law Policy 45

Cannabis Law Report

NOVEMBER 15, 2021

The Village Farms Shares issued under the Share Purchase Agreement are subject to lock-up agreements, and subject to compliance with applicable securities laws, 33% of these shares will be released in four months, another 33% of these shares to be released after eight months and the remaining shares to be released after one year.

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Agriculture Events Retail Environment 52

Cannabis Law Report

MARCH 3, 2020

million ) and Emerald will issue a promissory note to Pure Sunfarms in the amount of C$952,237 ; Pure Sunfarms will release Emerald from all liability arising from their supply agreement under which Emerald had the provision to purchase 40% of Pure Sunfarms’ aggregate production in 2018 and 2019; Emerald will transfer 2.5%

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Events Hemp Environment Law 53

Canna Law Blog

OCTOBER 28, 2019

California has made great strides in supporting local social equity programs–the California Cannabis Equity Act of 2018,authorizes the Bureau of Cannabis Control, upon request by a local jurisdiction, to provide technical assistance to a local equity program that helps local equity applicants or local equity licensees. .”

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Research and Development Programs Retail Vaping 51