Remove 2020 Remove CBD Remove DEA
article thumbnail

Locked Out: SBA’s New Lending Policy Targets Hemp and Marijuana-Adjacent Businesses

Canna Law Blog

SBA policy timeline: A whiplash-inducing history The SBAs latest update to its 7(a) and 504 loan programs represents a return to the more restrictive, 2020 policy. Lenders were tasked with verifying compliance with all applicable laws, and the SBA offered detailed guidance on evaluating CBD-related businesses. Otherwise, be specific.)

article thumbnail

BREAKING NEWS: FDA and USDA Start Making Sense on Hemp CBD

Canna Law Blog

FDA Changing Its Tune on Hemp CBD? said that the agency is working towards regulating hemp-derived CBD (Hemp CBD) products and admitted that the agency’s approach to Hemp CBD is not sustainable: We’re not going to be able to say you can’t use these products. Both are analyzed below.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Week in Weed: October 30, 2020

The Blunt Truth

New York releases new CBD regulations, and Governor Cuomo supports legal cannabis. Oregon Senators voice their opposition to the DEA’s hemp rule. The public comment period runs from November 10, 2020 through January 11, 2021. dea hemp rule. Five states have marijuana on the ballot this year.

DEA
article thumbnail

Seyfarth on CBD – February 2020 Update

The Blunt Truth

CBD continues to flourish in the markets despite lack of federal regulations, and we’ve identified some significant events that indicate there’s no sign it’s stopping. Topical CBD Pain-Relief Receives FDA Product Listing Certification. This certification is the first of its kind for a topical OTC drug containing CBD.

CBD
article thumbnail

Hemp CBD Across State Lines: North Carolina

Canna Law Blog

In light of these legislative changes, we are presenting a 50-state series analyzing how each jurisdiction treats hemp-derived cannabidiol (“Hemp CBD”). On January 31, 2020, NCDA sent a letter to hemp licensees stating that the future of the state’s hemp program was uncertain due to the decision not to submit a plan to the USDA.

article thumbnail

From DEA to Legal Cannabis: Charles Feldmann Weighs In

CannaTech

As a Marine Corps federal prosecutor, DEA Drug Task Force Commander and state narcotics prosecutor, Charles spent many years engaged in the War on Drugs. A Former DEA Prosecutor’s Journey into the Global Cannabis Industry. I have watched CBD and hemp markets bring in new tax revenue on a never before seen scale.

DEA
article thumbnail

Greg Ibach, undersecretary for the U.S. Department of Agriculture says the departnent will drop federal DEA testing rules for 2020

Cannabis Law Report

Department of Agriculture, told members at the National Association of State Departments of Agriculture (NASDA) meeting in Arlington, Virginia, that the USDA and DEA have reached an agreement to remove the requirement for hemp farmers to have their crops tested in DEA-registered laboratories in 2020. Full story.

DEA