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The Option of Bankruptcy Grows Clearer for Hemp Businesses

Canna Law Blog

That was expected to change for hemp and CBD businesses after the 2014 Farm Bill, and especially after hemp was legalized as a commodity under the 2018 Farm Bill (and removed from the Controlled Substances Act). GenCanna was a vertically integrated hemp producer and CBD manufacturer.

Hemp 55
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Frost Brown Todd: Take Heed: FDA & CDC Release Health Alerts About Delta-8 THC

Cannabis Law Report

The FDA and CDC each issued warning notices to the public regarding delta-8 THC products on September 14, 2021, many of which are marketed as hemp products (and include some non-obvious references to other novel cannabinoids that may have similar effects and marketing). FDA Consumer Alert.

THC 52
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Bank of America Shuts Down Cannabis Research Facility Account

Cannabis Law Report

The Hemp Gazette reports. Bank of America (BoA) is reportedly terminating its banking relationship with Scottsdale Research Institute (SRI), a DEA-registered facility that carries out important marijuana research. The quality of this cannabis had been criticised by a number of researchers, including Dr. Sisley.

Banking 52
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Industry Trembles After FDA Cracks The Whip

Cannabis Law Report

A wildly popular nutritional supplement and food additive, oil based hemp derived products like CBD racked up $1.1 Seq (1970) and Drug Enforcement Administration’s (“DEA”) clutches, 2019 hemp production and sales exploded. Industrial Hemp and CBD. containing less than 0.3% up 116% over Q3 2017); and $13.6

Food 10
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CBD Chaos in Spain

Sensi Seeds

Spain’s cannabis market is a diverse mix of Spanish and foreign-owned companies selling everything from seeds, fertilizer and grow lamps to hemp-infused beers and CBD tinctures, oils, and creams. According to the 2018 Hemp & CBD Industry Factbook , CBD sales in the states could exceed $1 billion by 2020. CBD Regulation is Needed.

CBD 71
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What Do Banks Require for CBD Websites?

Cannabis Law Report

Cannabidiol (CBD) products derived from industrial hemp exist in a unique market here in the U.S. Drug Enforcement Agency (DEA)’s narcotic drug schedule as defined by the Controlled Substances Act (CSA). As a result, banks often require a website that sells CBD to meet several criteria to satisfy their guidelines.

Banking 66
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The Week in Weed: May 15, 2020

The Blunt Truth

The big news this week is that cannabis banking is included in the latest federal relief bill. cannabis banking. Whether the Senate will retain this language, considering that they have taken no action on the SAFE Banking Act, is not certain. SBA funds, however, are not. There’s also lots of state news. ” sba loans.

Banking 106