On Tuesday, December 3, 2019, several federal regulators issued a statement providing banks with an update on the legal status of hemp and some much-needed relief. Specifically, the Board of Governors of the Federal Reserve...more
On October 29, 2019, the Agricultural Marketing Service of the United States Department of Agriculture (USDA) released the text of its much anticipated interim final rule for regulations establishing a domestic hemp...more
With the 2018 Farm Bill’s removal of hemp from the Controlled Substances Act (see (U.S.C. s. 1639p.), on the final day of the 2019 Legislative Session, the Florida House of Representatives and Senate followed the federal...more
Following the U.S. Senate’s lead, the U.S. House of Representatives approved The Agriculture Improvement Act of 2018 on December 12, 2018, with 369 yeas and 47 nays. The Act, better known as the 2018 Farm Bill, was...more
On April 30, 2018, the U.S. Court of Appeals for the Ninth Circuit rejected the Hemp Industry Association’s challenge to a 2016 Drug Enforcement Administration (DEA) rule that, among other things, classified cannabidiol (CBD)...more