On December 3, 2019, FinCEN, along with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, in consultation with the Conference of...more
12/9/2019
/ Agricultural Sector ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Banking Sector ,
Cannabidiol (CBD) oil ,
CSBS ,
Farm Bill ,
FDIC ,
FinCEN ,
Hemp ,
Hemp Cultivation ,
Interim Rule ,
New Guidance ,
OCC ,
Regulatory Agencies ,
Suspicious Activity Reports (SARs) ,
U.S. Treasury ,
USDA
On October 29, 2019, the US Department of Agriculture (the “USDA”) issued interim rules for the domestic production of hemp and requested comments on the rules over the next 60 days. The rules provide minimum requirements for...more
11/7/2019
/ Agricultural Sector ,
Cannabis Products ,
Comment Period ,
Controlled Substances Act ,
DEA ,
Farm Bill ,
Hemp ,
Interim Rule ,
Laboratories ,
Licensing Rules ,
Regulatory Requirements ,
Reporting Requirements ,
Testing Requirements ,
Tribal Governments ,
USDA
2018 Farm Bill: An Overview -
The Agricultural Improvement Act of 2018, commonly known as the “2018 Farm Bill,” is an omnibus piece of legislation that Congress uses to set national agricultural, nutrition, conservation...more
3/18/2019
/ Agricultural Sector ,
Cannabidiol (CBD) oil ,
Controlled Substances Act ,
Decriminalization of Marijuana ,
Department of Agriculture ,
Farm Bill ,
Federal Food Drug and Cosmetic Act (FFDCA) ,
Food and Drug Administration (FDA) ,
Hemp ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses
The most popular question we get is whether CBD oil products derived from hemp are federally legal.
Basically the popular thinking goes like this: the 2014 Farm Bill made hemp and hemp derived products federally legal. ...more