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California Bans Most Hemp Products and Illuminates Battle Between Hemp and Marijuana Businesses

What if I told you that California of all places – where virtually any adult can purchase marijuana on demand – was trying to harsh the mellow of citizens trying to access certain hemp-derived products? On the next 30 for 30,...more

Power Play or Fair Play? 21 Attorneys General Call for Prohibition of Intoxicating Hemp as Industry Faces Existential Threat

The novel cannabinoid industry took another hit recently as a bipartisan group of 21 attorneys general urged Congress to make clear that states may regulate, and even prohibit, intoxicating products derived from hemp....more

Delta-Nope: Florida Poised to Ban Delta-8 and Delta-10 Products

Earlier this week, the Florida legislature passed a bill (SB 1698) that will limit the amount of THC in hemp-derived products and threatens to upend the novel cannabinoid industry in the state. For the past few years,...more

Farm Bill Extended – for Now

Loyal Budding Trends readers and hemp operators at large know that the 2018 Farm Bill was a watershed moment for the hemp industry. It brought centuries-old hemp products back from near-extinction and lit the fuse for an...more

Some of It’s Magic, Some of It’s Tragic: Jimmy Buffett and American Cannabis Policy

Jimmy Buffett was a spirit animal of the Budding Trends blog. We don’t quote from him as often as we do the Grateful Dead, Phish, Widespread Panic, or popular movies, but maybe because in many ways his lyrics are too good for...more

Good News, Bad News: Congress Wants to Help the Hemp Industry

Last week in a small hearing room in a House office building, the House Oversight and Accountability Subcommittee on Health Care and Financial Services held a hearing titled “Hemp in the Modern World: The Years long Wait for...more

Delta Great? Tennessee Legislature Passes Industry-Friendly Bill to Regulate Psychoactive, Hemp-Derived Cannabinoids

While it appears likely that Tennessee will be the last Deep South state to legalize medical cannabis (as we wrote about here), it has always been a favorable state for the hemp industry. The Tennessee Legislature just came...more

Editors’ Roundtable: Predictions About the Upcoming Farm Bill

Welcome to the latest installment of the Editors’ Roundtable, in which our editors – Whitt Steineker, Jay Wright, Hunter Robinson, and Slates Veazey – discuss cannabis issues in the news and take a stab at where the cannabis...more

If You Don’t Believe, You Won’t Receive: Predicting Three Cannabis Reforms in the Coming Year

I’m not proud of it, but I’m the resident cynic amongst the editorial staff here at Budding Trends when it comes to federal marijuana reform. And after all, someone has to temper the frivolous whims of others. But we’re...more

Industrial Hemp, Alicia Silverstone and The Office

When our Cannabis Industry team started this blog, we promised to deliver pop culture references and thought leadership. This one should deliver. Growing up, I was a big fan of Alicia Silverstone. My earliest recollection was...more

Cannabis and the Candidates: Donald Trump

This is the second article in a three-part series focused on the intersection of the 2020 United States presidential election and marijuana policy. Each article will focus on the specific presidential candidates of the two...more

10 Legal Considerations When Starting a Hemp Business in Alabama

So, you want to start a hemp company in Alabama. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking about any legal issues as you get your company off the ground. That’s...more

10 Legal Considerations When Starting a Hemp Business in North Carolina

Now that North Carolina and federal laws provide for the legal cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking...more

11 Legal Considerations When Starting a Hemp Business in Mississippi

Now that Mississippi has enacted legislation legalizing the cultivation of hemp, you want to start a hemp company. You have your big idea and a business plan ready, but you begin to wonder whether you should be thinking about...more

Ten Legal Considerations When Starting a Hemp Business

So, you want to start a hemp company. You have your big idea and a business plan ready. At some point, though, you begin to wonder whether you should be thinking about any legal issues as you get your company off the...more

Hemp Banking – FinCEN Issues New Guidance Regarding AML/BSA Obligations

...On June 29, the Financial Crimes Enforcement Network (FinCEN) issued guidance (the “June guidance”) to “address questions related to Bank Secrecy Act/Anti-Money Laundering (BSA/AML) regulatory requirements” for providing...more

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