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
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
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
3/12/2024
/ Agricultural Sector ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Florida ,
Governor DeSantis ,
Hemp ,
Hemp Related Businesses ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
State and Local Government
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
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
9/11/2023
/ Agribusiness ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Dispensaries ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Recreational Use
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
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
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
4/4/2023
/ Amended Legislation ,
Cannabidiol (CBD) oil ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
DEA ,
Farm Bill ,
Food and Drug Administration (FDA) ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
THC
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
1/5/2023
/ Banking Reform ,
Banking Sector ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Decriminalization of Marijuana ,
Farm Bill ,
Hemp ,
Hemp Related Businesses ,
Legalization ,
Marijuana ,
Marijuana Related Businesses ,
New Legislation ,
Popular ,
Proposed Legislation ,
SAFE Act
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
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
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
10/7/2020
/ Agribusiness ,
Applications ,
Business Development ,
Department of Labor (DOL) ,
Financial Adviser ,
Funding ,
Hemp ,
Hemp Related Businesses ,
Intellectual Property Protection ,
Licenses ,
Manufacturers ,
Regulatory Oversight ,
Retail Market ,
State and Local Government ,
State Labor Laws ,
Suppliers
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
9/3/2020
/ Accounting Standards ,
Agribusiness ,
Business Development ,
Commercial Insurance Policies ,
Emerging Growth Companies ,
Employment Terms ,
Financial Adviser ,
Funding ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Licensees ,
Marijuana Related Businesses ,
Regulatory Oversight ,
Retail Market ,
Suppliers
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
8/23/2020
/ Accountants ,
Applications ,
Cannabis-Related Businesses (CRBs) ,
Corporate Entities ,
Financial Adviser ,
Funding ,
Hemp Related Businesses ,
Insurance Industry ,
Intellectual Property Protection ,
License Applications ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
State and Local Government ,
Supply Chain ,
USDA
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
7/22/2020
/ Agribusiness ,
Cannabis Products ,
Cannabis-Related Businesses (CRBs) ,
Commercial Contracts ,
Emerging Growth Companies ,
Employment Practices Liability Coverage ,
Funding ,
Hemp ,
Hemp Cultivation ,
Hemp Related Businesses ,
Licenses ,
Manufacturers ,
Marijuana Related Businesses ,
Popular ,
Regulatory Oversight ,
Retail Market ,
Suppliers
...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