Hemp Legalization & Regulatory News for Hemp Businesses

Farm Credit Administration to issue guidance on hemp financial services

Hemp businesses could know as soon as next week which financial institutions they can approach for credit and lending help. The U.S. Farm Credit Administration (FCA) chairman and CEO Dallas Tonsager says that the agency will advise its 69 regional institutions on lending to hemp producers, Agri-Pulse reported. Tonsager said Tuesday that lenders will need […]

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Hemp importers see victory in legal setback against US Customs

A California court is giving hemp and CBD importers reason to smile, even though a federal judge dismissed most of a CBD company’s legal challenge to U.S. Customs and Border Protection. In his decision, U.S. District Judge Jesus Bernal repeatedly said the 2018 Farm Bill makes clear that hemp shipments shouldn’t be considered marijuana nor destroyed. […]

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FDA warns CBD businesses: Stop making medical claims – or else

Three CBD companies received letters from the U.S. Food and Drug Administration (FDA) and the Federal Trade Commission (FTC) warning them against making “unsubstantiated claims” about their products’ medical benefits. The companies, Advanced Spine and Pain (Relievus) in Jenison, Michigan, Nutra Pure in Vancouver, Washington, and PotNetwork Holdings in Fort Lauderdale, Florida, are accused of promoting […]

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Texas loosens state-level hemp ban, but uncertainty remains

Hemp holdout Texas is taking a big step toward embracing the federally legal plant, with one agency announcing a rule change to remove the plant from the state’s definition of marijuana. But entrepreneurs hoping that Texas will allow a hemp industry before federal agencies take action say that the April 5 change isn’t enough to […]

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Ag Secretary Sonny Perdue issues warning for hemp farmers

As the hype around hemp ramps up and states issue record numbers of licenses to farmers wanting to capitalize on opportunities the new crop may offer, U.S. Secretary of Agriculture Sonny Perdue said this week he isn’t so sure hemp will be the cash crop everyone is hoping for. “What is the market potential of […]

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USDA offers full recording of Farm Bill and hemp webinar

The U.S. Department of Agriculture’s (USDA) listening session on domestic hemp production last week is now available to view at the USDA Agricultural Marketing Service (AMS) website. USDA-AMS said the broadcast received an “overwhelmingly positive response,” with more than 2,000 people participating in the webinar that was designed to collect public comment on hemp and […]

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10 things the hemp industry wants most from the USDA

The hemp industry wants faster rule-making, immediate hemp-transportation laws that were promised under the 2018 Farm Bill, common national THC-testing standards and an end to restrictions on imported seed in time for the 2019 season. Those were some of the top requests in the U.S. Department of Agriculture’s (USDA) webinar this week to solicit public […]

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South Dakota governor vetoes legal hemp production

The hopes for legal hemp production in South Dakota came to a halt when Gov. Kristi Noem vetoed a bill approved by the state’s Legislature. Concerned that South Dakota was “not ready” for legalized hemp production because it would prove too difficult for law enforcement to regulate, Noem previously made it known she was opposed […]

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