2018 Farm Bill Archives - Cannabis Business Executive - Cannabis and Marijuana industry news

Recreational marijuana is illegal in South Dakota, but its high-inducing cousins are widespread

Recreational marijuana is illegal in South Dakota – voters confirmed as much in November – but the next best thing is available from border to border. The 2018 Farm Bill legalized the cultivation of hemp. By extension, it legalized two…

Delta-8 Is Legal, But …

by Fred Rocafort, Attorney at Harris Bricken Just last week, the U.S. Court of Appeals for the Ninth Circuit affirmed a lower court’s holding that the 2018 Farm Bill legalized delta-8 THC products derived from hemp. In the Ninth Circuit’s…

Congress might have inadvertently legalized a form of cannabis under Trump

Although marijuana remains strictly forbidden by federal law, a federal appeals court ruled Thursday that Congress quietly amended the statute in 2018 to legalize cannabis cigarettes and vaping products that have similar intoxicants but are made from hemp. The 2018…

Why the DEA Hemp Rule Challenge Really Matters

By Fred Rocafort, Attorney at Harris Bricken The Drug Enforcement Administration (DEA) issued an interim final rule on hemp (“DEA hemp rule” or “rule”) on August 20, 2020. As per its executive summary, the rule “merely conforms DEA’s regulations to…

Delta-9 THC Products from Hemp Are a Risk Not Worth Taking

The hemp-derived cannabinoid market continues to grow and evolve despite lingering questions over federal legality and numerous state laws that try to keep pace. Much has been written about new “legal” hemp products that contain intoxicating delta-8 THC, delta-10 THC…

2021: The Year Hemp-Derived Foods and Dietary Supplements Become Lawful… Maybe.

By Nathalie Bougenies, Attorney @ Harris Bricken It has been well over two years since Congress enacted the Agriculture Improvement Act of 2018 (the 2018 Farm Bill), which legalized the commercial production of hemp and tasked the Food and Drug…

What You Need to Know When Buying a Cannabis Business, Part 2: The Regulatory Environment

By Jonathan Bench, Attorney at Harris Bricken Buying a cannabis business does not occur in a matter of days, and transactions fall apart for a variety of reasons, as we discussed in Part 1 of this blog series focused on…

Hemp Banking for Credit Unions: Five Key Questions

January 6, 2021
AggregatedNews
Banking, Finance & Real Estate, Hemp Industry News
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By Vince Sliwoski, Attorney at Harris Bricken One of the coolest things we’ve done here at Harris Bricken was work with the National Credit Union Association on its June 2020 guidance for servicing hemp-related businesses. Back when we first started…

The 2018 Farm Bill is Growing More than Just Hemp on the Farm

A look at some companies expanding their traditional market to meeting the challenges of a regulated market working on narrowing margins I have added a verse to “Old McDonald Had a Farm.”[1] Old McDonald had a farm,E-I-E-I-O And on this…

Is CBN a Controlled Substance? Yes. No. Maybe.

By Natalie Bougenies, Attorney at Harris Bricken Earlier this year, we discussed the legality of lesser-known hemp-derived cannabinoids which appeared to be gaining success in the U.S. One of these promising cannabinoids is cannabinol (“CBN”). Put simply, CBN is a…

New York to Require Licenses to Manufacture and Sell Hemp Derived CBD Products

By Jared Schwass, Matthew R. Kittay, and Michael R. Herz Hemp and hemp-derived cannabidiol (CBD) products have seen an increase in demand over the last few years, but the legal and regulatory structure behind those products has been unclear and…

Hemp-Derived THC Products: Legal or Loophole?

By Ian A. Stewart, Devon Mills and Neil Willner Hemp-derived CBD products have exploded onto the market since Congress removed hemp from the Controlled Substances Act (CSA) in the 2018 Farm Bill. Now, new hemp-derived products are emerging that contain…

Budding Hemp Farmers Struggle To Find Success In The ‘Green Rush’

Hemp farming exploded after the 2018 Farm Bill passed last December. The bill decriminalized the plant at the federal level, opening the door for many U.S. farmers to grow and sell hemp. Over the past year, licensed hemp acreage increased more than…

The Importance of Testing to the Standardization of Hemp Research

September 17, 2019
Coleman Hemphill
Hemp Policy & Legal, Letters to the Editor, Op-Ed
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The legalization of hemp in the 2018 Farm Bill has opened many new opportunities for research by universities across the country. One example is that of the Oregon State University Global Hemp Innovation Center. This program is the latest example of…

Hemp Regulation: USDA Struggles with Drafting THC Testing Rules

By Nathalie Bougenies, Attorney at Harris Bricken Hemp stakeholders have been eagerly waiting for the release of rules and regulations by the U.S. Department of Agriculture (“USDA”). Although the 2018 Farm Bill removed the hemp and its derivatives from the…