By Vince Sliwosk, Attorney @ Harris Bricken Hemp was legalized federally just over a year ago. During the run-up, legislators from Mitch McConnell to Ron Wyden said things like “[b]y removing hemp from the federal list of controlled substances, farmers can explore the bright future of this versatile crop, found in everything from a coffee […]
Crop Insurance
Hemp Game Changer: USDA Rulemaking Shapes Future for California Hemp Market
The California hemp industry received welcome news recently when the U.S. Department of Agriculture (USDA) released its much-anticipated interim final rule for hemp production, a critical step toward implementing the 2018 Federal Farm Bill and a key development for states wanting to regulate their own hemp markets. The USDA hemp interim final rule (interim rule) is 160 […]
What Kind of Insurance Will Farmers Need in a Hemp-Legal World?
By Spencer Mahoney Assuming it’s adopted, this year’s federal farm bill would officially classify hemp as an agricultural commodity, a move expected to result in two big changes: First, a flood of farmers, the common wisdom holds, would jump onto the hemp farming bandwagon. Hemp promises to deliver higher profits than crops such as corn, […]