Hemp Businesses Can Bank with Credit Unions, Regulatory Agency Says
The National Credit Union Administration (NCUA) said in its interim guidance that providing banking services to hemp businesses is allowable since the crop and its derivatives were federally legalized under the 2018 Farm Bill.
Special Report: U.S. Hemp Prices & Supply
Hemp Industry Daily has released a free U.S. Hemp Cultivation Snapshot. U.S. Wholesale Hemp Prices and Supply delivers the most up-to-date, reliable hemp prices and market research for the top 10 hemp producing states.
Kentucky Hemp Farmers Lobby U.S. Congress for Banking Access
Representatives of the Kentucky Hemp Industries Association (KYHIA) were on Capitol Hill for a meeting with the staffs of Senator Mitch McConnell (R-KY), Representative John Lewis (D-GA) and Senator Thom Tillis (R-NC), to discuss solutions for the banking issues that are hampering the development of the hemp industry.
Hemp Industries Association® Launches “Hemp Is Legal” Campaign in Times Square
Hemp Industries Association® (HIA®), in association with Hoban Law Group, Bluebird Botanicals, and Bish Enterprises, is launching a national campaign aimed at addressing Facebook’s current advertising policy of prohibiting the marketing and promotion of industrial hemp via Facebook and Instagram.
More than 1,000 Hemp Industries Association® Members to Benefit from Official Designation of Hemp as an Agricultural Commodity
The Hemp Industries Association (HIA), the leading hemp trade association founded in 1994 and comprised of over 1,000 hemp businesses, has issued this statement regarding President Trump’s official signing of the 2018 Farm Bill into law. The bill, which redefines hemp as an agricultural commodity, explicitly removes hemp from the purview of the Controlled Substances Act and the jurisdiction of the Drug Enforcement Administration, thereby paving the way for a massive expansion of economic opportunities across all sectors of the hemp industry.