Tag: ondcp

Illicit Marijuana Disguised as Hemp

With the passage of the Agriculture Improvement Act of 2018, also known as the “2018 Farm Bill”, hemp (part of the Cannabis Sativa L. plant) became a legal agricultural commodity. The caveat to this designation is that hemp, by definition, is to have a potency level of Delta-9 Tetrahydrocannabinol (THC) of[Read More…]

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Banking and Hemp-Related Businesses: Federal Guidance

The Financial Crimes Enforcement Network (FinCEN) just issued guidance to financial institutions doing business with hemp-related businesses. “Hemp” is a part of the Cannabis Sativa L. family that contains no more than .3 percent potency level of Delta-9 tetrahydrocannabinol (THC). Hemp was removed from the controlled substances list and reclassified[Read More…]

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