CBD & Hemp

One day after federal financial regulators issued guidance relaxing requirements for banks doing business with hemp companies, Rep. Andy Barr (R-KY) called for further input on how financial institutions can work with the industry -- particularly when it comes to credit card processing.

Gov. Tony Evers signed legislation Tuesday broadening the state program that allows hemp farming.

Federal financial regulatory agencies are clarifying that banks no longer have to take extra steps to track accounts for hemp-related businesses.

CBD (cannabidiol) is a therapeutic compound produced by cannabis. It is commonly extracted and processed into oils, gummies, topicals, and other products that have no doubt sparked your curiosity. And with curiosity comes a load of questions.

As the U.S. Department of Agriculture (USDA) pushes ahead to finalize regulations for hemp, a key federal watchdog agency released an assessment of the department’s rulemaking process and seemed to agree that it’s in the public’s interest to expedite implementation.

Some tribes in South Dakota are laying the groundwork for residents to begin growing hemp in the next year.

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