NCUA is Excited for Hemp Banking Last year National Credit Union Administration (NCUA) Chairman, Rodney Hood, encouraged credit unions to thoughtfully consider serving hemp-related businesses within their field of membership[1]. Now in 2020, Chairman Hood sees hemp as an exciting new opportunity for rural communities![2] This month NCUA released additional guidance for credit unions considering…

Virginia Governor Signs Bill Regulating CBD as Food Virginia Governor Ralph Northam has signed a bill into law that would classify CBD as food. The importance of this to the hemp and CBD industry cannot be understated. Currently, the FDA has not approved CBD as either Generally Recognized as Safe (GRAS, for introduction to food items) or as a…

It’s an exciting time to be in hemp and CBD! I have attended and spoken at several conferences over the last year. I have been in places as diverse as Seattle, Denver, Dallas, and Orlando. The products I have seen have made me excited about the future of the industry. I have seen products ranging…

Washington State passed the final hurdle for solidifying its status as a hemp-producing powerhouse. On February 20, 2020,  the USDA issued its approval of Washington’s Hemp Plan. The plan was an outgrowth of the passage of Senate Bill 5276, Washington’s Hemp Production Bill, which passed on April 26, 2019.   The Agricultural Improvement Act of…

Oregon Reacts to the Vaping Illness Outbreak After 29 deaths and 1,299 reported illnesses related to vaping, Oregon is among many states taking steps to restrict the additives allowed in vaping cartridges. Gov. Kate Brown advised that the “safest option for Oregonians right now is to not use vaping products of any kind,” and the…

The text of this article was originally published in the Argent Communications Group’s Cannabis Law and Regulation Reporter. It is reprinted here with permission. Hemp is Legal, Why is Banking Still Hard? THE AGRICULTURE IMPROVEMENT ACT OF 2018 AND ITS IMPACT ON THE STATE OF ‘HEMP BANKING’  In December 2019, the federal Agriculture Improvement Act…

Attorney Justin Walsh was featured on a KOMO News piece focusing on the rise of CBD. Before Washington State’s first CBD Expo, Justin spoke with KOMO News’ Connie Thompson regarding labeling CBD products and its role as medicine vs supplement. The new piece and video can be found on KOMO News’ webpage.

With the Passage of the 2018 Farm Bill, states are scrambling to update their Hemp Pilot Programs and replace them with permanent hemp laws and regulation. Washington State is no exception. On January 16, Senate Bill 5276 (officially titled “Authorizing hemp production in conformance with the agricultural improvement act of 2018”) was introduced. In its…

It’s not often that the entire country mobilizes and gets excited over a crop. But hemp legalization is altogether different. For the first time in generations, hemp cultivation and sales are federally permitted (as long as you have a hemp license) and this change has made quite the splash. With a pen made of hemp,…