Update on Hemp Banking On December 3, 2019, the Federal Deposit Insurance Corporation (FDIC) issued a letter to financial institutions highlighting the interagency guidance on providing banking services to customers engaged in hemp production. The letter provided the following: The Agriculture Improvement Act of 2018 (2018 Farm Bill) removed hemp as a Schedule 1 controlled…

SAFE Banking Act A Win for Cannabis Banking The relationship between state and federal government in the U.S. has been strained from the beginning. The most obvious example from the last decade is the Cannabis industry. While the 2018 Farm Bill, spearheaded by Kentucky Senator Mitch McConnel, brought hemp (Cannabis products containing less than 0.3%…

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…

Redefining Medication While in Line with the TSA Your bags are packed, you’re ready to go, you’re standing here outside TSA, You’d hate to wind up with a criminal record… Did you pack medication? Will they land you in federal prison? Is your pill box TSA approved? Because you’re leaving on a jet plane, don’t…

Price Hikes for Hemp Licenses Could be Coming in Washington State  Written by Orion Inskip, Attorney at Gleam Law with focus on CBD Law. Hemp, once a staple of American industry, is slowly taking hold as a cash crop. The aftermath of 1998’s legalization of the importation of hemp has shown that there is a…

California Department of Public Health Prohibits CBD in Food Products By Orion Inskip, Attorney at Gleam Law PLLC According to a recent FAQ released by the California Department of Public Health’s Food & Drug Branch (CDPH-FDB), CBD is prohibited from use in any food product sold outside of the legal cannabis industry in the state….

Written by Orion Inskip, Attorney at Gleam Law, PLLC. Cannabis laws are rapidly evolving across the world. This has been no less true when it comes to cannabidiol, more popularly known as CBD. CBD is a naturally occurring compound found in cannabis that does not have the psychoactive effect typically associated with marijuana, which is…

Marijuana Reform Garnering Cautious Bipartisan Congressional Support Written by Ammon J. Ford, Attorney at Gleam Law, PLLC.  National cannabis policy is more about politics than science and has been for decades. That is as true today as when Richard Nixon pushed the Controlled Substances Act of 1970 to punish anti-war liberals and black civil rights…

Today, Senator Jefferson Beauregard “Jeff” Sessions III (R-AL) accepted President-Elect Trump’s nomination to become the next Attorney General of the United States, the nation’s top law enforcement official. He’s unapologetically anti-cannabis, and was quoted as saying “Good People Don’t Smoke Marijuana” will that translate into official policy? Sessions’ impressive resume includes six years as Assistant US…

Cannabis Business struggle To Trademark With USPTO No Trademarks for Cannabis? Not quite – Protecting your trademark is one of the most important things a new business can do. Every minute you spend on marketing increases your brand’s value, value that could be stolen by some competitor who starts using a confusingly similar name, logo,…