Congress has taken action to close the perceived “loophole” resulting from the 2018 Farm Bill to restrict the sale of all, or virtually all, intoxicating hemp products. With a 365-day lead-time to implementation, what does this mean for hemp businesses, cannabis businesses, lenders, banks, and other stakeholders in this $20 billion market? What does this mean for the States that currently regulate and/or license these businesses and products? Most importantly, what should all stakeholders be focusing on and how they should they be assessing their business and legal options over the next 365 days and beyond?
Join members of our Cannabis, Hemp, and THC Products team to discuss what the implications of these Federal changes are, how they will be implemented, what products are affected, and what every business invested in this marketplace needs to be focused on as this industry comes to a now well-defined crossroads.
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