Sunday, February 16, 2020
hemp-cbd-across-state-lines-special-update-on-usda-hemp-rules
The Agriculture Improvement Act of 2018 (“2018 Farm Bill”) legalized hemp by removing the crop and its derivatives from the definition of marijuana under the Controlled Substances Act (“CSA”) and by providing a detailed framework for the cultivation of hemp. The 2018 Farm Bill gives the US Department of Agriculture (“USDA”) regulatory authority over hemp…
join-us-on-november-14th-for-a-free-webinar-on-the-usda-hemp-interim-regulations
Big changes are finally on the horizon for hemp in the United States. On Tuesday, October 29th the United States Department of Agriculture (“USDA”) dropped its interim hemp rules pursuant to the Agriculture Improvement Act of 2018 (commonly known as the 2018 Farm Bill). The 161 pages of interim rules set up a regulatory system…
join-us-on-a-november-14th-for-a-webinar-analysis-of-the-usda-hemp-interim-regulations
Big changes are finally on the horizon for hemp in the United States. On Tuesday, October 29th the United States Department of Agriculture (“USDA”) dropped its interim hemp rules pursuant to the Agriculture Improvement Act of 2018 (commonly known as the 2018 Farm Bill). The 161 pages of interim rules set up a regulatory system…
cbd-topicals-are-not-immune-from-fda-scrutiny-as-recent-warning-letters-show
We’ve written extensively on this blog about industrial hemp-derived CBD products, including CBD comestibles, CBD pet products, CBD in alcohol, and CBD topicals. Of all these categories of goods, the CBD industry seems to have reached a consensus that CBD topical products present the lowest level of risk for businesses, hence companies like CVS, Walgreens,…
the-mortgage-stress-test-what-it-means-if-youre-buying-a-home
It’s been almost a couple of years since the mortgage stress test came into effect. So, we thought it was the perfect time to revisit it and clear up any confusion. The mortgage stress test took effect January 1, 2018, affecting how much mortgage money Canadians are able to borrow towards the purchase of a home.  Let’s look at the mortgage stress test…
why-the-usda-testing-rules-will-hurt-the-hemp-industry
On Tuesday, the U.S. Department of Agriculture (“USDA”) released its interim final rule for the production of hemp under the 2018 Farm Bill. Although these rules are not final, they will go into effect once published in the Federal Register, at which point a 60-day public comment period will begin. Upon the publication of the…
before-its-too-late-best-credit-card-welcome-offers-of-november-2019
Rewards credit cards have many perks and benefits from cash back to VIP access, and a whole lot more. Choosing a card can be difficult with endless options available.   Do you pick a card with an annual fee? Low balance transfer? Travel rewards? No foreign transaction fees? Deciding which card works best for your lifestyle is up…
natural-products-the-fda-and-cannabis-regulation
I recently attended two events in Utah headlined by the United Natural Products Alliance (“UNPA”) where its President, Loren Israelsen, discussed the voluminous public comments received by the FDA in response its latest round of questions regarding how over-the-counter cannabis extracts like CBD should be regulated. Israelsen provided numerous takeaways for UNPA members and their…
bank-of-canada-rate-decision-no-changefor-now
The Bank of Canada has once again decided to stand pat on interest rates. Canada’s central bank delivered its interest rate announcement Wednesday morning, keeping the overnight rate at 1.75 percent where it’s been for slightly over a year. Holding interest rates at 1.75 percent didn’t surprise anyone. Most analysts expected it. But with the…
california-cannabis-department-of-business-oversight-issues-somewhat-helpful-guidance-to-financial-institutions
Earlier this month, on October 3, the California Department of Business Oversight (the “DBO”) issued a Cannabis Banking Guidance memorandum to its state-chartered financial institutions (banks and credit unions) to help them make appropriate risk assessments in serving cannabis-related businesses and comply with federal guidelines.  The memorandum is in the form of an extensive questionnaire. The…