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The Hemp Farming Act of 2018, as passed in the 2018 Farm Bill, legalizes industrial hemp and hemp-derived CBD at the federal level. This is big news – an entire new industry of potential commercial borrowers waiting to hear about your products and services. Under the USDA’s laws and regulations and subject to your state’s laws, you can begin making loans and offering other products as soon as the 2020 growing season.
However, many financial institutions are understandably hesitant to serve hemp-related businesses, due to perceived risks and confusion about marijuana-related laws. Where do you start? How will you know a legal hemp crop from an illegal one? What ongoing due diligence and reporting will be expected? Join us for answers to these questions and more in this jam-packed session.
For more information or to register CLICK HERE