With White House Approval, USDA Prepares to Post Interim Hemp Regulations

Now that the White House Office of Management and Budget (OMB) has given the go-ahead to the U.S. Department of Agriculture's (USDA) federal hemp regulations, the industry can expect to see its long-awaited rules very soon. Even with the 2018 Farm Bill legalizing hemp as a crop, the lack of federal guardrails has dragged several prohibition-era problems into the present. Licensed hemp businesses continue to have trouble holding down relationships with banks and insurance providers. A snafu in M...