The USDA issued its final rule regulating the production of hemp. The rule—which takes effect March 22—includes licensing and recordkeeping requirements, procedures for testing THC levels, compliance provisions, and more.
USDA finalizes hemp rule
January 19, 2021 / By ICBA
The USDA issued its final rule regulating the production of hemp. The rule—which takes effect March 22—includes licensing and recordkeeping requirements, procedures for testing THC levels, compliance provisions, and more.
The USDA issued its final rule regulating the production of hemp. The rule—which takes effect March 22—includes licensing and recordkeeping requirements, procedures for testing THC levels, compliance provisions, and more.
In an October comment letter, ICBA said hemp production could introduce a significant new market for U.S. farmers and ranchers if the regulatory framework helps producers and lenders with production and marketing while ensuring adequate risk management tools are available.
Subscribe now
Sign up for the Independent Banker newsletter to receive twice-monthly emails about new issues and must-read content you might have missed.
Sponsored Content
Featured Webinars
Join ICBA Community
Interested in discussing this and other topics? Network with and learn from your peers with the app designed for community bankers.
Subscribe Today
Sign up for Independent Banker eNews to receive twice-monthly emails that alert you when a new issue drops and highlight must-read content you might have missed.
News Watch Today
Join the Conversation with ICBA Community
ICBA Community is an online platform led by community bankers to foster connections, collaborations, and discussions on industry news, best practices, and regulations, while promoting networking, mentorship, and member feedback to guide future initiatives.
Join the Community Example Text
