Top Senate Democrat Calls On Federal Regulators To Clarify Hemp Banking Rules

Senate Minority Leader Chuck Schumer (D-NY) sent a letter to federal financial regulators on Monday, urging them to issue updated guidance to ensure that hemp businesses have access to banking services. While hemp and its derivatives were federally legalized under the 2018 Farm Bill, companies that manufacture and sell hemp products are still being denied … Continue reading Top Senate Democrat Calls On Federal Regulators To Clarify Hemp Banking Rules