Hemp
Scarinci Hollenbeck’s Marijuana practice group regularly provides content on the trajectory of the emerging legal hemp and cannabis industry in New Jersey. Our content provides insight into the unique complexities, including the conflict between Federal and state hemp cannabis laws.
New York Will Allow Hemp Farmers to Start Growing Adult-Use Marijuana
Date: March 24, 2022
Eager to get its adult-use cannabis industry up and running and keep pace with neighboring New Jersey, New York is giving hemp farmers the green light to grow cannabis for the adult-use cannabis market. Eager to get its adult-use cannabis industry up and running and keep pace with neighboring New Jersey, New York is giving […]
Will DEA Proposal Put Psychedelics on the Map?
The DEA is proposing a massive increase in the production quotas of cannabis, psilocin, and psilocybin (“magic mushrooms”) for research purposes, with the intent of aiding in the development of new federally approved therapeutic medications… The Drug Enforcement Administration (DEA) is proposing a massive increase in the production quotas of cannabis, psilocin, and psilocybin (“magic […]
Key Takeaways from the FDA’s Review of CBD Products for Mislabeling and Adulteration
FDA recently sent an overdue report to Congress regarding its review of CBD products for mislabeling and adulteration… The U.S. Food and Drug Administration (FDA) recently sent an overdue report to Congress regarding its review of cannabidiol (CBD) products for mislabeling and adulteration. The FDA report revealed that mislabeling and adulteration are not widespread, it did […]
Financial Regulators Seeking to Help Hemp Businesses Access Banking Services
Several financial regulators recently issued a statement making it easier for banks to provide services to hemp businesses… The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), the Office of the Comptroller of the Currency, and the Conference of State Bank Supervisors recently issued […]
