Banking Boost Eases Growing Pains Of U.S. Hemp Industry

The rapidly growing army of U.S. hemp farmers have received a major boost after strict rules governing banking were eased. Four senior federal financial regulatory agencies announced that banks no longer have to take extra steps to track accounts for hemp-related businesses. The difficulties hemp farmers have encountered are amply demonstrated by this tale of […]

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Mitch McConnell Meets Cannabis Executives And Tours Facility In Lowkey California Visit

Senate Majority Leader Mitch McConnell (R-KY) is meeting with marijuana industry executives in Southern California this week and is scheduled to tour a cannabis facility there—a development indicating that the senator is increasingly willing to engage with stakeholders of hemp’s “illicit cousin,” as he describes it. As first reported by MarketWatch, McConnell was scheduled to discuss cannabis […]

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