Understand the impact and implications of hemp legislation on CBD
CBD sales have skyrocketed following the passage of the 2018 Farm Bill, which declassified hemp as a controlled substance. However, the legal status of cannabidiol (CBD) remains a murky gray area.
Is your financial institution deciding whether to bank or looking to avoid CBD customers? In this flowchart, we walk through the questions to consider when assessing cannabis compliance risks.
Download the flowchart to learn about:
- Cannabis compliance with federal and state marijuana, hemp, and CBD legislation
- Six questions to ask when assessing the legality of CBD
- How your financial institution can better evaluate cannabis risk related to CBD businesses
For information, reference: The ABCs of CBD: Cannabis Cheat Sheet for Compliance Officers
Deciding to bank or looking to avoid CBD customers, our database of cannabis-related corporate intelligence enables financial institutions to reveal connections and evaluate risk and opportunity. Contact us through our live chat today!