How to Overcome Hemp Banking Challenges
In this video, Joey Fuson from Hemp Law Group explores the critical banking challenges faced by hemp businesses, particularly in Tennessee. Despite the federal legalization of hemp under the 2018 Farm Bill, many financial institutions remain cautious about providing services to hemp-related operations due to regulatory uncertainties and the association with cannabis. Joey discusses key issues, including confusion with cannabis, regulatory risks, and the challenges posed by Tennessee’s strict Hemp-Derived Cannabinoid (HDC) regulations. Learn effective strategies to navigate banking challenges, secure financial services, and ensure compliance to protect your hemp business. Watch now to gain valuable insights on overcoming obstacles and maintaining access to essential banking resources.
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