Farms.com Home › News

Hemp Industry Cleared By U.S. Regulators To Work With Banks

Dec 05, 2019

Subscribe to our Newsletters

Federal and state bank regulators announced Tuesday that they were scrapping a burdensome requirement that banks said kept them away from the hemp business, The New York Times reports. Banks will no longer have to treat their hemp customers as suspicious and file reams of paperwork to anti-money-laundering authorities for each interaction.

Click here to see more...

Trending Video

First Day Of Planting Cotton!!

Video: First Day Of Planting Cotton!!

We are a Family Farm in West Tennessee growing soybeans, corn, wheat, and cotton! You can actually buy a 100% cotton shirt at https://5thgencottonco.com out of the cotton we grow on our farm!

Conservative ag critics call out Liberals

Sask. RM declares agricultural disaster

Business News by Better Farming

$15.1M to Scale Whole-Cut Plant-Based Protein ›

Kansas Wheat Tour Highlights Crop Quality Chal... ›

NASDA Boosts Ag Exports Through Trade Program ›

Food Sector Drives US Economic Power ›

USDA Beginning Farmer and Rancher Development ... ›

Rethinking Coverage Limits in Dairy Risk Progr... ›

Biodiesel is Helping Farmers And Fleets Stretc... ›

Growing Our Generation: Diversifying Farm Income ›

General News by Better Farming

Syngenta Canada names Matt Legg as head of profes... ›

Ag Canada Bumps New-Crop Canola Ending Stocks Est... ›

Seeding progress made, despite mixed precipitation ›

U.S. flour consumption continues long slump ›

Saskatchewan Climate Outlook: May 14, 2026 ›

Saskatchewan Climate Outlook: May 21, 2026 ›

Tara Sawyer named new Alberta ag minister ›

Future of research, regulations among topics disc... ›

Forums by Agriville.com

A real lobby effort results ›

Winter wheat harvest Highwood Montana ›

U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›

Rain lottery ›

Friday crop.report on a Thursday middle of July on ›

Current N pricing ›

Machinery News by Better Farming

AGCO to Present at the J.P. Morgan 2026 Global Technology, Media and Communications Conference

AGCO to Present at the J.P. Morgan 2026 Global Te... ›

Deere Reports Second Quarter Net Income of $1.773 ... ›

U.S. & Canadian Sales of Combines Increased in April ›

AED’s McGuire Lends Equipment Dealer Support to E1... ›

NAEDA/AED Announce Washington, D.C. Policy Confere... ›

Crop News by Better Farming

Asparagus signals the start of Ontario’s fresh food season

Asparagus signals the start of Ontario’s ... ›

$15.1M to Scale Whole-Cut Plant-Based P... ›

Syngenta Canada names Matt Legg as head... ›

Ag Canada Bumps New-Crop Canola Ending ... ›

Seeding progress made, despite mixed pr... ›

Livestock News by Better Farming

Dust Raises Pneumonia Risk in Cattle

Dust Raises Pneumonia Risk in Cattle ›

Illinois Extension Hosts Inaugural Dixo... ›

Regenerative Agriculture in Action: Gra... ›

Rethinking Coverage Limits in Dairy Ris... ›

Dry, Dusty Conditions Can Increase Pneu... ›

Sponsored Links:

Highest Yielding Soybeans, PigCHAMP Grow-Finish, Precision Agriculture, Swine Reproduction Software

This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.