The 2018 Farm Bill's legalization of hemp has opened a new market for agricultural loans. The oil, fiber and protein derived from hemp lead some to predict that it will disrupt and supplant common cash crops. But the federal legalization of hemp has left both lenders and producers in a predicament, given the initial regulations from the U.S. Department of Agriculture and differing state regulatory schemes.
With this evolving patchwork of laws, how can banks safely loan money to farmers who want to produce this new commodity? This webinar will explore the current status of lending to hemp producers, identify key issues for lenders and provide guidance on proactive steps to take as federal and state regulations come into alignment.
This webinar is the first in a quarterly series that will discuss cutting-edge legal issues impacting agricultural lenders.
Presenters
Michael D. Fielding, Partner
Steven N. Levine, Partner
Lauren C. Capitini, Senior Counsel
Who Should Attend
Lenders, CEOs, CFOs, in-house counsel, farmers, farm executives and managers, agricultural co-ops and other businesses, vendors related to the food and ag industry.
Continuing Education Credit
This program is pending approval for Colorado, Illinois, Iowa, Missouri, Kansas, Nebraska, Tennessee, Texas and Wisconsin continuing legal education credit.
CARES Act, COVID-19 & Return-to-Work Guidance
Husch Blackwell’s CARES Act resource team helps clients identify available assistance using industry-specific updates on changing agency rulemakings. Our COVID-19 response team provides clients with an online legal Toolkit to address challenges presented by the coronavirus outbreak, including rapidly changing orders on a state-by-state basis, including those that impact stay-at-home and return-to-work protocols. Contact these legal teams or your Husch Blackwell attorney to plan a way through and beyond the pandemic.
Questions? Contact Shana Hoy at 816.983.8809.