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Friday, March 29, 2024

HUSCH BLACKWELL LLP: Hemp Lending: Preparing for the Next Commodity Crop

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Husch Blackwell LLP recently issued the following announcement.

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

Chrissie Simpson, Attorney

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.

When: March 31, 2020

Original source can be found here.

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