THE FEDERALLY REGULATED DECLINE, REBIRTH, AND DECLINE OF THE UNITED STATES HEMP INDUSTRY

Article by: Henry Webb, Patrick R. Baker, Paula H. Moore, and Karen Scanlon

This article considers the United States hemp industry, including how it has fared in an uncertain federal regulatory environment from the Civil War to the present, several continuing barriers to its success, and two proposed federal laws, the SAFE Act and the STATES Act, which are intended to remove one of those barriers–an inability to obtain traditional financing from United States financial institutions.