EPISODE · Aug 30, 2021 · 25 MIN

Hemp Banking

from Hemp Legally Speaking · host Jonathan Miller - National Leading Hemp Attorney & Advocate

Hemp Banking Episode Resources:Host: Jonathan MillerGuest: Bill RepaskyBlog: Hemp Legally SpeakingHemp industry questions covered in this episode:Speaking of cannabis in general, why are hemp businesses having trouble accessing banking services in states where the product is legal?Hemp is federally legal everywhere under the 2018 Farm Bill – so why in the world are hemp businesses still having problems in this area?CBD companies have particularly difficult issues with banking services. Why is that the case?What are the biggest issues that hemp-related businesses can expect to encounter when opening business accounts at banks or credit unions?Concerning retail hemp-related businesses that directly sell merchandise to customers, what issues exist for accepting consumers’ payments by credit cards?Regarding the U.S. House of Representatives’ SAFE Banking Act, what are the benefits for hemp-related businesses?What are the substantive differences between banks and credit unions for hemp-related businesses?If I am a hemp or CBD business, what steps do you recommend I take to access the full range of banking and credit card services?If I am a consumer who supports hemp and CBD, what should I do to help out?If you have questions about the episode or ideas for Hemp related topics, email us at [email protected]

Episode metadata supplied by the publisher feed · Published Aug 30, 2021

What this episode covers

Jonathan Miller interviews FBT attorney Bill Repasky about the challenges and opportunities hemp business face with financial transactions. How can hemp and CBD businesses find banking and credit card services, and what does the SAFE Banking Act mean for them? Repasky is one of the nation’s leading experts on hemp banking, and has led a banking practice for many years since his serve as a banking regulator. If you have questions about the episode or ideas for Hemp related topics, email us at [email protected].

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Hemp Banking

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This episode is 25 minutes long.

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This episode was published on August 30, 2021.

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