USDA Unveils Guidelines For Federal Loans To Hemp Business - Cannabis News

The U.S. Department of Agriculture (USDA) recently released guidelines for processing federal loans for the hemp industry.

Since hemp was federally legalized under the 2018 Farm Bill, it is now considered an agricultural commodity like any other crop, and USDA has taken several steps to sync the market with its various programs and services.

And the department’s new memo to state and county offices provides clarity on how to process direct or guaranteed loan applications for hemp producers.

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Kyle Jaeger ~ MarijuanaMoment.net ~