AGRIBUSINESS

USDA Issues Final Rules on Hemp Production

After the USDA and DEA issued their final interim rules on an American hemp production system in October 2019 and August 2020, the USDA issued its final rule on January 19, 2021. Industry participants and service providers have been eagerly awaiting the release of the final regulations to gauge the directional winds for the burgeoning [...]

2021-02-04T13:17:38-06:00February 4th, 2021|AGRIBUSINESS, CANNABIS|

The USDA Releases (Interim) Final Rules on Hemp Production

Effective October 31, 2019, the U.S. Department of Agriculture (USDA) released the long-awaited interim final rules on the production of hemp in the United States of America. This legislation is a massive moment for the fledgling product’s return to the American agricultural market after roughly 50 years on the sidelines. Hemp has been grown in [...]

2020-10-21T14:31:53-05:00December 13th, 2019|AGRIBUSINESS, CANNABIS|

Don’t Let Time Pass You By: 5 Tax Tips Every Farmer Should Know

Farming is the business that America was founded upon. The IRS considers the business of farming to be anyone who cultivates, operates, or manages a farm for profit, as an owner or a tenant. Also included in farming are livestock, dairy, poultry, fish, fruit, and truck farms, including plantations, ranches, ranges and orchards. There are [...]

2018-11-12T15:55:56-06:00July 1st, 2012|AGRIBUSINESS|