Hemp might be legal now, but more and more hemp companies are finding themselves in court.
That’s because the booming industry has attracted a mix of new entrepreneurs and get-rich-quick scam artists looking to take advantage of a new market with few established players.
Making matters more complicated for hemp businesses is the fact that many benefits of legalization – notably banking access and crop insurance – could take years to materialize for many, as traditional financial institutions tread slowly in an uncertain industry.
That’s why it’s invaluable to have guidance from those who know the legal landscape.