The Business of Cannabis and Hemp in 2024
Hemp and cannabis businesses know that the industry is ever evolving. In 2024, changes will continue. Industry advocates hope that the new Farm Bill will provide better regulatory guidance and that the Secure and Fair Enforcement Regulation, or SAFER, Banking Act will finally resolve the banking hurdles faced by businesses in the industry.
Both pieces of legislation will bring positive changes if passed. But these and other legislation—even if positive—may also bring unknowns, and that's why it's important to proactively plan. This whitepaper shares five ways your hemp or cannabis business can withstand these changes and emerge stronger in the coming years.