NCIA Member Town Hall: Federal Cannabis Policy in Flux - What Businesses Need to Know Now

Description

Federal cannabis policy is entering a period of significant uncertainty. Recent developments surrounding the federal definition of hemp, continued movement on cannabis rescheduling, and the lack of clear federal guidance are creating new questions for cannabis and hemp businesses, as well as for the banks, credit unions, insurers, and other service providers they rely on. 

Join NCIA for an exclusive members-only virtual town hall on Wednesday, September 30 for a practical discussion of what these changes mean for businesses operating in an evolving federal regulatory environment. The conversation will begin with a look at the latest federal policy developments, including recent congressional action affecting the definition of hemp and the current status of rescheduling following the conclusion of the ALJ hearing. 

From there, NCIA policy and industry experts will examine some of the less visible but potentially significant implications for business operations, including financial services, FinCEN guidance, insurance coverage, contracts, compliance requirements, and tax policy. As federal definitions and enforcement priorities continue to evolve, businesses need to understand not only what policymakers are doing, but how those changes could affect the third-party relationships and protections they depend on. 

Panelists will discuss why updated FinCEN guidance remains important, what businesses should be asking their financial and insurance providers, and why reviewing existing policies, agreements, and coverage is particularly important for businesses operating in the hemp space. 

Attendees will leave with a clearer understanding of: 

1. The latest developments on hemp and what they could mean for businesses and service providers
2. Where the federal cannabis rescheduling process currently stands and what to watch next 
3. The ongoing need for updated federal financial services and FinCEN guidance 
4. Potential risks related to insurance policies, including exclusions that could affect coverage
5. What businesses should be reviewing in their insurance policies, contracts, and other agreements 
6. How operators can prepare for continued changes in federal policy and enforcement

Whether you are a cultivator, manufacturer, retailer, hemp business, ancillary company, financial services provider, or industry investor, this town hall will help you separate what has actually changed from what remains uncertain and identify the steps your business can take now to be better prepared for what comes next.

Panelists:

Erin Moffet, Principal & Founder, EMMinenet Strategies | NCIA Policy Advisor

Eric Berlin, Partner, Dentons

Susan Crum, CCBP, AVP/Sr. Cannabis & Hemp Relationship Manager, Dart Bank

Summer Wilson-Jenkins, CLCS, Director of Programs and Carrier Partnerships, Carma Insurance LLC

Moderator:

Brooke Gilbert, Chief Operating Officer, NCIA