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Hemp Legal 101! So, you’re planning on starting up your own hemp or Hemp processing business. You think you’ve got it all planned out: where you’ll set up shop, what methods you will use, what products you will make, who you’ll partner with, etc. What about local laws and regulations? Do you know what to do if your plants or products test “hot?” Have you read the 2018 Farm Bill? Do you know the specific laws in your state, county, or city? These are all vital pieces of information that you need to recognize to be safe, successful and compliant - all of which are necessary to ensure your hemp or botanical startup stays afloat and profitable. In this episode of extrakTALKS, Dr. Jon and Randall Thompson sit down with extraktLAB’s general council, Melvin Welch to discuss all things hemp legal. A number of topics are discussed in detail including the ins and outs of the 2014 and 2018 Farm Bill, delta-9 vs. THC-A content, what to do if a crop or product tests hot, labeling requirements and much, much more. If you intend on starting AND keeping a safe and legal hemp business in an increasingly opportunistic market, you need to hear this episode of extrakTALKS with Dr. Jon, Randall Thompson and Melvin Welch. For a FREE 20 min CBD Jam Session: https://extraktlab.com/jamsession Watch as Dr. Jon gives a Live Tour of 5 Ton/Day Processing Facility: https://extraktlab.com/live-tour Here is a link to a FREE Advanced guide to extraction: https://extraktlab.com/advanced-extra... Check out our playlist about Co2 Extraction here • CO2 Extraction Take a look at our featured video at • LIVE TOUR: 5 Ton/Day Facility Important Links: https://extraktlab.com/supercritical-... / extraktlab / extraktlab / extraktlab Have a recommendation for a future episode? Leave a suggestion in a comment below! Introductions (00:00) Hemp Legal (06:38 ) What has happened since the 2014 farm bill passed? (06:58) 2018 Farm Bill passed (09:14) Farmer biomass process for the market?(11:24) Delta Nine Vs Acid form (13:00) Legal Disclaimer (14:33) Regulations from USDA (15:00) What happens when the crop goes hot?(16:00) Whats a farmer to do? (17:53) Processors and crossing state lines?(21:24) What if I have a hot crop? (24:00) Word on Testing(24:57) State of Illinois what can we do about waste?(26:11) Are there hidden landmines in a Certificate of Analysis (COA)?(30:21) Compliant label for transportation?(31:15) Contracts, Contracts, Contracts (33:43) Key things you need to have in contract?(36:34) Top three points(41:33) Shipping Terms (42:05) What level are you indemnified?(42:36) In process materials(43:07) Dilution is the solution to Pollution(46:00) Cannot codify business expectations of your customers(47:56) Industrial Program North Dakota (49:59) Manage expectations (50:29) Main points on labeling (51:21) The rabbit hole, Investigational New Drug (IND) and grass(53:21) Customer review claims(55:41) Summary on labeling(58:52) Words on Certificate of Analysis (COA)(1:00:38) Social Network (1:04:17) Next Episode Intro(1:04:43) CBD Jam Session (1:06:15) Melvin Welch: "Although I am a lawyer. I am not providing any legal advice to anybody here. None of the things I say should be relied upon to any degree of certainty no one here is my client except for United science and Nemadji." Thanks for watching our Hemp Legal 101 video. If you have any suggestions or recommendations for future videos leave a comment down below!