Lending Opportunities: Hemp, The Farm Bill, and Their Impact on Ag Lending

The 2018 Farm Bill opens a new opportunity for credit unions in servicing hemp-related businesses, but also brings increasing risks. Abrigo experts outline some critical questions that CUs can use to begin evaluating the potential value — and risk — in taking on cannabis-related businesses (CRBs).

For growth-minded credit unions, the recent legislation for cultivating hemp in the US may shed light on a new opportunity regarding the banking and servicing of hemp-related businesses. But the changes tied to the Farm Bill also bring increasing risks for banks and credit unions who take on these clients.

Download this white paper to learn:

• How to evaluate the opportunity

• The impact of the Farm Bill

• The differences between cannabis, marijuana, hemp, and cannabinoids (CBDs)

• Potential risks of taking on these banking relationships 

Offered Free by: Abrigo