Hemp Change Effective Date Pushed Back
Back in November 2025, President Trump signed the “Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act” (H.R. 5371) which effectively created a federal ban on intoxicating hemp-derived THC products such as delta‑8, delta‑10, high-THCA items, and certain synthetic cannabinoids. In essence, it closed the hemp loophole which ultimately means certain products that were in fact “legal” may now be considered illegal marijuana products.
This obviously has the potential to significantly impact financial institutions and their BSA/AML/CFT policies and procedures.
While the change was slated to take effect on November 12, 2026, we recently learned that the effective date has been pushed back to December 11, 2026.
Emily explains this change and the potential impact in the video:
Published 2026/10/27
Emily Riley
Emily joined Banker’s Compliance Consulting with past roles that include Compliance Officer, CRA Officer, Flood Specialist and head of the Mortgage Department at a community Bank. Though some may find it a bit mundane, Emily enjoys reading regulations – often in the middle of the night when the insomnia kicks in. Emily has a heart for compliance and loves to see others succeed. Emily and her husband have two children, two dogs, and two birds. Though Emily has numerous hobbies (some of which include motorcycles (Harley Davidson), piecing quilts, and reading) her favorite thing is to spend time with her husband, children, and family.