On November 12, 2025, President Trump signed the “Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act” (H.R. 5371). Section 781 effectively created a federal ban on intoxicating hemp‑derived THC products such as delta‑8, delta‑10, high‑THCA items, and certain synthetic cannabinoids.
There is a lot to this law but to put it in simple terms, it changed the definition of hemp which ultimately means that certain products considered to be legal today, will fall under the definition of marijuana (and therefore illegal under federal law) once the changes go into effect on November 12, 2026.
This could significantly impact financial institutions and their customers.
Kevin touched on this at our March AML/CFT Membership Group meeting. Hear what he had to say:
Published 2026/04/14