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Hemp bill/CBD sales

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saffronnile
Contributor
Posted on

Now that the farm bill passed and will be emplimented on Jan 1 2019, will PayPal fund CBD sales? I cant seem to get a straight answer. 

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Hemp bill/CBD sales

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sharpiemarker
Esteemed Advisor
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Hemp bill/CBD sales

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sharpiemarker
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Hemp bill/CBD sales

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imkzcr
Contributor

This is marked as completed, but I don't see an answer?

Hemp bill/CBD sales

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CBDterri
New Community Member
I have not seen any answers to the original poster. I know the farm bill passed. Will PayPal now accept payments from CBD sales?

Hemp bill/CBD sales

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halfhillfarm
Contributor

The 2018 Farm Bill was signed by the President and will go in effect Jan. 1, 2019. It makes hemp legal in all 50 states making it an agricultural commodity and legalizing interstate commerce. The law removes industrial hemp and its derivatives such as CBD oil from the Controlled Substances Act, removes hemp containing less than 0.3% THC from federal marijuana criminal codes as well as removing banking barriers that has, up until now, prevented PayPal from processing payments. As banks begin to proactively offer credit card processing to hemp companies, will PayPal please make an announcement soon on their policy for legal hemp products before many of us long-time users who want to sell it take other processors up on their offers? This thread is marked as "solved," but there is nothing solved here.

Hemp bill/CBD sales

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aschef
Contributor

Support told me this:

right now in our Acceptable Use Policy on our website, we still do not allow CBD to be processed payments. Email that department directly at <removed> to ask.

Hemp bill/CBD sales

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MamaB34r
New Community Member

How come this small business UK online retailer of CBD bud and flowers (which are not legal in UK..despite mass confusion) <removed>is using PayPal?? Not to mention high street retailers Boots...Holland and Barrett......I can purchase CBD from their websites paying with PayPal???

Hemp bill/CBD sales

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Fullspectrumswe
Contributor

Even here in the US my legal site they pulled PayPal off of after just 1 sale yet huge sites like <removed> is using PayPal and nothing, no problems at all!!! Its so frustrating!!! Grrrrr....

Hemp bill/CBD sales

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myhrdiva
Contributor

Hey there-

 

Was a workaround discovered since the last poster on 6/29/19?

Hemp bill/CBD sales

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Fullspectrumswe
Contributor
None for me my site is still closed until further notice pending new payment processor. Looking into Payment cloud ☁ now

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