In 2018, the Farm Bill legalized hemp and "low-THC derivatives of cannabis, such as CBD products" at a federal level. This finally paved the way for CBD businesses to begin selling products nationwide.[footnote]FDA. "Hemp Production and the 2018 Farm Bill". Accessed on February 28, 2023.[/footnote] However, this law only legalizes CBD products with 0.3% THC concentration or less, meaning not all CBD products are legal. Likewise, many states have used the Farm Bill to legalize CBD, while others have continued enforcing anti-hemp laws, creating a grey zone for low-THC products. As a result, CBD laws vary considerably across state borders, making it challenging to predict the future of the industry.Many financial institutions steer clear of regulated industries—such as CBD, adult content, and vaping—as they're open to regulatory changes and carry an associated reputational risk. Therefore, accessing merchant accounts, payment processing, payment gateways, and other merchant services may be challenging for CBD businesses, regardless of the industry's legality.