Frequently Asked Questions
Find answers to common questions about our cannabis compliance services, institutional certification, and federal contracting capabilities.
Hemp Farmers of America (HFA) is a division of USA Entertainment Ventures, LLC that serves as the national authority for cannabis and hemp financial compliance. We provide subscription-based compliance infrastructure for financial institutions, federal agencies, and cannabis operators.
Our non-fiduciary, non-plant-touching approach means HFA never assumes fiduciary, lending, or processing roles. We never handle funds, make lending decisions, or physically interact with cannabis products. This positions us as a neutral compliance authority focused solely on standards and frameworks.
Our certification program provides financial institutions with examiner-ready compliance frameworks, staff training programs, governance documentation, and quarterly regulatory updates. This includes BSA/AML protocols, risk assessment frameworks, customer onboarding checklists, and SAR guidelines specifically for cannabis banking.
As a verified Service-Disabled Veteran-Owned Small Business, we offer federal agencies sole-source contracting advantages up to $5M for non-manufacturing services, $8.5M for manufacturing, and $8M for DoD contracts. The VA's Veterans First Program provides mandatory set-asides under 38 U.S.C. § 8127.
Our clearinghouse connects prepared cannabis operators with participating financial institutions through a standardized risk tier classification system. We categorize operators into Tier 1 (low risk - hemp only), Tier 2 (moderate - state-licensed), and Tier 3 (elevated - multi-state operations), providing pre-vetted matches that reduce due diligence burden for institutions.
We support multiple federal agencies including the Department of Veterans Affairs (VA), Health and Human Services/FDA, National Institutes of Health/NIDA, Drug Enforcement Administration, Treasury/FinCEN, and USDA with Schedule III compliance infrastructure and agency-specific cannabis program support.
Schedule III refers to the potential reclassification of cannabis under the Controlled Substances Act. Our Schedule III compliance infrastructure prepares institutions and agencies for this regulatory change, including research enablement, NDA framework support, registration guidance, and banking compliance training.
You can request a consultation through our contact page or by emailing info@hempfarmersofamerica.com. We offer tailored consultations for financial institutions, federal agencies, and cannabis operators based on their specific compliance needs.
