CannabisNews420.com – Cannabis/Marijuana Industry News
The $867 billion 2018 Farm Bill was signed into law by the President on December 20th, 2018.
The reconciled farm bill mainly just reauthorized many expenditures in the prior 2014 Farm Bill. However, it put an end to five decades of hemp prohibition. Hemp was afforded limited legal protections in 2014, when Congress passed a farm bill that authorized states to develop pilot programs for its research. The 2014 Farm Bill eventually gave rise to a patchwork of state regulations regarding hemp and hemp-derived CBD. While the bill did include legislation that impacts traditional U.S. farmers, the portion of the bill that stands to have the most impact is the part that focuses on hemp.
The 2018 Farm Bill, among other things:
- Removed hemp’s low amounts of THC from the Controlled Substances Act;
- Allows the U.S. Department of Agriculture to regulate the crop like any other agricultural commodity;
- Permits hemp products – like CBD – to be introduced into interstate commerce.
- Allows hemp production in all 50 states for any use, including flower production and CBD or other cannabinoid extraction;
- Allows interstate commerce for hemp and hemp-derived CBD
However, this updated guidance was interpreted and misinterpreted throughout the hemp … Keep reading