2018 Farm Bill - What You Need To Know
The legislative enactment of the 2018 Farm Bill signaled the kickoff of major changes in the global marketplace for industrial hemp. We have included a variety of resources on the subject matter. Whether you are an end-user, farmer, manufacturer, distributor, wholesaler, or affiliate, these critical resources will be helpful to you in terms of clarifying this newly enacted law.
In summation the 2018 Farm Bill:
- Removed hemp from the Controlled Substances Act
- Allows farmers to pursue federal hemp cultivation permits
- Allows individual states to govern the industry inside their borders as they deem necessary
For those who may not know, in 1937, cultivating hemp was declared illegal in the United States. The industry was shot down via a law crafted by a prohibitionist named Harry Anslinger. The law, called the Marihuana Tax Act put an end to many promising businesses, careers, and dreams.
As we now know, it also put an end to the health and wellness of millions. That stated, with the passing of the 2018 Farm Bill, we are now seeing a rapid revitalization of this vital agricultural commodity along with its numerous commercial uses.
What’s Next for Cannabis Businesses?
Brought to us by the Cannabis Business Times. On their, “About Us” page, they state:
Cannabis Business Times is owned by GIE Media, based in Valley View, Ohio. CBT’s mission is to help accelerate the success of legal cannabis cultivators by providing actionable intelligence in all aspects of the business, from legislation, regulation and compliance news to analysis of industry trends, as well as expert advice on cultivation, marketing, financial topics, legal issues and more.
Congress Just Passed An $867 Billion Farm Bill. Here’s What’s In It
Summary: Written by a policy reporter for the Washington Post, this article is a summary of the overall bill, not just the portion that covers hemp and CBD.
What Does The Farm Bill Do?
Summary: This is a full-fledged analysis by US Hemp Roundtable General Counsel, Jonathan Miller.
Industrial Hemp - Frequently Asked Questions
Summary: This question and answer session is brought to us by the United States Department of Agriculture in conjunction with the National Institute of Food and Agriculture. It is a vital Q & A that covers questions about industrial hemp, the source of CBD.
Here, we link to the actual 2018 Farm Bill, all 807 pages.
When speaking about CBD Oil, it is essential to know what’s going on in terms of the law and health. We’ll keep you up to date as things change. In the meantime, you can find info about which CBD Oil is best, the benefits of CBD Oil, and the understanding CBD dosages.
