2018 Farm Bill December 24, 2018 – Posted in: Uncategorized
What it means and why it matters.
For several years, there has been much confusion, concern, and uncertainty around the future of CBD. Is it legal? Can I travel with it? Is it marijuana?
For a little bit of background, hemp is defined in the legislation as the cannabis plant (yes, the same one that produces marijuana) with one key difference: hemp cannot contain more than 0.3 percent of THC (the compound in the plant most commonly associated with getting a person high). In short, hemp can’t get you high. For decades, federal law did not differentiate hemp from other cannabis plants, all of which were effectively made illegal in 1937 under the Marihuana Tax Act and formally made illegal in 1970 under the Controlled Substances Act—the latter banned cannabis of any kind.
This is a pivotal moment in American history. The passing of the 2018 Farm Bill gives more Americans easier access to CBD as a health supplement. And that’s just the start.
Prominent researchers will be able to pursue studies that will shed more light on the how and why millions of people are experiencing positive benefits from hemp.
And we can now finally give American farmers the opportunity to grow this sustainable cash crop for food, textiles, dietary supplements, and more. The doors are wide open for opportunity and prosperity.
There is much work to be done still, and there still exist some gray areas with the Farm Bill – here’s a link to an article that details the what, why, and what’s next for CBD in America.