The Hemp Farming Act of 2018 (the “Bill”) introduced by Senate Majority Leader Mitch McConnell, would provide a much needed stimulus for the United States rural economy. Given the pending risk of a trade war looming over agricultural businesses, the continuing decline in agricultural commodity prices, and the ever-present institutional risks facing producers, one might
Hemp Farming Act of 2018
The Hemp Farming Act of 2018….Legalize it!
The bill, known as the Hemp Farming Act of 2018, would legalize hemp, removing it from the federal list of controlled substances and allowing it to be sold as an agricultural commodity. “By legalizing hemp and empowering states to conduct their own oversight plans, we can give the hemp industry the tools necessary…