Hello Guest, Login / My Account

US Senate passes Hemp Farming Act

Posted by Admin on 7/2/2018 to News

It seems the tide is turning and the great awakening is happening! Something some people never thought possible...The us Senate just voted 86-11 in favor to legalize hemp! The #HempFarmingAct of 2018 officially removes hemp from the controlled substances list. The move, championed by Senate Majority Leader Mitch McConnell (R-KY), would also make hemp plants eligible for crop insurance.

"Consumers Across America by hundreds of millions and Retail products every year that contain hemp. McConnell said in a floor speech Thursday."but due to outdated federal regulations that do not sufficiently distinguish this industrial cross from a solicit cousin, American farmers have been mostly unable to meet that demand themselves. It's left consumers with little choice but to buy imported hemp products from foreign-produced hemp."

"For the first time in 80 years, this bill legalizes hemp. We forget, but hemp was widely grown in the United States throughout the mid-1800s" Sen. Michael Bennet (D-CO) said in a floor speech on Wednesday. "Americans used hemp in Fabrics, wine, and paper. Our government treated Industrial Hemp like any other Farm commodity until the early 20th century, when a 1937 law to find it is a narcotic drug grammatically limiting its growth. This became even worse in 1970 when hemp became a schedule 1 controlled substance. In Colorado, as is true across the country I have talked to a lot of colleagues about this we see him as a great opportunity to diversify our farms and manufacture high-margin products for the American people."

McConnell Standalone hemp Bill currently has 29 co-sponsors signed on, 17 Democrats, nine Republicans and to Independents.

A congressional research service report released last week says that the "Global Market for hemp consists of more than 25, 000 products."


Source : https://www.forbes.com/sites/tomangell/2018/06/28/u-s-senate-votes-to-legalize-hemp-after-decades-long-ban-under-marijuana-prohibition/2/#70a620f05de8

Add Comment