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The Hemp Farming Act of 2018 was a proposed law to remove hemp (defined as cannabis with less than 0.3% THC) from Schedule I controlled substances and making it an ordinary agricultural commodity. Its provisions were incorporated in the 2018 United States farm bill that became law on December 20, 2018.
The 2018 Farm Bill was set to expire last year, but lawmakers extended it for another year. Congress is required to sign a new bill by Sept. 30, or the bill will extend until Sept. 30, 2025. The ...
The 2018 Farm Bill removes hemp and hemp seeds from the statutory definition of marijuana and the DEA schedule of Controlled Substances. It even makes hemp an eligible crop under the federal crop insurance program. The 2018 Farm Bill also allows the transfer of hemp and hemp-derived products across state lines provided the hemp was lawfully ...
Hemp Business Journal estimates that, in leading all hemp product categories, the hemp-derived CBD market will grow from a $390 million-dollar market in 2018, to a $1.3 billion market (3.3x) by ...
Hemp was federally legalized as part of the 2018 Farm Bill, which draws a legal distinction between marijuana and hemp, which must contain less than 0.3% THC. ... And unlike legal weed, which is ...
The 2018 Farm Bill directed USDA to establish a national regulatory framework for hemp production in the United States. [8] The 2018 Farm Bill changed federal policy regarding hemp, including the removal of hemp from the Controlled Substances Act and the consideration of hemp as an agricultural product. The bill legalized hemp under certain ...
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On December 20, 2018, the 2018 United States farm bill was signed into law, legalizing the cultivation of hemp containing less than 0.3% THC at the federal level. An unintended consequence of the bill was that it also legalized at the federal level the production of delta-8-THC, an isomer of THC with similar psychoactive effects. Use of delta-8 ...