Exciting news!

The 2018 Farm Bill has been signed into law yesterday, with wide-reaching ramifications for the hemp and CBD industries – some encouraging, some that remind us it will take time before CBD is truly accepted into the mainstream.

Below is a link to an article (behind a free 7-day trial registration wall) that’s a useful primer on the implications of the Farm Bill, with some notable quotes below. 

https://www.law360.com/lifesciences/articles/1113430/2018-farm-bill-marks-watershed-moment-for-industrial-hemp

…one of the primary achievements of the 2018 farm bill is the attempt to address the uncertainties left open by the 2014 farm bill…by creating a clear regulatory structure for the commercial development and legal protection of hemp and hemp-based CBD.

…the bill specifically amends the CSA to provide that the legal term “marihuana” explicitly “does not include hemp” as defined by the farm bill. As a result, the legal definition of hemp and hemp-based CBD and its distinction from marijuana should now be clear…

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