A major step for hemp: The Hemp Farming Act of 2018

Up until this point, hemp has walked the line in a legal grey area. While the US classifies hemp as containing less than 0.3% THC and cannabis as containing more, it has maintained that differentiating the two is difficult. However, hemp advocacy group Vote Hemp welcomed a new bill introduced this past Thursday. If passed, the Hemp Farming Act of 2018 would effectively remove industrial hemp from Schedule I of the Controlled Substances Act. This means it would no longer carry the same status as its psychoactive cousin cannabis; it would also authorize and encourage access to federal research funding for hemp, removing restrictions on banking, water rights, and other regulatory barriers the hemp industry currently faces. This is the first hemp-related farming bill to address the USDA instead of the DEA, targeting hemp’s agricultural potential instead of its classification as a drug.
Source:
Watson, Elaine. “Vote Hemp Welcomes Hemp Farming Act 2018: ‘CBD Is Included in the Definition and Will Be Part of the Industry’.” Foodnavigator-Usa.com, 13 Apr. 2018, www.foodnavigator-usa.com/Article/2018/04/13/Vote-Hemp-welcomes-Hemp-Farming-Act-2018-CBD-is-included-in-the-definition-and-will-be-part-of-the-industry.