Posts Tagged ‘Farm Bill’
Congress Backs Farm Bill; Hemp Production Legalized
Good news for direct sellers looking to jump on the CBD bandwagon: Congress has backed the $867B Farm Bill, which legalizes the production of hemp. The House voted 386-47 in favor of the bill following an 87-13 thumbs up in the Senate the day before. The bill includes provisions that remove industrial hemp from the Controlled…
Read MoreA Modern-Day Gold Rush?
Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…
Read MoreCannabis Legislation Will Open New Doors for Direct Sellers
Next month, the U.S. Senate and House of Representatives are expected to meet to reconcile differences in their versions of the Farm Bill. One of the key points to be considered, the legalization of industrial hemp, is being carefully monitored by several direct selling companies looking to take part in what is expected to be…
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