Posts Tagged ‘Industrial hemp’

Hemp Legalized. Now What?

On December 20th, President Donald Trump signed the 2018 Farm Bill, So what does it mean for direct sellers eyeing the revenue potential of the cannabis market? The bill: Legalizes the production of industrial hemp. Puts the production of industrial hemp, now considered an agricultural product, under the supervision of the Agriculture Department. Removes CBD—the non-psychoactive compound found in hemp—from…

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Congress Backs Farm Bill; Hemp Production Legalized

US Capital

Update 12-21-2018:     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…

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