26 March 2019 | Online since 2003

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17 December 2018 | USA

Hemp industry expected to blossom under new Farm Bill

The U.S. hemp industry is expecting business to expand and investors to beckon after Congress on Wednesday passed farm legislation that included a provision to legalize and regulate the plant under the Department of Agriculture.
"This is a monumental bill for hemp farming," said Lauren Stansbury of the Hemp Industries Association.
The bill, awaiting President Trump's signature, opens the door to state-by-state regulation, removes hemp, which is part of the cannabis plant family, from the federal enforcement of outlaw drugs and gives hemp farmers access to banking, crop insurance and federal grants, experts said.

Full Story: NBC News
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