While there is some debate on which was the biggest year for hemp, I personally feel that this year, 2019… will be THE BIGGEST YEAR for CBD HEMP.
By biggest, I mean biggest in impact. I know no one likes sensationalized or clickbaity titles, despite the fact that’s how interest in politics is being fueled right now, but this baby is for real.
So what exactly makes 2019 so special?
Easy: The 2018 Farm Bill, more formally known as the ‘Agricultural Improvement Act of 2018.’
What The 2018 Farm Bill Says
Passed by the Senate in December of last year, the $867 billion farm bill removes hemp from the controlled substances list and makes the production of industrial hemp legal in all 50 states. Not only that, but the bill allows for states to develop their own practices on how to regulate the crop. Not only that, but it allows interstate commerce (a fancy way of saying sales and trade of certain goods, in this case hemp, between states). Not only that, but now that hemp is federally legal, banks and credit card companies can begin servicing the industry. The list goes on and on.
What Is Hemp?
Okay, so it is now federally legal, but what EXACTLY is “hemp?”For those not in the loop, hemp is defined as a variety of the Cannabis Sativa plant whose concentration of delta9-THC does not exceed 0.3% on a dry weight basis. THC is the compound that gets you high in marijuana, and just so happens to be a natural byproduct in hemp-growing. Yet an additional bonus to the new farm bill is that if producers do happen to grow hemp that exceeds this 0.3% threshold (which can happen quite easily), it is no longer treated as a crime. Instead, producers must submit revisions on how they plan to ameliorate the offending plants.
How The Use Of Hemp Can Help You
Perhaps more notably for those who peruse Dr.Ganja, “hemp” is the main source from which cannabidiol (CBD) is derived. Thus, research on hemp and it’s golden child, CBD, should now have all green lights as its federally legal. As research improves, potentially more therapeutic uses for CBD and other cannabinoids found within hemp can be developed, as well as more precise dosing for those ailments that CBD already assists with. And simply put, more hemp means more CBD.
The new Farm Bill is dope when it comes to CBD, no questions asked. It either directly or indirectly promotes more research, more testing, more hemp, more hemp products, more CBD, more CBD products, more financial support for licensed farmers who grow hemp, more leniency for high-testing plants for those farmer… the list goes on.
2019, the year of the hemp plant.
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Very good points!