Hemp Opportunities Growing Like Weeds

While farmers and other businesses across the country are eager to break into the newly legalized hemp industry since the passage of the 2018 Farm Bill, Pennsylvania’s lawmakers are working diligently to ensure that their constituents are out in front of the rest of the nation. Section 10113 of the lengthy federal legislation may have gone unnoticed by some, but for those that can smell opportunity a mile away, widespread legalization of industrial hemp is a trigger for both celebration and elbow grease.

The industrial hemp provisions of the 2018 Farm Bill set forth a detailed definition of “hemp,” and de-schedule any product meeting that definition. This move effectively allows the non-psychoactive cousin of marijuana to be grown as a cash crop by American farmers, but also mandates a regulatory structure to keep production of this useful cannabis plant under state, tribal or federal oversight.

https://www.barley.com/hemp-opportunities-growing-like-weeds