Industrial Hemp And The 2018 Federal Farm Bill
Critical Legislation To Encourage Future Growth Of Industrial Hemp Included In The 2018 Farm Bill
Farmers are poised to expand and privatize their hemp acreage if the bill passes
Who would have thought that Senator Mitch McConnell would be the politician advancing cannabis's cousin, hemp, in the United States. People still have the misconception that hemp is a drug and can get you high. Industrial hemp while a member of the cannabis family has .3% or less THC - the compound that causes the high, or euphoria. Times are certainly changing. It's looking like Hemp is here to stay in the U.S. with important protections and safety nets for farmers. Every State that currently farms hemp has the backing of their respective Senators. Even these politicians are hip to hemp.
Senate minority leader Charles Schumer announced that the bill to make industrial hemp legal will most likely pass both houses of congress as part of this year's farm bill. It overwhelmingly passed the senate on Thursday 86-11. This will open up the new crop to for thousands of farmers across the country, where industrial hemp is currently legal. Hopefully this bill will allow every state to grow hemp. Hemp has already made a positive impact for farmers in niches that are not doing well including dairy farms, potato farmers and grain farmers.
The Bill Would:
Declassify industrial hemp as a schedule 1 drug in the controlled substance act
Allow States to be their own regulators of the crop
Open up research programs and applications for federal grants
Allow farmers to take out crop insurance
Hemp has over 25,000 known uses including food, nutrients, textiles, paper, ethanol. We spends hundreds of millions of dollars on products that contain industrial hemp. American hemp farmers can't keep up with the demand with the small amount that is produced in the United States currently. Its the most versatile crop in the world at a time when farmers are looking for new crops that are profitable. The grain is filled with protein while the seed's oil is an amazingly nutritious. Canada produces over 90,000 acres of hemp, mostly for hemp seed products, so needless to say we are far behind. This has increased dramatically over the last couple years due to imports into the US. Thats right, we are importing all of Canada's hemp products and not growing it here which would create thousands of jobs, millions (soon to be billions) of dollars and most importantly get farmers farming again for a profit.