VPRB - USDA Official Says Hemp Rules Just Weeks Away
Players and prospective players in the hemp and CBD space can finally breathe easy after word got out that the U.S. Department of Agriculture (USDA) intends to issue draft final rules on hemp production in a couple of weeks. For the past few years, CBD has been garnering interest among the medical, beauty, and wellness industry. The compound is extracted from the hemp plant, and it is effective against a ton of medical conditions, ranging from insomnia and anxiety to epilepsy.
Until 2018, the cultivation of industrial hemp was prohibited due to cannabis’ status as a Schedule 1 controlled substance. The Farm Bill of 2018 changed all this, legalizing the cultivation of industrial hemp. Players have been quick to flood the industry with products, but regulation is still loose at this stage. “States are currently working their way through the rulemaking process, but they do need guidance,” says Sen. Joni Ernst. During a hearing before...
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