Authorities have seized truckloads of crops they mistook for marijuana
Farmers cheered when hemp was legalized nationally for the first time in decades. But more than a year later, differing state regulations and law enforcement’s unfamiliarity with the plant are complicating efforts to capitalize on the crop.
Cultivation of the plant—used to make industrial fiber and the alternative health remedy and food additive cannabidiol, or CBD—has expanded in recent years and was permitted across the U.S. as part of the 2018 Farm Bill. The U.S. Department of Agriculture in October then set out rules for the licensing and monitoring of hemp.
However, while those changes expanded farmers’ access to a potentially lucrative cash crop, they didn’t address how to move hemp in states that still treat the plant as an illegal variant of cannabis. That is proving an obstacle for businesses attempting to embrace hemp’s newfound legality to expand nationwide.
The uncertainty is the latest example of hazy regulations around the fast-growing market. Food makers have recently slowed development of new products containing CBD after the Food and Drug Administration signaled there wasn’t enough evidence to ensure it was safe to consume.[Read More @ The Wall Street Journal]
Your email address will not be published. Required fields are marked *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Comment *
Notify me of follow-up comments by email.
Notify me of new posts by email.
Δ
Japan’s cannabis market expanded sixfold over four years to Â¥24 billion ($154 million) in 2023, a trend that is expected to accelerate with the amendment in December of cannabis laws,…
Los Angeles-based Ispire Technologies (NASDAQ: ISPR) is a three-year-old company built on the foundation (and reputation) of a global enterprise with many years of experience as an ODM (original design…
Sacramento is one of the best cities in the nation for cannabis fans, according to a new study. Real Estate Witch and Leafly, an online cannabis guide and marketplace, analyzed…
For the last two years, people have been able to stroll into New Jersey dispensaries to buy weed. But growing your own cannabis plant remains a third-degree felony. Despite a growing…