skip to Main Content
Hemp CBD industry facing uncertainties during election year
If Democrats take control of the Senate following the 2020 election, the hemp industry could arguably suffer a significant loss since Mitch McConnell will no longer be Senate majority leader.

U.S. Sen. Mitch McConnell has long been a powerful advocate for the hemp industry.

It was McConnell who spearheaded legislation incorporated into the 2018 Farm Bill that removed hemp and its derivatives from the Controlled Substances Act (CSA)—and the Kentucky Republican could prove invaluable in garnering support for a bill that would pave the way for the lawful marketing of CBD-containing dietary supplements.

“Our biggest champion for hemp and CBD without question has been Mitch McConnell,” said Jonathan Miller, general counsel to the U.S. Hemp Roundtable, in an interview. “Some would argue if he were no longer majority leader, that would hurt our industry.”

If Sen. Chuck Schumer (D-New York) rose to become majority leader of the Senate, Miller predicted McConnell would be named minority leader. Schumer himself has been active on hemp issues. [Read More @ Natural Products Insider]

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

New York State marijuana opt-out tracker

ALBANY, N.Y. (NEWS10) – While some municipalities have decided to opt-out of adult-use marijuana dispensaries and/or on-site consumption lounges in their jurisdiction. Failure to comply before the cutoff date will automatically enter a municipality into the retail market. The Marijuana Regulation & Taxation Act enacted in March allows municipalities this option until December 31. However, failure…

Ahead of Emerald Cup Harvest Ball, cannabis growers raise alarm over taxes, regulations

About 30,000 cannabis enthusiasts are expected to trek through the Sonoma County Fairgrounds next weekend for the revamped Emerald Cup Harvest Ball, a celebration all about the plant that has been a social, regulatory and business fixture for decades in Northern California. Those pot lovers will learn about new, innovative weed strains, while some of…

State board decides against warning labels on cannabis products

The Vermont Cannabis Control Board has decided not to recommend specific warning labels on the health effects of cannabis products, and James Pepper, the board chair, explained to VTDigger how the board made the decision. The Vermont Medical Society urged the board and the Legislature this week to require warnings that cannabis and its main…

Groups From 56 Countries Ask UN To Ensure Secretive ‘Cannabis Initiative’ Is Open To Public Scrutiny

ONE year on from the formal recognition of the potential for cannabis as a medicine almost 200 global advocacy and civil society groups are backing for calls for greater transparency over emerging new cannabis guidelines. On December 2, last year the United Nations Commission on Narcotic Drugs (CND) rescheduled cannabis recognising its medical properties for…

More Categories

Back To Top
×Close search