California Industrial Hemp Measure Becomes Law
Senator Scott Wilk, representing the 21st Senate District, announces Governor Gavin Newsom has signed Senate Bill 153 (SB 153)  into law. SB 153 ensures California law is in full compliance with changes to federal law regarding the cultivation of industrial hemp. SB 153 requires the Secretary of the California Department of... Read more
Chart: Farmers and ranchers show interest in growing and using hemp
U.S. farmers and ranchers are interested in growing and using hemp. A recent Farm Journal survey of 950 farmers and ranchers across the United States found that although almost none of them currently grow any form of cannabis, about half would consider doing so – and many would consider... Read more
Federal Courts Are Split on the Legality of Transporting Hemp and CBD in Interstate Commerce
By Ian Stewart When the 2018 Farm Bill was signed by President Trump on December 20, 2018, there was widespread optimism that hemp and hemp-derived products, including cannabidiol (CBD), soon would be freely moving in interstate commerce without interference by state and local authorities. That optimism may have been... Read more
The 2018 Farm Bill – What it Means for Hemp Farmers’ Tax Bill
CPA Covers The Income Tax Implications for Hemp Farms after the new 2018 Farm Bill The Agriculture Improvement Act of 2018 (the 2018 Farm Bill) has officially been signed into law.  One of the major components of this legislation of industrial hemp.  This blog post will mainly focus on what the... Read more
McConnell Says Industrial Hemp Will Be In Farm Bill
November 10, 2018 by AggregatedNews Leave a Comment  Farm bill negotiators in Congress have struggled to resolve differences over work requirements for food stamp recipients, but the Senate’s top Republican guarantees the final version will include legalization of hemp. Senate Majority Leader Mitch McConnell said Friday that completing work... Read more
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