There’s a connection being made between the legalization of hemp through the passing of Farm Bill 2018 and CBD. It brings up more than one interesting topic for discussion. A good question to ask is how the cannabis industry may benefit from this act and what this bill will mean for the booming CBD industry. It’s important to recognize that cannabinoids are found in both cannabis and industrial hemp. So, the better question to ask is how the passing of Farm Bill 2018 will directly benefit the cannabis and CBD industry.
When it comes to commodities, the Farm Bill 2018 sets limits and adjustments on the regulation of crop acres. It also has guidelines regarding insurance policies and loans, which helps to ensure the economic viability of farming.. Fittingly, it also has rules for dairy production and programs in that field. The regulations for wetlands complement the provisions for commodities by repealing previous restrictions. This ultimately opens wetlands for commercial use and allows for better land ratio. With this use comes a whole other set of rules to make sure that wetlands can be conserved and converted as needed for the good of the nation. Other titles include regulations on how domestic US crops are to be used in foreign aid as well as how they should be used to feed those in need within this nation.
Somewhere within all those lines and item lists rest clauses about the production and sale of industrial hemp, a key component of CBD production.Because there is more than a recreational side to use and production of cannabis.For those who have not heard, legalization of medical and recreational sales have been a big hit for every state that is involved. But, the fact is that cannabis is still underutilized, and it still operates as a federally illegal substance. With the latest round of changes in the farm bill, this somewhat covert operation comes to an end and opens the door for medical use and research to take place on how CBD can be used to treat a wide variety of symptoms. Many see the passing of Farm Bill 2018 as the stepping stone to complete legalization cannabis.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers