On April 30th, as reported by the U.S. Hemp Roundtable, the Ninth Circuit Court of Appeals issued a ruling making it clear that the DEA’s new “marihuana extract” rule does NOT include products made from hemp, including hemp-derived CBD. This is huge news for the industry and consumer access!
At the end of May, Congress directed the U.S. Department of Agriculture (USDA) to spend $500,000 to begin rebuilding the country’s hemp gene bank. As anyone familiar with the industry knows, having stable genetics that works for our various regional climates is one of the largest hurdles in re-establishing hemp agriculture in the U.S., so this is exciting news. Read more about it and other hemp news in this Forbes article.
Last Tuesday, the U.S. Senate unanimously passed a resolution, in honor of Hemp History Week, that recognizes hemp’s “historical relevance” and “growing economic potential” while bemoaning the fact that the U.S. is “the only major industrialized country that restricts hemp farming.”
We recently learned that the Hemp Farming Act has been included in this year’s Agricultural Act (Farm Bill), which is a must-pass piece of legislation. Though there are many steps left before that happens, this is truly a good sign. We may very well see the end of hemp prohibition this year. Hemp, hemp, hooray!