The 2018 Farm Bill is Officially Law – Legalizing Hemp and Removing it from the CSA
On December 20th, 2018 United States President Donald Trump officially removed hemp from the Controlled Substance Act. He did this by placing his signature on the 2018 Farm Bill. The 2018 Farm Bill was more than 800 pages long. Within these 800 pages was a provision that was championed by US Senate Majority Leader Mitch McConnell of Kentucky.
The signing of the Farm Bill opens doors for research with CBD as well as research surrounding the application of hemp for a healthier greener tomorrow. Previously when it came to hemp, China controlled an estimated 50% of the global trade.
Legalization Couldn’t Have Came at a Greater Time for U.S. Farmers
This just changed. Many companies in the US were avoiding Chinese sourced hemp because of its notorious poor quality. They instead we're choosing to buy European sourced hemp which was much pricier. Now companies in the United States can source CBD and hemp from American companies and farmers. Farmlands have been devastated by generations of pesticides and fertilizers.
The cultivation of the hemp plant not only stands to help produce a much-needed influx of cash but it also stands to repair the soil through a process known as phytoremediation. It's estimated that more than 50,000 products today could be made utilizing hemp. This could greatly help reduce our dependency on non-renewable resources creating a greener, healthier, happier future for the entire world.
The Ripple Effect of Hemp Legalization
With the removal of hemp from the Controlled Substance Act, you can expect to see a reduction in the price of CBD products. Along with the price reduction in CBD products other items such as hemp clothing and building materials will become more readily available and affordable. Hemp can significantly reduce the environmental footprint we leave behind.
This is hempsational news for an environment that is being ravaged by global warming and environmental devastations such as tsunamis, earthquakes, and volcanoes. Everything that we currently make from wood and with plastic can be made from hemp grown by farmers here in the United States.
A Monumental Moment in History
This is monumental as this is the first time that hemp has been free from the grasps of prohibition since the 1930s. None of this would have been possible without the thousands of activists and advocates that have taken to the streets and the courts to help make this happen.
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A sincere thank you and congratulations from Viride to each and every one that has helped make this day possible. Here is to a greener, healthier, and brighter future for all!