Cannabis Industry Anxiously Awaits 2018 Farm Bill Vote

The legislation, which includes language that would legalize industrial hemp, is expected to receive House and Senate votes this week.

Story by Melissa Schillercannabisbusinesstimes.com, December 10, 2018

Congress is expected to vote on the 2018 Farm Bill this week, which includes provisions to legalize industrial hemp.

Earlier this year, U.S. Sen. Mitch McConnell inserted language from his Hemp Farming Act of 2018 into the Farm Bill to legalize the cultivation and sale of the plant, which refers to cannabis that contains less than 0.03-percent THC.

This language would essentially remove industrial hemp from the Controlled Substances Act and allow states to regulate its production, commerce and research. According to the National Conference of State Legislatures, as of August 2018, 40 U.S. states allow the cultivation of hemp for commercial, research or pilot programs.