Let the party officially begin.
Yesterday, President Trump signed the 2018 Farm Bill, which means farmers across the United States are legally able to farm hemp.
This is a MAJOR victory for the legal cannabis industry in the USA.
2018 Farm Bill
The Farm Bill was initially passed by the house and the senate last week – and just yesterday signed into Law by President Trump. The Bill, which governs agriculture in the US, for the first time allows the commercial cultivation, research and development of hemp. Hemp is no longer regulated under the Controlled Substances Act, but now explicitly regulated by the Food and Drug Administration.
Industrial Hemp is listed as cannabis with a THC level of less than 0.3% – like most CBD products.
This is major news for the multi Billion dollar CBD industry which for the longest time had cultivated the necessary raw hemp plants on the fringe of the law.
While CBD has certainly opened up its doors, don’t go sparking up a marijuana cigarette anytime soon if you don’t live in a cannabis legalized state.
(Image Credit: Winter Ridge Natural Foods)
What’s the Difference between Hemp and Marijuana?
Hemp and Marijuana for nearly a century have been confused to be the same thing – when in fact, they each posses critical differences. Short and to the point, the Marijuana plant gets you high because it contains a high portion of THC – usually between 15-40%. Hemp does not get you high, because it contains less than 0.3% THC.
Marijuana features dense buds, broad thick leaves, and is relatively shorter than hemp. In contrast, Hemp grows tall and skinny with thinner leaves.
CBD can be derived from both hemp and marijuana for medicinal use. However the 2018 Farm Bill only places CBD that is derived from industrial hemp and not marijuana – because of the low concentration of THC 0.3%.