"We should be pouring money and time into hemp, Period."
2018 Farm Bill - Hemp Legalization Text
The Federal Government Legalizes Hemp and Hemp CBD Production
The 2018 Farm Bill was passed with specific language that not only separates Hemp and Hemp Derived products from the Controlled Substance Act, it also paved the road to retail sale of Hemp CBD products by giving freedom to ship products nationwide and the possibility of cultivation, manufacturing, and selling of Hemp CBD products if the state allows.
NOTE: The FDA Still has authority over CBD Products. The FDA has not given permission to companies to sell indigestible products as of July 2019. Read the article on the FDA policies and meetings below.
FDA on CBD
Updated March 2020
There is a significant interest in the development of therapies and other consumer products derived from cannabis and its components, including cannabidiol (CBD). FDA recognizes the potential opportunities that cannabis or cannabis-derived compounds may offer and acknowledges the significant interest in these possibilities. However, FDA is aware that some companies are marketing products containing cannabis and cannabis-derived compounds in ways that violate the Federal Food, Drug and Cosmetic Act (FD&C Act) and that may put the health and safety of consumers at risk. The agency is committed to protecting the public health while also taking steps to improve the efficiency of regulatory pathways for the lawful marketing of appropriate cannabis and cannabis-derived products. FDA has a number of resources available that address cannabis and cannabis-derived products, such as CBD, and the agency wants to ensure that consumers and other stakeholders have access to these resources in a centralized location.
USDA on CBD
Updated March 2020
The Agriculture Improvement Act of 2018 (2018 Farm Bill) authorized the production of hemp and removed hemp and hemp seeds from the Drug Enforcement Administration’s (DEA) schedule of Controlled Substances. It also directed the U.S. Department of Agriculture (USDA) to issue regulations and guidance to implement a program to create a consistent regulatory framework around production of hemp throughout the United States. The establishment of hemp as a regulated commodity also paves the way for U.S. hemp farmers to participate in other USDA farm programs.
This rule is a first step that enables the Farm Service Agency (FSA), Natural Resources Conservation Service (NRCS), and Risk Management Agency (RMA) to provide guidance on eligibility for farm programs. Once production plans are approved and licenses are issued, hemp producers may be eligible for many USDA programs in 2020, including:
Whole-Farm Revenue Protection (WFRP)
Noninsured Crop Disaster Assistance Program (NAP)
NRCS-administered conservation programs, including the Environmental Quality Incentives Program, Conservation Stewardship Program, Regional Conservation Partnership Program, and Agricultural Conservation Easement Program
Farm loans, including operating, ownership, beginning farmer, and farm storage facility