The Marijuana Tax Act of 1937 outlawed cannabis in all its forms, whether it possessed psychoactive properties or not. Essentially, the law was aimed at a chemical that had yet to be identified: THC.
Unfortunately for your CBD business, the rest of the cannabinoids –including CBD– were caught in the crossfire as Cannabis was given a carpet ban. The Controlled Substances Act of 1970 compounded the issue by identifying Cannabis plants, including Hemp, as a Schedule 1 drug.
Thankfully, lawmakers–including the most powerful politicians in the House and Senate–are currently reconciling a bill that would undo some of the harm done by the aforementioned laws. That’s great news for your business.
Legal hemp is on the way and is already being celebrated by farmers and activists.
Is your hemp business prepared? Unsure of how the new law would impact your hemp business? Let’s move into the future together.
Prepare your business for fully legal hemp.
Staying up to date on the 2018 farm bill and how it will impact your business is key to ensuring success in your future.
What are the CBD limits?
How much can you grow?
How must your hemp be handled?
These questions and more are something we can tackle together. If you’re looking towards the future of hemp and want to know more about how the new bill will impact your business, contact us today!