The 2018 Farm Bill just passed the House of Representatives after passing the Senate, including the landmark amendment that will fully legalize industrial hemp at the federal level! The amendment fully removes hemp and derivatives of it from the control of the Drug Enforcement Administration, and creates a massive path of possibility for the hemp industry, American agriculture, and health + science (just to name a few).
If you can recall the cartoon video from how a bill moves into law, you’ll know it’s now in the final stage, awaiting President Trump’s signature. As soon as he applies his pen to paper, the law takes immediate effect.
We expect some sort of ceremonial bill signing imminently, and we will keep you informed.
In the meantime, check out our General Counsel Jonathan Miller’s expert summary on what the Farm Bill does and means for the hemp industry.