(MENAFN- Investor Brand Network) For months after Congress passed the 2018Farm Bill , players in the CBD hemp industry and interested parties pressured the U.S. Department of Agriculture (USDA) to write rules for the hemp industry. The industry was, and is still undergoing unprecedented growth, mostly because of cannabidiol's (CBD) popularity as an alternative medicine, and the sector's lack of regulation was making it hard for farmers and CBD processors to operate. In October, the USDA published itsinterim ruleon hemp, but it seems the regulations might not be the saving grace some thought they would be.
Some states that had preexisting hemp programs in place, such as Washington, will be forced to revise their policies to align with the USDA's new rules. The 2018 Farm Bill made a legal distinction between hemp and marijuana, classifying any hemp containing more than 0.3% THC as marijuana. The state of Washington has a testing protocol to test for THC levels, but the new protocol outlined…
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