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Re: keepdreaming132 post# 74906

Tuesday, 09/19/2017 8:55:56 AM

Tuesday, September 19, 2017 8:55:56 AM

Post# of 84873
The bill is for recreational use. And does not deal with CBD infused anything. Almost all products from USMJ would be using CBD and therefor industrial HEMP. There are several bills in the works and one bill the has been signed into law. Here are some links.
https://www.congress.gov/bill/115th-congress/house-bill/3530/text
https://www.congress.gov/bill/115th-congress/senate-bill/1603/text?q=%7B%22search%22%3A%5B%22HEMP%22%5D%7D&r=10

The main thing to look at for our industry is that the bill that was just signed into law prohibits funds allocated to the feds from being used to target industrial hemp. here is an example

None of the funds made available by this Act or any other Act may be used—
(1) in contravention of section 7606 of the Agricultural Act of 2014 (7 U.S.C. 5940); or

(2) to prohibit the transportation, processing, sale, or use of industrial hemp that is grown or cultivated in accordance with section 7606 of the Agricultural Act of 2014, within or outside the State in which the industrial hemp is grown or cultivated.

That was signed into law and starts Sept 30 of this year. Here is the bill.

https://www.congress.gov/bill/115th-congress/house-bill/244/text?q=%7B%22search%22%3A%5B%22HEMP%22%5D%7D&r=11