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Key Components of the Industrial Hemp Act are in the Farm Bill!?
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We are thrilled to share the news that all of the key components of the Industrial Hemp Act of 2023 that we have been working on for more than 2 and a half years have been successfully included in the discussion draft of the House version of the Farm Bill!
Key Highlights from the House Working Draft:
The language from the draft released today, reflects all the key components of the Industrial Hemp Act. These updates include:
New Definitions: The bill bifurcates the different types of hemp by definition:
Industrial Hemp: This encompasses hemp grown for its stalks and fibers, seeds and derivatives, immature plants for consumption, research purposes, and viable seeds for further production. Notably, it also includes microgreens within the definition of industrial hemp.
Hemp Grown for Cannabinoid Extraction: This refers to hemp grown specifically for extracting cannabinoids for human or animal consumption, inhalation, or topical use.
State and Tribal Plans:
Designation Requirement: Producers must now designate their hemp production type as industrial hemp, hemp grown for cannabinoid extraction, or both. This categorization will streamline regulatory oversight and support more tailored agricultural practices.
Inspection and Sampling Adjustments: States and tribes can reduce or eliminate sampling and testing requirements for industrial hemp producers who meet certain documentation criteria. This change recognizes the distinct nature of industrial hemp and simplifies compliance for farmers, allowing options such as visual inspection or the use of certified seed.
Felony Ineligibility Adjustment: The amendment introduces a procedure to eliminate the 10-year ineligibility period for hemp producers with a felony related to controlled substances, provided they are designated as industrial hemp producers. This change opens the door for more individuals to participate in the industry, promoting inclusivity and growth.
Research Protections: The draft also includes added protections for researchers, supporting academic and independent research institutions in advancing hemp knowledge and innovation.
How This Benefits Our Members:
Clearer Regulatory Pathways: By distinguishing between types of hemp production, these changes provide clarity and reduce regulatory burdens, making it easier for farmers to comply with state and federal laws.
Enhanced Research Opportunities: The new definition of industrial hemp includes plants used for research, supporting academic and independent research institutes in advancing hemp knowledge and innovation.
Greater Industry Inclusivity: While we would have liked to see the ban removed for all hemp producers, the adjustment to felony ineligibility criteria ensures that more individuals can contribute to and benefit from the hemp industry, fostering a more diverse and resilient community.
The only significant component we did not secure is the preemption clause, which would have provided a uniform regulatory framework across states. Instead, states can choose from various regulatory options, including visual inspection or the use of certified seed.
It is also important to note that while we celebrate this success, we remain vigilant and concerned about potential amendments that may impact the cannabinoid side of the industry.
This comes on the heels of our Industrial Hemp Act priorities also being included in the Senate section by section of the Farm Bill.
Gratitude and Acknowledgements:
These achievements would not have been possible without the hard work and dedication of our key partners, Agricultural Hemp Solutions and IND HEMP. We extend our deepest gratitude to them and to everyone who used our advocacy platform to reach out to their elected officials.
Your grassroots efforts have made a significant difference—advocacy works!
Thank you for your continued support for NHA and our work! Together, we are making significant strides towards a brighter future for hemp production.
WELL !! DEAN 14- GREAT POST OF GOOD NEWS !! I HOPE THIS IS THE FIRE THAT IGNITES THIS STOCK WAY UP TO ONE DOLLAR PLUS WHERE IT SHOULD BE !! I HAVE WAITED TO LONG FOR THE PAY DAY !! WOW !! TWO DOLLARS WOULD BE GREAT !! SAVING GRACE - MJNA POP !! YES !! RAT FINK HAS LEFT THE HOUSE ?? GO DELERIOUS !! US OLD BAGHOLDERS DAY IS COMING !! LONG AND STRONG !! IT IS MJNA S TIME TO ROCKET UP !! LONGS INJOY THE RIDE !! THE BIG D !!!!! GO BIG AND GO HOME WITH MILLIONS OF DOLLARS !! GOD HELP US LONGS !!!!!
Hey..Buddy... Haven't seen ya for months...Temporary vaction...🤔🤔🤔🤔🤔🤔
Finally some news that will benefit MJNA over the coming year... if anything, makes them a great M&A for another company. I still miss Dr. Stuart Titus' leadership.
Ooops!!! One misspelled...PooP (fyi... it already has)... 🤣😂🤣
Get ready. ALL MJ stocks are going to PoP
***** LOL ! Not for MJNA there not - whoops
ENOUGH SAID
CBD gummies and oil doing great on Amazon.
First quarter results will ignite the sector.
*****WELL SURPRISE !!!! OUTSTANDING_MJNA _TURD_RED_CLOSE_AGAIN_TODAY !!!💤
WEE JUST WEE !!!
ENOUGH SAID
A little DELERIOUS??? actually one is fully there & doesn't even know it.
SAVING GRACE AND DELERIOUS !! WOW !! LOVE THE GREAT POSTS !! YOU SURE PUT YOU KNOW WHO IN HIS PLACE !! I GET A LITTLE DELERIOUS WHEN I THINK OF ALL THE MONEY THIS STOCK IS GOING TO MAKE US SOON !! IT SHOULD BE AT ONE SILVER DOLLAR TO TWO !! RAT FINK HAS WENT SILENT ! ?? WE NEED ONE BILLION SHARES BOUGHT TO IGNITE THIS GREAT VERY CHEAP STOCK !!!! LONG AND STRONG AND HOLDING !!! GO $ MJNA !! THE BIG D !!!!
I was wrong about MJNA. I'm out when I'm out. With so many shareholders, now holding so many shares and eager to sell, any uptick will be held down by massive sell outs in my opinion. There's no shareholder consensus regarding price and I could go and on about this but, I won't. Peace out.
Had gum product a while back, not sure about now
0.0001 wonder and maybe r s
700,000,000 shares outstanding a while back
0.01 to 0.40 a while back 700,000,000
Interesting company, what do they sell
***** MJNA Continues to trade in da gutter after so called good news - there's no new legislation coming for years - whoops
ENOUGH SAID
MJNA going strait up on Legislation Approval. (Bashturd) Whoops LoL SMH
***** Agreed ! MJNA turd going no where after so called good mj news - ( lots of bagholders and rose colored glasses )
ENOUGH SAID
Hmmm???? Talking about same stock / Play???...Volume to SP in the toilet which would indicate any prospective MJ news coming down the pike likely won't translate to any value for this play MJNA
You're really behind the times here...out of your league, so to speak...MJ is on the move right in front of you and you don't want to see it...LMAO
*****WELL SURPRISE !!!! OUTSTANDING_MJNA _TURD_RED_CLOSE_AGAIN_TODAY !!!💤
ENOUGH SAID
Not today...Volume to SP in the toilet which would indicate any prospective MJ news coming down the pike likely won't translate to any value for this play MJNA
***** LOL Not according to MJNA turds financials there not - perhaps a screen shot from fins can be provided ?
ENOUGH SAID
Good luck on way "home", going to be tuff to explain how one lost families nest egg monies chasing a non fundamental company. Reading any of the companies filings would' a avoided current / future families financial hardships. Sad, as their is no "saving grace" for those whom choose to ignore the decades of B & W dismal facts that r provided.
SAVING GRACE !! WOW !! GREAT POSTS !! THIS IS A GREAT COMPANY !! WHY THE BIG BOYS HAVE NOT DISCOVERED THIS GEM I WILL NEVER KNOW !! WHEN THIS STARTS TO RUN , THAN THEY WILL ALL JUMP IN AND PUSH IT WAY UP !! WE NEED A BIG SPARK TO IGNITE THIS !! THIS IS A 2 DOLLAR STOCK SOON !! THAT IS WHERE IT SHOULD BE NOW !! GOD HELP US I PRAY !! PEOPLE BUY THIS AND HOLD FOR BIG BUCKS AHEAD !! NO SELLING HERE !! MAKE THE BUYERS PAY THE ASKING PRICE !!!! THAT WILL FORCE THE PRICE UP !! THIS IS THE BEST CHEAP PRICED STOCK ON THE MARKET !! THAT IS WHY I LOADED THE BOAT SO HEAVY !! GO BIG OR GO HOME !! WHAT A BUY = $ 2500 FOR A MILLION SHARES !! I AM WAITING FOR MY MILLIONS !! 31 MILLION SHARES STRONG !! GOD BLESS US LONGS !! LONG AND STRONG !! I M O ! THE BIG D !!!!!!
Investments a while back 00,000,000
A while back 700,000,000 and 0.01 to .40
Medical Marijuana, Inc. (OTCMarkets: MJNA) manufactures and distributes natural health, beauty and hemp-derived cannabidiol (CBD) products via e-commerce, direct sales, retail and wholesale distribution channels throughout the world. The Company operates primarily through three divisions: Medical Marijuana, Inc., HempMeds®, and Kannaway®.
Medical Marijuana, Inc.
Medical Marijuana, Inc. is the parent company of all operating divisions and operates a website to maintain an online presence, provide corporate, investor relations and educational information and news relating to the Company and its operations.
HempMeds®
HempMeds® distributes CBD products directly in the US and through wholly owned subsidiaries internationally (primarily in Mexico and Brazil). Distribution is accomplished via its online presence and its sales staff.
Kannaway®
Kannaway® is the Company’s direct selling division which started in 2014 and was the first Cannabis based direct selling company. Kannaway is the Company’s largest division and sells the Company’s Natural Health and CBD products worldwide, including, but not limited to the US, Europe, and Asia. In September 2022, Kannaway purchased the assets of Mfinity Global LLC, a direct-selling organization focused on promoting Natural Health products. The Mfinity products have now been added to the Kannaway line of products.
CBD gummies and oil doing great on Amazon.
First quarter results will ignite the sector.
Indeed, Green stocks to rocket again really soon.
Having another great quarter. CBD now on Amazon.
Yes, bashers will be long gone. New Legislation will send all MJ stocks sailing.
One will be long gone on this play before this hits 1 cent let alone one $, not pumping fooling anyone.
***** So much FUN watching MJNA PPS remain stagnant and continue its reading in da double zeros after sector news
ENOUGH SAID
DELERIOUS AND SAVING GRACE !! WOW TO YOUR POSTS !! I AGREE !! HOPE THE RUN TO ONE DOLLAR PLUS IS VERY QUICK !! SILVER DOLLAR !! HOLDING FOR THE BIG BUCKS !!!! THE BIG D !!!!
The ignore tab works great $MJNA going to have a monster run in short order. MJ Legislation will topple Central Banks from suppressing the entire market and holding back green stocks. It's coming.
MJNA will break out bigger than before and stay there. All MJ companies will soon be able to finance it's operations and massive expansions with it's own MJ banks that are the peoples National Banks soon enough.
We are getting basement prices but not for much longer.
Well sorry you're going to miss the fun
***** So MJ news comes out and MJNA is at .0019 now its at .002 to end the week
WEE JUST WEE - What a hot sector MJNA is in !
ENOUGH SAID ? NA !
This is the next hot sector....we have already seen big moves by MJNA and many others
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Moderators 1vman Rat Fink Saving Grace |
Market Value1 | $164,938,995 | a/o Aug 04, 2016 | |
Authorized Shares | 5,000,000,000 | a/o Mar 31, 2016 | |
Outstanding Shares | 2,868,504,261 | a/o Mar 31, 2016 | |
Float | 411,045,323 | a/o Mar 31, 2013 | |
Par Value | 0.001 |
Incorporated In: | OR, USA 2005 |
Shareholders of Record | 610 | a/o Dec 31, 2015 |
Medical Marijuana Inc has been featured:
CNN | The New York Times | USA Today | Yahoo | BBC |
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