SunnyMoneyFamily

[silver_bars]

Have you researched the possible US federal legalization of Hemp/CBD this fall?.


Pending US Federal Hemp/CBD legalization DD/research links;

(1.)

Full spectrum US Federal Hemp/CBD legalization is on deck this September of 2018 ... however, it is very important to note that; Hemp/CBD plants are different than Marijuana/THC plants ... and that only the Hemp/CBD plants are potentially being federally legalized later this year ...

https://www.washingtonpost.com/business/2018/08/10/congress-is-about-legalize-cannabis-just-not-kind-that-gets-you-high/



(2.)

The Hemp Farming Act of 2018 contains full spectrum legalization of Hemp & CBD on a US Federal level ...

https://en.wikipedia.org/wiki/Hemp_Farming_Act_of_2018



(3.)

With 2018 being a mid-term election year; Cannabis stocks tend to out-perform when legalization is on the ballot ... see this video link for a detailed explanation ...

https://pro.moneymappress.com/p/NVXPS3979C/WNVXU7CR/



(4.)

It is easy to under-estimate the potential economic impact of US Federal Hemp/CBD legalization, but consider;

(4.A.)

Hemp/CBD has been federally restricted for over 80 years ...

https://en.wikipedia.org/wiki/Legal_history_of_cannabis_in_the_United_States


(4.B.)

Not only does CBD derived from Hemp have potential mass use on a national/federal level, but the Hemp by-products of CBD production have approximately 10,000 different additional uses ...
https://www.bulkhempwarehouse.com/blog/the-history-of-hemp-its-10000-uses-an-animation/


(4.C.)

The US Federal legalization of Hemp/CBD is essentially a once-in-a-century event.



(5.)

The current Farm Act expires Sept 30th, 2018 ... legislators will attempt to pass a new Farm Act before the current Act expires, meaning;
there's aprox. 99%plus certainty that the proposed US Federal Hemp/CBD legislation will be dealt with by congress in one way or the other on or before Sept 30th, 2018 ... this will create a significant increase in news-flow and awareness related to the Hemp/CBD sector this September.



(6.)

The current business climate and economic outlook for US farmers is bleak (See 6.A thru 6.E below) ... full specturm US Federal legalization of Hemp & CBD likely provides the quickest, easiest, and most cost effective solution to enhance the business outlook for US farmers, and if governed properly; all without causing harm too people or the environment, imo.


(6.A.)

Quote: "Looking forward net farm income is expected to remain flat over the next ten years and when accounting for inflation, to fall in real terms" ...

https://farmpolicynews.illinois.edu/2018/02/2018-outlook-u-s-agriculture-usdas-chief-economist/


(6.B.)

Quote: "The U.S. Department of Agriculture recently released projections that farm incomes will continue to fall in 2018 and will hit their lowest point in the past dozen years" ...

https://www.agprofessional.com/article/what-economic-reports-tell-us-about-farming-2018


(6.C.)

Quote: "We are entering the fourth year of the farming recession, with no end in sight" ...

https://seekingalpha.com/article/4130014-u-s-agriculture-2018


(6.D.)

Quote: "American farm income to fall in 2018 according to USDA forecast" ...

https://www.omaha.com/money/american-farm-income-to-fall-in-according-to-usda-forecast/article_85d125a2-e665-541a-a0b2-a5ae967c530a.html


(6.E.)

Quote: "Farming in the US facing a tough future" ...

https://www.aljazeera.com/news/2018/03/farming-facing-tough-future-180331132706334.html



(7.)

US mid-term elections occur this Nov. 2018; Politicians who vote against legislation that hurts the economic well being of US farmers just weeks before the US mid-term elections will likely not be well received by the US farming community ... given the current economic conditions and outlook for US Farmers (See 6.A thru 6.E above) there will be significant political pressure to pass the Hemp Farming Act of 2018, imo.



(8.)

See the following video with Senate Majority Leader McConnell for a brief intro regarding the proposed US Federal Hemp/CBD legislation ...

(9.)

See the following video with Former Speaker-of-the-House John Boehner on the changing views of US MJ legalization ...

(10.)

Full spectrum legalization of MJ in Canada later this fall puts pressure on the US to pass full specturm legalization of Hemp/CBD for US Farmers to stand a chance of being able to compete with the Canadians in the massive international Hemp/CBD space ...