CV Sciences Inc (CVSI)

[BadKarmaKyle]

Breaking News Today On Top Hemp Companies IF Farm Bill Passes

https://www.nasdaq.com/press-release/breaking-news-2018-farm-bill-about-to-pass--legalization-of-hemp-and-cbd-could-grow-consumer-marke-20180917-00671

https://globenewswire.com/news-release/2018/09/17/1571869/0/en/BREAKING-NEWS-2018-Farm-Bill-About-to-Pass-Legalization-of-Hemp-and-CBD-could-grow-consumer-market-to-22-Billion.html

Hmmmnnnn, notice anyone missing?

At this point it’s only the Senate voting. Hemp is not mentioned in the House version of the farm bill.

Hopefully Senator McConnel and Representative Conaway can reconcile the differences between the two bills. (Known as “SNAP”).

House Agriculture Committee chairman U.S. Rep. Mike Conaway, R-Midland, has said he is fine with it as long as it doesn’t cost crucial votes on a package that includes contentious work requirements for food stamp recipients that make up the bulk of the five-year spending plan.

“When it was over on the House side because of the food stamp issue the bill passed by only two votes,” Miller said. “They didn’t want to bring up the hemp issue because if it lost two votes then it would kill the bill.”

The two chambers have begiun hammering out their differences in conference committee since the House members returned from their August recess.

It’s not like I wanted to own a farm in Kentucky but I saw the opportunity. Now there’s a chance for another score, so yea, PASS THAT BILL!

The House’s bill is silent on hemp. The House’s version also included controversial provisions that placed work requirements on food stamp (SNAP) recipients, resulting in very narrow passage on partisan lines. The Republicants don’t want SNAP.

In the coming days, House and Senate leaders will appoint members to serve on a House/Senate conference committee to iron out the differences between the two versions. The conference committee could meet for weeks or even months, depending on the nature of the disputes between the chambers. Once they reach a resolution, they will issue a Conference Report that will be sent back to the House and Senate for final passage. With the support of a majority of both chambers, the bill would head to the President’s desk for signature.