Progressive Care Inc (RXMD): Farm Bill Compromise Reached With SNAP...

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Tuesday, 12/11/2018 11:07:50 AM

Tuesday, December 11, 2018 11:07:50 AM

Farm Bill Compromise Reached With SNAP Changes Out, Industrial Hemp In

The bill must still pass both the House and the Senate and be signed into law by the president, which could come as early as this week.

While much of the farm bill compromise mirrors current law, there is a major change coming for farmers: industrial hemp will be legalized. It's a boon for the increasingly popular CBD oil industry, which is being used for medicinal purposes.

Progressive Care has signed NDA’s with two CBD manufacturers and is ready for production in January once the Farm Bill is signed into law. - CEO, Q3 Conference Call

https://www.npr.org/2018/12/11/673453156/farm-bill-compromise-reached-with-snap-changes-out-industrial-hemp-in

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