InvestorsHub Logo
Followers 4
Posts 936
Boards Moderated 0
Alias Born 09/04/2018

Re: None

Tuesday, 11/19/2019 6:48:49 PM

Tuesday, November 19, 2019 6:48:49 PM

Post# of 83012
The federal government (Congress, FDA, USDA, etc.) is dragging their feet and now we are at the crossroads of make it or break it for some farmers. The lack of regulations has led to near freeze in the whole CBD/hemp system.

I have to farmer friends who live close enough to me I can walk to their fields. They have raised many acres of hemp and just finished harvesting it. After many businesses promising to use their hemp, suddenly everyone is telling them they can't buy it because they have too much already in stock. This is just two farms and as I write this I am aware of several more who are facing the same thing. They will know in a couple of weeks. NO BUYERS!!!

I didn't realize how much CBD played into the hemp crops, for I thought many other manufacturers were going to use it for various other things. Suddenly the brakes have been put on the entire hemp industry. Folks in Washington D.C. need to wake up! Many farmers stopped raising tobacco and in desperation switched over to hemp. Now, they are facing financial ruin. Such a sickening process which mostly boils down to the FDA stalling.