The Republican-controlled US Senate has just voted to end the prohibition on cultivation of hemp. This comes at a time when the federal government is actively investigating the possibility of legalizing CBD-derived medicines and even marijuana. The move would end an 80 year ban and allow for US production of hemp fibers, hemp seeds and a wide variety of other derivative products. The ban was largely based on inaccurate media reporting overhyping the risks and dangers of marijuana and falsely linking the drug to the cultivation of hemp for other, unrelated products.
Key Takeaways:
- The legalization of hemp farming is such to cause substantial gain when it comes to the economic security of U.S. farmers.
- Since the 1930’s, people have been spreading misinformation about the usage of hemp and related products.
- The recent ‘tidal wave’ of residents becoming aware of the benefits of hemp have lead lawmakers to take the medicinal usage of it seriously.
“Simultaneously, the FDA has just approved the first cannabis-derived prescription drug, made from purified cannabidiol (CBD). Alongside this approval, federal agencies are reportedly on schedule to remove CBD from Schedule I status at the federal level, allowing the CBD pharmaceutical to be legally sold nationwide.”
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