A powerful U.S. Senate panel is directing agriculture authorities to begin building up the nation's stockpile of cannabis genetics, and they're setting aside half a million dollars to support the work.

Specifically, the Senate Appropriations Committee wants the federal Agricultural Research Service to spend $500,000 to maintain an industrial hemp seed bank.

"The Committee recognizes the increasing demand for industrial hemp for a variety of uses, and its growing importance as a crop for U.S. farmers," senators wrote in a report attached to legislation funding the U.S. Department of Agriculture for Fiscal Year 2019.

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Tom Angell ~ Forbes.com

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