Compared to the 89 million acres of soybean in the U.S., the hemp industry is still meager at 25,000 acres, but experts expect that will quickly change now that President Donald Trump has signed the 2018 farm bill.

That’s because after nearly a century of heavy state and federal restrictions, hemp has been removed from the list of controlled substance and reclassified as an agricultural commodity — one that a burgeoning market has its eyes on.

More than half of U.S. states already allow farmers to grow hemp, including Illinois, Indiana and Missouri.

And the acreage in the U.S. increased more than 500 percent between 2015 and 2017.

Click here to read the complete article

Esther Honig ~ HarvestPublicMedia.org

Recent News Articles

Friday March 06

VA memo reminds staffers they can be fired for marijuana use - Cannabis News

in Activism

by Bruce Kennedy - Editor in Chief

Veterans Affairs employees can still be fired for using marijuana even in states where the…

2393 hits

Friday March 06

MMA Fighters Start Clinical Trial Exploring Weed as Brain Injury Treatment - Cannabis News

in Medical News

by Bruce Kennedy - Editor in Chief

CBD is renowned for its neuroprotective qualities, and clinical researchers in Australia are testing whether…

2411 hits

Friday March 06

DEA Admits State-Level Marijuana Legalization Reduces Illegal Market Demand - Cannabis News

in Law & Crime

by Bruce Kennedy - Editor in Chief

The Drug Enforcement Administration (DEA) recently acknowledged in a report that state-level marijuana legalization reduces…

2468 hits

Friday March 06

5 Things Employers Should Know About CBD - Cannabis News

in CBD & Hemp

by Bruce Kennedy - Editor in Chief

It’s important for employers to understand the compound and the benefits and hindrances it could…

2531 hits

Monday March 09

50 State Banking Associations Demand Senate Vote On Marijuana Banking Legislation - Cannabis News

in Finance

by Bruce Kennedy - Editor in Chief

Banking associations from 49 states and Puerto Rico sent a letter to the chairman and…

1459 hits