CBD & Hemp

The Garden State will get to start growing a new type of plant. Gov. Phil Murphy signed off on a pilot program Wednesday that gives New Jersey the green light to research and cultivate hemp crops.

Senate Majority Leader Mitch McConnell (R-KY) is guaranteeing that the 2018 Farm Bill will include his industrial hemp legalization provision after the Senate and House reach a compromise -- ideally by the end of the year.

Hemp holds a lot of promise as a material for the auto industry. It’s very strong and has a high tensile modulus, which is the ratio of stress to elastic strain in a material.

Congress could substantially help the industry by legalizing it nationwide, an idea approved in the GOP-led U.S. Senate this year, but one that hasn’t made it to the president’s desk.

“In the U.S., we do everything with hemp -- we eat it, we wear it -- yet we haven’t been able to grow it. So we import approximately $60 million worth of hemp from overseas."

Thursday was a big day for the still very young hemp industry in Oklahoma. It was the harvest of the first industrial hemp crop in the state since World War II.

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