CBD Product Safety and Standardization Act of 2021
When Congress passed the 2018 Farm Bill, it explicitly legalized the sale of hemp and its derivatives such as CBD. Farmers across the nation relied on this government action, and invested considerable time and resources to plant, grow, and market commercial hemp...USDA Releases Data on Hemp Production
$824 Million is value of 2021 Hemp Production per USDA. Hemp grown for CBD is still outpacing fiber and grain – for now. The infrastructure needs built for processing and fair regulation is needed to allow grain for animal feed. In future years the fiber and grain production will dwarf CBD and other cannabinoids.