The US congress passed the farm bill several years ago, back in 2014, and it paved the way for states to go ahead and set up their own rules surrounding industrial hemp and hemp research etc.
Since the passage of that bill, a number of different states have sought to take advantage of that initiative and move forward with their own hemp research and hemp farming plans.
It's estimated that at least 20 different states have already passed rules surrounding the growth and research of industrial hemp and many believe that this is going to be an extremely lucrative crop for their area.
Growing CBD Demand
One of the increasingly popular products that you can get from hemp is CBD oil and this is proving to be one of the most promising areas for the hemp industry.
The CBD oil market alone is having a dramatic impact on the success, growth, and demand for hemp. The demand for CBD products continues to grow rapidly and there are already many Americans who are using CBD to treat symptoms of epilepsy and more.
The CBD oil market is credited as being one of the fastest growing in the US at the moment, estimated to be growing at a rate of about 59 percent.
Aside from the CBD market, there are tens of thousands of different potential uses for hemp and so it really opens the door for a lot of job creation and economic growth to occur if this crop were to be accepted. It's expected that the hemp market will only grow steadily in the years to come.
For those states that do have rules surrounding hemp, they are allowed to grow it but they must do so under severely strict federal oversight.
They need to make sure that they get the okay from a number of different law enforcement agencies before growing this crop. Which seems like it's a giant waste of not only the farmers time but the law enforcement agencies as well, who you would hope would be mostly concerned with spending their time on more important criminal matters.
And despite trying to work with law enforcement agencies in order to carry out their various hemp programs, some in the hemp industry have accused federal authorities of working against them.
Hemp research programs have already been federally encouraged, yet those in the hemp industry trying to explore the possibility of these research programs, have accused federal authorities of trying to infringe upon their success of planting and growing industrial hemp.
Hemp has been outlawed federally for decades now and it's a stance and reality that many struggle to find justification for.
Thanks to the various school initiatives that are seeking to grow and research this crop, it's helping to deteriorate some of the stigma surrounding it.
There are an increasing number of efforts around the US that are seeking to educate the public on hemp, the benefits that could be derived from hemp, the differences between it and cannabis, and so on.
It appears that a lot of misconceptions about industrial hemp still exist.
Over time, as more become educated on the topic, it's likely that we will be able to expect that more people will be in favor of seeing some changes in this area, regarding hemp laws. When more people learn about the possible benefits that could be reaped from embracing rather than strictly prohibiting hemp, then perhaps more will be open to exploring the possibility of a hemp market.
Lawyers who represent the Hemp Industries Association just a few months ago filed a motion in court against the DEA for their classification of cannabis extracts (like CBD). The worry with the change from the DEA was that there would be a chance for sellers of hemp products etc to be targeted. That legal fight is still ongoing.
There is a strong pro-cannabis and pro-hemp community in the US and around the world and that community will likely only grow in the future. We can expect to see these sorts of legal battles continue and protests as well, as more of the public grow tired of the restrictions in place which just don't make any sense.
Pics:
Globalmana via globalmana.org/updates/hemp-supercapacitators-to-power-our-sustainable-future/
The Econ Times
Google trends
LinkedIn
SuperTroopers via Tenor GIF Keyboard
Tenor Gif
bringingithomemovie
Sources:
http://www.twcnews.com/nys/rochester/top-stories/2017/07/2/industrial-hemp-pilot-program-in-wayne-county.html
https://www.washingtonpost.com/news/volokh-conspiracy/wp/2017/06/07/10th-circuit-neighbors-may-file-federal-rico-lawsuit-against-state-licensed-marijuana-growing-operation/?utm_term=.e99e7c99d008
http://www.latimes.com/opinion/op-ed/la-oe-fine-hemp-marijuana-legalize-20140626-story.html
http://www.newschannel5.com/news/local-news/hemp-research-holds-promise-at-mtsu
@doitvoluntarily/dea-interfering-with-north-carolina-pilot-hemp-program
http://www.prunderground.com/cbd-oil-market-growth-becoming-a-big-factor-in-cannabis-industry-says-cbdrevu-com/0096437/
http://www.courier-tribune.com/news/20170705/everything-hemp-will-offer-3-fs-food-fiber-farmacy
https://www.theguardian.com/society/2017/feb/04/hemp-plant-that-could-boost-americas-economy
https://www.theguardian.com/sustainable-business/2016/jun/25/hemp-farming-legalization-bill-marijuana-industry-california
http://www.thecannabist.co/2017/04/05/hemp-lawsuit-federal-court-dea-rule-marijuana-extracts/76635/
http://www.latimes.com/opinion/op-ed/la-oe-fine-hemp-marijuana-legalize-20140626-story.html
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