What is the 2018 farm bill?
In 2018 Congress passed, and President Trump signed into law the Agriculture Improvement Act of 2018 which is referred to as the “2018 Farm Bill”. This bill was a large piece of legislation that included everything from agricultural subsidies and loans for farming businesses, to conservation programs for farms. One section of this bill however sets in motion the legalization of cannabis and hemp production.
The Act removes hemp from the Controlled Substances Act, allowing farmers to grow the crop for commercial purposes. The bill also distinguishes hemp from marijuana by removing it from the federal list of controlled substances and designating it as an agricultural commodity instead. In this way, legal hemp-derived products such as food, clothing, or building materials are more easily able to be sold on the market.
The 2018 Farm Bill allows for hemp production, thus removing it from the Controlled Substances Act. This will open up many opportunities for farmers to produce and sell hemp products. Farmers can expect higher incomes as legalization of hemp increases demand for their crops. Beyond just economic benefits, the legal production of hemp may help to reduce the opioid crisis. By allowing farmers to produce hemp, it decreases the need for importing foreign substances that are often connected with illicit drug trade. Additionally, the 2018 Farm Bill includes funding for programs that combat illegal drug trafficking and addiction in states that have been hit hard by this issue.
What is hemp?
Hemp is a type of cannabis plant that is grown for industrial use. The stalk and seed are used to make a variety of products including paper, textiles, bioplastics, construction materials, and edible oil. Hemp is legal in the United States and can be grown under license. The 2018 farm bill legalizes hemp production for commercial purposes. The legislation removes hemp from the Controlled Substances Act, allowing farmers to grow the crop for commercial purposes. It also allows state agriculture departments to regulate its production and allocates funding toward researching the plant's cultivation, among other uses. Not only does the legislation make hemp production legal, it also highlights one of the plant's many uses, including food.
The definition of hemp is contained in section 297A of the 2018 Farm Bill. Section 297A reads as follows: "The term 'hemp' means the plant Cannabis sativa L. and any part of that plant, including the seeds thereof and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta-9 tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis."
What is the difference between hemp and marijuana?
Hemp and marijuana differ in the amount of psychoactive compounds they contain. Hemp is low in THC (the psychoactive compound that produces a high) and high in CBD (a non-psychoactive, or less psychoactive compound), while marijuana has a higher THC and low CBD content. Hemp is a variety of cannabis sativa. Cannabis plants produce a unique family of compounds called cannabinoids. The two major types of cannabinoids are psychoactive tetrahydrocannabinol (THC) and non-psychoactive cannabidiol (CBD).
Hemp legalization and what it means for farmers.
The legalization of hemp is a major step forward for the agricultural community. The crop has been banned for many years, but thanks to the 2018 Farm Bill, farmers will now be able to grow hemp for commercial purposes. This will provide a new source of income for farmers, and it will also help to promote the growth of the hemp industry.
Hemp is a versatile plant that can be used to make a variety of products, including clothing, paper, food, and building materials. The potential for hemp is huge, and we can expect to see a lot of growth in the hemp industry in the years ahead.
The hemp section of the farm bill has been championed by Senate Majority Leader Mitch McConnell (R-KY), who believes that hemp will help to reinvigorate his state's economy with new jobs and opportunities for farmers. Kentucky is currently the nation's leader in hemp production, but now other states will be able to join in on this lucrative industry.
The hemp industry is likely to explode in a few short years, and there will be a huge demand for farmers who know how to grow this lucrative crop. If you are looking for a new agricultural endeavor or if you would like to diversify your farm, then growing industrial hemp might be an excellent choice.
Hemp legalization has the potential to provide a new source of income for millions of farmers and entrepreneurs, and it will help to grow an industry that is expected to be worth more than $1 billion by 2020. Hemp legalization now means that those who want to try this crop now have nothing holding them back.
How will hemp be used now It's legalized?
There are a number of ways that hemp can be used now that it is legal. Hemp can be used in the production of food, fuel, fiber, and pharmaceuticals. Hemp oil can be used in the production of cosmetics, plastics, and other various products. Hemp fiber can be used to make clothing, paper, construction materials, and more. Hemp is a versatile crop that has many uses and provides a number of benefits.
Hemp has also been shown to be a beneficial crop for the soil. It requires less water than other crops and it is an excellent rotation option for food crops due to its deep root structure, allowing it to prevent nitrogen from being washed from the soil. Hemp can also reduce CO2 emissions by up to 55% because of its ability to pull CO2 out of the atmosphere. With all these benefits, it is no wonder that hemp production is growing rapidly.
Pros vs cons of legalizing hemp.
Here is a list of some of the pros and cons the legal hemp industry could be facing.
Pros of legalizing hemp:
- Hemp is a sustainable crop that can be used to make a variety of products including textiles, food, paper, and building materials.
- Hemp is a versatile crop that can be grown in a variety of climates.
- Hemp is not as environmentally damaging as other crops such as cotton.
- Hemp can be used to make biodiesel and ethanol.
Cons of legalizing hemp:
- There is the potential for abuse of hemp products if they are not regulated correctly.
- There could be competition with other industries such as the textile industry.
- There could be competition with other crops such as cotton.
Final thoughts on hemp legalization.
The 2018 farm bill has opened a huge door for farmers, hemp producers and consumers alike. They have now drew a line in the sand distinguishing hemp from marijuana giving hemp back to the people. With all the different ways hemp can be used its easy to see why hemp has such a bright future in the U.S. As long as it is regulated correctly we can use hemp for good and create a better future.