The Hemp Farm Bill

When most people hear of hemp, the first thing that comes in their mind is cannabis. However, there is a slight difference between the two that people do not understand. Cannabis contains THC which alters the normal functioning of the body while the hemp substance contains very little to no THC.  This is what makes the hemp healthy for use. A lot of research has been done and it turns out the hemp oil and hemp substances can be used for so many health benefits. The 2014 farm bill is what the hemp farmers and the farm industry have been using. This bill only allowed hemp farming to be done by higher education institutions and other institutions that were permitted by the government. Click here to find 2019 Best Industrial Hemp Seed Suppliers by Quality or Value.

However, after several reviews, it turned out that hemp is not dangerous at all and the 2018 farm bill brought some changes. However, the bill is not yet enforced and so farmers and hemp traders are still using the 2014 farm bill to conduct the business. In this new bill, hemp is now considered as an agricultural commodity. However, there are rules that haven’t changed and among them is the level of the THC that should be in the hemp. The bill states that it should not exceed 0.3%.

Also, a permit is required for carrying out cultivation of the hemp. Hemp companies can now get the seeds to form the industrial hemp seed suppliers. Some challenges have been found since the introduction of 2018 bill. People who choose to invest in the hemp industry should know there are no insurance covers for this crop. That means in case of bad seasons farmers can end up making huge losses. Farmers are however advised to follow all the hemp growing rules to ensure that they are on the safe side of the low.

If you are hemp farmer or you are planning to invest in it, you should check out the 2018 Farm Bill Summary: Updates to Know for Hemp Farmers and Hemp Industry. Read the article and get to know all the new rules that will be enforced soon. There are a lot of changes from farming, to exportation and also issues relating to insurance. If you are yet to join the industry get to read more info first before you can make your final decision. Ignorance is an offense and so you need to be informed. Getting informed regarding the bill will ensure to continue with your activities smoothly.

For additional details, check out this page: https://www.encyclopedia.com/plants-and-animals/plants/plants/cannabis.