Updated: Jan 16, 2019
For the past several months, we have discussed the new Industrial Hemp Farming Act that Kentucky Congressman James Comer is planning to introduce. It seems as though for weeks we thought the new bill could be announced any day. Unfortunately (or fortunately) we now have reason to believe that this legislation may not be introduced until early July (fingers crossed).
According to our colleagues, the new bill is being delayed because it is undergoing further review by leaders in both the House and Senate that are working together in order to create the strongest language possible for the bill. Additionally, members of Congress are currently distracted by other matters requiring more immediate attention (i.e. health care, budget, leadership transition, etc.).
As of now, the Industrial Hemp Farming Act would essentially:
Get the DEA off the Farm: Remove industrial hemp from the purview of the Controlled Substances Act; empower states to monitor and regulate.
Redefine Industrial Hemp: Distinguished from its cousin, “marijuana,” industrial hemp is all parts of the cannabis sativa L. plant with a THC level of less than 0.3% (and potentially up to 0.6% if states permit.)
Create A New Industry: Allow for the growth, production, and commercialization of industrial hemp and hemp products.
We will share any updates regarding federal or state legislation as promptly as possible!