Buckle up, because we’re about to take a deep dive into the world of legislation and its impact on the CBD industry. If you’ve ever wondered what all the fuss was about the 2018 Farm Bill and CBD, you’re in the right place. We’re here to break down this landmark legislation and its impact on the CBD industry. So, let’s dive in!
FAQs
What is the 2018 Farm Bill?
The 2018 Farm Bill, also known as the Agriculture Improvement Act of 2018, is a piece of legislation that, among other things, changed the legal status of hemp in the United States.
How did the 2018 Farm Bill change the legal status of hemp?
The 2018 Farm Bill removed hemp and hemp-derived products from the list of Schedule 1 controlled substances. This effectively legalized the cultivation, production, and sale of hemp at the federal level.
What does this mean for CBD?
Since CBD can be derived from hemp, the 2018 Farm Bill also indirectly affected the legal status of CBD. As long as the CBD is derived from hemp that contains less than 0.3% THC, it's no longer considered a controlled substance under federal law.
Does this mean all CBD products are legal?
Not exactly. While the 2018 Farm Bill legalized hemp-derived CBD, it didn't legalize all CBD products. The legality of a CBD product can depend on several factors, including its THC content and how it's marketed and sold.
What else did the 2018 Farm Bill do for the hemp industry?
The 2018 Farm Bill also set out a regulatory roadmap for the hemp industry. It allowed states to regulate hemp production, provided they submit a plan to the Secretary of Agriculture and the plan gets approved.
Did the 2018 Farm Bill affect the legality of marijuana?
No, the 2018 Farm Bill did not change the legal status of marijuana. Marijuana remains a Schedule 1 controlled substance under federal law.
Remember, while we’ve done our best to provide accurate information, laws and regulations can change, and it’s always a good idea to check with local authorities or a legal professional if you have specific concerns or questions. Always consult with a healthcare professional for personalized advice.