To understand the farm bill, we have to look at its history. In the United States, the farm bill is the primary agricultural and food policy tool of the federal government. The comprehensive bill is renewed every 5 years or so and deals with both agriculture and all other affairs under the purview of the United States Department of Agriculture. For decades, federal law did not differentiate hemp from other cannabis plants, all of which were effectively made illegal in 1937 under the Marijuana Tax Act and formally made illegal in 1970 under the Controlled Substances Act—the latter banned cannabis of any kind.
Jeff Stein with the Washington Post reported, “In a 386-47 vote, the House of Representatives Wednesday approved a bill which allocates billions of dollars in subsidies to American farmers, legalizes hemp, bolsters farmers markets and rejects stricter limits on food stamps pushed by House Republicans. President Trump is expected to soon sign it into law”. The bill also provides permanent funding for veteran and minority farmers. Conservation program preserved. The House Republican bill had proposed merging the Conservation Stewardship Program, which pays farmers to strengthen conservation efforts, into another branch of the Agriculture Department.
So what does this mean for the future of CBD? Men’s health broke it all down, “The new farm bill will take industrial hemp off the Schedule I list, allowing it to be “cultivated for any use”—including the production and extraction of CBD. Hemp will be classified as a regular agricultural crop, meaning growers across America can begin cultivating and selling it, buying federally-subsidized crop insurance, filing for trademarks and advertising their product. This means that as a CBD consumer, you’ll likely start seeing a whole lot more hemp-derived products on store shelves soon”. Most importantly, hemp could be an extraordinary cash crop for American farmers struggling in the heartland.
There are still strict sanctions that have been put into place, for example:
“Hemp cannot contain more than 0.3 percent THC, per section 10113 of the Farm Bill. Any cannabis plant that contains more than 0.3 percent THC would be considered non-hemp cannabis—or marijuana—under federal law and would thus face no legal protection under this new legislation.”
Note: The farm bill does not legalize the growth and sale of marijuana on a federal level. While marijuana also contains CBD, most strains of the plant also contain THC, which the government still has a major issue with. If your CBD is derived from marijuana—and not hemp—it will still fall within Schedule I of the Controlled Substance Act, meaning it will not be legal federally.