It’s a busy week for hemp processors and farmers alike, with new language being added to the farm bill to potentially celebrate on the horizon. Provisions to lift the nearly century-old ban on commercial industrial hemp production have been added to The Agriculture Improvement Act of 2018.
The legislation, more commonly known as the “farm bill,” includes “hemp specific provisions” that will “amend the federal Controlled Substances Act (CSA) of 1970 so that hemp plants containing no more than 0.3 percent THC are no longer classified as a schedule I prohibited substance” (The Hill 2018).
According to The Hill article, “Congress is poised to finally lift its longstanding ban on industrial hemp,” certain hemp-derived cannabinoid compounds would be exempt from the CSA. In addition, “the language would make states, rather than the federal government, the primary regulators and decision-makers with regard to commercial hemp production and sales” (The Hill 2018).
Speaking of states, the state of Wisconsin (Nemadji’s home turf) recently completed a successful year with its Industrial Hemp Research Pilot Program. The Department of Agriculture, Trade and Consumer Protection (DATCP) reported that they received well over 300 applications from citizens looking to grow hemp in 2018.
Get in on Wisconsin’s ground level in 2019 and benefit from the farm bill
If you want to benefit from the fresh provisions in 2018’s farm bill, and get in on next years hemp harvest, then all you have to do is check out the DATCP’s website and click on “Licensing and registration materials.” Plus, DATCP recently extended the deadline to apply for 2019 licenses and registrations up until March 1st, 2019 (Hemp Industry Daily 2018).
It’s not too late for you to plan next years hemp crop and partner with a hemp processor, like Nemadji, to make the most out of your harvest in Autumn 2019! Splitting valuable CBD end products extracted from your raw hemp biomass is a lucrative way to make your fields yield more revenue for you and your family farm.
If you need help planning your hemp empire, be sure to give us a call at 1-(715)-318-0026; we’ll help you every step of the way! Join the Nemadji family today, contact us to see what we can do for you.
REFERENCES:
Armentano, Paul. “Congress is poised to finally lift its longstanding ban on industrial hemp.” The Hill: 04 December 2018. Website: https://thehill.com/opinion/civil-rights/419571-congress-is-poised-to-finally-lift-its-longstanding-ban-on-industrial
Hemp Industry Daily. “Wisconsin extends deadline for applications to grow hemp.” Hemp Industry Daily: 28 November 2018. Website: https://hempindustrydaily.com/wisconsin-extends-deadline-applications-grow-hemp/