2018 Farm Bill has now been signed into law in the United States making hemp legal at both the Federal and State level. This new law removes hemp from the Controlled Substances Act (CSA) and paves the way for the development of hemp as an agricultural commodity.
The Farm Bill allows farmers nationwide to cultivate hemp for any use, including cannabidiol (CBD) and other cannabinoid production. The definition of hemp has been redefined to include any part of the plant including all derivatives, extracts, cannabinoids. This will now mean that hemp-derived cannabidiol (CBD) will no longer fall under the regulatory authority of the CSA.
The potential economic stimulus to the United States and Global economy is significant. The Brightfield Group projects a $22 billion hemp industry by 2022,
Post Farm Bill projections for the growth of the hemp industry will likely expand significantly more than previously expected, making 2019 a banner year for the hemp industry.
With a booming US market and European growth at 8:1, imports will increase over the next several years. Once US Farmers perfect farming and growing CBD, we will export the produce.
In most markets CBD products with greater than 3% THC are still illegal. For this reason, we test our products throughout the entire process to make sure they meet regulatory standards. We don't bypass US Customs. Your shipments stay in our temperature controlled facilities while our software allows Customs to see our incoming and outgoing packages. Testing happens onsite and our Supply Chain is never broken. We maintain possession of the product until it is shipped to you.