Bill H.R. 3530 takes a major step towards passing its hemp regulation bill.

 

Today, a 39th co-sponsor was added to Bill HR 3530, Industrial Farming Act of 2017, effectively bolstering its effectiveness in the house. This signals a strong move for this bill, as previously it was stated by the bills founders that acquiring a significant list of co-sponsors would be difficult. Now, we can see new co-sponsors being added almost monthly.

Besides the significant impact this bill has on small hemp companies in the USA, it is also an important piece of legislation for the following reasons….

What H.R. 3530 does is simple: it defines Industrial Hemp as something that is not an illicit substance and excludes it from the Controlled substances act . THis will seperate it from Marijuana and allow for un obsrtucted access to hemp derived products for millions of consumers.

This is a great thing. Not just for hemp growers and consumers in the US, but for consumers worldwide. It’s wildely known that the “Made in the USA” stamp designates a high quality product. When H.R. 3530 is passed, Hemp can join this club.

The Bills founder also had some positive words to say,

“I am honored to sponsor the Industrial Hemp Farming Act because I know firsthand the economic viability of industrial hemp.  Hemp has created new opportunities for family farmers and good paying jobs for American workers, especially in Kentucky,”



 

Also, we can see that as this bill passes, we will be able to target more university research.

 

The bill would also create a new category for hemp research at universities and state departments of agriculture, and allow for further study and commercialization of industrial hemp crops. The ultimate goal is to take industrial hemp to the next level and begin to treat it like other traditional farm crops such as corn, wheat, or soybeans.

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