(L-R)Seth Gitner and Peter Murphy of Saul Ewing. Courtesy photos The Fate of Hemp-Derived Products and the 2023 Farm Bill
The 2018 Farm Bill paved the way for the current CBD industry, but also left a number of questions unanswered. Many are curious whether, and how, the 2023 Farm Bill will impact the CBD industry.
May 17, 2023 at 12:51 PM
8 minute read
The Agricultural Improvement Act of 2018 (the 2018 Farm Bill) removed hemp, defined as cannabis with a delta-9 tetrahydrocannabinol (THC) content of not more than 0.3% on a dry weight basis, from the list of controlled substances, as well as all extracts and derivatives thereof. See H.R. Res. 2, 115th Cong. (2018).
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