Federal agriculture rulemakers at the U.S. Department of Agriculture released final hemp production rules on Friday, in the final days of the Trump Administration. Changes to the final rule were based on public comments from farmers and industry members about interim hemp rules released in 2019 and are set to take effect on March 22.
The nail-biter 2020 presidential election in the United States has a lot of folks scratching their heads. The hemp industry is no exception. Though the presidential campaigns never talked about the the newly legal crop, the race set up enormous implications for the business landscape faced by the hemp industry. That’s because the main regulators
Time is running out for public comment on a proposed U.S. Drug Enforcement Administration rule that hemp industry supporters say wrongly criminalizes extracts from the plant. The comment period for the rule over the federal agency published August ends Tuesday. At issue is whether the DEA is simply updating its policies to comply with the 2018 Farm Bill,
Epidiolex, the only plant-derived cannabis drug approved by the U.S. Food and Drug Administration, is no longer considered a controlled substance, providing a boost to its manufacturer’s stock price. GW Pharmaceuticals, a biopharmaceutical company based in London, saw its stock go up 5.9% on Tuesday, one day after the U.S. Drug Enforcement Administration said it
USDA Secretary Sonny Perdue addresses the nation’s state agriculture departments on Wednesday, Feb. 26, 2020 (Photo courtesy USDA) Federal agriculture officials are dropping the requirement that all THC testing on hemp crops must be performed at laboratories registered with the U.S. Drug Enforcement Administration (DEA), according to industry sources. And food and drug regulators say