Most of us know that, since the Farm bill of 2018, growing the hemp plant is now legal. Before this bill, it was considered a scheduled 1 drug like cannabis/marijuana. American manufacturers using hemp in their products had to import it from Europe or China. Since October 2018, Farmers can grow it in the United States, without any complications, if the THC the hemp plant holds is lower than 0.3%.
Unfortunately, CBD (cannabidiol), the main non-psychoactive compound of cannabis and hemp, hasn't been regulated by the FDA. It is not considered a dietary supplement just yet. Because of this lack of regulation, it can be hard to find good quality CBD oil. But it is also very hard for CBD businesses to market their products. It also opened the door to frequent doubtful "CBD" oil businesses to emerge on the web marketplace.
Happily, 2020 is looking bright. A new Farm Bill is being discussed. This new Bill concern the FDA oversights of CBD. It will also add laws to regulate hemp cultivation in conjunction with the U.S Department of Agriculture (USDA). The USDA would have to study how to regulate and market barriers for farmers engaged in hemp production, the cost of implementing hemp testing programs, and evaluate the cost of destroying Hemp exceeding the 0.3% THC limit, amongst other things.
Collin Peterson, Chair of the House Agriculture Committee, said in a press release: "This bill will allow FDA to regulate CBD that comes from hemp as a dietary supplement, providing a pathway forward for hemp-derived products. It would also identify barriers to success for hemp farmers, informing growers and policymakers of the challenges facing this new industry."
These new regulations would greatly impact the marketplace permitting the CBD supplement to be sold nationwide with appropriate labeling. This way the consumer would be protected, and the marketers would have to offer a variety of products respecting those clear regulations. The faster this transition happens the better for the newly developed hemp industry and its costumers.
Regrettably, the process of finalizing such a bill will take time. With the 2020 elections coming up this project might not be a top priority for many.
It is not a reason to be discouraged, things are moving in the right direction and it can only get better from here. We have seen many big changes only in the past two years. People are asking for more and their prayers have been heard.