Sen. Rand Paul (R-KY) on Tuesday introduced a bill that would triple the concentration of THC that can be in legal hemp plants and address multiple other concerns the industry has expressed about proposed federal regulations for the crop.
Hemp and its derivatives were legalized under the 2018 Farm Bill, and the U.S. Department of Agriculture (USDA) quickly got to work developing rules for the market. But industry stakeholders have strongly protested certain restrictive regulations that they say could inhibit the sector’s growth.
Paul’s new Hemp Economic Mobilization Plan (HEMP) Act aims to resolve those problems by codifying four specific rules for the industry.
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