The CBD universe transformed when the United States President signed the 2018 Farm Bill into law. For the first time since 1937, industrial hemp was legal. Farmers across the nation rejoiced. The opportunity meant exiting the shadows of the black market and entering the light of regulation. Crop insurance offered newfound protection. Applications to cultivate hemp soared. Entrepreneurs became cultivators in the race to capitalize on the new cash crop. But what about the fine print? One caveat to the 2018 Farm Bill is that states must regulate and license the production of industrial hemp. Restrictions range from state-certified seeds to specialized testing equipment. Licensing fees are common, and not all states are on board. Cultivating industrial hemp remains illegal in a handful of states. Producers and manufacturers must master this paradigm-shifting legislation if they are to thrive in the new market.
Table of contents
00:00:40 Introduction of the speakers
00:08:11 Creating a brand
00:11:37 Benefits
00:15:12 Getting a feedback
00:16:33 Finding sources
00:21:15 Herbology
00:23:47 Key things at the beginning
00:27:47 Regulations and standardization
00:38:40 Q&A
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