Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and the US Senate Celebrate Hemp History Week

June 8, 2018 12:54:31
  • U.S. Senate declares ‘Hemp History Week’ from June 4-10
  • Pending legislation in U.S. Congress to remove restrictions on hemp cultivation
  • Hemp cultivation operations underway in the U.S. and Canada for Global Hemp Group

Forty-eight years after the Controlled Substances Act (CSA) of 1970 criminalized its use, hemp may finally be escaping from its stigma as an illegal substance. An omen of that impending legitimacy appeared on Tuesday, June 5, 2018, when the U.S. Senate approved a resolution declaring June 4-10 ‘Hemp History Week’. The resolution made note of “the growing economic potential of industrial hemp” as well as its “historical relevance,” and its unanimous passage augurs well for the industrial hemp industry, which is now rebooting after a hiatus of 60-odd years. Commercial cultivation of hemp in the U.S. effectively ceased after 1958.

This celebration of hemp follows the introduction of the Hemp Farming Act of 2018 in the U.S. Senate, which proposes, among other things, to remove hemp from Schedule 1 of the CSA. The Senate bill further reinforces the legitimacy of industrial hemp and growers like…

Read More>>

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]