Trump Seeks Additional Funding to Regulate CBD and Hemp

February 20, 2020 09:00:43

Back in December 2018, President Trump signed a bill that legalized the cultivation and sale of industrial hemp and its extracts. States and tribes were to create their own hemp programs and submit them to the U.S. Department of Agriculture (USDA) for approval in a year, but in the meantime, farmers could commence cultivation under pilot programs.

Within a year, the hemp/CBD sector was already worth millions in sales, with experts saying it would hit $20 billion by 2024.  However, beneath all these attractive numbers, problems were brewing. The sector had grown too fast for regulatory authorities to keep up, and it was filled with…

Read More >>

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CBDWire.com

Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask Our Editor

CBDWire (CBDW)
Denver, Colorado
www.CBDWire.com
303.498.7722 Office
Editor@CBDWire.com

CBDWire is part of the InvestorBrandNetwork.