Green Hygienics Holdings Inc. (GRYN) Among Hemp Cultivators Set to Benefit from California’s Assembly Bill 45

October 19, 2021 12:44:47
  • The 2018 U.S. Farm Bill removed “hemp” from the definition of cannabis but did not allow for inclusion of cannabidiol (“CBD”) in food or supplements
  • Regulations will remain in terms of labeling and serving size, and they will be determined by CDPH (California Department of Public Health)
  • Green Hygienics exclusively works with industrial hemp and stands to benefit from the signing of AB45 in California
The Farm Bill of 2018 was a game-changer in the hemp industry. Signed into law in December 2018, the Farm Bill removed “hemp” (Cannabis sativa L) and its derivatives comprised of a low concentration (less than 0.3%) of the psychoactive 9-tetrahydrocannabinol (“THC”) compound from the Controlled Substances Act definition of cannabis. Within the bill, the FDA preserved authoritative rights over hemp products ( Therefore, all hemp products must meet any applicable FDA requirements or standards – much like any other product sold legally on the market. Assembly Bill 45 and Its Provisions Recently, more than three years after this ruling, Assembly Bill 45 (AB45) was signed by Governor Gavin Newsome, allowing for hemp-derived cannabinoids, extracts, and derivatives, in food and dietary supplements. However, AB45 does not come without… Read More>> NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at About HempWire HempWire (HW) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWire (HW) is where HEMP news, content and information converge. To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only) For more information please visit Please see full terms of use and disclaimers on the HempWire website applicable to all content provided by HW, wherever published or re-published: Do you have a questions or are you interested in working with HW? Ask our Editor HempWire (HW) Denver, Colorado 303.498.7722 Office HempWire is part of the InvestorBrandNetwork.