- Agriculture Improvement Act of 2018, which includes the legalized production of hemp, passes both houses of Congress
- Company seeks to change the industry from risky cash-only store fronts to a secure, federally compliant bank-accessible business model
- Positioned at the forefront as federal laws catch up to the growing industry
Companies working in the medical and recreational cannabis industry, like Medical Cannabis Payment Solutions (OTC: REFG), are celebrating a big win. A large farm bill, known as the Agriculture Improvement Act of 2018, was passed in the Senate, 20-1, and in the House of Representatives, 369-47 (http://nnw.fm/pR4Yl).
Sen. Majority Leader Mitch McConnell’s Hemp Farming Act was included in the Senate’s farm bill. McConnell has been working to remove industrial hemp from the list of controlled substances under federal law in order to open up new opportunities for his home state of Kentucky, as well as…
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