- 2018 Farm Bill promotes federal legalization of non-psychoactive industrial hemp in United States
- Majority of states already have legal pilot programs to analyze industrial hemp’s potential for boosting agriculture
- Global Hemp Group already testing revitalized cultivation of hemp in Canada, with interest in U.S. market
While states continue to grapple with how they will approach medical and recreational marijuana controversies, as well as the federal government’s drug classification policy in the United States, a more cooperative camaraderie appears to be developing nationwide in regard to the growth of industrial hemp, the cannabis plant’s non-psychoactive breed. The U.S. Senate is debating a 2018 update to its 2014 Farm Bill that legalized hemp for limited agricultural research, and state governments across the country are contemplating the plant’s potential for reviving their agricultural economies.
Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) has long had an interest in establishing a strong footing in the industrial hemp industries of Canada and the United States. Its headquarters are situated in Vancouver, British Columbia, where it could be in a prime position to take advantage of the…
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