March 27, 2018
Mitch McConnell is a seasoned Republican who has been serving as senator from his home state Kentucky for more than three decades. From 2015, McConnell has also been the Senate Majority leader. On Monday, he announced to introduce a bill for the legalization of hemp as an agricultural commodity.
The bill will be co-sponsored by two Republican and one Democrat senators. The bill entails the removal of federal ban on the cultivation and production of hemp, and introduction of state-sponsored research on the plant. If this bill gets passed and hemp is removed from the list of controlled substances to become an agricultural commodity, it will be a huge development for the businesses dealing in cannabidiol (CBD). It is a therapeutic strain of cannabinoid that can be extracted from any sub-species of cannabis including hemp.
According to the legal definition, any cannabis strain with less than 0.3 percent of THC can be classified as hemp. THC is the main intoxicating cannabinoid present in cannabis plants, responsible for its psychedelic effects. There is no restriction whatsoever on the amount of CBD that might be present in hemp.
As latest as 2014, hemp was listed among the Schedule I commodities in the list of controlled substances. However, Congress then passed the federal farm bill which set the aforementioned legal definition of hemp and allowed some states to commence pilot programs to study the use of hemp.
Kentucky, the home state of McConnell y, was also one of the states where this pilot program took off. This pilot project helped a lot in clearing the air and the confusion regarding the difference between cannabis with high traces of THC and hemp. According to McConnell, the results of the pilot project must have helped the senators to understand the difference between hemp and cannabis.
In Kentucky, the pilot program is being conducted very successfully where the hemp farming has gone to 12,000 acres from no cultivation at all. Research facility at the University of Louisville has studied the crop for its uses as a source of energy in the form of biofuel and as a material for home insulations. The research has shown some promising results and McConnell seems very convinced with the proposed uses of hemp by the university. He shared the details of this research at the US Hemp Roundtable held in Frankfort.
Furthermore, hemp is a raw ingredient for the manufacturing of therapeutic medicines used by the patients of medical cannabis. Its CBD content makes it very useful for therapeutic purposes and its legalization can help the MMJ industry to cater a mounting number of patients.
Not only that, a legalized hemp industry will create more job opportunities. A glimpse of it can be seen in Kentucky where a Biotech company that develops medicinal CBD hemp oil is developing a 75,000 sq. ft. facility for the processing of hemp plant. Apart from that, they are going to create more than 140 full-time jobs by setting up a cultivation community. We can expect that after bourbon, Kentucky will soon be known for its thriving hemp industry.
Marijuana stays in the news, and Alice is always ready to keep us updated. A world traveler and lover of freedom, Alice knows what is going on, no matter where she roams. She specializes in marijuana legalization stories across the globe, with up to date... [read more]