Congress Votes to Approve a $867 Billion Farm Bill – Big Implications for Hemp in United States

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From a recent report in the Washington Post: A nice write up of the implications around the passage of the 2019 Farm Bill, which largely had bipartisan support and for the first time in one hundred years, legalized hemp in the United States. The report states:
In a 386-47 vote, the House of Representatives Wednesday approved a bill which allocates billions of dollars in subsidies to American farmers, legalizes hemp, bolsters farmers markets and rejects stricter limits on food stamps pushed by House Republicans. President Trump is expected to soon sign it into law.

The farm bill legalizes the production of hemp, a form of cannabis with lower THC levels than marijuana. Analysts told CNBC that hemp could grow into a $20 billion industry by 2022.
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