Louisiana State Senate unanimously agreed to pass the Hemp Legalization order. This step by the Senate will help the local Hemp industry on a massive scale.
It plans to build regulations that will allow Hemp producers and retailers more autonomy in their business transactions. In addition to this, there will be less misconception surrounding the legality of Hemp and their CBD content.
The Hemp Legalization and its prospects
The Senate operates under Gonzales Republican Representative, Clay Schexnayder who approved the decision. The decision to legalize Hemp in the state also won the majority of the Senate’s votes, with a whopping 34-2 measure. This is a huge step towards allowing Hemp farmers to cultivate and grow Hemp legally in the state.
They can turn their businesses even more profitable if the state laws support them. Moreover, it ends regulatory confusion as well! As the Hemp industry grows day by day, it is imperative that the state laws and regulations encourage local industries.
While most people consider CBD and Hemp to be the same, they are most definitely not. It is true that they both are a branch of the Cannabis family but also, that they have entirely different THC contents. THC is the psychoactive compound of the Cannabis plant. Although the Hemp plant has a much lower THC level, it is used in thousands of other products.
Hemp is a key ingredient to make fiber, plastic, biofuels, concrete, and paper. It even has medicinal properties! This means that if more farmers cultivate the plant, the more they benefit! Senator Norby Charbet stated, “Every single farmer that I’ve been in contact with is for this bill” To stress how it is the farmers who will benefit the most from this agricultural advancement.
State laws and Federal laws: The Farm Bill
In December of 2018, the Farm bill was passed. That bill explicitly removed Hemp from the list of federally controlled substances. That means that it is officially legal! The US Department of Agricultural is working towards programs that further help out Hemp producers in the entire country.
Hemp is a billion-dollar Industry and is growing at a faster pace than ever. This is specifically the case for the United States. Senator Bret Allain commented on the situation, stating “Let me be really clear. This is not marijuana. This is industrial hemp, a recognized agricultural commodity.’
Although the federal law only allows products with 0.3% of THC levels. That does mean that almost all products from seed to shelf, undergo sampling. There is a strict check on both Hemp plantations and retail stores. In addition to this, there are proper regulations regarding the transport and purchase of Hemp products. It also comes under the agricultural department to sample and test Hemp products and maintain regulatory controls.
Agricultural Commissioner Mike Strain, made sure to keep these clauses in mind when drafting the legislation. Strain described the legislation to be “restrictive” in nature. Even so, that all products that contain a legal dosage of CBD must go through a second analysis by the Food and Drug Administration (FDA).
Uncertainty regarding CBD Production
Senator Jack Donahue stated that hemp oil was very beneficial for him after his surgery; however, purchasing it had uncertainty surrounding its legality and safety. It is the right of every US citizen to use something that can benefit them without the conflicting conspiracies enclosing it.
A lot of the senators had the opinion that this legislation will not be in the best interest of the economy. They were skeptical that this decision might be a gateway to illegal activities in the Louisiana state rather than for economic growth. However, these opinions were shut down quickly, given the detailed regulations set in place for Hemp trade.
Senator Francis Thompson also stated that the lengthy restrictions and rules outlined in the proposal could possibly create even more uncertainty in the business environment. Although he later clarified “I’m a little hesitant, but I’m hopeful the farmers will reap great benefits and businesses around the state.”
Hemp Making Headlines
As more and more states specialize their state laws regarding Hemp trade, it gives Hemp retailers and cultivators more autonomy to run their businesses. Moreover, it will help the consumer end as well. It will introduce a variety of CBD products and hopefully allow easier accessibility.
Right now, Hemp retail shops are not very common across the 50 states. However, state laws are falling into compliance with the Hemp industry to help it reach more people.
This does mean that Hemp will be growing as a vital raw material for the Paper, plastic, fuel, and Pharmaceuticals industry. In addition to that, there will be an increase in CBD food and beverages too. This is definitely the era of the Green gold.