House bill 57 is up for votes by the Ohio state Senate. The Senate operates under Republican Bill Seitz. This bill will allow farmers to grow and cultivate Industrial Hemp. Seitz further commented on the bill saying, ‘we think it’s the best bill that’s happening to farmers this year.’
The Ohio state senate will still abide by Farm bill which legalizes Industrial Hemp production.
State Senate and Federal Laws
More and more states are readjusting their laws according to the Federal changes. Hemp is no longer regulated as a controlled substance. In addition to this, all Hemp products can undergo production if they contain less than 0.3% of THC.
THC levels are very important when it comes to the retail and production of Cannabis products. THC or Tetrahydrocannabinol is the psychoactive element of the Cannabis Plant. It is the element that causes a “buzz’ and is what most people know Hemp for.
However, Hemp is much more than that. It has many uses and can create over 25,000 different products. It is the raw material of the decade. More manufacturers are using this as a cheaper and eco-friendly alternative.
Ohio State Bill 57 is in accordance with these laws. The clauses state how all CBD products will have little to no THC content. Moreover, they will undergo testing and sampling to make sure all processes from seed to shelf abide by this law. The SB 57 bill was approved by the Senate on March 28th.
When will the Bill be effective?
Usually, the bill is effective three months after the governor signs it. However, in the House Agriculture and Rural Development Committee, changes were made to how the usual proceedings are. One of the new clauses includes that the bill will be effective immediately after the Senate passes it.
The Bill is currently undergoing other changes too. One of the clauses states that anyone who wants to participate in the production and retail of Hemp will require a proper license from the Ohio Department of Agriculture. Different licenses will be available according to the different products.
Initially, farmers and producers only require a single license that was for processing Hemp into CBD. However, that has changed. Now sperate licenses are for Hemp in cosmetics, fibers and other industrial products.
More Regulations await
There are strict regulations that come along with more autonomy in Hemp production. The in-house Bill states that If a producer is caught violating any of the regulations, their license can face suspension for up to ten years. One of the regulations includes producing products with no more than 0.3% THC content.
Moreover, there are strict laws about Hemp transportation. There will be constant check and balance to monitor economic activity across the state. Initially, only pharmacies and dispensaries could retail Hemp and CBD products, but the good part is that authority is now extended to more retail groups in the Industry.
However, the more exciting news is that the laws regarding CBD confiscation are changing! This is great news for Hemp producer, retailers, and consumers. Before the legalization, a lot of the players involved in the CBD industry had to face seizure of products. Retailers can now get their products back!
All they have to do is prove that these products were made legally and are under the legal dosage. The retailers can pay for a small test that proves that the THC content does not exceed 0.3%. After the documentation is ready, they can reclaim their losses. This is a great step that encourages retailers and makes up for their loss.
Local Economy Benefiting
The state supporting the local Hemp retailers and people in the business can help boost the economy. It will also provide more research and development for Hemp as a raw material in other secondary industries. Hemp is essential for paper, plastic, cloth, medicine, and Fiber. It can create thousands of products that would be very expensive to make otherwise.
These bill by the Ohio Senate allow easier entry in the market, although it is true that certain regulations like licensing and FDA approval can be hard to manage. However, this is a one time cost, and you can maintain your business smoothly afterward.
These regulations are necessary to make sure no illegal activity takes place, and Hemp is for Industrial uses only. This will benefit employment rates and sustainable growth shortly as well.