What is the Farm Bill, and why is it important?
On December 20, 2018 President Donald J. Trump signed into law the 2018 Agricultural Improvement Act, otherwise known as the 2018 Farm Bill. This act contained language specifically inserted by Senate Majority Leader Mitch McConnell (KY) that completely legalized industrial hemp and ended nearly 80 years of prohibition on the plant. Hemp is now completely exempt from the definition of the controlled substance act (CSA).
Furthermore, the 2018 Farm Bill clarified the definition of hemp — often limited to fiber and seed — to include the entire plant, specifically the floral parts and cannabinoids derived from it. This put into motion the legal framework for the already burgeoning marketplace for hemp and CBD extracts.
What is industrial hemp, and how is it defined in the Farm Bill?
Industrial hemp is the non-psychoactive, low-THC, genetically distinct variety of the plant cannabis sativa. Hemp has absolutely no use as a recreational drug. The Farm Bill defines industrial hemp as “the plant Cannabis sativa L. and any part of such plant, whether growing or not, with a delta-9 tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis.”
Is Ananda Professional compliant with all laws?
Yes. We work closely with the State of Kentucky and the Department of Agriculture to ensure we are compliant with all existing laws regarding hemp extracts and byproducts. We are also FDA registered and follow cGMP.