Hemp farmers have awaited clarity from the federal agency, which, along with the USDA and the FDA, has to craft rules for the newly legal hemp industry and its products.
An industry holds its breath as it works with regulators to approve hemp in animal feed.
The state has decided to defer a decision on whether hemp extracts like CBD should be allowed in foods and beverages.
Federal financial regulators released a memo to “provide clarity” on hemp’s legal status.
Allowing farmers to sell hemp and CBD products to medical cannabis businesses gives hemp farmers “another market for their products,” said ag commissioner Richard Ball.
Stakeholders are analyzing them as fast as they can, knowing that they may catalyze an already booming industry.
The company behind Marlboro acquired a 45 percent stake in the Canadian cannabis company Cronos Group earlier this year.
The growing hemp industry lacks universal agreement on its THC threshold.
Last week, the global cannabis giant gave input on everything from THC testing, to interstate transportation, to seed certification.
Big Sky Scientific contends shipping the product is legal under the last two federal farm bills, but the judges sent the matter back to Idaho.
The agency’s determination “for the emerging American hemp industry” will follow a 30-day public comment period.
NY’s Southern Tier is “well on its way to becoming the Silicon Valley of industrial hemp,” Sen. Chuck Schumer said Monday.
Officials from three federal agencies updated a Senate committee on their progress in drafting regulations for hemp production and products.
The FDA has been collecting public comments since April to inform CBD product rules, and the window closes tomorrow. From state ag regulators to New York’s Bar Association, here are some highlights.
New York State campuses are among the leaders, as scientists work to refine cultivation and find additional uses for the long-suppressed plant.