hemp field
Hemp Industry

Will Congress Legalize Hemp In 2018?

House and Senate lawmakers have agreed to a reconciled version of H.R. 2: The Agriculture Improvement Act of 2018 (aka the 2018 Farm Bill), which includes provisions lifting the federal prohibition of industrial hemp. “For the first time in nearly a hundred years, commercial hemp production will no longer be federally prohibited in […]

hemp
Hemp Industry

New Jersey Legalizes Industrial Hemp Farming

Seeking to expand the state’s commercial hemp market and spur economic growth, Assembly Members Nancy Pinkin and Verlina Reynolds-Jackson have sponsored legislation to allow industrial hemp farming in New Jersey. The bill was signed into law by Governor Phil Murphy on Wednesday. “More than twenty industrial hemp-producing countries worldwide each […]

andrew cuomo marijuana cannabis
Hemp Industry

New York Governor Announces Further Action To Support Medical Marijuana And Industrial Hemp

New York’s Governor issued the following press release earlier this week: Governor Andrew M. Cuomo today announced further action to support the development of medical marijuana and industrial hemp businesses in New York, directing the Department of Financial Services to provide guidance to support the safe and sound provision of banking services […]