The bill that legalizes Hemp
This year Missouri will have a Christmas surprise that will not be easy to open. As in family we wait for Christmas to open the gifts that are under the tree, the hemp has had under its regaso one million benefits for the industry. Already our representatives are beginning to uncover the hemp gift boxes and are giving the United States the opportunity for 2018 to be the year with the greatest progress in the medical cannabis industry.
As a matter of fact, one of the most recognize faces in the Republican party on Capitol Hill, Senator Mitch McConnell, filed a bill to radically change federal laws that currently makes hemp illegal for all purposes.
"For the first time in 80 years, this bill legalizes hemp. We forget, but hemp was widely grown in the United States throughout the mid-1800s," - Said, Senator Michael Bennet during a speech.
Hemp is deeply rooted specially to the state of Kentucky’s past. But growing hemp without a federal permit was banned decades ago because of its classification as a controlled substance related to marijuana. Hemp and marijuana are the same species, but hemp has a negligible amount of THC.
But, what can we expect from this new law?
The Hemp Farming Act of 2018 would legalize hemp completely removing it from the federal list of controlled substances. Also, the legalization of hemp nationwide will end with decades of bad policymaking and will open up untold economic opportunity for farmers in Oregon and across the country.
The legislation will spur economic growth in rural communities by creating different kind of jobs that pay well.
For the bill to become law, it will have to be approved by both the Senate and the House of Representatives, and then signed by President Trump (or allowed to become law without the signature).
Although this can be seen as a great mission, the fact that it is presented by the majority leader of the Senate, which is Republican, is a good sign and gives it a solid initial foundation.
On the other hand, it is important to mention the great benefits that this law will bring to the nation including our beloved State of Missouri, which is eagerly awaiting the approval of this and many future laws that support new projects of the hemp industry as well as of cannabis.
This approval would come with much emotion in these holidays for those Missourians who yearn to be able to enter and take advantage of this industry that due to the stigma stopped being productive for many years.
In conclusión, we look forward to seeing you on February 23rd at the Kansas City Marriott Country Club Plaza Hotel to discuss all the above matters and much more. Whatever you do, don’t lose the opportunity to meet other industry players, cultivators, oil extraction experts, doctors, lawyers, information and opportunities for financing and to be able to exchange ideas and plan our vision. For more information regarding our seminar please visit our website at www.pharmacologyuniversity.com and or call:
Henry Levinski at 817/528-2475 or Dante Picazo at 214/733-0868.
Thank you we will see you on February 23rd.