
How The 2023 Farm Bill May Reshape The Hemp Industry
Since former U.S. President Donald J. Trump signed the 2018 Farm Bill that legalized hemp at the federal level, the hemp industry seems to have flourished all over the country.
The United States Department of Agriculture (USDA) estimated that the total value of hemp production is worth $824 million in 2021.
The demand for CBD-based products has driven the industry's production and sales, despite the U.S. Food and Drug Administration (FDA) has not yet allowed CBD in foods, beverages, or dietary