Law360 (January 29, 2020, 4:20 PM EST) -- The CBD market has exploded since the passage of the Agricultural Improvement Act of 2018, which legalized hemp-derived CBD on the federal level. And with the Oct. 31, 2019, release of the U.S. Department of Agriculture’s draft interim rules for the federal hemp program and requirements for approval of state hemp programs, the CBD market seems poised to grow bigger.
The 2018 Farm Bill permits nationwide sales of legally produced hemp-derived CBD products that meet the definition of industrial hemp (i.e., contain no more than 0.3% THC) and have been cultivated, manufactured, packaged and sold in compliance with state law at...
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