Maine Backtracks on Plan to Double Hemp License Fees
Feb 10, 2020
The budding U.S. hemp sector can only be described as chaotic. After decades of prohibition, hemp cultivation became legal after Congress passed the 2018 Farm Bill. However, the barebones legislation granted only one provision, all hemp had to have less than 0.3% THC for it to be legal. Months later, in October, the USDA published its interim final rule on hemp.
In just a couple of months, the hemp industry was worth millions in sales. A large chunk of the demand for hemp can be attributed to cannabidiol (CBD), a chemical that’s produced by the plant. It’s said to have medicinal properties, and users claim it’s effective against everything from…
About HempWireNews
HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.
To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.HempWireNews.com
Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer
Do you have a questions or are you interested in working with HWN? Ask our Editor
HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
[email protected]
HempWireNews is part of the InvestorBrandNetwork.
Hot News
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.