What does the farm bill mean for hemp supplement companies?
On December 20, 2018, the Agriculture Improvement Act of 2018, more commonly known as the “Farm Bill,” was signed into law. The goal of this act, as stated at the very beginning of the act itself, is “to provide for the reform and continuation of agricultural and other programs of the Department of Agriculture through fiscal year 2023, and for other purposes.” Though this bill discusses many different provisions regarding agriculture—some of which are related to wetland conservation, dairy milk operations and products, crop assistance, and rural energy savings—the one area of the law that received major reform is hemp.
