According to Washington DC-based cannabis attorney Jonathan Havens and the National Hemp Association, the USDA has completed the rules and submitted them for review to the White House Office of Budget and Management, which reviews all regulations adopted and implemented by a presidential administration.
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Sources: USDA hemp rules drafted and awaiting White House approval
It’s probably worth having a quick read of this MM article too, for context an all things hemp this week
Senate Committee Blocks DC Marijuana Legalization While Advancing Hemp Regulations