Cannabis sativa L. is a species of plant that forms the basis for many 21st century consumer products. While, of course, psychoactive cannabis makes up what most envision when they hear “The Cannabis Industry,” the hemp market, is, in fact, a fundamental part of the American identity. And as of December 2018, the federal government has deemed hemp legal and devised a definition that pulls the hemp plant out of the Control Substances Act altogether. Despite its federally legal status, several federal agencies have jurisdiction over many aspects of the hemp plant, goods made with hemp or hemp derivatives, and the hemp industry. This track explores the USDA’s regulatory authority and [draft] regulations, the impact of the Agricultural Improvement Act of 2018, known as the Farm Bill on hemp cultivation in the United States, and the outcomes of legalization on the hemp industry.
Shawn Hauser, Partner, Chair of the Hemp and Cannabinoids Practice Group, Vicente Sederberg
Rod Kight, Attorney, Kight Law