Lawmakers in the United States say they are close to reaching a consensus on the U.S. Farm Bill, Reuters reported. The measure is eagerly anticipated by hemp stakeholders who see it as the gateway to a full-fledged hemp industry in the USA.
The bill is expected to include language that will categorize hemp as an agricultural commodity and remove it from the Drug Enforcement Agency’s list of schedule 1 drugs. Passage is expected to significantly boost CBD sales and advance other hemp sub-sectors
The U.S. Farm Bill would fund a total $867 billion in food and agriculture programs. Lawmakers have not offered details of what the Washington Post termed an “emerging compromise.” One Senator, Republican Pat Roberts of Kansas, said word of any “complete agreement” is “premature.”