News and Trends / Politics

The U.S. Senate Voted to Legalize Hemp. And Hemp Won.

The Farm Bill legalizes the cultivation, processing, and sale of industrial hemp.
The U.S. Senate Voted to Legalize Hemp. And Hemp Won.
Image credit: bdspn | Getty Images
Entrepreneur Staff
Editor in Chief of Green Entrepreneur
2 min read

Hemp might not be the first thing you think about when you hear the name Mitch McConnell, but the Senate Majority Leader has championed legislation to make it legal to grow industrial hemp in the U.S. Yesterday, the Farm Bill passed by a vote of 86-11, with rare bi-partisan support. 

“I’m most excited about a provision in this bill that will clear the way for the legal farming of industrial hemp by removing current roadblocks that prevent farmers in Kentucky and around the country from capitalizing on this promising crop,” said Senator McConnell

Not the Psycho-Active Drug

The United States is the only developed country which still bans the growth of industrial hemp. This is mostly due to bad PR for the plant, which many falsely associate with reefer. 

But McConnell and others were quick to point out that hemp is the non-psychoactive strain of cannabis, unlike "its illicit cousin" marijuana. Indeed, hemp contains the double whammy of low levels of THC, the chemical that causes you to get high, and CBD that blocks the effectiveness of the THC.

According to a Congressional Research Service report released last week, industrial hemp is "used in the production of a wide range of products, including foods and beverages, cosmetics and personal care products, nutritional supplements, fabrics and textiles, yarns and spun fibers, paper, construction and insulation materials, and other manufactured goods."

Related: Hemp Is the Multibillion-Dollar Cannabis Opportunity Few Have Heard About 

What's Next?

The Farm bill would remove hemp from the federal list of controlled substances, allowing it to be sold as an agricultural commodity. States would be allowed to regulate hemp, and hemp researchers could apply for grants from the Agriculture Department.

But don't hold your breath— the Senate's bill still needs the approval of the House, which is working on its own version of hemp legalization, before it can land on the President's desk for his signature. 

Related: Will President Trump Really Support States' Rights On Marijuana?

By Javier Hasse
From retailers to growers, producers, and suppliers, there’s a seemingly never-ending list of startup opportunities in this emerging market. In Start Your Own Cannabis Business, marijuana, biotech, and entrepreneurship reporter Javier Hasse introduces forward-thinking entrepreneurs like you to the industry and shares hard-earned tips and success stories from pioneers and visionaries in the marijuana industry.
Learn More

Latest on Green Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to Queue next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to Queue next to any article to save to your queue.

Podcasts episodes coming soon for GreenEntrepreneur.com

There are no Podcasts in your queue.

Click on the Add to Queue next to any podcast episode on Entrepreneur.com to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). The table below describes in more detail the data being collected. By giving your consent below, you are agreeing to the use of that data. For more information on our data policies, please visit our Cookie Policy.

Name Category
Google Ad Serving, Ad Targeting, Analytics/Measurement, Optimisation
Rubicon Ad Serving
Teads Ad Serving
Nativo Ad Serving
Teads Ad Serving
New Relic Analytics/Measurement
Log Entries Analytics/Measurement
Sailthru Content Customization