This morning, right after becoming reviewed in the White Home final week, the US Division of Agriculture released its lengthy-awaited Interim Final Rule for the US Domestic Hemp System. This move is one particular of the final barriers that the USDA ought to cross in the lengthy journey towards passing this Rule. You can study the complete rule right here.
The U.S. Hemp Roundtable attorneys and policy analysts are cautiously reviewing the Rule, and will be participating in a USDA briefing this afternoon, which will yield evaluation that will be shared inside the subsequent couple of days. Following initial critique, the US Hemp Roundtable group is cautiously optimistic about the Rule.
Additional, final week, the U.S. Hemp Roundtable Board of Directors held a private meeting with USDA Undersecretary Greg Ibach who leads the agency’s hemp efforts and shared with us the broad contours of the regulatory method. In addition, they also met with USDA Threat Management Agency Administrator Martin Barbre, as perform continues with the agency on the improvement of reasonably priced crop insurance coverage goods.
The USDA’s intent by way of the Interim Final Rule is to supply states with flexibility to create powerful hemp applications, strictly constant with the language of the 2018 Farm Bill. They have been quite eager to perform with the sector all through the method and stay quite open to our input.
We want to hear from you. Please study the Interim Final Rule and share your feedback at [email protected]