Trump administration cautions against hemp expansion

0 0 votes
Please Rate This Article!

The Good Ole Hemp farm in St. Cloud, Minnesota. (Photo courtesy of Josh Helberg, owner of Good Ole Hemp)

The Trump administration doesn’t want to see hemp expanded nationwide in the next Farm Bill because of concerns about overproduction, an official said Wednesday.

Greg Ibach, undersecretary for the U.S. Department of Agriculture, said current hemp regulations are “fairly narrow” and that the Trump administration doesn’t necessarily want to see that change when the Farm Bill is rewritten this year.

Advertisement

banners

The 2014 Farm Bill allowed hemp production for the first time in a generation – but only in states with authorized hemp research projects.

Advertisement

“Opening the door wide open nationwide, with no restrictions, may not be in the best interests of the hemp industry,” Ibach said, providing the most thorough comments yet from the Trump administration about hemp.

“One of the challenges we maybe have in the hemp industry is to make sure that demand and production coincide,” he told the media, including Marijuana Business Daily, after speaking at the Governor’s Forum on Colorado Agriculture in Denver.

Advertisement

Asked how the USDA and Trump administration envision hemp being regulated, Ibach said there’s danger to opening up the market to all states.

“We need to be careful so that we don’t kill the market for hemp by overburdening the market with supply before there is demand for it,” Ibach added.

He said oversight of hemp should belong to the U.S. Department of Justice, which includes the Drug Enforcement Administration, not the USDA.

The DEA appeared in court last week to argue that CBD, a molecule derived from hemp and marijuana, is an illegal drug and not authorized by the Farm Bill.

To sign up for our weekly hemp business newsletter, click here.

Kristen Nichols can be reached at [email protected]

0 0 votes
Please Rate This Article!

Author: admin

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments