With Hemp Still Not 100% Legal In The U.S., This 1 CBD Company Is A Safe Bet
When the farm bill was passed last year, it opened many doors in the U.S. for companies to be able to sell cannabidiol (CBD) products to customers. As long as they were derived from hemp, the products were safe to cross borders. However, there is one important caveat, which is that individual states would have to set up their own hemp programs. In what's almost a reversal of marijuana legalization where it's illegal federally but legal in many states, hemp still has some holdout states that haven't legalized hemp just yet, and that could create some obstacles for the industry.
Idaho, South Dakota, Mississippi, and the District of Columbia, all do not currently permit hemp cultivation. That's a problem because it means that with hemp still being illegal, those transporting hemp across these borders could run into some big problems. Earlier this year, three truck drivers were arrested for marijuana trafficking because they were transporting hemp across Idaho.
In the plea deal that the drivers ended up taking, it outlined the risks that are still involved with transporting hemp: "Despite changes to the Federal Schedule of Controlled Substance brought about by the enactment of the Agriculture Improvement Act of 2018, cannabis plants containing any amount of THC or Delta-9 tetrahydrocannabinol remain illegal in Idaho."
Source Fool.com
