The 2023 Farm Bill Fallout
The much-anticipated changes didn’t materialize.
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Navigating Uncertainty: What’s Next?
Insights into the implications of the postponed bill.
For the past year, there has been a lot of talk about the 2023 farm bill and how it was supposed to change everything for the hemp industry. Would it get rid of synthetics? Would it ban Delta-8? Would it finally make the FDA enforce hemp in food? Well, none of that happened. The bill has essentially been postponed until September 2024.
Political Stalemate and its Impact
Democrats’ stance and its effect on federal cannabis legalization.
What does this mean? It means that everything from 2018, which has been the status quo for the hemp industry until now, will continue at least until September 2024.
The Farm Bill’s Significance
Understanding the broader implications beyond hemp.
The Farm Bill is a massive piece of legislation that affects many things, and hemp is just a small part of it. Congress has been unable to agree on much lately, so the idea of them agreeing on such a large bill seems unlikely. However, this bill is essential for the functioning of the country, impacting everything from the price of milk to school lunches.
Embracing Uncertainty: Lessons Learned
Why putting hope solely in legislative changes can be risky.
So, while we’d like to predict what might happen, the truth is that nobody knows. It’s uncertain if anything will change from the 2018 Farm Bill.
Taking Charge: State Laws and Business Decisions
Empowering yourself to pursue your passion within legal boundaries.
In the hemp industry, any action taken, whether at the state or federal level, will likely upset some people and please others. If anything changes with the 2024 Farm Bill, it will probably follow this trend.
Need Legal Guidance?
Get expert assistance to navigate the complex regulatory landscape. If you’re passionate about your business, pursue it based on state laws and regulations. Figure out what you want to do and where you can do it legally. If you need help navigating the laws, feel free to reach out.