US Senate unanimously approves hemp measure
The U.S. Senate passed last Tuesday a measure unanimously recognizing «the growing economic potential of industrial hemp» and its «historical relevance.».
The resolution passed during the Hemp History Week, a week dedicated to the reform of hemp laws, also states that «the United States is the world's largest consumer of hemp products, but the United States is the only industrialized country that restricts hemp cultivation.».
«Despite legitimate uses for hemp, current law prohibits many American agricultural producers from growing it,» the measure reads. «Because hemp cannot be legally grown in the United States, hemp raw materials and hemp products are imported to be sold in the U.S.,» valued at an estimated $76 million annually.
It's the third consecutive year the Senate is passing a non-binding resolution recognizing the value of hemp without Congress legalizing its cultivation. Hopes are higher this year however, with many bills aiming to do just that having been introduced.
The annual U.S. hemp sales market is estimated at over $688 million.
The «cannabis» fine raised to 500 euros under the RIPOST Act
Sacha Baron Cohen Brings Ali G Back to Life During a Surprise Appearance at Wimbledon
Botswana Paves the Way for Commercial Hemp Cultivation
The First Authorized Medical Cannabis Cultivation in the Canary Islands
Germany Ends Public Health Insurance Coverage for Medical Cannabis Flowers
Cannabis Legalization in Pennsylvania Once Again on Hold
Democratic senators are reviving a bill to legalize cannabis at the federal level in the United States
A THC:CBD oil shows promising results in reducing agitation in people with dementia
San Francisco Allows «Cannabis Cafés»
Kenya Denies Rastafarians the Right to Use Cannabis
-
Cannabis in Europe4 weeks agoBosnia and Herzegovina Continues to Roll Out Medical Cannabis Following Its Legalization
-
Cannabis in France4 weeks ago
France Submits the Long-Awaited Decree on the Reimbursement of Medical Cannabis to the Council of State
-
Cannabis in the U.S.4 weeks ago
The DEA Begins Hearings on the Federal Rescheduling of Cannabis
-
Business3 weeks ago
China Invests $10 Million in Medical Cannabis in Lebanon
-
Cannabis in Thailand4 weeks ago
Thailand Threatens Cannabis Shops with Severe Penalties
-
Cannabis in Australia2 weeks ago
South Australia is working to identify more water-efficient hemp varieties
-
Exchange4 weeks ago
Glass House will be the second U.S. cannabis company to list on the New York Stock Exchange
-
Cannabis in Africa2 weeks ago
Kenya Denies Rastafarians the Right to Use Cannabis
You must be logged in to post a comment Login