USDA Approves Hemp Plans for Texas
The U.S. Department of Agriculture announced Monday that it has approved hemp regulatory plans for three states and four Indian tribes. These are the latest additions in the hemp plan approvals being rolled out by the USDA.
Texas, Nebraska and Delaware as well as the Colorado River Indian Tribes, the Fort Belknap Indian Community, the Iowa Tribe of Kansas and Nebraska and the Yurok Tribe are all set for industrial hemp production. You can view other states and tribes that have been approved and watch for new approvals here. West Virginia submitted their State’s plan Tuesday, and their farmers are to operate under their current rules and regulations for the duration of the 2020 growing season.
The 2018 Farm Bill legalized the production of industrial hemp. If a state wishes to operate under their own set of rules and regulations, they must submit a proposed plan by the end of October this year. Hemp must be produced with no more than .3 percent THC in order to comply with current U.S. regulations.
Hemp can be used to make industrial and consumer items such as textiles, clothing, paper, bioplastics and CBD products. Hemp-derived CBD products are one of the largest interests of farmers, given that it’s a rapidly growing market. In recent years, America has seen a widespread interest in CBD products for treating chronic pain, anxiety and more.
CBD is a top Google search term with increased traffic rates since 2016, according to studies done by health scientists at several universities. Scientists are working to catch up with the growing public interest and use of CBD. In September of 2019, the U.S. government announced that they will spend 3 million dollars on research exploring the connection between CBD and pain relief.
The CBD oil market is expected to reach USD 3782.32 million by 2024 with a CAGR of over 38.45%. ValidCare CEO Patrick McCarthy predicts that in 2020, we will see an uptick in CBD usage for mental health reasons in addition to increased usage within the Baby Boomer generation. McCarthy also predicts it will be important for distributors to provide easy ways to measure amounts when using CBD products, such as with a tincture and dropper.
Between popular demand, research grants and progress in the legislature, hemp-derived CBD products are taking center stage in 2020. The benefits of CBD have been applauded by many, from people with epilepsy to arthritis or insomnia. Read Lone Star Green CBD reviews for first-hand accounts from people who have used CBD products themselves.