Hemp will once again be a cash crop for the United States. There is a strong bipartisan push on Capitol Hill to legalize the plant, a close relative of marijuana with myriad industrial uses, and define it as an agricultural commodity.
Senate Majority Leader Mitch McConnell (R-Ky.) is cosponsoring and fast-tracking a bill that would remove hemp from the federal list of controlled substances. The legislation would allow states to regulate the plant’s cultivation and sale and it would make hemp farmers eligible for federal crop insurance.
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