"Since former U.S. President Donald J. Trump signed the 2018 Farm Bill that legalized hemp at the federal level, the hemp industry seems to have flourished all over the country.
The United States Department of Agriculture (USDA) estimated that the total value of hemp production is worth $824 million in 2021.
The demand for CBD-based products has driven the industry's production and sales, despite the U.S. Food and Drug Administration (FDA) has not yet allowed CBD in foods, beverages, or dietary supplements.
Furthermore, the 2018 Farm Bill also triggered the production and sales of minor cannabinoids such as delta-8 THC and THC-O-acetate.
These products created a grey market as they are used as an alternative to recreational cannabis, especially by consumers who live in those U.S. states that have yet to churn out adult-use cannabis legislation."
Lawmakers, stakeholders, and witnesses highlighted reforms they aim to include in the 2023 Farm Bill in order to reshape and imp...
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