The nation's first federal hemp regulations will clear the way for a multibillion-dollar hemp market

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The nation's first federal hemp regulations will clear the way for a multibillion-dollar hemp market
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With long-awaited federal regulations, farmers can begin growing hemp without fear of retribution from banks, insurance companies and local authorities.

last year. Many farmers set up shop only to get railroaded by differing policies across states or a lack of regulations altogether.

The new rules also clarify where the crops can be grown and how farmers can report required information, like their name, address and business participants, to the USDA. They also encourage states and tribes to contact the USDA for"technical assistance" in developing their own approval criteria.for expedited hemp rules for farmers potentially left out of a"promising market."

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