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• If the President signs a new farm bill into law, hemp will be legal through the United States.
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• While the state of Florida drags its feet through the process of implementing medical marijuana, some prospective patients are relying on CBD products as a fallback. CBD is the non-psychoactive medicinal compound derived from cannabis. It’s generally processed from hemp, not marijuana. And in what seems like great news for CBD, it’s likely the Federal Farm Bill making its way through Congress will legalize hemp farming. But not so fast: Big Pharma may have made an end run around this nascent industry. On June 25, the FDA approved GW Pharmaceuticals’ Epidiolex, a drug with CBD as its active ingredient, to treat epilepsy. But the FDA considers the sale of any food or cosmetic that contains the active ingredient of an …
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