On December 20, 2018 the President signed the Agriculture Improvement Act of 2018 (“Farm Bill”). This law is groundbreaking because it removes hemp (containing less than 0.3% THC) from the purview of the Controlled Substances Act. The FDA will now have an expanded role in regulating these products and hemp – including CBD – will be subject to the same regulations and requirements as other non-cannabis FDA-regulated products.
As the industry navigates and creates this “new normal” regulatory environment, it is more important than ever to have experienced legal advisors on your team. Greenspoon Marder attorneys and affiliates in our D.C. office are speaking weekly, if not daily, with the offices at the federal agencies (and Members of Congress and Committee staff) seeking clarification of the issues and timeline for implementing the hemp provisions of the 2018 Farm Bill. We share our knowledge freely with clients and industry participants through blogs and media outlets.