
Currently, the US hemp market has $800 million in revenue, and it’s anticipated to reach more than $20 billion by 2022. Have you heard about Marijuana bill numbered “420” that’s recently been introduced in the House? This article will tell you about the bill and help you find the best CBD merchant account to grow your business.
New Farm Bill: Get Your CBD Merchant Account
The recent survey in the field shows that 93{9c379e7646c353aa74c1a38355158c48d2d00e596752b0209bf8123e25538f52} of participants (Americans) are for medical marijuana prescriptions from a physician. 13{9c379e7646c353aa74c1a38355158c48d2d00e596752b0209bf8123e25538f52} of them aren’t going to support a candidate who’s different views on pot from what they have.
In October 2018, Canada became the world’s 1st industrialized country and the 2nd after Uruguay to legalize pot for adult use. In the US, Missouri and Utah supported medical marijuana. Besides, recreational cannabis became legal in Vermont and Michigan.
On the other hand, the US Food and Drug Administration (FDA) gave its approval for the very 1st cannabis-derived drug, and President Trump sign the Farm Bill into law in December 2018. Based on the Farm Bill, hemp and hemp-based cannabidiol oil are regarded as legal.
In December 2018, Congress gave its approval for …