3 Hemp Titans Join Forces and Create Supply Chain
Hemp had been outlawed for decades until Congress passed the 2018 Farm Bill. The legislation made an important distinction between hemp and marijuana, defining hemp as cannabis with less than 0.3% THC, the main psychoactive chemical in marijuana. States and tribes interested in growing hemp were required to create and submit their hemp programs to the U.S. Department of Agriculture (USDA) for approval. Within a year, the market for hemp was booming, mainly driven by the demand for hemp-derived cannabidiol. However, it's become quite clear that the hemp supply chain is riddled with issues. According to George Weiblen, a professor…