A Washington, D.C.-based group, the U.S. Hemp Roundtable reports that Bill H.R. 8179, The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2020, is gaining bipartisan support to legalize the sale of hemp-derived CBD products.
Currently 18 members of Congress have signed on to support the bill that was introduced in September.
If passed, it would allow hemp-derived CBD and other hemp-derived ingredients to be legally marketed as an ingredient in dietary supplements, as long as the products comply with current legal requirements for new dietary ingredients, as well as other requirements pertaining to dietary supplements under federal law.
“H.R. 8179 … is more than hemp and supplements, however. It represents an opportunity to provide consumers greater product safety and confidence due to regulations, hemp farmers an economic lifeline, and states struggling from reduced revenues a new source of profitable opportunity,” said the U.S. Hemp Roundtable. “Failing to establish a regulatory pathway for legalizing hemp-derived CBD will continue to reduce economic opportunity for U.S. hemp farmers and deny consumers access to safe, quality products. H.R. 8179 would help stabilize the hemp markets, open up a promising economic opportunity for U.S. agriculture and honor the commitment made to growers in the 2018 Farm Bill,” the organization added.
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