Regarding the news that the 2018 Farm Bill is now with President Trump for approval, there will be monumental growth ahead for the American hemp industry and production of hemp products including extracts rich in cannabidiol (CBD).

Here is how some of the titans of America’s hemp and cannabis industries are responding to today’s passage of the Farm Bill in the House that you can utilize in any stories you develop on the subject:

“This definitive new federal law is going to revolutionize the market for hemp-derived products in America, while opening promising channels to make U.S. hemp companies players on the global stage. We welcome the move from the gray market into the light. Now that there is clear-cut guidance for legal sales of hemp-derived cannabidiol (CBD) products and allowing interstate commerce, American companies can move forward in confidence with domestically sourced hemp and development of cannabinoid products to help consumers seeking to enhance their natural wellness. For a hemp cannabinoid formulation company such as Boulder Botanical & Bioscience Laboratory, we’re setting the standard by strictly adhering to good manufacturing practices and transparent operations—and this recent news will only embolden our mission of delivering carefully formulated hemp products to retailers throughout the U.S.”

—Maruchy Lachance, Co-Founder and COO of Boulder Botanical & Bioscience Laboratory, a Colorado-based R&D and manufacturing firm that makes hemp-derived products including contract private-label cannabinoid extract formulations, pet products and health-and-wellness products 

“We’re so pleased farmers across America now have the freedom to consider integrating this important crop into their production, particularly with the trade concerns around other crops such as soybeans, corn and wheat. We look forward to working hand-in-hand with current and new hemp farmers as we develop more products for Willie’s Remedy, Willie Nelson's new line of CBD-infused products.”

— Elizabeth Hogan, VP of Brands at GCH Inc., the company behind Willie Nelson’s cannabis brands

“With a federally legal industrial hemp industry in each of our 50 states, the passage of the Farm Bill represents a monumental step toward the federal legalization of another genus of cannabis—marijuana. This news is substantial for all of America’s hemp and CBD companies, and as a veteran of the more complicated THC-marijuana industry, I’m encouraged about what this could mean for the federal future of marijuana and cannabis products in the U.S.A.”

—Dan Anglin, CannAmerica CEO, nine-year veteran of the legal marijuana industry and former U.S. Marine

 The above is contributed by My Grasslands

Nancy Whiteman, Founder & CEO, Wana Brands: “The cannabis industry is closely watching the outcome of the Farm Bill. And while we are seeing a lot of startups try to move in, nobody is better suited to operate in this market than experienced licensed cannabis manufacturers. Marijuana infused producers have been perfecting precise dosing, testing and supply chains for the past decade, and these companies will lead the way in the next generation of CBD products. CBD-only products are perfect for those seeking the therapeutic benefits of CBD without the intoxicating effects of THC.”  

 Wana Brands has already launched a CBD-only product--Mango CBD Sour Gummies--in Oregon and is poised to come online with a full CBD product line in Q1 2019.

Lisa Richards, co-CEO, L’eela CBD Body Care: “What is known about CBD is only the tip of the iceberg. The whole plant extracts derived from Hemp that contain CBD, is an oil that not only provides excellent hydration and anti-inflammatory properties, it contains significant amounts of antioxidants. Consumers are just starting to understand the benefits of CBD, and when the floodgates open, they are going to need to be educated and be their own advocates. Hemp may be federally legal with the passage of the Farm Bill. However, more importantly, where is it sourced? How is it processed? The passage of the Farm Bill is only the first chapter.”

Richards is co-founder of L’eela CBD Body Care, a line of artisan supplements and luxury body care products that feature the wellness benefits of hemp-derived cannabidiol (CBD). All L’eela products are non-psychoactive, formulated with pure and organically produced ingredients, and made with hemp that is grown and processed in the USA. L'eela puts sustainability at the forefront of its ingredient sourcing and manufacturing. For more information, visit leelabodycare.com. Continue the conversation on Instagram and Facebook.

This portion contributed by Maverick Public Relations

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