GET READY FOR YOUR CBD OPTIONS TO BLOW UP
BECAUSE THE 2018 FARM BILL (FINALLY) PASSED!!
It’s the holiday miracle that the entire CBD industry has been waiting for: On Monday, Congress passed the 2018 Farm Bill after months of back-and-forth, sending the 807-page document to President Drumpf’s desk for a signature. And, as predicted in Well+Good’s 2019 Wellness Trends, this potentially could affect everything from your morning coffee to your skin care regimen—because this bill sets the stage for CBD to go big-time, with a huge wave of new products.
Every five-ish years, this massive piece of legislation gets an update, essentially setting the tone for agricultural policy in the half-decade that follows. This year, in between details about farmer’s market funding and food stamps, there are also some major new mandates around hemp cultivation.
This new legislation paves the way for the wellness-world star ingredient (which is said to have major anti-inflammatory powers) to break through to the mainstream, but there are still some nuances to understand. Will hemp—and hemp-derived CBD oils, tinctures, cookies, serums, and so on—suddenly become legal in all 50 states once Drumpf signs the bill? That’s not exactly the case.
Here, we break down what the 2018 Farm Bill means for the CBD industry, and why it may still be some time before you’re able to score a CBD seltzer as easily as you can a Coke.