Minutes ago, the U.S. House of Representatives passed the 2018 Farm Bill by a vote of 369 to 47.
There’s only one more step to permanent legalization – the President’s signature – and he has already indicated support of the measure. As soon as he applies his pen to paper, the law takes immediate effect.
We expect some sort of ceremonial bill signing imminently, and we will keep you informed.
In the meantime, check out our General Counsel Jonathan Miller’s expert summary on what the Farm Bill does and means for the hemp industry.