U.S. Hemp Roundtable Statement on President Trump’s Executive Order

Today, President Trump issued a strong, pro-hemp Executive Order with significant implications for the future of the U.S. hemp industry. In response, we have released the following statement.
 
U.S. Hemp Roundtable Statement:

The U.S. hemp industry is deeply grateful to President Trump for issuing his strong pro-hemp Executive Order today. While the headlines of the announcement will focus on marijuana rescheduling – which is a positive in itself, for any cannabis reform benefits the entire plant – we are especially pleased to see the provisions that direct the White House staff and urge Congress to ensure access to hemp-derived, full-spectrum CBD products, a lifeblood of the industry. We are also thrilled to see the development of a model that would allow a number of Medicare beneficiaries to receive CBD under doctor recommendation at no cost.

We consider this Executive Order to be a direct rebuke to the hemp ban that was malignly attached to legislation that reopened government. This also gives strong impetus to efforts to extend the ban’s moratorium an additional 18 months to allow proper time for Congress and the Trump Administration to develop the regulatory framework that ensures the safe provision of hemp products while cracking down on the bad actors peddling the unsafe products that the Executive Order calls out.

We look forward to working with the President, his staff, HHS, and Congress in the coming months to ensure the bipartisan vision of a safe, legal, and regulated hemp extract industry.