NY Hemp Farmers Come Together as New Hemp Laws Take Effect

For many, the 2018 Farm Bill was a game-changer. The legislation legalized the cultivation and sale of industrial hemp and its extracts, finally allowing farmers access to an immensely profitable cash crop. Cannabidiol (CBD) has made hemp even more valuable. After just a year of legal sales, CBD is worth millions in sales, with experts saying it will hit $20 billion by 2024.

Last December, New York Governor Andrew Cuomo signed a much-awaited bill into law, finally giving the New York hemp/CBD industry a regulatory framework for hemp extract production, processing, and commerce. The bill further updates the hemp permitting process and regulates…

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