Las Vegas, NV, Nov. 22, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp, Inc. (OTC PINK: HEMP): It’s a new dawn, a new day as the first bill solely related to marijuana is sent to POTUS after being approved by the U.S. House and Senate – an unfathomable feat a decade ago. Passed by unanimous consent, by the Senate, the marijuana-related bill signals times are changing and so are perceptions about marijuana.
Too many lives have been upended because of our failed approach to marijuana. It’s time that we right these wrongs. – President Joe Biden
After years of championing legislation to legalize marijuana for medical purposes, the H.R. 8454 – Medical Marijuana and Cannabidiol (CBD) Research Expansion Act marks a “historic breakthrough in addressing the federal government’s failed and misguided prohibition of cannabis.”
In a statement released by U.S. Congressman Earl Blumenauer (Founder and Co-chair of the Congressional Cannabis Caucus and Sponsor of the Medical Marijuana and Cannabidiol (CBD) Research Act), “The public is tired of waiting for the federal government to catch up. Nearly half of our nation’s population now live in states where adult-use of cannabis is legal. For far too long, Congress has stood in the way of science and progress, creating barriers for researchers attempting to study cannabis and its benefits. At a time when more than 155 million Americans reside where adult-use of cannabis is legal at the state or local level and there are four million registered medical marijuana users with many more likely to self-medicate, it is essential that we are able to fully study the impacts of cannabis use.” (Source)
When the bill officially reaches President Joe Biden’s desk, he will have 10 days (excluding Sundays) to sign or veto it. A White House spokesperson confirmed President Biden intends on signing the legislation. Once it’s signed and enacted, the cannabis industry could see a flurry of marijuana-related bills. MJ Biz Daily reported there are “roughly 50 marijuana-related bills circulating in Congress” with the SAFE Banking Act (a proposed law that will allow state-legal dispensaries to access banking services) expected to have the best chance of passage. Congressman Blumenauer believes the upcoming enactment of the Medical Marijuana and Cannabidiol (CBD) Research Expansion Act could provide the momentum needed to push it through Congress.
Why is the Medical Marijuana and Cannabidiol (CBD) Research Expansion Act significant? After numerous failed attempts from past bills, what propelled this one to the President’s desk for signature? It’s the first legislation to unite opponents and proponents of cannabis legalization. Both sides want extensive research done, albeit for different reasons nonetheless. (Source)
According to an article in Cardinal News, opponents want evidence that marijuana is harmful and proponents want evidence that it’s useful for medical applications. A myriad of questions needs answers. Do we need a surgeon general’s warning? How can marijuana-derived medications treat various health conditions? These are just a couple of questions researchers have not been able to answer because marijuana is a Schedule 1 controlled substance with bureaucratic hurdles and security measures deterring “would-be researchers” from finding the answers.
This won’t be the case much longer. A new dawn, a new day is here for federal cannabis reform. And as Bruce Perlowin (Hemp, Inc.’s Chief Visionary Consultant) said back in 2015, “you can’t hold back the tide”. Once the Medical Marijuana and Cannabidiol (CBD) Research Expansion Act is signed into law by Biden, the door will be open for new, innovative treatments derived from cannabis that will, hopefully, give patients more treatment options, according to Senate Majority Leader Chuck Schumer.
Until then, check out Hemp, Inc.’s product lines containing CBD, CBDA, CBG, CBGA, and CBN (non-psychoactive compounds found in cannabis plants). CBD, in particular, is known for pain relief, relaxation, and anxiety relief. Adding CBG to CBD is known to enhance pain relief and CBN is known for helping sleeplessness. When CBN is combined with CBD and CBG, the benefits include relaxation, and reduced anxiety and pain thereby aiding in a better night’s sleep. Hemp, Inc.’s product lines have received rave reviews due to the high potency and effective, real therapeutic dose. The company uses a pharmaceutical-grade beta-cyclodextrin (a carbohydrate used during the manufacturing process) which is combined with CBD and CBG for rapid absorption and uptake. To order these amazing products, click here.
About Hemp, Inc.With more than 10 years of experience in growing and processing hemp in North America, Hemp, Inc. has an established network of industry professionals in every segment of the industrial hemp industry. Hemp, Inc.’s 85,000 square-foot facility on over 9 acres in Spring Hope, N.C. is one of the largest industrial multipurpose hemp processing facilities in North America. Its mission of providing green solutions that help make the world a better place continues to flourish as the company advances an ever-growing portfolio of revenue and value-generating synergistic businesses. Hemp may be the salvation in retooling America for greener, more sustainable domestic manufacturing.
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