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September 5, 2022
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September 23, 2022The Great Hemp Loophole
Michael Olson’s Food Chain Radio Show #1326
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GUEST: Joanna Cedar Hemp Policy Analyst Terpine Belt Farms
I recently attended a U.S. Farm Bill listening session conducted by California Secretary of Agriculture Karen Ross and members of CDFA’s Board of Directors.
Michael Olson Food Chain Radio – The Great Hemp Loophole – This loophole forces those who farm cannabis flowers to compete under all the rules and regulations of governments, against those who can produce vastly more potent intoxicants from hemp fiber, with much lower prices and almost no rules and regulations from governments.
I took the opportunity to listen because I thought it would be a good place to hear some what’s eating what? And it was!
The speakers were those who had something to say about the nation’s next Farm Bill and all the money that will come gushing forth from its implementation. Those who were doing the listening were taking notes, which would be passed up up the food chain to those in Congress and the USDA for consideration.
The topics pouring forth included most of those that fill the daily the news: water, labor, real estate costs, climate change and so on. But when Joanna Cedar stood up to speak about the Great Hemp Loophole, I tuned right in.
When cannabis became (sort of) legal in California, city, county and state governments all jumped on the industry and wrapped it up in rules, regulations and taxes.
As a consequence of all the governmental attention, those engaged in legal cannabis enterprises are now finding it very difficult to survive in legal cannabis businesses.
Case in point: The Great Hemp Loophole.
This loophole was made possible by the Farm Bill that allows for the domestic cultivation and processing of low-THC hemp plants. However, cannabis chemists quickly learned how to convert the low concentrations of the cannabinoid THC, into essential oils with very high concentrations of the intoxicating cannabinoids.
As the highly intoxicating essential oils are derived from “hemp,” not from “cannabis,” they can be sold across state lines in convenience throughout the nation for very low prices.
This loophole, in other words, forces those who farm cannabis flowers to compete under all the rules and regulations of governments, against those who can produce vastly more potent intoxicants from hemp fiber, with much lower prices and almost no rules and regulations from governments.
This Great Hemp Loophole leads one to ask?
Leave a comment below: Can government gain total control of cannabis?
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Michael Olson’s Three Laws of the Food Chain
#1 Agriculture is the foundation upon which we build all our sand castles.
#2 The farther we go from the source of our food, the less control we have over what’s in that food.
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