For today's weed news we go to the great state of Kansas.
So you may have heard that Donald Trump recently legalized hemp when he signed the latest Farm Bill and to law. But even though hemp is now officially a federally legalized crop, the Department of Agriculture in Kansas is not really letting a lot of farmers grow it.
According to the Department, the only people who may be allowed to grow hemp in the state of Kansas are those selected by the state to participate in their so-called hemp research program.
That does not sit right with a lot of farmers. There is potential to make a lot of money off this newly legalized crop, and a lot of people want in.
Fortunately, in just a few days, on Wednesday the 16th of January, there's going to be a public hearing about Kansas' industrial hemp regulations. At the hearing, perspective growers and farmers will be able to speak with lawmakers directly and voice their concerns about the difficulties of getting approved to grow the newly legalized crop.
According to 420intel.com, a person in Kansas has to pay a fee of $1,000 for each acre that he wants to grow hemp on in order to receive the required license. But that's not all. Not only does the farmer need a license, but everybody else that's involved in distributing, processing or anything else involved in the production chain will also need to apply for a license.
Thankfully, both farmers as well as the majority of lawmakers do agree that the current laws are just a starting point and that both parties can look forward to adjustments and changes in the way that hemp licensing is handled in the state in the near future.
"The first two years as a pilot program, there's still a lot of unknown and we're expecting to learn a lot by doing it," said Rick Gash, a perspective hemp farmer from Kansas.
"The seed is not cheap. If you're growing for CBD, you could be paying $8,000 a pound, and it takes three pounds at minimum per acre, so $24,000 an acre," Mr. Gash continued
The expected return on the crop is about $40,000 per acre of hemp grown after harvest. So that doesn't really leave that much meat on the bone after all the fees are paid.
Fortunatley, licensing fees are one of the main topics planned for Wednesday's discussion.
Although I do agree that this is just a jumping off point and that the rules and regulations are sure to evolve as time goes on, I do believe that the fees are outrageous and that hemp should be treated more like spinach and less like marijuana. Hopefully it won't take Kansas lawmakers too long to come to that conclusion themselves.
Let's keep our eye on this one and see what materializes after this week's meeting.
And that's what's up in Kansas!
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