DENVER, Colo. (March 29, 2018) – Yesterday, the Colorado Senate unanimously passed a bill that would further mainstream the state’s industrial hemp industry. Final passage of this bill would likely pave the way for faster development of the state’s hemp market, and further nullify federal prohibition in practice and effect.
A bipartisan coalition of two senators and two representatives introduced Senate Bill 205 (SB205) on March 12. The legislation would include the unprocessed seeds of industrial hemp in the definition of “commodity” within the “Commodity Handler Act” and include industrial hemp itself in the definition of “farm products” within the “Farm Products Act.” In effect, this would subject any person acting as a commodity handler of hemp seed or a farm products dealer of hemp to the licensing requirements already in place for commodities and farm product dealers.
Currently, commodities include hard seeds or fruits such as wheat, corn, oats, barley, rye, sunflower seeds, soybeans, beans, grain sorghum and other seeds. Farm products include any “unprocessed product of the soil,” livestock, milk, honey, and hay. By adding hemp to these definitions, state law will treat industrial hemp more like other agricultural products, mainstreaming the industrial hemp industry. …
Read more at The Tenth Amendment Center
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