How to Find Government Assistance for Your Hemp Business
By Shawn Hauser
Apr 28, 2020
The following is an excerpt of an article originally published by Hemp Industry Daily.
It’s been a tough start for the new U.S. hemp industry. After overcoming decades of prohibition and finally achieving full legal status in 2018, the industry faces real challenges and a hard road ahead.
In addition to pervasive discrimination from law enforcement and those who still confuse hemp with marijuana, the industry struggles with:
FDA delays in establishing regulation of CBD food and dietary supplement products.
Unbelievably restrictive federal cultivation regulations with a heavy DEA presence.
An oversupplied and sinking CBD market.
Now the industry faces the added, colossal challenge of the COVID-19 crisis, which is having a particularly hard hit on farmers and startups.
The good news is, the fact that hemp is federally legal means that there is available financial relief and support for the industry.
Read the full article here.