National Hemp Association Asks Congress To Budget $1 Billion To Support Industry Innovation

National Hemp Association Asks Congress To Budget $1 Billion To Support Industry Innovation

Author: Kyle Jaeger

A national hemp trade organization is asking U.S. House of Representatives leadership to attach $1 billion in funding to budget reconciliation legislation to support industry innovation and research on the crop.

The National Hemp Association (NHA), which says it represents 90 percent of state hemp permit holders across the U.S., recently wrote a letter to top lawmakers with a proposed amendment that is meant to boost the industry as it works to find its footing after the plant was legalized under the 2018 Farm Bill.

The money, if allocated, will allow federal officials “to empower hemp farmers, processors, and related businesses to compete globally, sequester unprecedented amounts of carbon, remediate contaminated soil and water, provide funding and jobs to traditionally disadvantaged members of the farming community, and much more,” the organization wrote to lawmakers.

View the full article at marijuanamoment.net