HempNewsAudio – Marijuana Company of America Inc. (MCOA) Likely to Benefit as Farm Bill Deadline Approaches
Related Editorial After years of wrangling, the U.S. Congress stands on the verge of legalizing the cultivation of industrial hemp. Hemp is a variety of the cannabis sativa plant that doesn’t generate a psychoactive effect. Traditionally used to produce cloth and rope, hemp can also now be used in wellness products and food. Competing legislations by the House and Senate are being aligned with an anticipated September 30 deadline. The legalization of hemp has cross-party support and appears likely to pass. The expected change in U.S. law will be beneficial for companies such as Marijuana Company of America, Inc. (OTC:…