The newly legalized hemp industry promises to double by 2022, spawning a job boom in fields ranging from farming, construction, food and beverage to specialty drugs.
In this July 5, 2018 photo, Senate Majority Leader Mitch McConnell inspects a piece of hemp taken from a bale of hemp at a processing plant in Louisville, Ky. McConnell led the push in Congress to legalize hemp.Advocates have for years fought to liberate hemp from its taboo status, dating back to 1937 when it was lumped in with pot in the. Not only does today's commercially approved industrial hemp contain a scant .
In March, Leafly released a jobs report for the legal marijuana industry, stating that it now employs 211,000 full-time workers, 64,389 of them hired in 2018 alone. The data were compiled prior to the Farm Bill passage, however, too soon to quantify hemp-specific jobs, Barcott explained. Yet many jobs in both industries should be comparable, as should pay scales.
Whereas legal marijuana is expansively regulated — from seed to sale, as they say in the cannabis world — hemp will enjoy less stringent oversight, since its no longer classified as a drug, potentially attracting a much wider variety of established and start-up companies. Canopy Growth, a publicly traded cannabis company in Canada, which legalized recreational pot last year, wasted no time after President Donald Trump signed the Farm Bill just before last Christmas.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A newly restored 'The Shining' debuts in CannesCANNES, France (AP) — Thirty-nine years later, Jack is still not a dull boy. In a new pristine, 4K restoration, Stanley Kubrick's 'The Shining' premiered at the Cannes Film Festival on...
Read more »
A newly restored 'The Shining' debuts in CannesIn a new pristine restoration, Stanley Kubrick's 'The Shining' premiered at the Cannes Film Festival on Friday evening.
Read more »
In newly revealed transcript, McCabe says he decided to remove Strzok from Mueller teamAndrew McCabe said he was the one who booted Peter Strzok from the special counsel's team, not Robert Mueller
Read more »
These baby chimps can’t stop hugging their newest friendLeo, a newly rescued baby chimpanzee, got the warmest welcome into his new sanctuary at the Liberia Chimpanzee Rescue & Protection.
Read more »
Hundreds protest Alabama abortion ban: 'My body, my choice!'Hundreds march to Alabama Capitol in protest of newly approved abortion ban.
Read more »
DOJ leans against approving T-Mobile's takeover of Sprint: BloombergThe U.S. Department of Justice is leaning against approving T-Mobile US Inc&039...
Read more »
DHS warns of data threat from Chinese-made dronesThe U.S. Department of Homeland Security has warned U.S. firms of the risks to c...
Read more »
Trump loses lawsuit challenging subpoena for financial recordsU.S. President Donald Trump loses lawsuit challenging subpoena for financial records by JanNWolfe
Read more »
U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firmThe U.S. government has temporarily eased trade restrictions imposed last week o...
Read more »
Trade uncertainty darkens U.S. small caps outlookShares of smaller publicly listed U.S. companies have fallen more on recent U.S....
Read more »