RE:Rumours! If it all comes to pass, most likely in the Farm Bill. 5 years is up September 30, 2023. There are rumours the Farm Bill will be delayed into 2024. Probably to coincide with the election, garner votes.
If the stars line up, you could see a lot of changes in USA cannabis, medicinal, hemp, cbd etc...
They are pushing for a threshold of 1.0 % from .03% in hemp, delta 8/9. Hemp falls under agriculture of the FDA. If that goes through, will boost Canada to also change the Regs. to 1.0%
USA and Canada have a very high demand for low dose cbd for all kinds of ailments.
Today we are announcing that after careful review, the FDA has concluded that a new regulatory pathway for CBD is needed that balances individuals’ desire for access to CBD products with the regulatory oversight needed to manage risks. The agency is prepared to work with Congress on this matter.
https://www.fda.gov/news-events/press-announcements/fda-concludes-existing-regulatory-frameworks-foods-and-supplements-are-not-appropriate-cannabidiol