It is my understand that hemp grows like a weed in the US.

"Hemp, or industrial hemp (from Old English hænep),[1] typically found in the northern hemisphere, is a variety of the Cannabis sativa plant species that is grown specifically for the industrial uses of its derived products.[2] It is one of the fastest growing plants[3] and was one of the first plants to be spun into usable fiber 10,000 years ago.[4] It can be refined into a variety of commercial items including paper, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food, and animal feed.[5]

Although cannabis as a drug and industrial hemp both derive from the species Cannabis sativa and contain the psychoactive component tetrahydrocannabinol (THC), they are distinct strains with unique phytochemical compositions and uses.[6] Hemp has lower concentrations of THC and higher concentrations of cannabidiol (CBD), which decreases or eliminates its psychoactive effects.[6] The legality of industrial hemp varies widely between countries. Some governments regulate the concentration of THC and permit only hemp that is bred with an especially low THC content.[7][8] "
https://en.wikipedia.org/wiki/Hemp


Industrial Hemp Legalized With 2018 Farm Bill
By Jeremy Sandberg, The Epoch Times
December 25, 2018 Updated: December 25, 2018

National regulated production and marketing of industrial hemp became legal on Dec. 20, when President Donald Trump signed the Agriculture Improvement Act of 2018, removing hemp from the list of controlled substances.

The House of Representatives voted 369-47 for the legislation on Dec. 12, after the Senate approved it 87-13 on Dec. 11. President Trump called the bill a bipartisan success.

“Now to the farm bill,” said Trump. “We are proudly joined today by so many members of Congress, Republicans, Democrats, who worked very, very hard on this bill. This was really an effort of everybody. It was a bipartisan success.”
Hemp fibres in granules
A man shows hemp fibers in granules, this exclusive product called “NAFILean” is heated to pass into an injection press machine, as a 100% synthetic material at the Interval company facilities in Arc-Les-Gray, France on July 12, 2016. (Romain Lafabregue/AFP/Getty Images)

The 2018 Farm Bill allows farmers to cultivate hemp crops with less than 0.3 percent concentrations of the psychoactive compound delta-9-tetrahydrocannabinol (THC). The bill also allows farmers to get crop insurance, apply for loans and grants, and furthers research and development protection for industrial hemp.

“So good for the country, and I want to thank all of the people here including the many Democrats who have really worked hard on this bill,” said Trump.
Hemp vs. Marijuana

While hemp and marijuana are both a type of cannabis plant, they are also very different. Marijuana can contain up to 30 percent THC, an intoxicating substance. Conversely, hemp contains less than 0.3 percent THC and contains more Cannabidiol (CBD), a compound with medical benefits.

Some of the other possible uses for industrial hemp include biodegradable plastics, paper, textiles, construction materials, health foods, cosmetics, animal feed, and fuel.
Copies of Hemp magazine are displayed at the Cannabis World Congress Conference
Copies of Hemp magazine are displayed at the Cannabis World Congress Conference in N.Y. on June 16, 2017. (Spencer Platt/Getty Images)

FDA Commissioner Scott Gottlieb made it clear in a press release on Dec. 20, that the Food and Drug Administration is committed to protecting and promoting the public’s health, and will continue to strictly regulate products, foods, and dietary supplements containing cannabis or cannabis-derived compounds.

In the statement, Gottlieb also said the FDA will provide pathways for those who seek to lawfully introduce these products into interstate commerce and continue to take steps to make pathways for the lawful marketing of these products more efficient.
Farm Bill Blessings

The 2018 Agricultural act also provides benefits for struggling dairy farmers, introduces a prohibition on the slaughter of dogs and cats for human consumption, has improved funding for pest and disease prevention, and delivers assets for broadband infrastructure loans and grants to connect rural communities to the global economy.

“Through fires, floods and freezing weather, we will always stand with the American farmers,” said Trump. “The farm bill doubles the amount of farmers that they can borrow to expand and improve their farms … It opens new markets for American agriculture all over the world. In addition to signing this critical legislation today, I am directing my administration to take immediate action on welfare reform.”

Trump used the opportunity at the press conference to address his views on the necessity for tighter work requirements for food stamp recipients and revision of the Supplemental Nutrition Assistance Program (SNAP.)

“Today’s action will help Americans transition from welfare to gainful employment, strengthening families and uplifting communities and that was a difficult thing to get done but the farmers wanted it done,” said Trump.

“We are ensuring that American agriculture will always feed our families, nourish our communities, power our commerce, and inspire our nation.”

https://www.theepochtimes.com/industrial...ll_2748321.html