NetworkNewsBreaks – Golden Developing Solutions,
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Posted On: 12/28/2018 6:27:18 PM
NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Set to Benefit from Congress Passing the 2018 Farm Bill
Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, is set to benefit from Congress recently passing the 2018 Farm Bill, loosening restrictions on the cultivation and sale of hemp. An article discussing the company reads, “With the passage of the 2018 Farm Bill, the hemp industry is poised to escape from the doldrums. Hemp is derived from the cannabis sativa plant, differing mainly because it has a much lesser level of THC than marijuana. However, having a common origin with marijuana has meant that it has suffered the same opprobrium and prohibitions. The Marihuana Tax Act of 1937, for example, required every person who sold, dealt in, dispensed or gave away marihuana to register with the Internal Revenue Service and pay a special occupational tax; it made no exception for hemp. The Controlled Substances Act of 1970 retained and intensified the restrictive regime around hemp. By making only negligible distinction from marijuana, it criminalized hemp, labeling it as a Schedule I controlled substance, the most restricted category of drugs. … The Farm Bill reverses that provision, removing industrial hemp from the CSA’s definition of marijuana and, consequently, from Schedule I.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, is set to benefit from Congress recently passing the 2018 Farm Bill, loosening restrictions on the cultivation and sale of hemp. An article discussing the company reads, “With the passage of the 2018 Farm Bill, the hemp industry is poised to escape from the doldrums. Hemp is derived from the cannabis sativa plant, differing mainly because it has a much lesser level of THC than marijuana. However, having a common origin with marijuana has meant that it has suffered the same opprobrium and prohibitions. The Marihuana Tax Act of 1937, for example, required every person who sold, dealt in, dispensed or gave away marihuana to register with the Internal Revenue Service and pay a special occupational tax; it made no exception for hemp. The Controlled Substances Act of 1970 retained and intensified the restrictive regime around hemp. By making only negligible distinction from marijuana, it criminalized hemp, labeling it as a Schedule I controlled substance, the most restricted category of drugs. … The Farm Bill reverses that provision, removing industrial hemp from the CSA’s definition of marijuana and, consequently, from Schedule I.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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