Why the U.S. Cannabis Industry May Witness a $20 Billion Boom

The House of Representatives approved the $867 billion farm bill in a 369-47 landslide Wednesday, after the Senate approved it 87-13 on Tuesday, sending it to President Trump’s desk for signature. Much of the bill is business as usual for the Agriculture Department, but the most notable change is its legalization of hemp, paving the way for the cannabis industry to explode.

The farm bill would make industrial hemp a lawful agricultural commodity, CNBC reports. The hemp legislation...

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