In addition, the Committee requested that the FDA consider moving forward with research regarding CBD and encourages the agency to partner with academic institutions to expand sampling studies of CBD products on the market.
The U.S. Hemp Roundtable (USHR), a coalition of companies and organizations that advocate for hemp-friendly regulations, noted the Senate report also addresses several other hemp-related topics, including the allowable level of THC in hemp. The committee directed the USDA to determine a scientific basis for the current 0.3% THC limit.
The report encourages the USDA’s Agricultural Research Services to develop hemp germplasm, and production systems through research partnerships.
Finally, the report highlights the importance of increasing ways for hemp and CBD-related businesses to raise capital and requests the Financial Conduct Authority “to work with the institutions under its jurisdiction to provide access to guaranteed loans for hemp producers and businesses.”
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