It’s Summer Fundraising Time!

Thank you to all our generous donors who have already contributed to our cause; your support makes a tremendous impact. If you haven’t yet, please consider making a donation today to help us continue our vital work.

$3,320 of $60,000 raised

New Bill in Senate Would Legalize Growing Hemp

by | Mar 28, 2018

Senator Mitch McConnell (R-KY) announced a surprisingly sensible bill this week that would end the prohibition on hemp farming at the federal level. The bill is co-sponsored by fellow Kentuckian Rand Paul (R) and Oregon’s Ron Wyden (D).

Heretofore, growing hemp has been illegal in the US because it is related to marijuana. The important difference, of course, is that you can’t get high from hemp. Even so, hemp has been classified as a controlled substance. It can be imported from abroad and it’s legal to own hemp, but it can’t really be grown domestically.

Obviously, this policy doesn’t make much sense. What’s odd is that it has a real chance of getting fixed, given that the Senate Majority Leader is backing it.

The reason for the change of heart? Economics.

It turns out Kentucky is one of the states that could have a major agricultural hemp industry if the law permitted it. This creates a potent constituency group that would stand to benefit if the ban was lifted.

As a result, Senator McConnell finds himself on the same side of the issue as the libertarian-ish Senator Paul and the Oregon Democrat who previously sponsored a bill to legalize actual marijuana, not just hemp.

Eric Schuler

Eric Schuler

Eric Schuler is a contributor to The Libertarian Institute, with a focus on economics and US foreign policy. Follow his work here and on Twitter.

View all posts

Our Books

libertarian inst books

Related Articles

Related

Assassin Murders Bystander

Assassin Murders Bystander

  Twenty Year old Thomas Mathew Crooks murdered a bystander and injured others in an attempted assassination of former President Donald Trump. Trump suffered, a bullet injuring his ear. The killer was shot dead by a secret service counter sniper. The crowd...

read more

Kyle Anzalone on Judge Nap: The Hannibal Directive

Check out Kyle’s latest appearance on Judge Napolitano’s show, ‘Judging Freedom,’ where they discuss recent reporting by Haaretz suggesting Israel's military repeatedly invoked the infamous 'Hannibal Directive' during Hamas' October 7 attack. The Hannibal policy calls...

read more

Pin It on Pinterest

Share This