We're Not One of Them. We're One of You.

At the Libertarian Institute, we feature independent intellectuals who strive to understand our world and communicate that understanding to you. We don’t work for Lockheed or K Street or Qatar. We work for you. Support the Libertarian Institute Today!

$5,056 of $60,000 raised

New Bill in Senate Would Legalize Growing Hemp

by | Mar 28, 2018

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

Shop books published by the Libertarian Institute.

libetarian institute longsleeve shirt

Our Books

15 books

Recent Articles

Recent

The Biggest Heist in Human History

Thought experiment: what if it turns out that the happy warriors for the socialist & government supremacist projects claiming aspirations of altruistic and shining ambition for the betterment of humankind were insincere and all of it was actually a gigantic grift...

read more

The Past is Future Tense, Always

The Wayback Machine reminds us of all past tense showing us the future. The base in Balakliya, near Kharkiv, is around 100km (60 miles) from fighting against Russian-backed separatists in the eastern oblasts (2017). 2017: “The Ukrainian SBU – the equivalent of the FBI...

read more

Pin It on Pinterest

Share This