Are you curious about what the marijuana industry can offer you? Are there things that you wish to know about the rules that cover the use of industrial hemp? Do you wish to learn further about the things that you can and cannot do once you choose to engage in the business of industrial hemp? There are certain rules and regulations which come with this matter that you have to know before you get involved in the industry. And if you choose to continue your operations without knowing about the rules, you can end up in jail if you violate any of the provisions of the law. Now, for you to avoid that, here is an overview of the rules when dealing with industrial hemp.
Well, for the basic provisions of the rules on industrial hemp, what you can learn about are the things that you have to know when it comes to handling and possession of such. It also talks about industrial hemp being considered to be a commodity and a safe crop. Also, the industrial hemp rules adhere to the federal laws and the laws of the state regarding the legalization of such kind of product. This also offers a comprehensive description of the requirements for handlers which will be gathered for record-keeping. For the penalties of the people who will be caught violating the industrial hemp rules, the amount of fine that will be required from them depends on the rules of the state.
Possession and Production
The industrial hemp rules, just like what was mentioned earlier, talks about the possession of industrial hemp. Other than that, it also talks about the production of such and the limitations of producers. It also talks about the size of the land that a grower will need to be able to get a license to start producing industrial hemp. There certainly are things that you have to consider before you begin building your hemp farm.
Licensing and Fees
Now, when it comes to licensing, there are also various requirements that you have to comply with if you want to get the permission from the state to start growing hemp. As what was said earlier, you have to get the right size of the land for them to give you the permit that you are asking for. There are also annual and monthly fees that growers have to pay, if they want to keep their license as hemp growers. The laws set by the Drug Enforcement Agency are also considered whenever states make new sets of rules and regulations that hemp growers have to comply with if they do not want to get involved in violations and pay high amounts of fine.
Now that you have basic knowledge when it comes to the rules of producing industrial hemp, you now have an idea on the things that you should do if you wish to take profit from this kind of business. Just keep the rules in mind at all times and expect smooth-sailing operations.