A year before the Declaration of Independence was signed, pioneers planted the first hemp crop at Clark’s Run Creek in Danville. Fast forward to 2018, which looked to be one of the most momentous years in the history of this storied crop. That’s because President Trump signed the 2018 Farm Bill, and in doing so legalized hemp for the first time in 60 years.
It was a big victory for the commonwealth and for the man who delivered it, Senate Majority Leader McConnell. He had reopened the market for a crop that was cultivated by the great Kentucky statesman, Henry Clay.
Fellow Sens. Pat Roberts (R-KS) and Debbie Stabenow (D-MI) also hailed the bill for giving “certainty and predictability to rural America.”
Twenty months on, no one would describe the hemp industry as “certain” or “predictable.” The price of hemp has plummeted 70-85% since May as long-anticipated food supplement regulation has failed to…