Oklahoma next to allow commercial production of industrial hemp

April 21, 2019 |

In North Carolina, Hemp, Inc., announced that after unanimous approval by the house, Senate Bill 868 has proceeded to the desk of Oklahoma Governor Kevin Stitt, which would allow for the commercial production of industrial hemp. According to the bill legislature, SB 868 “authorizes the state Department of Agriculture to take develop and administer a production program under the 2018 federal farm bill.”

State Sen. Lonnie Paxton, one of the authors of the bill, said [SB 868] accomplishes a critical step Oklahoma needs to take as it moves from its current pilot program authorized a year ago into a new era. Bruce Perlowin, CEO of Hemp, Inc. (OTC: HEMP) commented, “The bill, according to many news sources, was written to mimic the United States Department of Agriculture’s rules with the help of Republican State Senator Lonnie Paxton. The reasoning for Oklahoma mimicking the USDA rules is because they want to ensure the farmers who are interested in growing industrial hemp can hit the ground running and start making money off of this lucrative crop.”

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Category: Fuels

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