fbpx

From the High Chief: Why Hemp Was Really Reclassified

Most people in the know would agree that hemp has worn a black eye because of hemp for far too long. It was declassified last summer and then just before Obama left office, it was allowed to be reclassified as a schedule one drug, baffling the country. We all are starting to see it’s amazing effects on those that have run out of modern treatment options. But it’s ability to save lives seems to make no difference when so many industries that our economy depends on are threatened like never before.

Industries such as energy, construction materials, cordage, paper, plastic and big pharma are collectively shaking in their boots over a potential collapse of their livelihoods. The second that hemp is rescheduled to a class three, every single industry mentioned will potentially be at risk to collapse. The results would definitely be catastrophic at first for a majority of North American industries. Many companies would never be able to compete with hemp based ones as competition The stock market would go wild with action and companies that seemed like a sure thing would look far more shaky than ever before. Entire sectors could be decimated overnight and that alone was enough to warrant a reclassification back to schedule one status.

Hopefully President Trump, will continue to listen to the people and stick to his beliefs as a Constitutionalist. If that’s the case then the hemp industry will get its chance to compete on a level playing field and provide products and solutions to the country, just like every other industry does. So stay positive, the country is headed back to its roots and honoring the Constitutions original meaning; which was drafted on hemp paper.


Related Articles

Cannabis Community holds Annual Golf Tournament for Loved Ones

Cannabis Community holds Annual Golf Tournament for Loved Ones

The hemp industry began as a grassroots movement (pun intended) a community of people[...]

Read More »
Hemp Biomass Buyers

Hemp Biomass Buyers

Hemp biomass buyers are about to start choosing the material they wish to process[...]

Read More »
Top 3 Sources for Smokable Hemp Flower in 2019

Top 3 Sources for Smokable Hemp Flower in 2019

Smokable hemp flower is about to sweep the nation shortly after the 2019 harvest. A[...]

Read More »

Join Our Network Today!

Join 0420 Inc.’s newsletter to receive notices and discounts on our events, hemp & cannabis industry information and case studies.

Get Started Today!

Interested In:

Please Enter the Code (required)
captcha

Cannabis & Hemp News

Cannabis Community holds Annual Golf Tournament for Loved Ones

More times than not industry professionals turn networking connections into friendships. These business relationships can truly become lifelong. This is one of the most beautiful characteristics of “OG hemp” leaders.

Read More
Hemp Biomass Buyers

Buyers of hemp biomass will be working hard in coming months to choose the best source for their material.

Sellers are scrambling to not only complete their harvest but to find the ideal purchasers for their freshly harvested material.

Read More