The Top Companies Seeing Green Thanks to the U.S. Farm Bill

Hemp has a strong future thanks to the U.S. Farm Bill. Farmers across the U.S. have been rushing for a piece of the hemp market ever since President Trump signed the Farm Bill into law last year. That legislation removed hemp from the government's controlled-drug category, triggering a surge in demand. "There's a lot of excitement in the farming community because hemp is seen as a high-return crop. There are many farmers around the country who are struggling to make ends meet and they're looking for an alternative like hemp to boost revenue," said Eric Steenstra, president of VoteHemp, as quoted by The KXLY Broadcast Group. Total sales for hemp-based products in the US were nearly $1.1 billion in 2018. By 2022, sales are expected to more than double. As momentum begins to build, some of the top beneficiaries include MYM Nutraceuticals Inc. (CSE:MYM)(OTC:MYMMF), Charlotte’s Web Holdings Inc. (CN:CWEB)(OTC:CWBHF), and OrganiGram Holdings Inc. (TSXV:OGI)(OTC:OGRMF). MYM Nutraceuticals (MYM)(MYMMF) just announced that it acquired 50% of BioHemp Naturals, a licensed hemp cultivator ... Click here to view full article