Iowa Gov. Kim Reynolds approved legislation May 13 that could give the state’s corn and soybean fields some company.
“I approve this Senate File to allow Iowa to begin the process of entering a new agricultural marketplace for hemp,” Reynolds stated in a release.
But Iowans should be aware that this bill does not legalize the sale or manufacturing of all hemp-derived products, such as cannabidiol (“CBD”).
“The retail sale and manufacturing of hemp-derived products is still governed by federal law. While the Food and Drug Administration (“FDA”) has approved some hemp-derived food ingredients for human and animal consumption, it has not approved CBD.