NM Cannabis Company Expands into Hemp Category
Ultra Health, a cannabis company in New Mexico, announced it was awarded continual production licenses to grow hemp at its Bernalillo and Tularosa sites and will dedicate 872,000 square feet of its operation to hemp cultivation.
Following President Trump signing the Farm Bill, hemp has been removed from the Controlled Substances Act. The Farm Bill also legalized interstate commerce of hemp products, giving hemp farmers access to crop insurance and empowering state governments to impose separate requirements on the production and sale of hemp products.
