“Would-be hemp farmers are having mixed success navigating red tape on everything from seed acquisition to processing the finished plant. It will take years, farmers and regulators agree, before there’s a viable market for hemp. Hemp is prized for oils, seeds and fiber, but its production was prohibited for five decades because the plant can be manipulated to enhance a psychoactive chemical, THC, making the drug marijuana. The Farm Bill enacted this year ended decades of required federal permission to raise hemp, but only with state permission and checks to make sure the hemp doesn’t contain too much THC. Fifteen states have removed barriers to hemp production.”
http://www.dailynews.com/business/20140607/uncertainty-dominates-new-hemp-market