[From press release issued by office of Sen. Rand Paul]
Washington, D.C. – Sen. Rand Paul and Senate Republican Leader Mitch McConnell, both of Kentucky, joined Oregon Democratic Sens. Jeff Merkley and Ron Wyden in introducing legislation to allow American farmers to cultivate and profit from industrial hemp.
The Industrial Hemp Farming Act of 2013 would remove federal restrictions on the domestic cultivation of industrial hemp. Specifically, the bill would remove hemp from the Schedule I controlled substance list under the Controlled Substances Act of 1970, and would define it as a non-drug so long as it contained less than 0.3 percent tetrahydrocannabinol (THC).
Prior to World War II, Kentucky provided 94 percent of the nation’s industrial hemp. Today the U.S. is the world’s largest consumer of hemp, but it remains the only major industrialized country that bans farming the product. U.S. imports have consistently grown over the past decade – increasing by 300 percent over that period.