Without any meaningful action on the part of the FDA to regulate cannabinoids, states have filled the vacuum with their own policies.  There is no consistency from state to state for the few that explicitly allow CBD in various products, but more states have enacted statues to set some “guard rails” – as advisor to Governor Andrew Cuomo (D-NY), Axel Bernabe notes – for the developing industry, which sits at the intersection of agriculture, health and wellness, food, and manufacturing.  Long-term, policy structure that protects and fosters growth as part of its aim will buoy hemp markets and help stabilize hemp prices.   

Bernabe has been intimately involved in pan-cannabis issues and has enthusiastically driven the process in New York to address the explosive hemp sector from a policy position.  Hemp is all of the other cannabinoids…