Editor's Note
This article reports that the new trade deal doesn't specify just how much more hemp China will be importing under the recent deal with the U.S., but the country must spend at least $12.5 billion more than it did in 2017 on more than 200 agricultural commodities, including cannabis, in calendar year 2020. The following year, it must spend at least $19.5 billion more, under the deal. While cannabis has been cultivated in China for thousands of years, the country has only recently begun expanding  the industry domestically. Part of the delay has to do with strict anti-drug laws, but as the legalization has spread internationally, more businesses are getting into the hemp-CBD market.
After years of being one of the United States’s main sources of hemp imports, China will now be required to buy a lot more of the non-intoxicating cannabis crop from the U.S. under a new trade deal.

Hemp, which was federally legalized under the 2018 Farm Bill, is one of a long list of agricultural products that China agreed to import on a larger scale over the next two years as part of an international trade agreement that was signed on Wednesday.

“The Parties acknowledge that trade and economic structural changes resulting from this Agreement and from other actions being taken by China to open up its economy and improve its trade regime should lead to improved trade flows, including significant increases in exports of goods and services to China by the United States and other countries,” the accord says.

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