Mississippi Hemp Cultivation Act; bring forward code sections related thereto.

SB 2540 reorganizes existing Mississippi hemp regulations by consolidating related code sections into a single, cohesive "Mississippi Hemp Cultivation Act." It defines key terms (like hemp as cannabis with ≤0.3% THC), requires growers to obtain licenses and processors to register with the Department of Agriculture, and mandates background checks for all operators. The bill establishes rules for transporting hemp (requiring license numbers and detailed manifests), creates a special fund for administration, and ensures state regulations align with federal USDA guidelines. This reorganization affects hemp farmers, processors, and distributors by clarifying the regulatory framework without changing core requirements like the THC limit. The bill died in committee and did not become law.