"We've put some pretty stringent language on this to make sure this is a controlled process in our state, but at the same time create a new industry we can grow in Georgia," said state Sen. Tyler Harper, a Republican from Ocilla.
Georgia would join 41 other states that already have a hemp program, Harper said.
Hemp could be processed into CBD droplets, capsules and creams that are already widely available in nutrition stores but imported to Georgia from other states.
Cannabidiol — also called CBD — is legal in the United States if it contains less than 0.3 percent THC.
A separate bill would allow cultivation and sales of medical marijuana oil, which contains up to 5 percent THC and can be used by registered patients.