Of course hemp is not marijuana, but that has not stopped the DEA from making every effort to make them synonymous. The DEA has gone so far as to create rules that are not based on US laws, and in fact are counter to US federal laws in an effort to restrict hemp. This is gotten them a slap on the wrist at least once by federal court.
Hemp is a fantastic plant with many unique and important uses. One has to wonder why the US has, since the 1930s I believe, been so against it. One might suspect the pharmaceutical industry has a vested interest in seeing hemp (and its naughty cousin, marijuana) banned since there are health products with documented human benefits that compare more favorably to some drugs made by companies.
One might also suspect the private prison industry whose growth has swelled under drug policies instituted in the 1980 which dramatically increased the populations of people locked up for minor drug offenses.
In short, this is nice to hear about, but it is more likely to be a show piece for McConnell to please his Kentucky constituents with.