Future of Hemp Industry: Page 3

13 GOP House Reps Oppose Hemp Product Ban Ahead of Vote to End Shutdown

The House needs 217 votes to reopen the government; at least 13 of 219 GOP members oppose the intoxicating hemp language.

US Hemp Roundtable Strongly Opposes Proposed Senate Language to Recriminalize Hemp

The hemp business advocacy organization estimates the language in a federal government funding bill will ‘wipe out’ 95% of the industry.

Intoxicating Hemp Product Ban Included in Deal to Reopen Government

Intoxicating hemp products would be prohibited under a three-bill spending package the Senate negotiated in a plan to end the government shutdown.

Whitney Economics Identifies Flaws in USDA Methodology in Calculating Hemp Cultivation Sector’s Value to US Agriculture

The data actually shows hemp farmers are benefiting more in terms of percentage of retail revenues than corn or soy farmers.

Federal Court Rules Virginia’s Total THC Hemp Regulations Supersede 2018 Farm Bill

The Fourth Circuit Court of Appeals concluded that federal law does not preempt the state’s regulations, including a milligram cap on hemp products.

California Judge Denies TRO Request That Attempted to Halt State’s Ban on Hemp-Derived THC Products

The Superior Court judge ruled that the U.S. Hemp Roundtable and others did not establish ‘irreparable harm’ in a temporary restraining order request.

Hemp THC Drinks Legal in South Carolina, Solicitor General Concludes

State Solicitor General Robert D. Cook told South Carolina House Speaker G. Murrell Smith Jr. that beverages with delta-9 THC from hemp are legal.

California Governor Issues Proposed Regulations to Halt Intoxicating Hemp Products

Gov. Gavin Newsom’s rules would require that consumable products containing hemp derivatives have no amounts of intoxicating cannabinoids.

Whitney Economics Reduces 2030 Hemp Fiber and Grain Acreage Forecast by 4.5 Million Acres

The industry research firm cites regulatory risks, lack of infrastructure and federal uncertainty as the main drivers for the revised forecast.

Missouri Hemp Trade Association Suing State Over Governor’s Intoxicating Product Ban

The association is seeking an injunction to stop the Department of Health and Senior Services from embargoing products with intoxicating hemp-derived cannabinoids.

Curaleaf Launches Hemp-Derived Product Line, Direct-to-Consumer E-commerce Marketplace

The portfolio will include THC edibles and beverages from Select and Zero Proof brands in addition to third-party products.

National Alcohol Group Urges Congress to Address Hemp’s ‘Public Health Crisis’ in Farm Bill

Wine & Spirts Wholesalers of America sent a letter to U.S. lawmakers recommending they ban synthetically derived hemp compounds.

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