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Hemp Businesses Warn THC Cap Would Ban Most Products
The bill imposes a 0.4 mg total THC limit, banning intoxicating hemp products like delta-8 and affecting 95% of businesses, according to the U.S. Hemp Roundtable.
- On Monday, the U.S. Senate passed a federal funding bill that includes a provision redefining hemp to exclude intoxicating products, embedding the change in a minibus package.
- To close a loophole created under the 2018 Farm Bill, lawmakers pushing change target hemp with low delta-9 or delta-8 THC by dried weight that has been sold legally.
- A 0.4 milligram cap on total THC would effectively ban nearly all hemp products except fiber and rope, opponents and critics of the cap say.
- Industry groups warn the U.S. Hemp Roundtable values the market at $28 billion and says the new language would eliminate 95% of businesses, while John Boccella says product lines and jobs would vanish, with 600 SKUs cut to 10 and 17 full-time employees lost.
- Amid negotiations to reopen the government, Sen. Rand Paul, Kentucky Republican, introduced an amendment Monday night to remove the hemp language but it failed; Sen. Mitch McConnell defends the change, and President Donald Trump supports rolling back parts of hemp legalization.
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Senate Move to Limit THC Sparks Panic in Hemp Industry
A sweeping rewrite of federal hemp policy, tucked into a government funding bill, is threatening to dismantle a multibillion-dollar industry. The effort has the potential to affect thousands of American farmers and retailers just as the federal government gears up to reopen. In a sharp turn for U.S. agricultural policy, the Agriculture Improvement Act of 2018 (also known as the 2018 farm bill), which legalized commercial cultivation of hemp, may…
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Total News Sources42
Leaning Left2Leaning Right5Center27Last UpdatedBias Distribution79% Center
Bias Distribution
- 79% of the sources are Center
79% Center
C 79%
15%
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