Virginia Hemp Businesses Sue over THC Rule Change
6 Articles
6 Articles
Virginia hemp businesses sue over THC rule change
Seven Virginia companies have sued Gov. Abigail Spanberger and other state and local officials, claiming that the businesses will be significantly harmed by a regulatory change that will end their ability to sell certain hemp products. The change, set to take effect Aug. 15, will make it illegal for these businesses to sell hemp products containing more than 2 milligrams per package of tetrahydrocannabinol, or THC, the main intoxicating compound…
Virginia Hemp Businesses Sue State Officials Over New THC Product Limits
A coalition of Virginia hemp businesses are suing state officials in federal court over soon-to-be-enacted restrictions on the products they produce and sell. When lawmakers and the governor passed budget legislation this year, it included provisions that will legalize recreational marijuana sales while also narrowing the scope of what constitutes a legal hemp product in the state. Specifically, the definition of what constitutes a legal hemp pr…
Virginia CBD businesses file injunction to stop restrictions on hemp products
Hemp companies are seeking to freeze the pending removal of the 25:1 THC-to-CBD ratio exemption allowed for legal hemp products. (BizSense file) With a deadline looming, a group of hemp businesses have filed a lawsuit to stop new restrictions on CBD products from taking effect in Virginia. Locally based Kultivate Wellness, Cypress Hemp and Redfern Hemp Co. are among seven Virginia-based businesses asking the court for an injunction that would pa…
Virginia Hemp Businesses Sue, Claim New THC Law Wipes Out Millions in Investments
Seven Virginia hemp businesses have filed a federal lawsuit arguing that while the state has the authority to regulate hemp products, it cannot destroy the value of existing businesses and lawfully acquired inventory without providing just compensation. The complaint, filed Friday in the U.S. District Court for the Western District of Virginia, challenges Virginia’s new hemp law, which takes effect Aug. 15, as an unconstitutional taking under th…
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