New federal ban threatens $28.3 billion revenue and 225,000 jobs in hemp industry
Headline from WISH-TV Indianapolis
Congress recently voted to close a federal loophole allowing the sale of impairment-inducing hemp products, a move that threatens the survival of a multibillion-dollar industry despite efforts from advocates to delay the implementation of the ban until December 11.
WISH-TV Indianapolis's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
America’s multibillion-dollar market for impairing hemp products faces potential elimination before the end of the year. The products include everything from THC seltzers to smokable cannabis flowers. Congress voted to close the loophole in federal law that has allowed the industry to flourish, but …
Congress recently voted to close a federal loophole allowing the sale of impairment-inducing hemp products, a move that threatens the survival of a multibillion-dollar industry despite efforts from advocates to delay the implementation of the ban until December 11.
America's multibillion-dollar market for impairing hemp products faces potential elimination after Congress voted to close a loophole in federal law that has allowed it to flourish.
In a commercial kitchen outside Raleigh, North Carolina, Nicholas Hohns spreads a blue-green goo into a gridded mold, making one of his company’s signature products: potent THC gummies, featuring the primary intoxicating compound found in marijuana.
The industry hopes to save itself by restricting impairing products to people 21 and older, limiting how much THC can be in a package, and banning imported cannabis compounds.
