✉news WorldPolitics first seen 12 h ago, last 1 h ago, peak #1
$28 billion hemp THC industry fights looming federal ban
Original: $28B hemp THC industry fighting to save itself from looming federal ban
A hemp-derived THC industry worth an estimated $28 billion is lobbying to stop a looming federal ban that would outlaw its products. The sector, which grew out of the 2018 farm bill's hemp legalization, faces new restrictions that could shut down businesses selling consumable hemp THC products. Industry groups are pressing lawmakers for protections as the deadline approaches.
Why now: New federal restrictions on hemp THC are advancing, threatening a large legal industry with closure.
hemp THC industryUS CongressSpectrum News
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