✉news WorldPolitics first seen 20 h ago, last 1 h ago, peak #1
$28 billion hemp THC industry races to block federal ban
Original: $28B hemp THC industry fighting to save itself from looming federal ban
The booming US hemp-derived THC market, worth roughly $28 billion a year, is lobbying Congress and regulators to stop a looming federal ban that would outlaw its products. The industry argues it supports farmers and businesses and is pressing lawmakers to change the legislation before the ban takes effect.
Why now: Federal hemp THC restriction provisions are advancing, threatening thousands of businesses and jobs, prompting an industry lobbying push.
hemp THC industryUS CongressUnited States
Evidence
- $28B hemp THC industry fighting to save itself from looming federal ban · Toledo Blade
- $28B hemp THC industry fighting to save itself from looming federal ban · Spectrum News
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