✉news BusinessEconomy first seen 5 h ago, last 1 h ago, peak #10

$28 Billion Hemp THC Industry Fights Looming Federal Ban

Original: A $28 billion hemp THC industry is fighting to save itself from a looming federal ban

A $28 billion US hemp THC industry is lobbying to survive an approaching federal ban on intoxicating hemp products. The sector, built after the 2018 Farm Bill legalized hemp, faces restrictions that could shut down producers of hemp-derived THC beverages and edibles. Industry leaders are pushing lawmakers for a regulatory framework instead of prohibition, while the ban's prospects in Congress remain a key open question.

Why now: Congress is moving toward closing the hemp THC loophole, threatening a large legal industry and its jobs.

hemp THC industryUS Congress2018 Farm Bill

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• A $28 billion hemp THC industry is fighting to save itself from a looming federal ban · PBS

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