The federal government is opening back up, and hemp-derived THC will become criminal contraband.
The spending package approved by the Republican-controlled House of Representatives late Wednesday to end the longest government shutdown in history also includes language that will outlaw nearly all the estimated $28.3 billion U.S. hemp industry, industry advocates say.
Wednesday’s vote is the culmination of a monthslong effort by Washington lawmakers to close the so-called “loophole” created by the 2018 Farm Bill that’s seen intoxicating hemp-derived THC products proliferate across the U.S.
Regulated cannabis companies, who view hemp as an unwelcome competitor playing by different rules, as well as alcohol lobbies and staunch anti-legalization advocates supported the ban.
The vote “closes the hemp loophole that has resulted in the spread of unregulated intoxicating hemp derived products that are being sold online and in gas stations and corner stores across the country,” said Republican U.S. Rep. Andy Harris of Maryland, the chief sponsor of the ban language in the House.
See the article for more details https://mjbizdaily.com/28-billion-industry-outlawed-as-congress-passes-hemp-thc-ban/
What a stupid thing to do, there were a lot of small companies popping up around here making things like THC beverages that were getting popular in various bars around here. Clearly there is no place in America for small business anymore.
