Hemp

Virginia Gov. Glenn Youngkin (R) is proposing a CBD carveout to a proposed state law that would enact strict regulations on hemp-derived THC products, the Virginia Mercury reports. Under the governor’s plan, hemp products that contain a 25:1 ratio of CBD to THC would not be affected by the broader hemp industry reforms being considered by lawmakers.   Youngkin spokeswoman Macaulay Porter told the Mercury on Tuesday that the amendment continues the governor’s “efforts to crack down on dangerous THC intoxicants including synthetic products such as… Read more.

South Dakota Gov. Kristi Noem (R) on Thursday vetoed a bill to raise THC levels allowed for unprocessed industrial hemp from 0.3% to 5%. Raising the THC threshold to 5% would have allowed for another processor to extract THC as it develops more uses for hemp after the initial process is completed.  In her veto statement, Noem said the proposal would have changed the definition of “product in process” by increasing the THC limits which would have allowed hemp products and crops in… Read more.

Connecticut's hemp farmers would be allowed a path into the cannabis industry under legislation that passed overwhelmingly Tuesday in a key legislative committee. The amended bill, which next moves to the state House of Representatives, would let dozens of small hemp growers apply for state cultivator or micro-cultivator licenses under the Department of Consumer Protection's cannabis program. The legislative General Law Committee approved the bill after a brief debate. The action occurred following a recent public hearing in which farmers said that during the few… Read more.

Both chambers of the Virginia General Assembly voted Friday to pass a bill to toughen regulations on hemp-derived products that contain intoxicating THC through a more robust permitting system and stricter labeling rules. Retail marijuana sales will remain illegal under the proposed law. Proponents of the bill called it a necessary first step toward cracking down on largely unregulated THC products, including increasingly common delta-8 edibles, that have created safety and consumer protection concerns. “I think this will go a long way… Read more.

New York, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industrial Hemp Market, Global Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis" - https://www.reportlinker.com/p06381990/?utm_source=GNWIndustrial hemp is a versatile plant that can be built up for its fiber, seed, or oil. Over time, industrial hemp has evolved into an even greater variety of products, including health foods, organic body care, clothing, construction materials, biofuels, plastic composites, and more. Furthermore, The U.S. Department of Agriculture… Read more.

As New York prepares for the imminent launch of legal adult-use marijuana sales, the governor has signed a bill aimed at expanding the state’s hemp market by promoting collaborative partnerships to identify more opportunities to utilize the crop and its derivatives for packaging, construction and other purposes. Bill sponsor Sen. Michelle Hinchey (D) announced on Tuesday that Gov. Kathy Hochul (D) approved her legislation late last month. It would amend a section of New York’s agriculture law that deals with… Read more.

As Colorado hemp stakeholders kick the CBD habit, they have the opportunity to establish the state as a hotbed for hemp food production, according to a recent analysis and call to arms from the Hemp Food Association (HFA). With a small but enduring group of legacy hemp food companies, proven products and established production and supply chains, Colorado is well-positioned in a health-oriented consumer market that is turning more and more to natural products. “Colorado could maintain its historical standing in the… Read more.

Hemp building materials were officially approved in the model US residential building code at a Louisville, KY public hearing overseen by the International Code Council (ICC) last week. At the meeting, the ICC closed the public comment period for hemp+lime (hempcrete) constructionfor inclusion as an appendix in the upcoming 2024 International Residential Code (IRC). This was the final step to approve the appendix as part of the new code. The new code will be published in 2023 with Hemp-Lime (Hempcrete)… Read more.