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.
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Arizona is among several states moving to crack down on delta-8 THC, a hemp-derived substance that's largely unregulated. The big picture: Arizona, Kentucky, Louisiana, Texas and Virginia are all eying legislation to close delta-8 sales loopholes over concerns that kids could consume it, Axios' Tina Reed reports. Details: Delta-8 is chemically similar to delta-9 THC, which is the primary psychoactive ingredient in marijuana. It's manufactured from the cannabidiol, or CBD, that occurs naturally in hemp. Many users report the high that results from consumption… 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.
A bipartisan pair of U.S. senators have filed a bill to reduce regulations on farmers that grow industrial hemp for non-extraction purposes. Sens. Jon Tester (D-MT) and Mike Braun (R-IN) introduced the Industrial Hemp Act on Thursday—the latest piece of congressional legislation focused on the crop, which was federally legalized under the 2018 Farm Bill. As it stands, hemp and its derivatives like CBD that contain no more than 0.3 percent THC by dry weight are not controlled substances, and… Read more.
A New Jersey hemp company is suing a Massachusetts biotech company claiming it operated a “Ponzi scheme” by using more than $700,000 it raised from the firm to fund its own projects, Salem News reports. In its lawsuit against the Salzman Group, Delta Technologies claims the drug development company took their money and used their machinery in other, failed, projects. According to the lawsuit, Salzman Group Chairman and CEO Dr. Andrew Salzman agreed to put together a “large team of scientists” to help Delta and its… Read more.
A bipartisan bill introduced in the House last week would allow individuals with drug convictions to obtain a hemp license. The 2018 Farm Bill, which expanded the federal government’s hemp legalization policies, prohibits people with a felony drug conviction within the past 10 years from cultivating hemp. The measure, dubbed the Free to Grow Act, is backed by Republican Reps. Nancy Mace (S.C.) and David Joyce (OH), along with Democratic Reps. David Trone (MD) and Senior House Agriculture Committee Member Chellie Pingree… Read more.
Tennessee-based Gold Spectrum picked an inopportune day last month to debut an edibles line. On Feb. 13, the hemp company – which has five retail locations in Tennessee and sells products in other states – announced the release of several flavored “Delta 8 + THC-O Cereal Bars.” Popularized nationwide as a marijuana alternative since the passage of the 2018 Farm Bill, delta-8 THC can be found throughout states with no legal access, including Tennessee. But THC-O, also known as THC… 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.
Gov. John Bel Edwards (D) said Louisiana residents will see a government clampdown on unregulated THC products that can cause a person to get high. The governor and legislators may also seek to tweak a related law about hemp products during the Louisiana Legislature’s spring session. “I’m not one who favors legalizing marijuana and I don’t want something that…has a THC content that is effectively the same thing,” Edwards said in an interview Tuesday. “You’re going to see more enforcement,… 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.
New York Governor Signs Bill Encouraging Businesses To Use Hemp For Construction, Packaging And Other Purposes
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.