Tag

Hemp Industry

All articles tagged with #hemp industry

politics2 months ago

Senate Deadlock on Hemp Sparks Longer Government Shutdown

Senators rejected an amendment by Rand Paul to protect Kentucky's hemp industry from new regulations, on a 76-24 vote, as Congress moves closer to ending the government shutdown. The vote highlights ongoing debates over hemp regulation, with key figures like Mitch McConnell supporting stricter rules to curb intoxicating hemp products, while industry advocates and some Democrats oppose these measures, fearing they could destroy the industry. The shutdown deal is progressing towards final approval, with legislative negotiations continuing on related issues like cryptocurrency regulation and federal agency appointments.

politics2 months ago

Senate Ag Committee Unveils Crypto Bill Granting CFTC Oversight

The Senate is expected to vote on a deal to end the government shutdown, with key debates over hemp industry regulations and amendments, notably from Sen. Rand Paul. The legislation includes provisions that could impact hemp production, sparking opposition from industry advocates and some senators. Meanwhile, political leaders are maneuvering to pass the funding package, with discussions about regulatory reforms for cryptocurrencies and internal party dynamics also underway.

law-and-regulation4 months ago

Texas THC Vape Ban Takes Effect Amid Legislative Stalemate

Texas has implemented a law banning the sale of THC-laced vapes and disposable vaporizers, including those made in adversarial countries like China, while allowing the possession of low-dose hemp-derived THC products. The law targets retailers, with penalties for non-compliance, but possession remains legal if within limits. Ongoing legislative debates aim to further regulate or ban all intoxicating hemp products, with disagreements between state leaders potentially delaying broader restrictions.

politics7 months ago

Texas lawmakers advance and debate THC and medical cannabis legislation

Texas Governor Greg Abbott faces pressure from both sides over a bill to ban THC products, with industry advocates urging a veto due to public safety and economic concerns, while political allies push for the law's enactment. Abbott has until 20 days after the legislative session to sign or veto the bill, amid significant lobbying and public petitions.

business1 year ago

Iowa Hemp Industry Faces Potential Wipeout as THC Regulation Bill Heads to Governor's Desk

Business owners in Iowa are concerned about a bill imposing stricter regulations on hemp-infused products, which is headed to the governor's desk. The bill includes limits on THC content and age restrictions, but owners argue that the proposed limits are so low that most of their products would become illegal. They express worry about the potential impact on their livelihoods and the industry as a whole.

cannabis-regulation2 years ago

"Congressional Committee Urges FDA Action on CBD Regulations"

A congressional committee held a hearing to address the Food and Drug Administration's (FDA) inaction on developing regulations for hemp-derived CBD as food items or dietary supplements. Lawmakers criticized the FDA for not using its existing authority to regulate CBD products and called for clear guidance and certainty in the market. The hemp industry has been struggling due to the lack of regulations, which has allowed potentially unsafe products to flood the market. Witnesses at the hearing emphasized the need for federal regulation to ensure safety standards and protect consumers. Bipartisan lawmakers have introduced bills to provide a pathway for the regulation of hemp derivatives like CBD.