News from: US Farm Bill, Fluent Cannabis, Massachusetts and more. The Daily Hit is a recap of the top financial news stories for Thursday, December 19, 2024. On the Site Farm Bill extension leaves hemp industry rules intact for now, including intoxicating products The farm bill extension would run through March 2025. Read more here. […]
Congressional leaders agreed to a one-year farm bill extension that maintains current hemp regulations while putting off any anticipated changes to the industry until 2025, according to new reports this week. The extension, part of a 1,547-page government funding package released on Monday, maintains the status quo on hemp despite separate House and Senate proposals […]
Congress will likely not pass a new Farm Bill until 2025. But when it does, the “loophole” that’s allowed hemp-derived products with intoxicating levels of THC to proliferate across the country over the past six years will be closed. That’s the understanding on Capitol Hill after U.S. Sen. Debbie Stabenow of Michigan released a proposal […]
Absent federal regulations for the $28.4 billion market for goods containing intoxicating hemp-derived cannabinoids – and in an era where states are imposing increasingly tough restrictions or outright bans on hemp-derived THC – a major hemp organization has created a certification program for such products. The U.S. Hemp Authority, a Kentucky-based, third-party certification body for […]
