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US Congress delays hemp-derived THC ban until December 11
Original: US Congress postpones ban on hemp-derived THC products until December 11 — Fortune
US Congress has postponed a planned ban on hemp-derived THC products, pushing the deadline to December 11, according to Fortune. The delay affects a wide industry of hemp-based consumables that became widely available after the 2018 Farm Bill legalized hemp. Industry groups and consumers are watching closely, as the coming vote could remove many THC drinks and edibles from the market or prompt new federal regulation.
Why now: The delay gives businesses, consumers and regulators a short reprieve before a decision that could reshape the multibillion-dollar hemp industry.
US CongressFortunehemp industry
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