As of November 12, hemp products with cannabinoids that can’t be naturally produced by the cannabis plant are prohibited under federal law. The first phase does not automatically cover cannabinoids that can occur naturally, like delta-8 THC, even when they’re made through chemical conversion. The much larger restriction comes December 11, when most consumable hemp THC products, defined as more than 0.4 milligrams of total THC per container, could lose federal legal status. Some hemp leaders support the first phase. Their bigger concern is next month.
The video explains why the language is a problem. Some advocates point to cannabinoids like THCP, which occurs naturally in extremely small amounts, as products that should stay legal, and the FDA is more than nine months late publishing the list of cannabinoids that naturally occur in cannabis.
Lawmakers from both parties are proposing alternatives. Representatives Beth Van Duyne and Greg Landsman would regulate and tax hemp THC beverages like alcohol, Representative James Comer would delay the ban and add testing, packaging and age rules, Representative Andy Barr’s bill sets a minimum age of 21, and Senators Tim Sheehy and Amy Klobuchar are expected to file a proposal.
But this is a lame-duck Congress, and proposals are not laws. For state-licensed cannabis operators, the outcome could change the competitive landscape.
Should Congress regulate hemp THC instead of banning it? Subscribe to The Dales Report for cannabis investing news and analysis.
00:00:00 Federal Hemp Ban Begins
00:00:58 Hemp Ban Timeline Explained
00:01:55 Hemp Restrictions Spark Debate
00:02:20 Synthetic Cannabinoid Loophole
00:03:09 FDA Guidance Remains Unclear
00:03:40 Congress Proposes Hemp Alternatives
00:04:29 FDA Guidance Nine Months Late
00:04:51 Congress Faces Tight Deadline
00:05:53 Hemp Industry Running Out of Time
00:06:12 Impact on Cannabis Operators
00:06:25 December 11 Deadline Looms
#Hemp #HempBan #HempTHC #Cannabis #CannabisNews #CannabisStocks #CannabisIndustry #Marijuana #THCA #Delta8 #Congress #LameDuck #FDA #CannabisRescheduling
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