The hemp industry is at a crossroads asproposed changes in the 2024 Farm Billthreaten to reshape its regulatory landscape. Lawmakers are considering amendments that could ban products like delta-8 THC, a hemp-derived compound that has surged in popularity, especially in states where marijuana remains illegal.

Proposed Hemp Redefinition Could Threaten Hemp's Growth

According to a recent report by theAmerican Bar Association (ABA), the House Agriculture Committee's draft of the 2024 Farm Bill includes language aimed at closing loopholes that allow the production and sale of intoxicating hemp-derived cannabinoids. If enacted, these changes would redefine hemp...