+ THCA in Farm Bill, Cannabist Co.'s Florida Exit, Ohio's Adult-Use Sales & More!
Most Popular This Month | THCA's Inclusion in Farm Bill Would Reshape U.S. Hemp Industry | While the Farm Bill’s reauthorization may face yet another standstill this year, readers did not want to miss out on Cannabis Business Times’ coverage of the 2024 draft legislation as their interest in related articles caused a web traffic surge in June. In particular, a piece featuring the DEA’s position on THCA and how its inclusion in a Farm Bill amendment could impact not only the U.S. hemp industry, but also cannabis seed sales and cannabis flower marketed as hemp, led CBT’s top 10 most-read articles this month. “Any hemp, anywhere, whether it’s in the ground or whether it’s in a finished good anywhere along that line, would have to adhere to the [proposed] total THC definition, whereas now it just applies with respect to that pre-harvest material,” international cannabis attorney Rod Kight said in the article. Additional coverage of the Farm Bill and a possible ban on hemp-derived cannabinoids—from a national alcohol group pressuring lawmakers to address a “public health crisis” to industry reactions to Rep. Mary Miller’s proposed amendment to another piece about that amendment possibly being included in a House committee’s appropriation bill—also landed in the top 10. Overall, six of CBT’s top 10 articles for June centered on the Farm Bill and/or hemp. These also included an exclusive interview with Dr. Peter Grinspoon on the inherent safety of delta-8 THC and other intoxicating products, and a Texas business council telling its lawmakers not to mess with hemp-derived cannabinoid products. Non-hemp-related articles that CBT readers engaged with most in June included those on The Cannabist Co.’s divestiture of its Florida license and assets and on Ohio’s adult-use sales launch riddle, which continued to unfold this week. Catch Up on The Top 10 Stories From June | No. 10: Case Closed ... At Last | Klutch Cannabis Awarded 2 Provisional Dispensary Licenses in Ohio | The licenses are a result of more than six years of litigation for the company, which is also rebranding its retail facilities in the Buckeye State. More >>> | No. 9: The Economic and Social Impacts | Texas Hemp Business Council Tells Texas Lawmakers ‘Don’t Mess With Hemp’ | The organization’s members testified May 29 at a public hearing on banning delta-8 and delta-9 THC, listing 10 reasons to keep hemp products legal in Texas. More >>> | No. 8: Ohio's Big Riddle | Ohio’s Adult-Use Cannabis Sales Launch: What to Know | More than 30 dispensaries received their dual-use provisional licenses and will be able to commence sales once they meet final requirements for operation. More >>> | No. 7: 'One Teeny Little Chemical Bond Apart' | Criminalization Will Make Delta-8, Delta-10 THC, etc., ‘All the More Dangerous’ Says Harvard Medical Instructor and Leading Cannabis Expert | In this exclusive interview, Dr. Peter Grinspoon shares his insights into the inherent safety of delta-8 and other intoxicating hemp-derived cannabinoids, the draft Farm Bill 2024 amendment that would ban products containing them, and why he believes legislators need to learn from past mistakes of the failed war on drugs. More >>> | No. 6: Major Milestone | Trulieve Opens 200th Dispensary as World’s Largest Cannabis Retailer | The Brooksville, Fla., retail facility, which had a grand opening celebration June 14, is also the company’s 138th store in the Sunshine State. More >>> | No. 5: 'Deeply Disappointing' | ‘Devastating’ Hemp Amendment Language Included in FY 2025 Agriculture/FDA Bill | The House Appropriations Committee’s FY 25 Agriculture/FDA Appropriation bill released June 10 includes language from ‘the Mary Miller amendment’ that was added in late May to the draft 2024 Farm Bill to change the definition of hemp and ban synthetic, intoxicating hemp-derived cannabinoids. More >>> | No. 4: Reactions to Industry-Altering Amendment | Farm Bill 2024: 'The Sky Isn't Falling ... Yet' for Hemp Industry | The industry responds to the 2024 Farm Bill amendment that would redefine hemp, closing ‘loopholes’ and shuttering a multibillion-dollar industry built around hemp cannabinoid products. And what happens next. More >>> | No. 3: Monetizing 'Noncore' Assets | Cannabist Co. Exiting Florida Cannabis Market After $19M Loss in 2023 | The company is divesting three cultivation facilities, 14 dispensaries and its license in the Sunshine State. It also initiated a corporate restructuring. More >>> | No. 2: Ban Synthetic, Regulate Natural Hemp Compounds | National Alcohol Group Urges Congress to Address Hemp’s ‘Public Health Crisis’ in Farm Bill | Wine & Spirts Wholesalers of America sent a letter to U.S. lawmakers recommending they ban synthetically derived hemp compounds. More >>> | No. 1: Built Around 0.3% Delta-9 THC (Not THCA) | THCA in the Farm Bill: Amendment Goes Far Beyond Closing ‘Loopholes’ | Whoever wrote Rep. Mary Miller's amendment figured out ‘all the perfect cuts’ to ‘kill’ the entire hemp industry, international cannabis attorney says. More >>> |
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