CV Sciences, Inc.’s Post

A recent article from Cannabis Business Times discusses a proposed amendment to the 2024 Farm Bill that could significantly impact the hemp-derived cannabinoid industry. The amendment aims to change the definition of hemp, potentially devastating the market for products like THCA seed and flower. If passed, this change could end the sale of many hemp-derived cannabinoids, posing a serious threat to businesses and consumers who rely on these products. At CV Sciences, we are deeply concerned about the implications of this amendment. We remain committed to advocating for a fair and supportive regulatory environment that recognizes the benefits of hemp-derived cannabinoids. Our focus continues to be on providing high-quality, safe, and effective products while supporting the industry's growth and innovation through active engagement in policy discussions and industry standards. Learn more: https://lnkd.in/gSkQxgmu

Farm Bill Amendment Would ‘Devastate’ Hemp-Derived Cannabinoid Industry, Close THCA Loophole for Seed and Flower Sales

Farm Bill Amendment Would ‘Devastate’ Hemp-Derived Cannabinoid Industry, Close THCA Loophole for Seed and Flower Sales

cannabisbusinesstimes.com

Douglas Friedman

Business Development - LabWize, Inc.

6mo

It appears that the industry is moving backwards instead of being more progressive! Legislators MUST separate the CBD Markets from the THC markets. Then pass both as legal!

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