{"id":2126,"date":"2026-08-03T16:38:36","date_gmt":"2026-08-03T16:38:36","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=2126"},"modified":"2026-08-03T16:38:36","modified_gmt":"2026-08-03T16:38:36","slug":"senate-seeks-delay-on-crackdown-of-hemp-thc-products","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=2126","title":{"rendered":"Senate Seeks Delay On Crackdown Of Hemp THC Products"},"content":{"rendered":"<div>\n<h2>CRUCIAL QUOTE<\/h2>\n<p>\u201cAs Mark Twain might have said, \u2018The reports of hemp\u2019s death have been greatly exaggerated,\u2019\u201d Jonathan Miller, general counsel for the U.S. Hemp Roundtable, <u>said<\/u> after the delay was proposed.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2124\">Todd Blanche Wins Key Confirmation Holdouts\u2014But Questions Over Trump\u2019s $1.8 Billion Fund Linger<\/a><\/p>\n<h2>Key background<\/h2>\n<p>The existing marijuana industry largely exists within a loophole of the  President Donald Trump signed in his first term. The bill legalized the cultivation of industrial hemp (usually grown for sturdy fibers or food rather than as an intoxicant) to give farmers a new cash crop. The law legalized hemp as long as it contained no more than 0.3% delta-9 THC, but companies have since figured out how to make products like edibles, beverages and snacks that do stay within that definition\u2014but still contain enough intoxicants to get people high. Congress last year voted to close the loophole and replace the hemp definition with one that counts total THC and puts a very low limit on finished consumer products, effectively killing the intoxicating hemp industry. <\/p>\n<h2>TANGENT<\/h2>\n<p>The loophole in the Farm Bill is also what allows companies to sell intoxicating hemp-derived products in states where marijuana is still illegal. Because the products are not technically marijuana under federal law, they don\u2019t fall under the same rules banning recreational pot. States like North Carolina, Georgia and Texas don\u2019t allow recreational marijuana sales but still have massive markets for hemp-derived THC products. North Carolina\u2019s intoxicating cannabinoid industry has been estimated at about <u>$1 billion<\/u> and\u2014before a statewide crackdown that went into effect on July 31\u2014Texas estimated its industry at about <u>$8 billion<\/u> annually. Some states, like Georgia and now Texas, have passed their own laws to ban or restrict the industry. <\/p>\n<div><\/div>\n<h2>BIG NUMBER<\/h2>\n<p>8,000. That\u2019s how many hemp-derived THC retailers the <u>Texas Senate<\/u> estimates opened in the state between 2019 and March 2025. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2122\">Ariana Grande Says She \u2018Cannot Wait\u2019 For Chicago Shows After Announcing Hiatus Over \u2018Endless\u2019 Scrutiny<\/a><\/p>\n<h2>SURPRISING FACT<\/h2>\n<p>The hemp industry has been a lifeline for the craft brewing and alcohol distribution industries. Both have dealt with years of <u>declining sales<\/u>, but hemp beverages have opened a new market for a generation that <u>isn\u2019t drinking<\/u> as much as its predecessors. Indeed Brewing in Minneapolis told <u>PBS News<\/u> last year that THC drinks make up almost one-quarter of its business. Bauhaus Brew Labs a few blocks away said THC drinks account for 26% of its revenues from distributed products and 11% in the brewery\u2019s taproom.<\/p>\n<h2>WHAT TO WATCH FOR<\/h2>\n<p>What happens with the law. If the loophole is closed, most hemp-derived THC products would become federally illegal and the existing retail model would largely collapse. Companies making gummies, beverages, vapes and other products could lose access to their primary product lines, and the economic impact would be substantial. In Texas alone, the Legislative Budget Board <u>projected<\/u> the legislation restricting hemp products would reduce state general-revenue funds by roughly $28.6 million in FY2026 and $8.5 million in FY2027. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=2120\">\u2018Wrong Guy At The Wrong Time\u2019: Why Markwayne Mullin Faces MAGA Uproar<\/a><\/p>\n<h2>further reading<\/h2>\n<p><span><span>Forbes<\/span><span>$28 Billion Hemp Industry Faces Extinction With Government Re-Opening<\/span><small>By <span>Will Yakowicz<\/span><\/small><\/span><span><\/span><span><span>Forbes<\/span><span>The Cannabis Civil War: Hemp vs. Marijuana<\/span><small>By <span>Will Yakowicz<\/span><\/small><\/span><span><\/span><span><span>Forbes<\/span><span>Hemp Madness: Why The Government Is Waging War Against Marijuana\u2019s Legal Cousin<\/span><small>By <span>Will Yakowicz<\/span><\/small><\/span><span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Congress is trying to delay a law that would effectively kill the $28 billion intoxicating hemp industry. <\/p>\n","protected":false},"author":1,"featured_media":2125,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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