The Trump Administration has announced stricter regulation of hemp products – potentially jeopardizing a business model that has flourished in many US states. Under the guise of hemp legalization, companies in recent years have sold cannabis products with low THC content that are legally classified as "hemp" but resemble cannabis in their properties. These products were marketed online and in physical stores as legal alternatives to illicit cannabis – a business that generated millions.
With the new "hemp ban directive," Trump intends to close this gray area and restrict access to these widely available cannabis products. The cannabis and hemp industry is responding strongly to the planned measures. Companies warn of economic consequences and argue that this will cost thousands of jobs and weaken local economies. Supporters of the measure, however, view it as necessary regulation to restore the original intent of hemp legalization.
The decision could have far-reaching impacts on the US cannabis market and reflects ongoing tensions between federal policy and established cannabis businesses. This news item is from Google News Cannabis EN (https://news.google.com/rss/articles/CBMirAFBVV95cUxOWllyendGZkVUTy0yNldLN2xuMV9kQll5Q1NQd25FMGdreWZrSk01WDhGZ1ZGRjM4MDh3WTlBMXRaeVZwaGV2YnZBVjhVTzZpMWF3LUlzY1hMQ3ZMeWI4blhBOTc5bDBZS29adVRRRWdqcnBhdGxTTXVlal9ESEZoN3UwcERrdEhMenlLU0ZmOVVIX2ZNLUZISndvNWlfSmJ0dXlOM1dqcFR2anJk?oc=5).
