Bipartisan Bill Proposes State Regulation of Hemp-Derived Intoxicating Cannabinoids
A bipartisan bill has been introduced to allow states and Indian tribes to set their own rules for hemp-derived intoxicating cannabinoids, providing a regulatory framework that permits state-level control while adhering to federal minimum requirements. The bill aims to address the impending federal ban on such products, which could impact the $28 billion hemp cannabinoids industry. The new federal rules are set to take effect on November 13 unless Congress intervenes.
Topics: cannabinoids Congress federal regulation hemp legislation state autonomy THC products