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Congress just set an end date for hemp-THC businesses like mine. Here's why that's a good thing.
THC drinks: 1 year till prohibition?
A provision in the legislation that ended the federal government shutdown will close the loophole in the 2018 Farm Bill that allowed for hemp-derived THC and CBD products to become a $30 billion industry. This could destroy businesses like Easy Man, one of the very first non-alcoholic beers that is micro-dosed with THC and CBD, and Craftsmith, a contract beverage manufacturer that serves this growing industry. But the threat of prohibition is actually an opportunity for regulation that would supercharge the industry.
Whether you're one of the tens of millions of Americans who use hemp-derived THC-CBD products, or a business operating in the space, this timely episode gives critical perspective to this sudden change from an industry insider, including:
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By Joe Chura
5
2222 ratings
THC drinks: 1 year till prohibition?
A provision in the legislation that ended the federal government shutdown will close the loophole in the 2018 Farm Bill that allowed for hemp-derived THC and CBD products to become a $30 billion industry. This could destroy businesses like Easy Man, one of the very first non-alcoholic beers that is micro-dosed with THC and CBD, and Craftsmith, a contract beverage manufacturer that serves this growing industry. But the threat of prohibition is actually an opportunity for regulation that would supercharge the industry.
Whether you're one of the tens of millions of Americans who use hemp-derived THC-CBD products, or a business operating in the space, this timely episode gives critical perspective to this sudden change from an industry insider, including: