Hemp Industry Battles New Regulations

Hemp companies are urgently opposing a new federal funding bill that includes a comprehensive ban on THC, a compound found in cannabis. This proposed legislation has caused significant concern within the cannabis industry, leading to lobbying efforts by companies like Cornbread Hemp. These businesses argue the ban threatens their survival, as it would outlaw many of their products. The situation has prompted legal challenges and intensified advocacy efforts to influence lawmakers and prevent the ban's implementation. The industry is grappling with potential shutdowns and financial instability as the debate unfolds.