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The U.S. cannabinoid market is a major national industry. At over $28 billion in revenue and with a nationally integrated supply chain, the hemp-derived cannabinoid market is currently larger than the entire legal U.S. adult-use and medical markets.
Will Proposed Federal Fixes Do More Harm than Good?
Hemp operators are looking for federal support in terms of standardizing rules and regulations related to hemp-derived cannabinoids so that the industry can maintain its extensive supply chain, support consumer demand and continue interstate commerce. Right now, a one size fits all policy is doing more harm than good, and has reduced the fiber and grain opportunities by $20 billion alone in 2022/2023.
Many groups are involved, and policy makers are getting conflicting inputs. As a result, policies are haphazard, when they should be focused on specific sectors and issues like public safety, youth access, and product testing. Issue-specific policies would be beneficial because they would limit unintended impacts on other hemp sectors.
Crazy 8s: Does Delta-8 THC threaten the supplement industry?
Front Range Fall Hemp Fest
October 13, 2023. Longmont, Colorado
International Conference Hemp & Industry
October 16-17, 2023. Prague, Czech Republic
CBD Journey & CannaCon 2023
November 2-3, 2023. Tokyo, Japan
Asia International Hemp Expo & Forum 2023
November 22-25, 2023. Bangkok, Thailand
November 28-December 1, Las Vegas
Jack Herer Cup 2023
November 29, Las Vegas
10th Annual NoCo Hemp Expo & 1st Innovate Earth Symposium
March 20-22, 2024, The Broadmoor Resort, Colorado Springs, CO
Experience Hemp Prague and the 21st Annual EIHA Conference
June 5-7, 2024, Prague, Czech Republic – Save The Date
Add your event to Hemp Events, a free listing service for legitimate hemp industry events. Visit www.HempEvents.org.
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#LetsTalkHemp is the ultimate platform that focuses on “Changing the Cannabis Conversation”. We provide news, education, and information about Hemp and Cannabis to our viewers so that they can learn more about the industry and get tips and tricks on the latest technologies. Subscribe to our channel and learn about everything from legal updates, farming, production, and new products entering the Hemp & Cannabis space.
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Let’s Talk Hemp is a publication of WAFBA – We Are For Better Alternatives focused specifically on the subjects of industrial hemp, cannabis, sustainable agriculture, environment, healthy foods & supplements, and climate-smart applications. We present features and curate news from across the globe to share the benefits of hemp, cannabis, bio-based materials, and better alternatives. WAFBA also is the Producer of NoCo Hemp Expo, the world’s leading hemp conference and exposition.
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