The recently introduced bill, called the “HEMP Act of 2024,” would change the current Federal rules for Hemp (set in the Farm Bill of 2018) from a THC limit of 0.3% up to 1% THC. It would also change the testing requirements for hemp-derived products to the finished product, rather than the initial flower or plant, and would create standards for documentation of hemp & hemp-derived products. It would also create an official “margin of error” on THC content of 0.075%.
This bill was apparently introduced in response to the also-recently-introduced Cannabinoid Safety and Regulation Act, introduced to Congress by Senator Ron Wyden from Oregon. This bill would create a new department at the FDA just for Cannabinoid products, leaving room for corporate capture and regulating small businesses out of existence. On the flip side, Senator Wyden’s Bill also bans “artificially or synthetically derived cannabinoids of any kind.”
Senator Paul said in a statement:
“...There is still work to do to prevent the Federal Government from weighing down our farmers with unnecessary bureaucratic micromanaging…” adding that the HEMP Act would “help this growing industry reach its full economic potential and bring transparency to government regulations.”
Which approach do you prefer?
Does it seem like they should just take the best pieces from both bills and combine them?
Are you looking forward to the Federal Government getting more involved with the hemp & cannabis industries?
Read the full “HEMP Act” here: https://www.paul.senate.gov/wp-content/uploads/2024/09/HEMPACT.pdf
Read the “Cannabinoid Safety and Regulation Act” here: https://www.wyden.senate.gov/imo/media/doc/cannabinoid_safety_and_regulation_act_one-pagerpdf.pdf
