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[Bonno]

The Senate cannabis bill could spell doom for hemp businesses.
Here’s why...





It’s been a big week for cannabis, with Senate Democrats finally dropping their long-promised cannabis legalization bill and holding a hearing on it.

The measure would end cannabis prohibition and boost the allowable THC in hemp from 0.3% to 0.7%.

So why did our inbox flood with alarmed emails from hemp activists? Because the devil is in the details, and this one has a lot of details giving hemp manufacturers fits.

One entrepreneur who makes delta-9 THC gummies from hemp called the bill a “death blow.” Others want to know why it allows 0.7% THC but not the full 1% long suggested by farmers.

Still others fear the proposal could ban full-spectrum CBD products and is a cynical attempt by marijuana interests to gut competition.

Economist Beau Whitney estimates the language would hurt 11,000 hemp farms.

We’ll be covering this bill and debate start to finish. As always, send us your thoughts about how this measure could affect your hemp business.