ARCHIVES: Hemp Industry News for May 2022
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Industry watches as markets wrestle with regulations for hemp intoxicants such as delta-8 THC
If states are the laboratories of democracy, as the saying goes, those labs are getting some surprising results this year as they experiment with ways to regulate hemp derivatives in the face of federal inaction on the rise of intoxicating cannabinoids made from newly legal hemp plants. More than a dozen states have taken up legislation so far this year to either ban or regulate the conversion of hemp extracts into intoxicating cannabinoids such as delta-8 THC...
May 31, 2022 | By Kristen Nichols Hemp Industry Daily | Read The Article
Narrow adult-use marijuana initiative makes South Dakota ballot
An adult-use marijuana initiative is headed to the ballot again in South Dakota this fall, but this one is narrow in scope: It paves the way for possession and home grow but not a regulated, commercial market. South Dakota’s secretary of state office ruled this week that Initiated Measure 27, put forth by South Dakotans for Better Marijuana Laws, qualified for the Nov. 8 ballot with 25,023 valid signatures based on a random sample. That total easily exceeded the 16,961 required signatures...
May 26, 2022 | MJBizDaily | Read The Article
U.S. court’s strict interpretation of Farm Bill finds delta-8 THC legal
The U.S. Court of Appeals for the Ninth Circuit has ruled that hemp-derived delta-8 THC is legal under the 2018 Farm Bill, in a case arising out of a trademark dispute in California. Upholding a U.S. District Court’s decision, the appeals court found that the Farm Bill’s definition of legal hemp “expressly applies to ‘all’ such downstream products so long as they do not cross the 0.3 percent delta-9 THC threshold.” The ruling is a victory for proponents of delta-8 THC, who have argued that the compound is a legal derivative of legal hemp...
May 26, 2022 | HempToday | Read The Article
Minnesota lawmakers greenlight THC from hemp for adult use
Minnesota adults older than 21 will be able to buy intoxicating hemp-derived THC products in grocery and convenience stores under a bill that lawmakers approved late Sunday. The measure also allows CBD to be placed in food and drinks, a reversal from current policy in Minnesota. The bill, which awaits the signature of Democratic Gov. Tim Walz, allows both delta-8 THC and delta-9 THC products as well as other intoxicants derived from hemp...
May 24, 2022 | MJBizDaily | Read The Article
Federal appeals court: Hemp-derived Delta-8 THC products are ‘lawful;’ only Congress can ban
Delta-8 THC derived from hemp is “lawful” and eligible for trademark protection, a federal appeals court ruled in a vaping dispute. The 9th Circuit Court of Appeals said in its ruling Thursday that because Congress legalized not just hemp but its “derivatives” and “extracts” in the 2018 Farm Bill, delta-8 THC is legal if it is derived from a hemp extract – in this case, CBD...
May 20, 2022 | Hemp Industry Daily by Kristen Nichols | Read The Article
London-based trading platform expands options for access to network
Hemp and medical cannabis trader Canxchange has added a networking service to its commodities-based platform, giving all stakeholders the opportunity to directly engage with the company’s network. The new tool lets individual users and businesses connect with the entire Canxchange universe through a public chat feature, and gives them instant access to the company’s sales and support team...
May 10, 2022 | HempToday | Read The Article
FDA issues first-ever warning letters on delta-8 THC
U.S. health authorities issued their first-ever warning letters about delta-8 THC Wednesday, saying the hemp-derived isomer “has psychoactive and intoxicating effects and may be dangerous to consumers.” The warning letters come eight months after the U.S. Food and Drug Administration and the Centers for Disease Control and Prevention issued a vague consumer update expressing concern about the health effects of delta-8 THC products...
May 4, 2022 | MJBizDaily | Read The Article
Aiming to help set CBD framework, UK group focuses first on THC limits
Recommendations from the UK’s Advisory Council on the Misuse of Drugs (ACMD) for maximum allowable THC levels in CBD products are much too low and could be calamitous for domestic producers, a Parliamentary group has suggested. ACMD last December issued guidance suggesting a THC limit of 50 micrograms (mcg) per serving – a highly restrictive level that disincentivizes production, according to the All-Party Parliamentary Group (APPG) of lawmakers and stakeholders advising on the UK framework for CBD...
May 3, 2022 | HempToday | Read The Article