Bill Introduced to Raise THC Limit in Hemp to One Percent

Hemp production was legalized at the federal level under the 2018 Farm Bill—but endless red tape and regulatory demands make it next to impossible to thrive in the industry. Growers and processors say the THC thresholds in particular make the industry unbearable. But fortunately, a potential legislative fix to some of those problems is underway. … Read more

New York Cracks Down on Illegal Cannabis Businesses

It has been nearly a year since New York legalized recreational pot, but the state made it clear on Tuesday that unlicensed weed sales are still a no go. New York’s Office of Cannabis Management said it sent letters to businesses it suspects of illegally selling cannabis, often done through the practice of “gifting,” in … Read more

House Passes SAFE Banking Act Again

The House of Representatives last week passed the SAFE Banking Act as part of a separate bill, marking the sixth time the lower house of Congress has passed the legislation to grant cannabis businesses access to banking and other financial services. Members of the House adopted provisions of the banking bill on Friday as an … Read more