“As the Senate prepared to vote on the funding bill to reopen the federal government earlier this month, Sen. Rand Paul (R–Ky.) warned that passing the legislation would “regulate the hemp industry to death.” Buried deep inside the continuing resolution was a provision that would completely reverse nearly seven years of industry progress—and potentially wipe out small hemp-based businesses.
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Under the new provision, any consumable hemp product must contain no more than 0.4 milligrams of total THC—not per serving or gram, but per entire container.
Paul is right: This new rule is a death sentence to the hemp industry. If allowed to stand, it could eliminate 95 percent of all hemp-derived cannabinoid products made in the United States.
The government should not destroy the livelihoods of countless Americans, and it most certainly should not pull the rug out from under a burgeoning industry less than a decade after giving hemp its blessing.
States are squeezing hemp from one side, and now Washington is crushing it from the other—and small businesses, like Cornbread, are stuck in the middle.”