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Boston Hemp Inc. Issues Statement Calling for Full Protection of Legal Hemp Under the 2018 Farm Bill Framework
Globenewswire· 2025-11-14 14:00
BOSTON, Mass., Nov. 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Boston Hemp Inc. today released a formal statement urging federal policymakers to uphold the existing definition and legal status of hemp under the Agriculture Improvement Act of 2018 (the “2018 Farm Bill”). The Company states: “Hemp must remain 100% legal under the current federal framework. We strongly oppose any effort to impose new THC caps or restrict hemp-derived products beyond the 2018 Farm Bill’s definition. Such changes would cause widespr ...
High time for a crackdown: Congress moves to ban hemp in resolution to reopen government
CNBC Television· 2025-11-12 15:55
Buried deep inside the text of the bill is a measure at taking down a nearly $30 billion US industry. Brandon Gomez joins us now to talk me through this. All right.What what is in that bill. >> Yeah. So, you have to look at the fine print, right.First, we have to understand though how we got here. So, there's language in the 2018 Farm Bill passed under the first Trump administration that legalized hemp. Now, that's the non- intoxicating cousin of marijuana.But without getting too into the weeds, that's also ...
Tilray Brands Condemns Misguided Prohibitionist Measures and Champions Responsible Hemp Regulations that Keep Consumers Safe and Businesses Thriving
Globenewswire· 2025-11-11 20:00
Core Viewpoint - Tilray Brands advocates for sensible regulations on hemp-derived THC products, emphasizing the need for a taxed pathway that ensures consumer safety and promotes economic growth [1][3][4]. Industry Position - Tilray Brands aligns with a coalition of major operators in the alcohol and beverage sectors to push for responsible regulations, arguing that prohibition leads to unregulated markets and unsafe products [3][4]. - The hemp-derived THC beverage market is valued at $1 billion in the U.S., supported by small business investments and job creation [5]. Regulatory Framework - The company supports a federal baseline framework for hemp-derived THC product regulation, proposing a cap of 10mg of delta-9 THC per serving to ensure responsible consumption and public safety [4][6]. - Tilray Brands opposes any bans on hemp-derived THC products, stating that such measures would drive products underground rather than eliminate them [4]. Consumer Demand - A McLaughlin & Associates poll indicates that over 70% of Americans favor the legality and availability of hemp products, highlighting strong public demand for fair regulation [5]. Commitment to Innovation - Although hemp-derived THC products currently do not significantly contribute to Tilray's revenue, the company is dedicated to collaborating with lawmakers and enhancing its hemp-wellness offerings [6].