Hemp industry news roundup 8/31/20

Hemp Industry News : Aug 30

What does the future hold for Delta 8?

What does the future hold for Delta 8 if for “the first time that the DEA comes out and specifically says that an intermediary product such as crude oil extract that is over 0.3% is a Schedule I substance—even if it will subsequently be diluted in the final product.”The comment period is still open and clarifications remains to be provided, especially considering a plan for remediation methods for 'hot crops' other than destruction.” Read More.

Wyoming criminal hemp charges dropped

Wyoming hemp farmers' criminal marijuana charges dropped as judge found “prosecutors lacked probable cause that the Egles intended to grow and distribute marijuana.” They had 722 pounds seized with 90% of tests showing over .3% THC. Important precedent to understand the implications of the current gray area in regulations. Read More.

Bi-Partisan hemp support for USDA regulation delay

Bi-Partisan hemp support for USDA regulation delay. The hemp pilot program expires in 2 months and Republican and Democratic leaders argue the rules undermine the industry. States are still being approved through acceptance of their hemp regulatory plans. Read More

Poland, embraces lawless hemp production

Poland, EU’s seventh largest hemp producer, has only two official rules for hemp regulation. With 80% of the country’s revenue produced from dried flower, the market remains confined to “micro-enterprises”. Hemp industry news- Canadian owned HemPoland who accounts for around 20% of the industry is driving sales of less than .2% THC CBD through e-commerce. Read More

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