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home / articles / MRMD - House Committee Approval Of Amendment Eliminating 90% Of Hemp-Dervied Products Could Drive Wedge Between Cannabis And Hemp Industries | Benzinga


MRMD - House Committee Approval Of Amendment Eliminating 90% Of Hemp-Dervied Products Could Drive Wedge Between Cannabis And Hemp Industries | Benzinga

The U.S. House Committee on Agriculture approved an en bloc amendment introduced by Rep. Mary Miller (R) to the new Farm Bill that would effectively eliminate the majority of hemp-derived products. 

"My amendment will close the loophole created in the 2018 Farm Bill that allows intoxicating hemp products like delta-8 (THC) to be sold," Miller said at the Thursday hearing. “These products are being marketed to children and sending hundreds of them to the hospital. We must stop teenagers and young children from being exposed to addictive and harmful drugs."

Miller also shared a similar message in a post on X.


No Roll-Call Vote

According to the proposal's description, the amendment "changes the definition of hemp in the Agricultural Marketing Act of 1946 to only include naturally occurring, naturally derived, and non-intoxicating cannabinoids."

Effectively, this proposes a federal ban on all ingestible hemp products with any level of THC.

The amendment "would not only ban potentially impairing products like Delta-8, but it would bring under a new prohibition all non-intoxicating CBD products with any quantifiable amount of THC – meaning 90-95% of the hemp products market would be federally banned. Even animal feed – which has been approved by the FDA for these uses – would be banned. Redefining hemp to include a calculation of THC-A would even wreak havoc in the fiber and grain market," writes U.S. ...

Full story available on Benzinga.com

Stock Information

Company Name: MariMed Inc
Stock Symbol: MRMD
Market: OTC
Website: marimedadvisors.com

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