Congress Is About to Kill the Hemp Industry It Created (opens original article in a new tab)

Congress's last-minute addition of a hemp product ban threatens the U.S. hemp industry, which supports 475,000 jobs and $64 billion in economic activity, with states like Minnesota having established regulatory frameworks to safely manage hemp products.

• Congress passed a provision banning nearly all hemp-derived products, affecting 95% of the market.
• The ban, added last-minute to a government funding bill, faces opposition from industry and states like Minnesota with established regulations.
• Economic impact includes potential loss of 475,000 jobs and $64 billion in industry activity, with Minnesota's hemp market at risk.