Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Smokable Hemp Bans Build Momentum

 

Hemp flower bans are emerging in a number of states, including many of the new hemp farming states coming online in 2020, like Georgia, Texas, and Louisiana.  Now Iowa has joined the ranks of states that have banned smokable hemp, for the same reasons as other state governments.  It is perceived as essentially legalizing MJ.  Georgia law enforcement made news in the fall when they stopped citing citizens for small amounts of smokable cannabis.  This was very controversial there and the legislature has intervened.  Iowa’s new rules impose penalties and restrictions on any harvested hemp used for inhalation such as cigarettes, vaporizers and flower. Stores caught selling smokable hemp products and consumers found using them could face prosecution, including up to a…

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12.20.2024

45z guidance fails to appear; government scrambles to pass spending bill

45z guidance fails to appear; government scrambles to pass spending bill

The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...

12.20.2024

US animal fats and oils end week softer across the board ahead of holiday slowdown

US animal fats and oils end week softer across the board ahead of holiday slowdown

Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...

12.20.2024

December cattle on feed down on month, year

December cattle on feed down on month, year

Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.

The only significant price...

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