12.20.2024
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...
Across the country today, extractors, farmers, and traders that are long in hot extracts are strategizing how to respond to the dire risk created overnight by the US Drug Enforcement Administration (DEA). The agency issued its own Interim Final Rule (IFR) yesterday, and it is a significant threat to cannabinoid hemp markets and hemp pricing. Operators are now faced with substantial risk exposure, and while remaining optimistic and engaged in the policy process, should not be cavalier about the threat from DEA.
We have discussed in previous commentary the legal threat of what