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...
Hemp and derivatives markets are highly fractured, and one of the underlying factors that keeps these markets siloed is a lack of standards and product specifications. It is certainly an obstacle to hemp price reporting, or attributing hemp prices to a specific product. These product specifications aren’t directly related to product safety and best practices, aspects of production that are overseen by regulators typically, but in 2020, this is not so.
Hemp policy issues nationally are a head spinning cacophony of state agencies, legislatures, local municipalities, and then a great big vacuum at the federal level. As far as federal policy goes, any operator in this space must rely in their own good judgment, with rumor and inuendo to round out the available information on where federal policy is headed.
Most look to standards for dietary supplement manufacturing, adhering…