States continue to deal with the fallout of intoxicating hemp cannabinoids like delta-8 THC. This market is entering a new enforcement phase that may yield some legal precedent, but that will come on the back of arrests and litigation. The risk is growing.
Law enforcement has turned their gaze to dispensaries and smoke shops selling CBD and delta-8 THC, causing many shop owners to reevaluate the risk. Virginia recently implemented a new law governing cannabinoid sales with strict limits on total THC content and mandates a 25 to 1 CBD to THC ratio. A Chesapeake, VA shop was recently fined $13,000 in civil penalties for mislabeling hemp derived products and lacking proper permitting.
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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...
12.20.2024
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
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...