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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09.06.2024
Signs of US economic downturn send ULSD prices to 3-year low
Shifting economic conditions are raising the possibility of a US recession. The US Bureau of Labor Statistics (BLS) released the jobs report on Friday September 6, which showed that...
09.06.2024
US fat market slides on pressure from soybean oil, energy complex
Used cooking oil (UCO), distillers’ corn oil (DCO) and yellow grease all traded lower on Friday September 6 due to pressure from the sinking heating oil and soybean oil...
09.06.2024
Sluggish trade volume keeps weekly animal protein prices flat
US animal protein prices were steady on Friday September 6, with market participants indicating light traded volumes for products.
Weekly wrap-up
Prices for US animal proteins were little...