05.17.2024
Uncertainty with 45z tax credit may affect Q1 2025 biofuel contracts
The expiring BTC provides a one dollar per gallon blenders credit up front with an additional 30 to 40 cents of credit to producers on the backend. Crimson...
The cannabis industry is not monolithic, with distinct interests on either side of the THC regulatory divide. Marijuana stakeholders resent the regulatory advantage that hemp operators have. Intoxicants like delta-8 THC are far more profitable than highly regulated and specially taxed flower or delta-9 THC type extracts. Some states are regulating and taxing hemp-derived cannabinoids, but others are taking a laissez-faire approach to this product category.
In active state cannabis markets like California, Oregon, and Colorado, delta-8 THC faced far stronger headwinds than states with no legal marijuana markets. Even smokable hemp saw early aggressive pushback by cannabis lobby in California, a product with no purported intoxicating benefits.