Last Week’s Hemp Commentary
Class Action Suit Alleges Products were not Hemp
As various state legislatures aggressively pursue bans for hemp-derived cannabinoids, a class-action federal racketeering suit was filed in the northern district of Georgia against a dozen California cannabis entities. Plaintiff-lead Hannah Ledbetter claims she was misled by defendants that the products she was purchasing were legal hemp-derived products when they were actually marijuana products.
“Defendants have conspired to import, manufacture, distribute, and possess illegal (delta-8) THC vape pens that are marijuana” and not hemp under federal law, the suit charges. “This scheme could only be accomplished through a pattern of racketeering activity.”
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12.26.2024
East Coast renewable diesel supplies likely to decline: EIA
Renewable diesel supplies on the US East Coast could be cut in half starting in January as the Clean Fuel Production Credit (CFPC) replaces the expiring Blender’s Tax Credit,...
12.26.2024
US animal fats and oils markets mostly stable, with movement only in CWG
The US animal fats and oils markets were largely steady on Thursday December 26 amid limited trade activity due to the Christmas holiday.
The only notable activity observed...
12.26.2024
Avian flu spikes in poultry, cattle sector at end of 2024
US animal protein prices were steady on Thursday December 26, with limited volumes reported to have been traded.
US avian flu update
Year-to-date US poultry headcounts affected by...