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 trend of cannabis legalization is not a straight shot but rather a tortuous track with twists and turns in the form policy revisions. Cannabis policy is infinitely iterative, with lots of updates needed to address unforeseen obstacles. The current movement in state legislatures to ban psychoactive hemp-derived cannabinoids is a good example.
The ire of lawmakers has been building, but it has taken some legislatures over three years to address the issue. In many cases it is handled with an outright ban, with little nuance to the policy. Only a select few states have chosen to regulate hemp-derived cannabinoids, which is a progressive move given the health implications of extracts and isomers.
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