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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09.13.2024
Haffner Energy to spin off SAF division as independent company
French-based technology company Haffner Energy will spin off its sustainable aviation fuel (SAF) division into an independent entity called SAF Zero, the company announced on Friday September 13.
09.13.2024
Animal fats and oils markets end week stable to lower as SBO, HO continues decline
Prices for used cooking oil (UCO) were slightly lower on Friday September 13, as the heating oil (HO) and soybean oil (SBO) markets continued to slump, closing out the...
09.13.2024
Lackluster trade volume keeps most animal proteins flat
A quiet tone was noted by most market sources in the US animal proteins market for the week to Friday September 13. The only price adjustments were on bloodmeal,...