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 entire definition of hemp is underpinned by a .3 percent THC limit that is completely arbitrary. We’ve heard stories about how the figure came to be, with the most likely origin being part of Canada’s efforts to normalize hemp production.
When the 2018 Farm Bill was passed, hemp stakeholders could not see around the corner, viewing the .3% figure within the context of political expediency. As the hemp-derived cannabinoid segment emerged as the key market segment for hemp, the .3 percent limit became an immediate issue.
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