Exporting hemp remains an ongoing challenge

Exporting hemp remains an ongoing challenge

Global trade presents significant headwinds for hemp market participants, even with the incremental progress following hemp legalization in late 2018. This is no surprise, given that hemp businesses with no floral or cannabinoid products have historically struggled to find basic banking services from risk-averse banks.

Some hemp commodities are more challenging to move across borders than others, with raw hemp flower and raw extracts presenting the most risk for seizure. For travelers, there has never been so much risk presented by international travel with cannabis products.

Both delta-8 THC and related isomers, as well as THCA products, would be characterized as illicit cannabis extracts by customs and immigration controls around the world. Only in the US have laws and markets accommodated intoxicating hemp products, making it easy for US citizens to forget it is an illegal narcotic as soon as they leave the…

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