Hemp Legislation In US & EU, NJ's Social Equity, Louisiana Supports Weed, New Hampshire's Choice & More
Benzinga Empowering CBD & Redefining Industry Standards, New Hemp Legislation
A bi-partisan hemp bill, HR 3755, has been introduced in the U.S. House of Representatives, sponsored by Reps. Matt Rosendale and Chrissy Houlahan. The Industrial Hemp Act of 2023 proposes separating grain and fiber outputs from flower-derived products like CBD while removing background checks and mandatory sampling and testing for hemp fiber and grain growers. It also would prevent states and tribal governments from imposing stricter regulations on industrial hemp growers. According to Hemp Today, the bill maintains FDA control over CBD and other cannabinoids, allowing the agency to establish rules once Congress legalizes such products.
New Jersey Takes Action To Boost Social Equity In Marijuana Market
New Jersey's Cannabis Regulatory Commission has taken a significant step toward promoting social equityin the marijuana market. Starting from September 27for a period of one year, the commission will exclusively consider applications for certain licenses from social equity applicants, wroteNew Jersey Monitor. This initiative aims to increase the representation of individuals with prior marijuana convictions and those residing in economically disadvantaged areas. Commissioner Charles Barker emphasized the need to address the inequities caused by the drug war and ensure that these businesses, which have historically faced obstacles, have a fair chance to thrive in the industry.
