Hemp, an engine for innovation and economic advancement, faces significant threats. We stand at a pivotal moment for a new and burgeoning American industry based on producing, manufacturing and selling hemp products. Neglecting to underpin it with laws and regulations that maximize hemp's potential could yield devastating consequences for farmers, small businesses and consumers.
You might not be attuned to the current onslaught levied against American hemp farmers and small businesses. Detractors of hemp-based products, which range from gummies and topical creams to seltzers and tinctures, argue that these goods have leveraged legal "loopholes" and that they are unregulated. The loudest anti-hemp voices come from companies and organizations whose products directly compete with hemp.
