Sep 27, 2024, 1:05 PM
Sep 27, 2024, 1:05 PM

Senator Rand Paul proposes tripling hemp THC cap to boost industry

Highlights
  • Senator Rand Paul introduced the HEMP Act to increase the THC limit for hemp from 0.3% to 1%.
  • The legislation aims to simplify testing processes and clarify transportation guidelines for hemp products.
  • This proposal reflects a broader debate in Congress about the regulation of the growing hemp industry.
Story

On Thursday, Senator Rand Paul (R-KY) introduced the Hemp Economic Mobilization Plan (HEMP) Act, which aims to relax federal regulations on hemp by increasing the allowable THC content from 0.3% to 1%. This legislative move is intended to redefine hemp and simplify the testing process, focusing on finished products rather than raw hemp flower. Senator Paul emphasized the need to alleviate bureaucratic constraints that hinder the growth of the hemp industry, which is vital to Kentucky's agricultural economy. The HEMP Act also proposes clearer guidelines for transporting hemp, requiring valid licenses or certificates to prevent law enforcement from mistakenly seizing legal hemp. This proposal comes at a time when the hemp industry is grappling with regulatory challenges and health concerns related to psychoactive products. Amidst competing legislative efforts, including a more stringent bill from Senator Ron Wyden (D-OR), Paul's deregulatory approach highlights a growing divide in Congress regarding the best way to regulate the expanding hemp market. As the industry continues to grow, the HEMP Act aims to provide the necessary support to ensure its economic potential is fully realized while addressing safety concerns associated with hemp-derived cannabinoids.

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