Senator Rand Paul blocks hemp THC ban in agriculture bill

🚨 HUGE news in the hemp THC industry: the federal agriculture bill has been refined to REMOVE language that would have thwarted the category. The industry lives on and will continue to grow! The new agriculture spending bill originally included language that would have essentially fully banned hemp THC and been a kill shot to the exciting and fast-growing industry. Senator Rand Paul (R-KY) successfully fought and ultimately blocked/removed the language after threatening to hold up the entire appropriations process. This is a HUGE win for the industry as it continues its explosive growth and perhaps more importantly, its path to a clear and commercially reasonable regulatory framework. 💡🥃 Hemp THC is, and should continue to be treated like, a part of the broader alcohol industry framework. The regulations, distribution channels, and broader public policy should mirror what has worked in booze for decades. This adjustment to the bill is a good first step! (It's worth noting that the hemp ban language remains in the House version of the bill, so we're not completely out of the woods yet. The industry will need to stay vigilant as the final legislation takes shape.) Overall a huge win for what will continue to be one of the most exciting industries in the broader vice space. Don't bet against booze/vice! CC Top Shelf Ventures