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Government shutdown deal will end Minnesota hemp industry

Fox News · Current
Fox News
Fox News
Current

The deal that ended the government shutdown will end the Minnesota hemp industry in one year.

Breakdown
  • The U.S. House passed a funding bill reopening the federal government after a 43-day shutdown.
  • A provision in the bill makes intoxicating hemp products federally illegal, giving Minnesota's hemp industry one year before the ban takes effect. 49s
  • Breweries and liquor stores in Minnesota, which have relied on THC beverages for significant sales, face major business losses due to the upcoming ban. 1m 7s
  • The new law restricts hemp-derived products to licensed cannabis retailers in states with legalized marijuana, excluding liquor stores and traditional banking. 2m 24s
  • Industry members are working on new regulations to address safety concerns, but many are not optimistic about the industry's survival. 3m 10s
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