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