The U.S. Hemp Roundtable has condemned the latest proposed Senate language to recriminalize hemp products ,something that the group called "a harmful decision by Congress that threatens to eliminate America's $28.4 billion hemp industry and jeopardizes more than 300,000 American jobs."
"If passed, this legislation would wipe out 95% of the industry, shuttering small businesses and American farms while costing states $1.5 billion in lost tax revenue," the group said in a statement.
"Despite misleading claims this language protects non-intoxicating CBD products, the reality is that more than 90% of non-intoxicating hemp-derived products contain levels of THC that are greater than the proposed cap of .4 mg per container. As a result, seniors, veterans, and many other consumers who depend on hemp for their health and well-being would be violating federal law to purchase these products, disrupting their care and leaving them scrambling for potentially harmful alternatives.
"While Congress pushes forward with this hemp-killing provision, the fight is far from over. Senator Rand Paul (R-KY) is submitting an emergency amendment to strike the hemp ban from the proposed legislation, a move fully supported by the hemp industry. His leadership offers a critical lifeline to thousands of American farmers, entrepreneurs, and consumers, and the industry stands united behind his efforts," the statement continued.
"Our industry is being used as a pawn as leaders work to reopen the government. Recriminalizing hemp will force American farms and businesses to close and disrupt the wellbeing of countless Americans who depend on hemp," said Jonathan Miller, U.S. Hemp Roundtable General Counsel. "We support Senator Rand Paul's efforts to push back on this language and will continue to fight alongside him for a regulated, safe, and robust hemp industry."
For more information:
U.S. Hemp Roundtable
Email: [email protected]
www.hempsupporter.com
