Hemp Legalization & Regulatory News for Hemp Businesses

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The cannabis industry has created around 70,000 jobs in 2020, according to Leafly. That’s double the number that were created in the previous year. Senate Democrats are now pushing to legalize marijuana in the U.S. Frank Holland joins Shep Smith to report. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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A bipartisan bill that was introduced in the U.S. House of Representatives Thursday could push legal CBD through Congress, providing consumer access and protection while clearing the supply chain bottleneck. The Hemp and Hemp-Derived CBD Consumer Protection and Market Stabilization Act of 2021 is sponsored by Representatives Kurt Schrader, a Democrat from Oregon, and Morgan
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A New Mexico district court has invalidated the state’s hemp production rules that allowed regulators to revoke or suspend licenses without notice and imposed strict testing requirements. Santa Fe District Court Judge Bryan Biedscheid said the New Mexico Department of Health’s rules were invalid because the agency failed to consult with the Medical Cannabis Advisory