The complicated future of Virginia's hemp industry [-UoY2td102J]
On July 1, 2023, a slate of sweeping changes to the hemp industry took effect in Virginia amid a crackdown to better regulate hemp-derived products and consumer goods in the state.
Hemp, while similar to marijuana, tests below 0.3% Delta-9 tetrahydrocannabinol. Because of its lower THC content, hemp-derived products like CBD are often less potent and do not contain as high of a percentage of the psychoactive chemical that gets users "high" from marijuana.
Despite the hemp law changes, it still remains the sole legal game on the market besides medical marijuana, without a legalized recreational marijuana marketplace in the Commonwealth.
Read the full report "Seed to Sale" here:
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