1. Federal Regulation & Hemp-Derived THC Under Scrutiny
A significant development this week: a coalition of 39 state attorneys general wrote to Congress urging a ban on intoxicating hemp-derived THC products (delta-8, delta-10, THC-O and similar) arguing they undermine regulated cannabis markets and pose public health risks.
At the same time, the U.S. Supreme Court has taken up a case that could determine whether federal firearm prohibition applies to cannabis users (“unlawful users” under 18 U.S.C. § 922(g)(3)).
2. Growth of THC-Infused Beverages Meets State-Level Crackdowns
A growing trend: THC-infused beverages (especially hemp-derived) are projected to hit billions in sales nationally, and in states like Missouri alone the market could reach ~$75 million annually. But regulators are already pushing back.
3. Executive Leadership Moves in Cannabis
In leadership news, CULTA (a Maryland-based cannabis firm) appointed Joseph Andreae as CEO, signaling emphasis on craft, quality and local community.
4. Legal Cannabis Industry Seeks Tax Relief
In Michigan, the legal cannabis industry has asked a court to pause a new 24% wholesale excise tax scheduled for January, arguing it would devastate existing businesses.