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Hemp Consumer Products Act passes Illinois Senate

Illinois News Joint

House Bill 4293 , which contains the Hemp Consumer Products Act, passed the Illinois Senate today with a vote of 54-1 (and passed the House 105-0 with one present vote on April 15). HB4293 has arrived back in the House for concurrence on the amendments added while in the Senate, including the Hemp Consumer Products Act.

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Hemp Consumer Products Act transforms Illinois regulations

Illinois News Joint

The battle over hemp regulations in Illinois shifted significantly today when Senate Amendment 002 was included into unrelated House Bill 4293 , which addresses the Massage Licensing Act and the Sex Offender Registration Act. The Hemp Consumer Products Act was referred to Executive , where the amendment was recommended for adoption.

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House adjourns before voting on cannabis omnibus and hemp bill

Illinois News Joint

spring-session deadline yesterday morning but ultimately did not bring either House Bill 4293 , the Hemp Consumer Products Act, nor House Bill 2911 , a cannabis omnibus, to the floor for a vote. The cannabis omnibus and the Hemp Consumer Products Act are still alive and have paths forward. For Illinois News Joint reviews, visit here.

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Senate Coalition Urges SBA to Support Small Cannabis Businesses

NORML

However, SBA’s current policy excludes small businesses with “direct” or “indirect” products or services that aid the use, growth, enhancement, or other development of cannabis from SBA-backed financing. To that end, NORML has called for SBA access to be included in our recently issued policy memo.

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Where the Money Grows: Learning the Industry Trends in Medical Cannabis, Recreational Marijuana, Hemp, and Beyond

Speaker: Jonathan Bench, International Cannabis and Securities Business Attorney at Harris Bricken

Today, many opportunities exist for individuals and businesses that want to engage in the industry. Some want to directly own licensed businesses, while others prefer to keep the industry at an arm’s length and merely profit from it. The ancillary businesses surrounding these industries where people and businesses are profiting.

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Hemp and CBD Businesses Could Be Out in the Cold in Minnesota

Veriheal

In December 2021 the Minnesota Board of Pharmacy declared all CBD and hemp-derived consumables to be illegal in the state. The board’s decision—which was made based on gaps in the 2018 Farm Bill that federally legalized hemp—is outlined in the document from its 901st meeting. Differing Interpretations of Hemp Legality.

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Illinois Hemp regulation battle continues

Illinois News Joint

Stakeholders’ ongoing battle over hemp regulations in Illinois continued this week. Lakesia Collins renewed their call to move forward with their proposals for hemp regulations and taxation ( House Bill 5306 , House Bill 4161 , and Senate Bill 3790 ). New sponsored legislation from Sen. Kimberly A. La Shawn K. Ford and Sen.

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