Kansas Proposes Harsh Penalties For Hemp THC Levels
In Kansas, a proposed amendment could significantly impact hemp farmers by introducing severe penalties for THC content exceeding 1%. State law mandates hemp THC levels be under 0.3%, but the new proposal suggests imprisonment for levels above 1%. Critics argue this could unfairly penalize hemp producers, complicating the industry’s legal landscape.
This move has sparked concern among legislators, who question the fairness and target of these potential penalties, highlighting the difficulties law enforcement faces in distinguishing between legal hemp and illegal marijuana.
Interested in the latest developments in the industry? Stay abreast at the upcoming Benzinga Cannabis Capital Conference in Florida on April 16-17. The two-day event at The Diplomat Beach Resort is a chance for entrepreneurs, both large and small, to network, learn, and grow. Get your tickets now on bzcannabis.com – Prices will increase very soon!
Nebraska Adjusts Hemp And CBD Tax Rate
Nebraska’s legislature has amended a bill, significantly lowering the proposed tax on hemp and CBD products from 100% to 25%.
Despite the reduction, this rate remains substantially higher than typical state sales taxes on federally legal products. The bill also includes broader tax reforms and adjustments, sparking debate over the balance between regulatory oversight and industry support.
Minnesota’s Cannabis Market Faces Licensing And Supply Challenges
Minnesota’s…
