A Republican senator said he hopes to introduce bipartisan legislation in Congress this week to avert what he called the “catastrophe” of the federal recriminalization of THC hemp products set to take effect later this year.
Sen. Rand Paul (R-KY) said in an online town hall meeting Tuesday that hemp has “become a billion-dollar industry” since products containing less than 0.3 percent delta-9 THC by weight of the drug were federally legalized under the 2018 Farm Bill signed by President Donald Trump in his first term.
But late last year, Trump signed new legislation that would redefine hemp in a way that advocates say will destroy the industry, so that only products with a total of 0.4 milligrams of THC per container will remain legal.
“I regret that the government is trying to destroy this industry, but I’m doing everything I can and working with a Democratic senator to ensure that if your state decides to regulate hemp, state law would supersede federal law, which is really the way it should be,” Paul said.
The GOP senator said he and Sen. Amy Klobuchar (D-MN) plan to introduce legislation “I think will be introduced this week” to address the sweeping federal ban that will take effect in November for states.
“It’s in the Agriculture Committee, and they do the Farm Bill. Our hope is that it can get a vote in committee to try to attach it to the Farm Bill,” Paul said of the upcoming hemp relief bill. “We have our fingers crossed, but it’s difficult for those in the business now, because it’s a crop, it has to be planted, and if it’s going to be illegal in November, farmers are asking if they have to plant it this year.”
The text of the Paul-Klobuchar hemp bill has not yet been made public, but a source told Marijuana Momenti on Thursday that its provisions would allow states to opt out of the federal hemp THC recriminalization policy and allow interstate commerce among themselves.
Paul, for his part, said at this week’s town hall meeting that “Kentucky has a successful hemp industry.”
“There are new startups now. They’ve scaled up to millions of dollars,” he said. “And it’s been good for Kentucky. It’s good for Kentucky farmers. It’s like tobacco, not as big as tobacco, but like tobacco, and I think we should expand it.”
Check out Paul’s full hemp comments starting around 41:50 in the video below:
Paul previously said that in November last year his hemp reform bill could be introduced in daysbut that didn’t happen.
Other members of parliament have introduced legislation delaying the scheduled recriminalization of hemp THC productsbut these efforts have not gained strength with the Congress leadership.
Meanwhile, this month the Trump administration launched a new initiative Cover up to $500 of hemp-derived products annually for eligible Medicare patients. The program being implemented by the Centers for Medicare and Medicaid Services (CMS) focuses largely on CBD, but also allows a certain amount of THC in products.
Anti-marijuana organizations filed a lawsuit against the Medicare hemp coverage policyand Health and Human Services attorneys. Robert F. Kennedy Jr. and CMS Director Mehmet Oz recently He submitted a letter requesting the filing of the case.
Meanwhile, the White House Management and Budget Office has held a series of meetings a Food and Drug Administration (FDA) CBD product enforcement policy.
The FDA also issued guidance making it clear that it does not intend to interfere Establish a Medicare coverage plan for hemp-derived products.
CMS finalized a rule that will be adopted separately Coverage of certain hemp products, primarily as specialized health-related benefits, through Medicare Advantage the plans
As hemp products become more popular among consumers, some big brands are trying to get in on the action.
The main retailer Target, for example, is expanding its market share of hemp-derived THC beverages. Last year, the company began a pilot program in 10 stores in Minnesota that sell cannabis drinks. That apparently went well, and now the company has secured licenses from Minnesota regulators to sell lower-potency edible hemp products — including THC drinks — in 72 stores in the state.