Blockchain Registration Transaction Record
Hemp-Derived THC Faces Nationwide Ban in Federal Shutdown Bill
Federal bill ending shutdown includes clause to ban hemp-derived THC products nationwide, impacting fast-growing market and companies like Canopy Growth Corp. CNW420 reports.
This news matters because it represents a major regulatory pivot that could dismantle a fast-growing, multi-billion dollar market almost overnight, affecting consumers, retailers, and investors. For consumers, it means potential loss of access to popular hemp-derived THC products that have become widely available in convenience stores. For businesses and investors in companies like Canopy Growth Corp., it introduces significant uncertainty and risk, potentially wiping out value in a sector that had been expanding rapidly. The ban highlights the ongoing tension between federal drug policy and state-level cannabis legalization, setting a precedent that could influence future legislation on marijuana and hemp products. This regulatory shift could also impact public health discussions, economic opportunities in agriculture and retail, and the broader trajectory of cannabis normalization in the United States.
| Blockchain | Details |
|---|---|
| Contract Address | 0xeA2912a8DA1CD48401b10cB283585874d98098F4 |
| Transaction ID | 0x33634a692b0d3445b8885b5ffd6f7ac07f45bd84a51e2d8bc18cea82b35bfb5a |
| Account | 0xdBdE7c76e403a5923F3dD4F050Dbbf5c2077BB20 |
| Chain | polygon-main |
| NewsRamp Digital Fingerprint | lambTzZU-742bdc4f6202b1d3bb7e0f80c90586e3 |