Regulatory Overhaul Looms for Hemp Industry as $30 Billion Market Adapts to New Legislation
The recent enactment of the Agriculture, Rural Development, Food and Drug Administration, and Related Agency Act has significantly transformed the landscape for the consumable hemp product industry. With the closing of the so-called “hemp loophole” effective November 12, 2026, the estimated $30 billion market faces substantial regulatory adjustments and challenges. This legislative shift compels businesses…