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420 with CNW — New Congressional Bill Seeks to Regulate Instead of Banning Hemp

Bipartisan lawmakers have introduced new legislation aimed at setting federal rules for consumable hemp products, providing an alternative to the broad THC prohibition that became law late last year under a spending package signed by President Donald Trump. 

The administration has also signaled plans to explore a Medicare pilot program that would allow some beneficiaries to receive non-intoxicating CBD at no cost with a doctor’s recommendation. These developments on Capitol Hill are likely to be of interest to not just the hemp industry but also marijuana industry actors like SNDL Inc. (NASDAQ: SNDL)…

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About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsWire
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