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Trump's Hemp Ban Could Cost 300,000 Jobs Nationwide

11/15/2025

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Summary

Story summary

U.S. President Donald Trump signed new federal hemp regulations on November 12, banning most THC products nationwide, including Wisconsin.
The law sets THC content at 0.4 milligrams per container, closing a loophole from the 2018 Farm Bill.
The U.S. Hemp Roundtable warns the ban could eliminate 95% of the market, risking 300,000 jobs and $1.5 billion in state tax revenue.

History

Historical Context

The 2018 Farm Bill, signed into law on December 20, legalized hemp production in the U.S., reviving an industry that had been largely dormant since the 1950s. This legislation, which followed years of advocacy and regulatory changes, created an estimated 300,000 jobs and a market valued at $1.5 billion. However, federal regulations enacted in November 2021 threaten to drastically reduce this market.

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Story summary

U.S. President Donald Trump signed new federal hemp regulations on November 12, banning most THC products nationwide, including Wisconsin.
The law sets THC content at 0.4 milligrams per container, closing a loophole from the 2018 Farm Bill.
The U.S. Hemp Roundtable warns the ban could eliminate 95% of the market, risking 300,000 jobs and $1.5 billion in state tax revenue.

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