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Senate Delays Hemp
- Senate leaders introduced legislation to postpone the federal ban on hemp-derived THC products.
- The bill extends agency funding and shifts the ban deadline from Nov. 12 to Dec. 11.
- Industry advocates cite the sector’s $28 billion value, 300,000 jobs, and $1.5 billion in state tax revenue as reasons for the delay.
- Senator Ted Budd said he will offer an amendment to remove the extension and keep the Nov. 12 ban.
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