AGP Executive Report
Last update: an hour agoFederal Hemp Rules: A Congressional Research Service report says restrictions on hemp products containing cannabinoids that cannot occur naturally in cannabis, including THC-O, take effect Nov. 12. Affected products could face federal controlled-substance rules, while the FDA still has not published required cannabinoid lists. Congressional Proposals: A Republican lawmaker wants hemp-product rules added to a tax bill. Separately, Rep. Steve Cohen’s bill would overhaul drug scheduling, move key decisions toward health officials and remove marijuana from the federal scheduling system. Tax Uncertainty: Missouri cannabis businesses are still waiting for IRS guidance on how medical marijuana’s rescheduling affects federal tax deductions, leaving potential relief unclear. State Oversight: Wisconsin lawmakers are under pressure to regulate intoxicating hemp products, with calls for age limits, testing, labeling and seller licenses.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.