**Why it matters:**
The newly proposed regulations for the hemp industry in Tennessee are feared to threaten the viability of hemp growers and retailers in the state. The regulations would require products to have less than 0.3% THC in all its forms, which would make many of the current hemp products illegal. This could have a significant impact on the industry and its sales.
**What they are saying:**
Representatives of hemp businesses argue that the new regulations go beyond what is required by law and are excessive. They claim that the rules are regulating them out of business and creating a new definition of hemp outside of the law. Farmers and growers are concerned about meeting the rigorous standards for growing and the additional standards for products to be sold. They believe that the rules would wipe out the industry for THCA and CBD flower in Tennessee.
**The big picture:**
The proposed regulations for the hemp industry in Tennessee are causing concern among growers and retailers. The rules could potentially make many products illegal and threaten the viability of businesses in the industry. This could have a negative impact on the state’s hemp industry, which generates around $200 million per year in sales. The Department of Agriculture’s scheduled hearing and the public comment period will likely see significant feedback from industry stakeholders and consumers who rely on hemp products.
**What to watch:**
The proposed regulations are set to go into effect in July, but the Department of Agriculture has stated that the date could be delayed if the regulations are not finalized. A hearing on the proposal will be held on February 6, and public comments are currently being accepted. The response from industry stakeholders and consumers during the comment period and the outcome of the hearing could potentially influence the final rules and their impact on the industry.
**Takeaway:**
The proposed regulations for the hemp industry in Tennessee have sparked concern among growers and retailers who fear that the rules go beyond what is required by law and threaten the industry’s viability. The regulations could make many current hemp products illegal, impacting sales and potentially causing businesses to close. The industry is rallying together to challenge the regulations through public comments and possible litigation. The outcome of these efforts and the final rules will be crucial for the future of the hemp industry in Tennessee.
