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Author: Raquel
HomeArticles Posted by Raquel
Hemp News Banner
Hemp NewsHemp Regulations
June 19, 2024Raquel

The Detrimental Impact of House File 2605 on the Iowa Hemp Industry

The hemp industry in Iowa is undergoing detrimental changes with the enactment of House File 2605 that will go into effect on July 1, 2024. This law, signed on May 17, 2024, seeks to restrict access to hemp consumables that have been unfairly demonized and are falsely labeled as...
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Hemp NewsHemp Regulations
June 6, 2024Raquel

Introducing the Texas Hemp Business Council: Leading the Way to Protect the Texas Hemp Industry

We are thrilled to announce our support for the establishment of the Texas Hemp Business Council (THBC) (THBC), formed by the esteemed Hometown Hero. This organization is committed to advancing and safeguarding the Texas...
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Hemp News
May 23, 2024Raquel

Amendment to Senate Bill 776: Hemp Industry in Illinois Waiting to Exhale Amid Regulatory Uncertainty

The recent amendment to Illinois Senate Bill 776 (formerly SB 3926 and now an amendment to HB4293), which is scheduled to be heard today, May 23 in Illinois’ Senate Executive Committee is positioned as a regulatory enhancement but it poses significant challenges and existential...
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Hemp News
April 25, 2024Raquel

US Cannabis Council’s Prohibitionist Move Endangers $28 Billion Hemp Trade

The U.S. Cannabis Council (USCC) is pushing for a federal ban on hemp products intended for human or animal consumption that carry detectable THC levels. This prohibitionist push has been revealed during the one-year extension period of the 2018 Farm Bill, which was originally...
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Hemp News
April 18, 2024Raquel

Louisiana’s Hemp Industry Crossroads: Impact of HB 952, SB 237, and SB 495

Louisiana’s senators introduced three notable bills during this legislative session: HB 952, SB 237, and SB 495. These proposed bills are set to create significant changes within the local hemp landscape. While reputable hemp businesses support measures to identify bad actors...
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Hemp NewsHemp Regulations
April 4, 2024Raquel

Georgia Hemp Farming Act – SB 494: A Step in the Right Direction for Hemp

The Georgia General Assembly passed SB 494, relating to the ‘Georgia Hemp Farming Act’, which is now awaiting the Governor’s signature or veto. If enacted, the full scope of the bill will take effect on October 1, 2024, with certain sections being implemented earlier on...
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Hemp News
March 28, 2024Raquel

Nebraska’s Proposed 25% Sales Tax Spike on CBD and Hemp: Navigating the Impact

The hemp industry faces a lot of challenges on a daily basis. Even in states where hemp-derived products are lawful, state and local sales tax obligations present yet another series of requirements to comply with. While these taxes offer a revenue stream for states, it begs the...
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Hemp News
March 7, 2024Raquel

Hemp Industry News Update: Legislative Sessions in Florida, South Carolina, and Georgia

At MC Nutraceuticals, an integral part of our mission is to drive positive change within the hemp industry by prioritizing awareness, advocacy through shaping fair regulations, and the sharing of vital information to support the prosperity of business owners and consumers alike. The...
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