Federal ban on hemp-derived products stuns Illinois businesses, threatening livelihoods.
Illinois hemp farmers and business owners are facing financial ruin after a last-minute provision in the spending bill that reopened the federal government. The new law limits the sale of many hemp-derived products to cannabis dispensaries, effectively shutting down many small-scale operations. According to local hemp farmers, this move could decimate their businesses, leaving them with no choice but to close or significantly scale back their operations.
"This bill would pretty much destroy my entire farm operation," said Amanda Montgomery, owner of AM and PM Hemp Farm in Kirkland. "It's unnecessary and cruel."
Montgomery explained that the hemp industry has long called for regulations on its products, but the federal ban has come out of nowhere, with little opportunity for businesses to voice their concerns.
Business owners like Jeremy Dedic from Cubbington’s Cabinet are also feeling the effects, as the new rule would make it nearly impossible to produce safe consumable products.
"This new rule would essentially close my store and all the businesses I source products from," said Dedic. "It's going to be devastating for this industry."
The federal ban on hemp-derived THC products has left state lawmakers with little to do but welcome federal guidelines that clarify the legal gray area around these products.
State Rep. La Shawn Ford, who had been pushing for regulations like age limits, testing standards, and packaging requirements, expressed frustration at the lack of action from his own party.
"I'm really sorry that the state even allowed for this type of business to exist," he said. "We could've banned this before it got out of control."
Ford also highlighted the loss of potential tax revenue for Chicago Mayor Brandon Johnson, who had been banking on $10 million in city revenue from regulating hemp products to help close a billion-dollar budget shortfall.
Chicago officials are working closely with City Council members and federal authorities to find alternative ways to address this shortcoming.
Illinois hemp farmers and business owners are facing financial ruin after a last-minute provision in the spending bill that reopened the federal government. The new law limits the sale of many hemp-derived products to cannabis dispensaries, effectively shutting down many small-scale operations. According to local hemp farmers, this move could decimate their businesses, leaving them with no choice but to close or significantly scale back their operations.
"This bill would pretty much destroy my entire farm operation," said Amanda Montgomery, owner of AM and PM Hemp Farm in Kirkland. "It's unnecessary and cruel."
Montgomery explained that the hemp industry has long called for regulations on its products, but the federal ban has come out of nowhere, with little opportunity for businesses to voice their concerns.
Business owners like Jeremy Dedic from Cubbington’s Cabinet are also feeling the effects, as the new rule would make it nearly impossible to produce safe consumable products.
"This new rule would essentially close my store and all the businesses I source products from," said Dedic. "It's going to be devastating for this industry."
The federal ban on hemp-derived THC products has left state lawmakers with little to do but welcome federal guidelines that clarify the legal gray area around these products.
State Rep. La Shawn Ford, who had been pushing for regulations like age limits, testing standards, and packaging requirements, expressed frustration at the lack of action from his own party.
"I'm really sorry that the state even allowed for this type of business to exist," he said. "We could've banned this before it got out of control."
Ford also highlighted the loss of potential tax revenue for Chicago Mayor Brandon Johnson, who had been banking on $10 million in city revenue from regulating hemp products to help close a billion-dollar budget shortfall.
Chicago officials are working closely with City Council members and federal authorities to find alternative ways to address this shortcoming.