Is the Legal Intoxicating Hemp Market in Peril?

Originally aired: October 23rd

In mid-September, California Governor Gavin Newsom issued an emergency rule to ban the sale of hemp products that contain THC. The governor claimed the move was meant to “close loopholes” and keep “dangerous hemp and cannabis products” out of the hands of children.

Newsom’s emergency rule follows similar measures put forth by political leaders in other states and may signal that a major shift is underway in terms of how the public and state authorities relate to intoxicating hemp products.

In this on-demand Rootwurks webinar, you can hear Shawn Hauser, partner at the cannabis law firm Vicente LLP, discuss the current state of the legal hemp market and what new hurdles hemp companies may face in the coming year.

About This Webinar

A recent study asserted that the intoxicating hemp-derived products market should expand to $3.5 billion per year by 2028, with a compound annual growth rate of 5%. But the industry's growth comes despite the recent efforts that government leaders in states such as California and Missouri are pursuing efforts to severely restrict or outright ban these products. On October 23rd, we hosted Shawn Hauser, partner at the cannabis law firm Vicente LLP, for an in-depth discussion on the latest issues facing the legal hemp industry and how the political and regulatory environment surrounding hemp appears to be changing. Check out all the takeaways by registering below.

Is the Legal Intoxicating Hemp Market in Peril?

Who Can Benefit?

The hemp market in the U.S. provides countless opportunities for entrepreneurs and industry professionals of all types. This webinar benefits viewers who want to learn more about the legal hemp market and the regulatory changes that could affect intoxicating hemp products and the hemp industry as a whole.

Topics Discussed

- The state of the legal hemp market today
- How recent initiatives by state leaders could cause problems for the industry
- How the compliance guidelines differ for hemp and cannabis
- Why some cannabis companies have migrated to legal hemp
- What effect - if any - rescheduling could have for the hemp industry
- How much less complicated is it to operate a business in hemp than in cannabis
- How intoxicating hemp products are affecting the legal cannabis industry
- What changes do we expect to see for hemp regulations in the coming year
- How the US Farm Bill could be updated moving forward

Meet Your Speakers

Shawn Hauser | Partner | Vicente LLP

Shawn Hauser is a partner at Vicente LLP, where she co-chairs the firm's Hemp and Cannabinoids Department and Federal and International Law Group. In her role, she helps cannabis, hemp, and psychedelic businesses navigate the intersections between state and federal law and ensure compliance as laws evolve. Her practice focuses on regulatory compliance, licensing, general business representation, policy reform and strategic guidance to best position businesses for success at the state, national, and international levels.

Hosted by Rootwurks

Rootwurks, founded by veterans with more than 100 years of combined knowledge and experience in compliance and safety training, provides e-learning and risk management solutions for companies facing complex compliance challenges. Our Learning Experience Platform (LXP) equips businesses in industries like cannabis and food production with the tools and training to meet crucial safety demands.

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