Verde Compliance Partners

Proposed Ohio Hemp Ban: Why We Need Smarter Regulations This week, Ohio introduced Senate Bill 326, aiming to ban the sale of “intoxicating hemp products.” The bill, which includes an emergency clause, is intended to address safety concerns around unregulated hemp products. While there’s no question that unregulated sales pose a risk, an outright ban on all hemp-derived products may be too blunt an approach, risking harm to an emerging industry committed to responsible practices. One core issue is that currently, selling hemp doesn’t require a license, leading to inconsistencies in product safety and oversight. A more balanced path forward could involve creating a licensing system for hemp sales modeled on Ohio’s established alcohol beverage regulation framework. Licensed alcohol beverage vendors have proven their ability to manage adult intoxicating products responsibly and would be well-suited to incorporate hemp products into their operations. Effective regulation can support both public safety and consumer freedom. Rather than removing access, introducing licensing requirements, potency caps, labeling standards, and rigorous testing would give consumers safe options while allowing the legal hemp industry to thrive. We can protect public health and respect personal choice without dismantling a promising sector. As a consultant in both the hemp and beverage industries, I advocate for policies that support safety and industry growth. This bill presents an opportunity to engage lawmakers in crafting thoughtful, enforceable regulations that uphold Ohioans’ safety and freedoms. https://lnkd.in/eYCBpFPj

Breaking News for the Hemp Industry: Senator Rand Paul Introduces the HEMP Act of 2024 As the Executive Director of Verde Compliance Partners, I'm excited to share details about a new bill that could significantly impact our industry. Senator Rand Paul has introduced the Hemp Economic Mobilization Plan (HEMP) Act of 2024, proposing key changes to federal hemp regulations: 1. Increasing the legal THC threshold for hemp from 0.3% to 1% 2. Shifting testing focus from hemp flower to final products 3. Addressing transportation documentation issues These changes could provide much-needed flexibility for hemp businesses and potentially open up new opportunities in the market. At Verde Compliance Partners, we're closely monitoring these developments. Our team of experts is ready to help you navigate these potential changes and ensure your business remains compliant while taking advantage of new opportunities. Whether you're a grower, processor, or retailer in the hemp industry, now is the time to prepare for possible regulatory shifts. Let's connect to discuss how we can help position your business for success in this evolving landscape. #HempAct2024 #CannabisRegulation #HempIndustry #ComplianceMatters #VerdeCompliancePartners #AgriculturalLaw #CannabisPolicy Interested in learning more? Contact us at: [email protected] https://lnkd.in/gWTgWq4D?

Exciting news for the cannabis industry! Vice President Kamala Harris has publicly stated her support for marijuana legalization as the Democratic presidential nominee. This marks a significant step towards potential federal reform and could reshape the regulatory landscape for cannabis and hemp businesses. At Verde Compliance Partners, we view this development as highly positive. Federal legalization could open up new opportunities and simplify compliance for many in our industry. However, it also means preparing for a shift in regulations and permitting processes. Are you ready for these potential changes? Verde Compliance Partners can help. Our team of experts, with decades of experience in federal regulatory compliance, can guide your cannabis or hemp business through: ? Federal permitting processes ? Taxation compliance ? Regulatory navigation ? Operational compliance Don't wait for changes to catch you off guard. Let's work together to position your business for success in this evolving landscape. Read more about Harris's stance here: https://lnkd.in/gA8De5Y6? #CannabisLegalization #HempIndustry #ComplianceMatters #VerdeCompliancePartners #MarijuanaPolicy #CannabisRegulation #FederalLegalization

Yikes Are these guys actually following in the footsteps Elizabeth Holmes and Sam Bankman-Fried? #garymarcus #openAI

FYI this is the SECOND study released in the last week showing that teen cannabis use has DECLINED as more states implement legal and reasonably regulated cannabis systems. #cannabislaw #cannabisnews https://lnkd.in/eDm-2ABV?

Ten bucks say that this guy's hedge fund is invested in Big Pharma, Big Med, the insurance industry, or any combination thereof. #legalcannabis #cannabisnews https://lnkd.in/e4_mai33?

A legal, regulated cannabis industry REDUCES teen use. Ohio is on board, now the federal government should follow suit. #cannabislaw #cannabisnews https://lnkd.in/eUBnCXJC?

More evidence that a legal and reasonably regulated cannabis industry is part of the solution to the opioid crisis. #cannabisnews #cannabisindustry https://lnkd.in/eSxCBKS5?

And the cannabis industry wonders why people don't take them seriously. #cannabislaw #cannabisnews https://lnkd.in/ejCbqype