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WASHINGTON D.C. – Today Sen. Ron Wyden, D-Ore., introduced the Cannabinoid Safety and Regulation Act. This legislation would direct the Food & Drug Administration and the Alcohol Tax Tobacco & Trade Bureau to regulate intoxicating products made from hemp, which are already legal across the United States.
Congress approved the 2018 Farm Bill, which legalized hemp and hemp products derived from hemp containing less than 0.3% of THC. However, it did not implement any regulatory framework for these products. Sen. Wyden’s legislation aims to correct this lack of clarity.
The Cannabinoid Safety and Regulation Act would prohibit the sale and marketing of products containing intoxicating compounds, such as THC to minors younger than 21. The bill also prohibits the use dangerous chemicals in the manufacture of hemp products, and creates rules to test and label these products for sale to adults.
The full text of the Cannabinoid Safety and Regulation Act is available. Here is a link to the article A summary of the bill can be found Here is a link to the article.
According to estimates, the total market size for hemp-derived cannabinoids in the United States is expected to reach $28,4 billion by 2023. Report Whitney Economics, a leading cannabis economics firm. This is the same as the craft beer industry in the United States.
September 25, 2024
Wyden Introduces legislation to clean up the hemp market, keep products out of kids’ hands
Washington, D.C. — U.S. Senator Ron Wyden (D-Ore.) introduced the Cannabinoid Safety and Regulation Act (CSRA) establishes national standards to protect the public health and safety, and keep cannabis products away from children.
You can also find out more about the following: CSRA The legislation would set a national restriction on the purchase of cannabis products derived from hemp by those under 21. The legislation would require all hemp-derived product to be tested for safety, and manufactured using clean and secure processes. The legislation would require that all hemp-derived products be tested for safety and are manufactured using clean and safe processes. CSRA The FDA would be required to recall or ban any cannabis product that contains harmful chemicals or additives.
““Just like the tobacco industry markets cigarettes to young people. Nobody should be slapping glitzy candy packaging and fun cartoons on cannabis products for adults.” Wyden said. “A federal minimum for hemp products regulation is non-negotiable. This will ensure that consumers won’t be put at risk by products of unknown origin and untested.” My legislation will ensure adult consumers know exactly what they are getting and that hemp products never get sold or marketed towards children.
Since the 2018 Farm Bill legalized hemp production in the United States, unsafe and unregulated cannabis products are flooding the market. The FDA has not regulated the manufacturing, packaging and labeling of hemp-derived products. This has led to a massive increase in the production and sale of hemp products that are imitating candy or kids’ snack, contain harmful chemicals or additives or are falsely labeled. A federal regulatory floor will help to close the regulatory gap between states, despite some states’ efforts to implement testing, labeling and processing standards. The CSRA The bill would allow states to expressly prohibit, limit or regulate hemp-derived products in addition to the provisions of the bill.
Jeff Merkley (D-Ore) is a co-sponsor of the bill.
You can also find out more about the following: CRSA The U.S. Hemp Roundtable is endorsed by National Cannabis Industry Association and National Industrial Hemp Council. Hemp industry associations are also present in California, Colorado Arizona, Michigan, Illinois Kentucky, Missouri, South Dakota Virginia and Texas.
“The hemp industry has united behind a simple and commonsense proposition: Hemp should be robustly regulated rather than the subject of an misguided ban. Senator Wyden’s legislation is a critical step in ensuring that hemp products are safe and that minors cannot access them. The US Hemp Roundtable, along with dozens of hemp organizations, endorses this legislation as we stand and cheer for Senator Wyden’s continued stewardship, leadership, and look forward to working closely with him over the next few months as this bill develops and transforms. said Jonathan Miller, General Counsel at U.S. Hemp Roundtable.
“For too long federal inaction has fostered a unregulated market for hemp THC, endangering public safety and creating unfair competition for cannabis businesses that are regulated. We look forward working with Senator Wyden on the Cannabinoid Safety and Regulation Act Because it solves this issue by implementing commonsense measures to ensure that intoxicating hemp products will be tested, properly labelled, and not made accessible to minors, while creating a pathway to allow manufacturers to provide safe products to adults via a regulated frame,” Aaron Smith, CEO of the National Cannabis Industry Association.
The US Hemp Roundtable has something to say
Senator Ron Wyden, D-OR, announced the Cannabinoid Safety and Regulation Act this afternoon at a congressional meeting hosted by the US Hemp Roundtable. This important legislation, linked to Here is a link to the article, would protect small businesses, hemp farmers, and consumers by creating a federal regulatory framework to provide hemp products. The approach includes four pillars, including: restricting youth access, increasing quality control standards, standardizing labeling, and standardizing packaging.
The bill boasts of the endorsement More than two dozen nonprofit organizations have pledged their support to the hemp industry.
Jonathan Miller, the Roundtable General Counsel, stated:
“The hemp industry has united behind a simple and commonsense proposition: Hemp should be regulated robustly, not subject to a misguided ban. The Cannabinoid Safety and Regulation Act is designed to do just that, imposing strict health and safety standards on hemp products and ensuring they are not in the hands of children. The US Hemp Roundtable, along with dozens of hemp organizations, endorses this legislation as we stand and cheer for Sen. Wyden’s continued stewardship, leadership, and look forward to working closely with him over the next few months as this bill develops and transforms.
Use our handy tool for hemp supporters You can find out more about this on the website. Send an email to your US Senators urging them not to oppose the Cannabinoid Safety and Regulation Act. Together, we can ensure hemp products are not banned, but instead robustly regulated.
The bill text is Here is a link to the article. The one-pager is Here is a link to the article. The section-by -section is Here is a link to the article.
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