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		<title><![CDATA[IOPList.Org  - The Lounge]]></title>
		<link>https://www.ioplist.org/</link>
		<description><![CDATA[IOPList.Org  - https://www.ioplist.org]]></description>
		<pubDate>Sun, 27 Sep 2026 11:50:46 +0000</pubDate>
		<generator>MyBB</generator>
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			<title><![CDATA[Independence Day in the USA]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8889</link>
			<pubDate>Sat, 04 Jul 2026 12:06:56 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=111">IceWizard</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8889</guid>
			<description><![CDATA[<div style="text-align: center;" class="mycode_align"><span style="font-weight: bold;" class="mycode_b"><span style="font-size: xx-large;" class="mycode_size">The United States is officially commemorating <br />
its Semiquincentennial <br />
(250 years of independence), <br />
marking exactly two and a half centuries since the <br />
adoption of the Declaration of Independence <br />
on July 4, 1776.</span></span><br />
<br />
<br />
<br />
<br />
<br />
<iframe width="560" height="315" src="//www.youtube-nocookie.com/embed/bPodSJ-eBQY" frameborder="0" allowfullscreen="true"></iframe></div>]]></description>
			<content:encoded><![CDATA[<div style="text-align: center;" class="mycode_align"><span style="font-weight: bold;" class="mycode_b"><span style="font-size: xx-large;" class="mycode_size">The United States is officially commemorating <br />
its Semiquincentennial <br />
(250 years of independence), <br />
marking exactly two and a half centuries since the <br />
adoption of the Declaration of Independence <br />
on July 4, 1776.</span></span><br />
<br />
<br />
<br />
<br />
<br />
<iframe width="560" height="315" src="//www.youtube-nocookie.com/embed/bPodSJ-eBQY" frameborder="0" allowfullscreen="true"></iframe></div>]]></content:encoded>
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			<title><![CDATA[Non Fiction Recommendations?]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8880</link>
			<pubDate>Tue, 21 Apr 2026 15:44:26 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=6003">Asmo47</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8880</guid>
			<description><![CDATA[I read a lot but have never really enjoyed non fiction books. Want to start getting something more out of reading than just for pleasure. Anyone have any good recommendations for philosophy, memoirs, or history books? Want to broaden my mind a little bit. Thanks!]]></description>
			<content:encoded><![CDATA[I read a lot but have never really enjoyed non fiction books. Want to start getting something more out of reading than just for pleasure. Anyone have any good recommendations for philosophy, memoirs, or history books? Want to broaden my mind a little bit. Thanks!]]></content:encoded>
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			<title><![CDATA[happy birthday]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8878</link>
			<pubDate>Wed, 25 Mar 2026 00:06:12 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8878</guid>
			<description><![CDATA[happy birthday: StrongLikeBull (47), ragnar33 (36), GG_FL (71)]]></description>
			<content:encoded><![CDATA[happy birthday: StrongLikeBull (47), ragnar33 (36), GG_FL (71)]]></content:encoded>
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			<title><![CDATA[1,249 guests]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8872</link>
			<pubDate>Tue, 10 Mar 2026 18:22:53 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8872</guid>
			<description><![CDATA[1,249 guests wow. no one posting really. any ideas?]]></description>
			<content:encoded><![CDATA[1,249 guests wow. no one posting really. any ideas?]]></content:encoded>
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			<title><![CDATA[He May Have Himself a Number 1 Spot on Billboard!!]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8868</link>
			<pubDate>Sun, 08 Feb 2026 20:13:07 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=111">IceWizard</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8868</guid>
			<description><![CDATA[<div style="text-align: center;" class="mycode_align"><iframe src="//player.vimeo.com/video/1163064572" width="500" height="375" frameborder="0" allowfullscreen="true"></iframe></div>]]></description>
			<content:encoded><![CDATA[<div style="text-align: center;" class="mycode_align"><iframe src="//player.vimeo.com/video/1163064572" width="500" height="375" frameborder="0" allowfullscreen="true"></iframe></div>]]></content:encoded>
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			<title><![CDATA[The Random Thread ~ Post Random Thoughts Here]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8867</link>
			<pubDate>Tue, 03 Feb 2026 02:19:29 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=4264">Lavender</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8867</guid>
			<description><![CDATA[... Somebody had to create one.  <img src="https://www.ioplist.org/images/smilies/cool.png" alt="Cool" title="Cool" class="smilie smilie_3" /> <img src="https://www.ioplist.org/images/smilies/tongue.png" alt="Tongue" title="Tongue" class="smilie smilie_5" /> <img src="https://www.ioplist.org/images/smilies/biggrin.png" alt="Big Grin" title="Big Grin" class="smilie smilie_4" /><br />
<br />
<br />
  <img src="https://www.ioplist.org/images/smilies/heart.png" alt="Heart" title="Heart" class="smilie smilie_16" /> So yeah, I just made my 100th post and just wanted to thank everyone here who has helped me and to let ya'll know how grateful I am that I have ya.  <img src="https://www.ioplist.org/images/smilies/heart.png" alt="Heart" title="Heart" class="smilie smilie_16" /><br />
<br />
<br />
<br />
<div style="text-align: left;" class="mycode_align"><span style="color: #cf2be7;" class="mycode_color"><span style="font-size: x-large;" class="mycode_size">~ Lavender</span></span></div>]]></description>
			<content:encoded><![CDATA[... Somebody had to create one.  <img src="https://www.ioplist.org/images/smilies/cool.png" alt="Cool" title="Cool" class="smilie smilie_3" /> <img src="https://www.ioplist.org/images/smilies/tongue.png" alt="Tongue" title="Tongue" class="smilie smilie_5" /> <img src="https://www.ioplist.org/images/smilies/biggrin.png" alt="Big Grin" title="Big Grin" class="smilie smilie_4" /><br />
<br />
<br />
  <img src="https://www.ioplist.org/images/smilies/heart.png" alt="Heart" title="Heart" class="smilie smilie_16" /> So yeah, I just made my 100th post and just wanted to thank everyone here who has helped me and to let ya'll know how grateful I am that I have ya.  <img src="https://www.ioplist.org/images/smilies/heart.png" alt="Heart" title="Heart" class="smilie smilie_16" /><br />
<br />
<br />
<br />
<div style="text-align: left;" class="mycode_align"><span style="color: #cf2be7;" class="mycode_color"><span style="font-size: x-large;" class="mycode_size">~ Lavender</span></span></div>]]></content:encoded>
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			<title><![CDATA[happy birthday wannabenormnal]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8865</link>
			<pubDate>Sun, 11 Jan 2026 12:03:38 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8865</guid>
			<description><![CDATA[happy birthday wannabenormnal]]></description>
			<content:encoded><![CDATA[happy birthday wannabenormnal]]></content:encoded>
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			<title><![CDATA[Merry CHRISTmas]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8864</link>
			<pubDate>Sun, 21 Dec 2025 18:44:26 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=111">IceWizard</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8864</guid>
			<description><![CDATA[<div style="text-align: center;" class="mycode_align">
<br />
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<br />
<iframe width="560" height="315" src="//www.youtube-nocookie.com/embed/CT_O2X7CEeo" frameborder="0" allowfullscreen="true"></iframe><br />
<br />
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</div>]]></description>
			<content:encoded><![CDATA[<div style="text-align: center;" class="mycode_align">
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<iframe width="560" height="315" src="//www.youtube-nocookie.com/embed/CT_O2X7CEeo" frameborder="0" allowfullscreen="true"></iframe><br />
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</div>]]></content:encoded>
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			<title><![CDATA[1,669 guests]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8863</link>
			<pubDate>Fri, 12 Dec 2025 01:54:32 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8863</guid>
			<description><![CDATA[1,669 guests<br />
<br />
yeah tis 852 and 1669guests and nary a post to be found. well one. i found one. (and it could have been mine.)<br />
<br />
okie dokie. being in here is hard to have anything to post. or energy to do same. this is difficult living i tell u what. no assisted lving here. sighs.<br />
<br />
be well. be safe. be happy. and God help us all. (didn't tiny tim say that? or is that a musical figure? yeah i aint looking it up.)]]></description>
			<content:encoded><![CDATA[1,669 guests<br />
<br />
yeah tis 852 and 1669guests and nary a post to be found. well one. i found one. (and it could have been mine.)<br />
<br />
okie dokie. being in here is hard to have anything to post. or energy to do same. this is difficult living i tell u what. no assisted lving here. sighs.<br />
<br />
be well. be safe. be happy. and God help us all. (didn't tiny tim say that? or is that a musical figure? yeah i aint looking it up.)]]></content:encoded>
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			<title><![CDATA[happy thanksgiving]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8860</link>
			<pubDate>Thu, 27 Nov 2025 10:53:28 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8860</guid>
			<description><![CDATA[happy thanksgiving guys and gals. be blessed. be a blessing.]]></description>
			<content:encoded><![CDATA[happy thanksgiving guys and gals. be blessed. be a blessing.]]></content:encoded>
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			<title><![CDATA[mastertheif3, 4 and 5/ happy birthday]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8858</link>
			<pubDate>Thu, 20 Nov 2025 21:16:54 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8858</guid>
			<description><![CDATA[we must have had a bad run of accounts not working properly. not ur fault masterthief.<br />
<br />
but happy birthday my dude. hope u have fun and are blessed.]]></description>
			<content:encoded><![CDATA[we must have had a bad run of accounts not working properly. not ur fault masterthief.<br />
<br />
but happy birthday my dude. hope u have fun and are blessed.]]></content:encoded>
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			<title><![CDATA[good morning to  3,393 guests)]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8857</link>
			<pubDate>Thu, 20 Nov 2025 12:49:00 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8857</guid>
			<description><![CDATA[good morning all. hope ur holiday stuff will be A OK.<br />
<br />
u may someday desire to post a wee bit. and we all shall be grateful for that effort.<br />
<br />
be blessed today. be safe. maybe a wee bit happy? dunno. that is a hard one to achieve.]]></description>
			<content:encoded><![CDATA[good morning all. hope ur holiday stuff will be A OK.<br />
<br />
u may someday desire to post a wee bit. and we all shall be grateful for that effort.<br />
<br />
be blessed today. be safe. maybe a wee bit happy? dunno. that is a hard one to achieve.]]></content:encoded>
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			<title><![CDATA[Odds and Ends ... With Some Other Things]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8854</link>
			<pubDate>Mon, 17 Nov 2025 19:09:19 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=111">IceWizard</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8854</guid>
			<description><![CDATA[<div style="text-align: center;" class="mycode_align">
<br />
<span style="font-size: x-large;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">If the text is too awful small, <br />
just right click on the pic and<br />
open in another window for the full size...</span></span><br />
<br />
<br />
<img src="https://i.imgur.com/WcXEZ06.jpeg" loading="lazy"  width="270" height="338" alt="[Image: WcXEZ06.jpeg]" class="mycode_img" /><br />
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<img src="https://i.imgur.com/Xa16jEn.jpeg" loading="lazy"  width="270" height="338" alt="[Image: Xa16jEn.jpeg]" class="mycode_img" /><br />
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<img src="https://i.imgur.com/TyC4wOv.jpeg" loading="lazy"  width="270" height="338" alt="[Image: TyC4wOv.jpeg]" class="mycode_img" /><br />
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<img src="https://i.imgur.com/QEpZZ8k.jpeg" loading="lazy"  width="270" height="338" alt="[Image: QEpZZ8k.jpeg]" class="mycode_img" /><br />
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			<content:encoded><![CDATA[<div style="text-align: center;" class="mycode_align">
<br />
<span style="font-size: x-large;" class="mycode_size"><span style="font-weight: bold;" class="mycode_b">If the text is too awful small, <br />
just right click on the pic and<br />
open in another window for the full size...</span></span><br />
<br />
<br />
<img src="https://i.imgur.com/WcXEZ06.jpeg" loading="lazy"  width="270" height="338" alt="[Image: WcXEZ06.jpeg]" class="mycode_img" /><br />
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			<title><![CDATA[3,612 guests]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8853</link>
			<pubDate>Mon, 17 Nov 2025 01:28:17 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8853</guid>
			<description><![CDATA[why cannot u all register properly so u can post a wee bit? cuz elsewise the admins are gonna have to change the rules and regs to make it mandatory that u must be a member to come in here.<br />
<br />
geeze louise. guys. and gals.]]></description>
			<content:encoded><![CDATA[why cannot u all register properly so u can post a wee bit? cuz elsewise the admins are gonna have to change the rules and regs to make it mandatory that u must be a member to come in here.<br />
<br />
geeze louise. guys. and gals.]]></content:encoded>
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			<title><![CDATA[congressional hemp restrictions]]></title>
			<link>https://www.ioplist.org/showthread.php?tid=8849</link>
			<pubDate>Sat, 15 Nov 2025 00:25:48 +0000</pubDate>
			<dc:creator><![CDATA[<a href="https://www.ioplist.org/member.php?action=profile&uid=3">Charon</a>]]></dc:creator>
			<guid isPermaLink="false">https://www.ioplist.org/showthread.php?tid=8849</guid>
			<description><![CDATA[CONGRESS<br />
Congressional hemp restrictions threaten &#36;28 billion industry, sending companies scrambling<br />
PUBLISHED THU, NOV 13 202512:40 PM EST<br />
thumbnail<br />
Luke Fountain<br />
<br />
KEY POINTS<br />
The congressional funding bill included a THC cap that effectively bans most hemp products, a move industry leaders say threatens the &#36;28 billion market.<br />
More than 300,000 jobs are at risk, with economic impacts expected in states with large hemp sectors, including Kentucky, Texas and Utah, industry experts said.<br />
Executives warn the ban could fuel a surge in black-market sales if federal regulations aren’t adopted within a year, as demand for hemp-derived THC remains strong.<br />
In this article<br />
<br />
<br />
High time for a crackdown: Congress moves to ban hemp in resolution to reopen governmentWATCH NOW<br />
<br />
High time for a crackdown: Congress moves to ban hemp in resolution to reopen government<br />
The hemp industry is bracing for layoffs, production reductions and billions in lost revenue after Congress passed a government funding bill late Wednesday containing a surprise provision that will ban nearly all hemp-derived consumer products.<br />
<br />
Hemp, a derivative of the cannabis plant, was legalized in the 2018 Farm Bill for industrial uses like rope, textiles and seed. But the law’s broad definition created a loophole in federal rules on THC — the psychoactive compound responsible for a high — experts said, allowing producers to extract psychoactive cannabinoids from federally legal hemp. Companies used that opening to flood the market with gummies, drinks and vapes capable of delivering a marijuana-like high.<br />
<br />
The new ban, tucked into legislation ending the longest shutdown in history, outlaws products containing more than 0.4 milligrams of total THC per container. Industry executives said that threshold will wipe out 95% of the &#36;28 billion hemp retail market when it takes effect in a year.<br />
<br />
For reference, a single hemp gummy typically contains 2.5 to 10 milligrams of THC, according to the Journal of Cannabis Research.<br />
<br />
“We have lost the battle this time,” said Jonathan Miller, the U.S. Hemp Roundtable’s general counsel. “In effect, this is a total, all out, complete ban on hemp products in the United States.”<br />
<br />
14 June 2024, Berlin: Cannabis beer and other cannabis-infused drinks will be available at a stand at the "Mary Jane" hemp trade fair. The trade fair for the cannabis industry will take place from June 14 to June 16, 2024 at Messe Berlin. Photo: Monika Skolimowska/dpa (Photo by Monika Skolimowska/picture alliance via Getty Images)<br />
Cannabis beer and other cannabis-infused drinks will be available at a stand at the “Mary Jane” hemp trade fair.<br />
Monika Skolimowska | Picture Alliance | Getty Images<br />
The new cap replaces the 2018 Farm Bill’s definition of hemp, which was based on THC concentration and allowed products with less than 0.3% THC by weight instead of total amount.<br />
<br />
“We have a year to figure this out but in the meantime you could see losses across the industry if we can’t,” Miller said.<br />
<br />
More than 300,000 jobs tied to the hemp economy are at risk, according to Whitney Economics, a hemp and cannabis research firm, from farmers and extractors to manufacturers, logistics firms and retailers.<br />
<br />
The ripple effects could hit land use, contracted acreage and equipment financing, as farmers who scaled up hemp cultivation after 2018 could suddenly face canceled or restructured contracts, said Michael Gorenstein, CEO of marijuana producer Cronos Group. States with the biggest hemp infrastructure like Kentucky, Texas and Utah are likely to face the steepest economic fallout, hemp executives said.<br />
<br />
“There’s a lot of the small retailers, small businesses and farmers that are relying on hemp sales to survive,” Gorenstein told CNBC. “It’s going to create a lot of pressure when they start losing business, losing jobs and losing crops.”<br />
<br />
The crackdown marks a dramatic reversal from 2018 when Sen. Mitch McConnell, R-Ky., championed hemp legalization to create a new national agricultural commodity and economic driver for Kentucky.<br />
<br />
But after that bill passed, the absence of federal rules allowed a patchwork market to emerge, with widespread safety issues from mislabeled and untested products to items with potency rivaling recreational marijuana, according to government officials and industry experts.<br />
<br />
McConnell and other Republicans argued the new restriction “restores the original intent” of the Farm Bill. Closing the loophole, McConnell has said, is key to protecting his agriculture-policy legacy before his retirement next year.<br />
<br />
“This was his [McConnell’s] signature law, the hemp law, and he wanted to correct it,” Boris Jordan, CEO of cannabis company Curaleaf<br />
, told CNBC. “Usually the Senate will back a retiring senator, particularly someone as senior as him, as their last action. This was a request by him at the last minute.”<br />
<br />
But not all Republicans agree. Kentucky Sen. Rand Paul has sparred with his colleagues for months over hemp and blasted the provision as an overreach that is “killing jobs and crushing farmers,” adding that “every hemp seed in the country will have to be destroyed.”<br />
<br />
“This is the most thoughtless, ignorant proposal to an industry that I’ve seen in a long, long time,” Paul said after the ban was passed.<br />
<br />
In this July 5, 2018 photo, Senate Majority Leader Mitch McConnell inspects a piece of hemp taken from a bale of hemp at a processing plant in Louisville, Ky. McConnell led the push in Congress to legalize hemp.<br />
In this July 5, 2018 photo, Senate Majority Leader Mitch McConnell inspects a piece of hemp taken from a bale of hemp at a processing plant in Louisville, Ky. McConnell led the push in Congress to legalize hemp.<br />
AP Photo | Bruce Schreiner<br />
While leaders like Jordan said the legal market will sharply contract from a ban, they caution the consumer demand for hemp-derived THC will not. Studies have shown demand for marijuana and other THC-based products has continued rising in recent years as some consumers move away from alcohol and drink less overall.<br />
<br />
Cannabis executives warned that rising popularity could drive billions in black-market sales, where products face no testing, no age restrictions and no tax compliance.<br />
<br />
“What this ban is going to do is it’s going to force all those little players right now into the illegal market,” Jordan said. “Companies have got way too much money invested in this and the demand is still there and growing. They [companies] aren’t just going to go away, they’re just going to go into the illicit market and put more people at risk.”<br />
<br />
And as products move underground, law enforcement agencies could struggle to trace supply chains, Gorenstein said.<br />
<br />
“Bad actors thrive when things disappear from the formal economy,” Gorenstein said.<br />
<br />
State and local governments could also lose out on millions in tax revenue tied to hemp sales, Gorenstein and Miller said. Several states use those funds to support addiction services, county budgets and public health programs.<br />
<br />
Moving forward, industry leaders argue the only durable solution is federal standards, not prohibition. Many favor a model splitting responsibility between agencies: the Food and Drug Administration for oversight for product safety and the Alcohol and Tobacco Tax and Trade Bureau for taxation and distribution.<br />
<br />
Executives have also compared the current environment to the early e-cigarette boom, when products like Juul offered fruity and candy-like cartridges that spread quickly, with uneven oversight, before the FDA intervened.<br />
<br />
“Too many people have taken liberties that put the end user at risk,” cannabis company Verano Holdings CEO George Archos told CNBC. “We like the tight regulation. We want the safety of the consumer being set in mind for every product that’s being produced and that’s what we hope is being accomplished.”<br />
<br />
In the meantime, the industry is preparing a full-court lobbying push aimed at replacing the ban with federal testing, labeling and age-restriction rules.<br />
<br />
“We already have members of Congress introducing regulation bills. We are pledging our support and we are working on the grassroots to get citizens activated around the issue,” Miller said. “We are activating across the sector.”<br />
<br />
Simultaneously, the Trump administration is “looking at” reclassifying marijuana from a Schedule I drug — alongside heroin and LSD — to a Schedule III drug. The move would not legalize recreational marijuana, but it would make it easier to sell, advocates said.<br />
<br />
“Big changes are expected across the board next year but what they will be could determine the future of investments and the industry,” Gorenstein said.]]></description>
			<content:encoded><![CDATA[CONGRESS<br />
Congressional hemp restrictions threaten &#36;28 billion industry, sending companies scrambling<br />
PUBLISHED THU, NOV 13 202512:40 PM EST<br />
thumbnail<br />
Luke Fountain<br />
<br />
KEY POINTS<br />
The congressional funding bill included a THC cap that effectively bans most hemp products, a move industry leaders say threatens the &#36;28 billion market.<br />
More than 300,000 jobs are at risk, with economic impacts expected in states with large hemp sectors, including Kentucky, Texas and Utah, industry experts said.<br />
Executives warn the ban could fuel a surge in black-market sales if federal regulations aren’t adopted within a year, as demand for hemp-derived THC remains strong.<br />
In this article<br />
<br />
<br />
High time for a crackdown: Congress moves to ban hemp in resolution to reopen governmentWATCH NOW<br />
<br />
High time for a crackdown: Congress moves to ban hemp in resolution to reopen government<br />
The hemp industry is bracing for layoffs, production reductions and billions in lost revenue after Congress passed a government funding bill late Wednesday containing a surprise provision that will ban nearly all hemp-derived consumer products.<br />
<br />
Hemp, a derivative of the cannabis plant, was legalized in the 2018 Farm Bill for industrial uses like rope, textiles and seed. But the law’s broad definition created a loophole in federal rules on THC — the psychoactive compound responsible for a high — experts said, allowing producers to extract psychoactive cannabinoids from federally legal hemp. Companies used that opening to flood the market with gummies, drinks and vapes capable of delivering a marijuana-like high.<br />
<br />
The new ban, tucked into legislation ending the longest shutdown in history, outlaws products containing more than 0.4 milligrams of total THC per container. Industry executives said that threshold will wipe out 95% of the &#36;28 billion hemp retail market when it takes effect in a year.<br />
<br />
For reference, a single hemp gummy typically contains 2.5 to 10 milligrams of THC, according to the Journal of Cannabis Research.<br />
<br />
“We have lost the battle this time,” said Jonathan Miller, the U.S. Hemp Roundtable’s general counsel. “In effect, this is a total, all out, complete ban on hemp products in the United States.”<br />
<br />
14 June 2024, Berlin: Cannabis beer and other cannabis-infused drinks will be available at a stand at the "Mary Jane" hemp trade fair. The trade fair for the cannabis industry will take place from June 14 to June 16, 2024 at Messe Berlin. Photo: Monika Skolimowska/dpa (Photo by Monika Skolimowska/picture alliance via Getty Images)<br />
Cannabis beer and other cannabis-infused drinks will be available at a stand at the “Mary Jane” hemp trade fair.<br />
Monika Skolimowska | Picture Alliance | Getty Images<br />
The new cap replaces the 2018 Farm Bill’s definition of hemp, which was based on THC concentration and allowed products with less than 0.3% THC by weight instead of total amount.<br />
<br />
“We have a year to figure this out but in the meantime you could see losses across the industry if we can’t,” Miller said.<br />
<br />
More than 300,000 jobs tied to the hemp economy are at risk, according to Whitney Economics, a hemp and cannabis research firm, from farmers and extractors to manufacturers, logistics firms and retailers.<br />
<br />
The ripple effects could hit land use, contracted acreage and equipment financing, as farmers who scaled up hemp cultivation after 2018 could suddenly face canceled or restructured contracts, said Michael Gorenstein, CEO of marijuana producer Cronos Group. States with the biggest hemp infrastructure like Kentucky, Texas and Utah are likely to face the steepest economic fallout, hemp executives said.<br />
<br />
“There’s a lot of the small retailers, small businesses and farmers that are relying on hemp sales to survive,” Gorenstein told CNBC. “It’s going to create a lot of pressure when they start losing business, losing jobs and losing crops.”<br />
<br />
The crackdown marks a dramatic reversal from 2018 when Sen. Mitch McConnell, R-Ky., championed hemp legalization to create a new national agricultural commodity and economic driver for Kentucky.<br />
<br />
But after that bill passed, the absence of federal rules allowed a patchwork market to emerge, with widespread safety issues from mislabeled and untested products to items with potency rivaling recreational marijuana, according to government officials and industry experts.<br />
<br />
McConnell and other Republicans argued the new restriction “restores the original intent” of the Farm Bill. Closing the loophole, McConnell has said, is key to protecting his agriculture-policy legacy before his retirement next year.<br />
<br />
“This was his [McConnell’s] signature law, the hemp law, and he wanted to correct it,” Boris Jordan, CEO of cannabis company Curaleaf<br />
, told CNBC. “Usually the Senate will back a retiring senator, particularly someone as senior as him, as their last action. This was a request by him at the last minute.”<br />
<br />
But not all Republicans agree. Kentucky Sen. Rand Paul has sparred with his colleagues for months over hemp and blasted the provision as an overreach that is “killing jobs and crushing farmers,” adding that “every hemp seed in the country will have to be destroyed.”<br />
<br />
“This is the most thoughtless, ignorant proposal to an industry that I’ve seen in a long, long time,” Paul said after the ban was passed.<br />
<br />
In this July 5, 2018 photo, Senate Majority Leader Mitch McConnell inspects a piece of hemp taken from a bale of hemp at a processing plant in Louisville, Ky. McConnell led the push in Congress to legalize hemp.<br />
In this July 5, 2018 photo, Senate Majority Leader Mitch McConnell inspects a piece of hemp taken from a bale of hemp at a processing plant in Louisville, Ky. McConnell led the push in Congress to legalize hemp.<br />
AP Photo | Bruce Schreiner<br />
While leaders like Jordan said the legal market will sharply contract from a ban, they caution the consumer demand for hemp-derived THC will not. Studies have shown demand for marijuana and other THC-based products has continued rising in recent years as some consumers move away from alcohol and drink less overall.<br />
<br />
Cannabis executives warned that rising popularity could drive billions in black-market sales, where products face no testing, no age restrictions and no tax compliance.<br />
<br />
“What this ban is going to do is it’s going to force all those little players right now into the illegal market,” Jordan said. “Companies have got way too much money invested in this and the demand is still there and growing. They [companies] aren’t just going to go away, they’re just going to go into the illicit market and put more people at risk.”<br />
<br />
And as products move underground, law enforcement agencies could struggle to trace supply chains, Gorenstein said.<br />
<br />
“Bad actors thrive when things disappear from the formal economy,” Gorenstein said.<br />
<br />
State and local governments could also lose out on millions in tax revenue tied to hemp sales, Gorenstein and Miller said. Several states use those funds to support addiction services, county budgets and public health programs.<br />
<br />
Moving forward, industry leaders argue the only durable solution is federal standards, not prohibition. Many favor a model splitting responsibility between agencies: the Food and Drug Administration for oversight for product safety and the Alcohol and Tobacco Tax and Trade Bureau for taxation and distribution.<br />
<br />
Executives have also compared the current environment to the early e-cigarette boom, when products like Juul offered fruity and candy-like cartridges that spread quickly, with uneven oversight, before the FDA intervened.<br />
<br />
“Too many people have taken liberties that put the end user at risk,” cannabis company Verano Holdings CEO George Archos told CNBC. “We like the tight regulation. We want the safety of the consumer being set in mind for every product that’s being produced and that’s what we hope is being accomplished.”<br />
<br />
In the meantime, the industry is preparing a full-court lobbying push aimed at replacing the ban with federal testing, labeling and age-restriction rules.<br />
<br />
“We already have members of Congress introducing regulation bills. We are pledging our support and we are working on the grassroots to get citizens activated around the issue,” Miller said. “We are activating across the sector.”<br />
<br />
Simultaneously, the Trump administration is “looking at” reclassifying marijuana from a Schedule I drug — alongside heroin and LSD — to a Schedule III drug. The move would not legalize recreational marijuana, but it would make it easier to sell, advocates said.<br />
<br />
“Big changes are expected across the board next year but what they will be could determine the future of investments and the industry,” Gorenstein said.]]></content:encoded>
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