Nov. 14 at 2:44 PM
$CRLBF $GTII.TSX
$MSOS
Yesterday’s government funding bill (signed into law) slams shut the “THC loophole” from the 2018 Farm Bill, banning most unregulated hemp-derived intoxicating products like delta-8 THC. These cheap, gray-market knockoffs flooded shelves with zero testing, age gates, or taxes—cannibalizing sales from licensed ops.
Why bullish for legal cannabis producers/sellers in med/rec states?
• Levels the field: No more undercutting by untaxed, untested hemp rivals; legal weed regains pricing power and shelf space.
• Market share surge: States like CA, CO, NY see billions in redirected revenue—est.
$30B hemp market shrinks, funneling demand to compliant growers/dispensaries.
• Long-term tailwind: 1-year phase-out gives time to scale; boosts investor confidence in a
$50B+ regulated industry.
-grok