Article from pro-marijuana:
The issue is legislation in Florida that would limit how much THC such products are allowed to contain. Everyone, of course, is not going out of business, though Boyce’s company is at risk. The hemp industry will live on. Boyce’s note blamed the proposed legislation on “certain politicians” who are “heavily invested in the medical marijuana industry.”
This kind of thing is why licensed cannabis companies in legal states are increasingly disgusted by gray-market alt-THC peddlers. It’s not just the competition they face (after all, the hemp-derived products are aimed mostly at people in states where cannabis is still illegal). It’s also that fly-by-night operators tend to make the whole industry look bad, whether they’re selling iffy THC products or CBD gummies and oils that haven’t been tested and in some cases contain little or no CBD.
One relatively simple act could solve all these problems in one fell swoop: legalizing cannabis at the federal level.