California’s Hemp Restrictions Could ‘Stifle Broader Access’ To Therapeutic Products, Expert Warns
The cannabis industry is watching closely as California Governor Gavin Newsom implements emergency rules that could severely limit the sale of hemp-derived products.
The potential restrictions, aimed at controlling hemp’s accessibility in the state, have sparked concern among operators and industry experts, who fear it could create ripple effects across the cannabis market.
Luna Stower, chief impact officer at Ispire, weighed in on the proposed regulations ahead of her participation in the Benzinga Cannabis Capital Conference. Stower, who has worked in the cannabis industry for over a decade, highlighted how these rules could stifle innovation and reduce economic opportunities in a state that has long been at the forefront of cannabis reform.
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Impact of Proposed Restrictions
Newsom’s emergency rules would impose stricter limits on hemp-derived products, including those …