California’s Hemp Restrictions Spark Industry Debate: ‘Banning This Category Is Better For The Market,’ Says Expert
California’s recent emergency rules severely limiting hemp-derived products are making waves across the cannabis industry. Gov. Gavin Newsom‘s swift action has already begun to reshape the market, raising concerns about its broader impact on businesses and consumers.
The emergency rules aimed at limiting unregulated hemp products, particularly those containing THC, have been met with mixed reactions. While some believe it is a necessary step toward ensuring product safety, others are worried about the long-term consequences for businesses that rely on these products.
Impact on Public Safety and Market Stability
Bryan Gerber, CEO of Hara Supply and upcoming speaker at the Benzinga Cannabis Capital Conference, weighed in on the situation, explaining that while the ban might be disruptive, it also addresses a critical issue. …