‘Get Ready For A Nationwide Game Of Whack-A-Mole’: What California’s Hemp Ban Means For The Industry
California’s cannabis industry is facing uncertainty after Governor Gavin Newsom’s emergency rules that could severely limit hemp products.
The move, which could remain in effect until March 2025, has caused ripples throughout the hemp and cannabis communities, with some wondering how these restrictions will impact both industries. The broader implications of the regulations could extend beyond the state, affecting national markets and future policy decisions.
Seth Yakatan, co-founder of Katan Associates and an experienced corporate finance professional in the cannabis space, discussed the potential impact of the proposed regulations during an interview before his appearance at the Benzinga Cannabis Capital Conference.
See Also: Hemp Under Siege: State Bans And Farm Bill To Be Discussed On Sept. 30
Hemp Restrictions And Market Shifts
Yakatan, like many others in the industry, found the proposed restrictions puzzling, especially regarding …