REP. CHRIS HURT & SEN. FRANK NICELEY
• Regulates Delta-8 & Hemp Derived THC
• Products 21 & Up
• Requires A License for Retailers and Wholesalers
•Taxes At 6.6% Like Tobacco Products
• Revenue Goes to TDA For Product Regulation & Industry Development
• ∆8 and all hemp derived tetrahydrocannabinols are federally legal if derived from hemp grown by licensed farmers authorized under the 2018 Farm Bill and as defined under TCA § 43-27-101.
• DEA and USDA have released official statements reiterating to law enforcement that no cannabinoids derived from hemp are subject to scheduling under the Controlled Substances Act. (Letters below).
• The DEA is only concerned with THC compliance – “hot” hemp (hemp with delta-9 THC over 0.3%) ∆8 legality comes down to how it’s produced and from where it is sourced (hemp produced under USDA approved state programs).
• If THC is produced from non-cannabis materials. It falls under the CSA consequently, Delta-8 and hemp derived THC are not under the CSA and legal federally if they are produced from CBD naturally occurring in hemp.
• Other than ∆9 THC derived from legal hemp are not included under the controlled substances act (CSA).