# Hemp THC Industry Faces Federal Ban

> Hemp THC industry fights to avoid $28.3B federal ban.
- Title: Hemp THC Industry Faces Federal Ban · ABC News | Shortify
- Summary: Hemp THC industry fights to avoid $28.3B federal ban. The U.S. hemp THC industry faces a federal ban that could eliminate 225,000 jobs and reduce retail…
- Keywords: hemp, thc, federal ban, hemp industry, congress, whitney economics, us hemp roundtable, cornbread hemp, deutermann farms, kentucky, north carolina, cannabis
- Source: ABC News — https://abcnews.com/Business/wireStory/28b-hemp-thc-industry-fighting-save-looming-federal-136972091
- Author: ABC News
- Read time: 1 min
- Topics: hemp, thc, federal ban, hemp industry, congress, whitney economics, us hemp roundtable, cornbread hemp, deutermann farms, kentucky, north carolina, cannabis
## Hemp THC Market Faces Ban
America's multibillion-dollar market for impairing hemp products faces potential elimination after Congress closed a loophole in federal law.
## Congress Voted to Close Loophole
Congress voted to close a loophole in federal law that allowed the hemp THC industry to flourish, delaying the ban until December 11.
## Industry Leader Nicholas Hohns
Nicholas Hohns, who makes potent THC gummies in North Carolina, says he worked 100 hours a week for four years before the ban threatens to erase his business.

> It’s such a weird spot to be in. You worked 100 hours a week for the past four years, and, yeah, you made some money. But now you might have nothing to show for it.
## Hemp THC Ban Details
The ban limits THC in hemp products to 0.4 milligrams per container, a level that would ban even non-impairing CBD products.
## Industry Impact Report
Whitney Economics reports the ban would threaten $28.3 billion in retail revenue, displace 225,000 jobs, and reduce state sales tax by $2.1 billion.
## Cornbread Hemp Owners
Cornbread Hemp owners Eric Zipperle and Jim Higdon say the 0.4 milligram limit would destroy their business, calling it 'toast' if the ban takes effect in December.

> If it goes through in December, this place is toast, it’s gone.
## Industry Response Strategies
The industry hopes to save itself by restricting products to 21 and older, limiting THC per package, and banning imported cannabis compounds.
## State-Level Variations
Dozens of states have regulated or banned impairing hemp products, with some states like North Carolina adopting legal hemp programs to avoid the ban.
## Opposition to Ban
Alcohol retailers and cannabis industry lobbyists argue the ban is unfair competition and that the industry's predictions about job losses are overstated.
## Key takeaway

The U.S. hemp THC industry faces a federal ban that could eliminate 225,000 jobs and reduce retail revenue by $28.3 billion.