Congressional hemp restrictions threaten $28 billion industry, sending companies scrambling
1. Congress bans most hemp-derived products, affecting the $28 billion market. 2. New THC limits threaten 95% of hemp product sales and 300,000 jobs. 3. Cronos Group CEO warns of significant business pressures and contract cancellations. 4. Demand for hemp-derived products remains strong, potentially fueling black-market growth. 5. Industry calls for federal oversight instead of prohibition to ensure safety.