Wyoming Enacts Ban on Delta-8 THC

1.6 min readPublished On: March 18th, 2024By

LOS ANGELES- Wyoming’s hemp-derived cannabinoid market faces significant disruption following the recent enactment of a law banning delta-8 THC products. Republican Governor Mark Gordon’s decision to sign Senate File 32 into law marks a decisive move in the state’s approach to regulating intoxicating cannabinoids, as reported by MJBizDaily.

Effective from July 1, the law introduces stringent measures to oversee the sale of hemp-derived products. Retailers in Wyoming will now be subject to chemical analysis inspections to verify the legality of their offerings. This regulatory tightening aims to curb the sale of intoxicating cannabinoids, yet it has raised alarms among hemp retailers in the state. Concerns are mounting over the potential impact on businesses, with some fearing that even the sale of non-intoxicating CBD products could be jeopardized. CBD, renowned for its therapeutic benefits and devoid of intoxicating effects, serves a substantial consumer base seeking relief from various conditions.

The backdrop to this legislative shift is the rapid expansion of the hemp-derived delta-8 THC market, fueled by the 2018 Farm Bill’s legalization of industrial hemp and its derivatives across the United States. Delta-8 THC products, often synthesized from hemp-derived CBD, have gained popularity for their psychoactive properties, residing in a legal gray area until recent state-level interventions.

Wyoming’s move to ban delta-8 THC products aligns with a growing trend among states to reassess the legal status of such compounds. This comes in the wake of a ruling by the Arizona attorney general that declared delta-8 sales illegal, highlighting a broader national reconsideration of hemp-derived intoxicants.

The implications of Wyoming’s ban extend beyond the immediate economic impact on local businesses. They touch on broader debates around cannabis regulation, the distinction between hemp and marijuana under federal law, and the balance between consumer safety and industry growth. As the July 1 enforcement date approaches, stakeholders within and beyond Wyoming are keenly observing the potential ripple effects of this legislative action on the hemp industry’s future.

About the Author: HCN News Team

The News Team at Highly Capitalized are some of the most experienced writers in cannabis and psychedelics business & finance. We cover capital markets, finance, branding, marketing and everything important in between. Most of all, we follow the money.

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