Ep. 175: Hemp Loophole is Closing $30B Industry in Transition (And What It Means)
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The recent closing of the hemp loophole is set to bring massive changes to the $30 billion hemp industry.
For years, hemp-derived THC products thrived in a legal gray area, but now the federal government has set a one-year deadline to end the sale of most intoxicating hemp products.
This shift will create new challenges for hemp businesses as they adapt to stricter regulations, but it also opens up opportunities for accountants to step in as trusted advisors during this critical transition.
Join Andrew Hunzicker, CPA, along with leading cannabis tax attorneys Rachel Gillette and Jen Benda from Holland & Hart, as they break down the implications of the hemp loophole closure and what it means for accountants, cannabis businesses, and the broader industry.
You'll learn:
The immediate impact of the hemp loophole closure on businesses
How hemp businesses can navigate compliance and restructuring
Opportunities in the evolving CBD and cannabis markets
Key financial challenges businesses will face in 2026
Best practices for advising clients during this period of change
Support the Fight Against 280E:
The New Mexico Top Organics case could fundamentally change how 280E applies to cannabis businesses. You can help strengthen the case by contributing to the amicus brief being filed by cannabis industry groups.
Don't miss this essential discussion with Andrew Hunzicker, Rachel Gillette, and Jen Benda on one of the most significant regulatory changes in years!