In passing the Agriculture, Rural Development, Food and Drug Administration, and Related Agency Act, Congress closed the hemp loophole effective Nov. 12, 2026, sending shock waves through the estimated $30 billion national consumable hemp product market.
In this article published in
Law360, Partners Jesse Alderman, Michael McQueeny and Stephen Bartlett outline practical and business considerations over the next year for brands, manufacturers, distributors, retailers, lenders, investors, vendors and service providers, emphasizing operational strategies, evaluating contract and counterparty risk, restructuring and dissolution options, tax implications, intellectual property protections, state trigger laws, and a broader legislative outlook.
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