AGP Executive Report
Last update: an hour agoFederal Hemp Rules: Proposed THC limits due in December threaten CBD products containing trace THC, including full-spectrum oils, while Michigan growers still face high compliance costs and stalled state relief. Industry advocates warn the changes could affect 80% to 95% of today’s CBD market, though that is their estimate, not a verified forecast. CBD Investment: York-based HempWell secured a multi-million-pound investment from Jade Jones and Richard Groves’ JJ Double Gold. The funding will support a new manufacturing facility, greater production capacity and a gummy line, with the partners targeting a £10 million valuation by 2029.
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