AGP Executive Report
Last update: an hour agoHemp THC policy fight: The U.S. Senate is negotiating a stopgap funding bill that could delay a scheduled federal ban on intoxicating hemp THC products from Nov. 12 to Dec. 11, as attorneys general and industry groups clash over whether to “close the loophole” or regulate instead of prohibit. State enforcement: California’s tax agency says it has seized $168M in illegal cannabis and tobacco since 2019, including nearly $22M in the first half of 2026, as part of a broader crackdown on illicit supply chains. Regulatory compliance: A California court ordered the state’s cannabis track-and-trace system to be overhauled because it isn’t flagging irregular transactions for investigation. Business moves: Mississippi’s Steep Hill lab is combining with Alchemy Analytics under Southern Precision Analytics to preserve required testing capacity while cutting overhead. Market updates: New York signed a bill letting cannabis microbusinesses fully participate in farmers’ markets and pop-up showcase events. Product spotlight: Black Tie CBD expanded its 2026 THCA flower lineup with six new cultivars, touting third-party lab testing and clearer categories.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.