
Federal Hemp Ban Threatens $28B Industry and 225,000 Jobs
A federal law set to take effect on December 11, 2026, will ban most hemp-derived THC products, threatening a $28 billion industry and 225,000 jobs. The ban, inserted into a 2025 funding bill by Sen. Mitch McConnell, closes a loophole in the 2018 Farm Bill that allowed hemp products to contain high THC levels. While the hemp industry lobbies for compromises like age restrictions, the regulated marijuana sector argues the loophole was exploited. Companies are diversifying or closing as the deadline approaches.













