Beer Institute Takes Stand on Intoxicating Hemp Beverages

Dear Client:  Just a week since the Beer Institute had its annual meeting in New York City, it's publicly announcing the “guiding principles” it would like to see implemented to “address the proliferation of largely unregulated intoxicating hemp and cannabis products.” In some parts of the country, hemp-derived THC seems legal by default. At least, that’s what some have argued has happened in the post-2018 Farm Bill world.  Contrast that with the highly regulated and taxed beer industry. “The current