Looks Like Newsom may Get His Way with Hemp in California

Dear Client:  California lawmakers have officially moved to kick intoxicating hemp-derived products out of mainstream retail, passing Assembly Bill 8 and sending it to Gov. Gavin Newsom’s desk. The measure would ban delta-8 THC and delta-10 THC (considered synthetic), and classify all concentrated cannabinoids derived from hemp, other than CBD isolate, as cannabis products. That means they’d move into the regulated cannabis system, be subject to the state’s 15% excise tax, and fall under dispensary-only sales, the Cannabis Business Times