Dear Client: A new report makes the claim that the U.S. hemp industry in 2022 was larger than total legal sales of medical and adult-use cannabis and about equal to craft beer sales nationally. Research firm Whitney Economics published the report in late October, “offering a comprehensive assessment of the hemp industry that’s evolved since the crop was federally legalized under the 2018 Farm Bill,” according to outlet Marijuana Moment. Despite regulatory challenges within the hemp industry, particularly related to
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