Banning of THCA potentially blows $110 million hole in Tennessee’s budget
Tennessee Republican lawmakers banned popular cannabinoid-derived hemp products starting in July, and after one month of sales tax collections, projections are on pace for a $110 million loss. The state’s new hemp laws ban smokable products and, in particular THCA, which several industry groups estimated made up 75% of Tennessee’s cannabinoid market. When lit on […]
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