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What happens if Congress actually bans hemp nationwide?

TDR Trade To Black Podcast, presented by Dutchie, breaks down the new federal language buried inside the FY2026 government funding bill that would outlaw all consumable hemp products containing any “quantifiable amount of THC.” That means Delta-8, Delta-10, THC-P, and even full-spectrum CBD could all disappear with one vote.

Host Shadd Dales and Anthony Varrell are joined by Brady Cobb, one of the sharpest policy minds in cannabis, and Michael Bronstein, President of the American Trade Association for Cannabis and Hemp. Together, they dig into who’s really behind this move—and what it could mean for hemp brands, investors, and everyday consumers.

In this episode:
• Who’s pushing the hemp ban through Congress
• Why this mirrors the failed Mary Miller Amendment
• What “quantifiable THC” actually means for hemp products
• How state markets and CBD brands could get hit
• Whether the DEA or White House will step in next

The FY2026 hemp provision could reshape how THC products are regulated across the country. Lawmakers say it’s meant to close loopholes from the 2018 Farm Bill, while industry groups warn it could wipe out an entire market overnight.

0:00:00 – Intro
0:00:22 – Congress moves to ban hemp
0:01:32 – Industry impact and MSOs/cannabis business implications
0:03:28 – Political feedback; Trump & McConnell positions
0:04:19 – 2018 Farm Bill loophole; legislative drivers
0:06:09 – Good actors and collateral damage
0:08:27 – Village Farms financial performance

Michael Bronstein's Interview
0:11:19 – Federal regulatory distinctions and outlook
0:17:09 – Congressional inflection point/regulatory future
0:19:09 – Alcohol lobby’s influence
0:21:18 – Synthetic/illicit THC issues and safety
0:28:25 – Legislative process & timeline for hemp ban
0:30:35 – Industry consolidation & business adaptation
0:35:41 – Pennsylvania (SB 49) & state legislative updates
0:41:17 – Virginia legalization & federal policy’s impact
0:47:11 – Hemp beverages, retail prospects
0:51:19 – Industry standards, self-regulation & leadership
0:55:47 – Wrap up

#CannabisNews #HempBan #THCPolicy #Delta8 #Delta10 #CannabisStocks #MarijuanaReform #Dutchie #TradeToBlack #Congress #CannabisIndustry #HempIndustry
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