
Florida Bills Seek To Regulate And Tax Hemp-Derived THC Products
Florida lawmakers have moved forward with two bills aimed at regulating hemp-derived THC products, setting up a taxation system, and establishing rules for sales.
The House Committee unanimously approved on April 16 two proposals that would strengthen regulations on hemp-derived THC products and introduce a 15% excise tax on their retail sales.
Although Florida legalized medical cannabis in 2016, recreational cannabis remains illegal in the state. However, hemp-derived THC products have become p...