08:10 AM EDT, 05/24/2024 (MT Newswires) -- Curaleaf Holdings ( CURLF ) , which produces consumer cannabis products, on Friday responded to the U.S. House Committee on Agriculture's approving an amendment to the 2018 Farm Bill by Republican Rep. Mary Miller for Illinois.
Media reports say the amendment would ban intoxicating hemp-derived and synthesized cannabinoid products, which has been added to the 2024 Farm Bill draft.
"We disagree with yesterday's amendment filed by Mary Miller (R-IL), which is an attempt to roll back the Farm Bill," said Curaleaf ( CURLF ) Executive Chairman Boris Jordan. "We support hemp farmers, and we believe that hemp-derived products made within the guidelines of the Farm Bill should be available to adults with strict age gating and safety standards."
Jordan said there should be one regulatory framework for all cannabinoids, and that all legal players in the hemp-derived product market must adhere to the same safety and age restrictive standards.