Bipartisan Bill Introduced to Regulate THC-Containing Beverages in U.S. Market
A bipartisan bill, the Beverage Regulatory Parity Act, has been introduced in the U.S. Congress by Representatives Beth Van Duyne (R-Texas) and Greg Landsman (D-Ohio). This proposal aims to establish specific regulations for hemp-derived THC beverages, creating an exception to federal restrictions on intoxicating plant products. The bill suggests that adults aged 21 and over could purchase and consume hemp beverages containing up to 5 milligrams of total intoxicating THC per serving. It also proposes a three-tier distribution system, similar to the one used for alcoholic beverages, along with mechanisms for taxation and regulation. This legislative effort comes as the market for THC-infused beverages expands in the United States, drawing support from traditional alcohol retail and distribution representatives who seek a regulated framework for these products. The discussion is particularly timely given potential changes to the 2018 Farm Bill, which could significantly restrict the commercialization of into...