The Dime $28.4 Billion Dollar Hemp Industry Can’t Be Put Back in the Bottle ft Jim Higdon
California wants to ban hemp. Texas is protecting it. Spritz and Big Alcohol are lobbying to crush it.
The enemy of my enemy is my friend? Not in the cannabinoid space.
The hemp industry stands at a crossroads. With federal clarity still missing, states pulling in opposite directions, and Big Alcohol leaning on lawmakers, billions are at stake in hemp’s next chapter.
This week we sit down with Jim Higdon, Co-Founder of Cornbread Hemp, to unpack it all
- The bipartisan letter signed by 27 members of Congress to protect hemp
- Why Gavin Newsom’s winery ties matter in the hemp beverage fight
- How Big Alcohol is lobbying to crush hemp — and what comes next for a one-plant solution
Chapters
00:00 Introduction and Current State of the Hemp Industry
03:04 Bipartisan Support and Legislative Challenges
05:46 The Path to a One Plant Solution
08:54 California's Unique Position in the Hemp Debate
11:57 The Impact of Alcohol Industry on Hemp Legislation
14:57 The Future of Hemp and Spirits Collaboration
26:03 Navigating Legislative Challenges in California
32:30 The Complex Landscape of Cannabis Regulations
35:25 Texas: A State in Legislative Limbo
39:01 Rescheduling Cannabis: Implications for the Industry
42:15 Innovative Partnerships: Normalizing Cannabis in Sports
Summary
In this conversation, Bryan Fields and Kellen Finney engage with Jim Hagan to discuss the current state of the hemp industry, focusing on legislative challenges, bipartisan support, and the path towards a unified cannabis solution. They explore the unique regulatory landscape in California, the impact of the alcohol industry on hemp legislation, and the ongoing developments in Texas. The discussion also touches on the implications of cannabis rescheduling and innovative marketing strategies, including sponsorships in sports, to normalize hemp products.
Guest Links:
- https://www.cornbreadhemp.com/
- https://hempsupporter.com/team/jim-higdon/
- https://x.com/jimhigdon
- https://www.linkedin.com/in/jameshigdon/
Our Links
At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.
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