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Hemp Law Shifts Shake Small Businesses | Richmond News
Virginia’s new hemp law, effective August 15th, has sent shockwaves through small businesses by banning products with even trace amounts of THC—once legally allowed in specific CBD ratios. Stores are losing up to 75% of their inventory overnight, leaving loyal customers confused and disappointed. While lawmakers claim the move targets intoxicating products disguised as hemp, retailers like Redfern Market are forced into costly reformulations and business pivots. Despite a failed federal lawsuit, businesses are racing to stay compliant and avoid the black market, all while trying to keep their…
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