House adopts wide regulatory framework for hemp-derived intoxicants, bans THCA flower above 0.3% and sets taxation and licensing rules

The Tennessee House adopted a comprehensive regulatory and taxation framework for hemp-derived intoxicants on third and final consideration, passing House Bill 13 76 as amended after extended floor debate and numerous committee and floor amendments. The final package establishes licensing and brand registration requirements, moves excise collection to the wholesale level (similar to spirits taxation), sets possession and retail rules, and creates enforcement and minimum bonding standards for wholesalers. The House also adopted a floor amendment that bans THCA (the plant flower product) in excess of 0.3% total THC—bringing the House version into alignment with the Senate language on that specific point.

Key components discussed on the floor and adopted in amendments include:

- Regulation and oversight: The bill moves oversight authority to the appropriate regulatory body (discussed on the floor as the ABC/Dept. of Revenue and a dedicated…