U.S.

Senator Rand Paul of Kentucky shared the stage today with a Louisville producer of THC and CBD infused gummies and drinks.

Cornbread hemp unveiled its expanded facility today, despite impending federal regulation that the owners and senators say would take these products off the shelves.

Kentucky senior Senator Mitch McConnell supported the new rules.

If he sees an accomplishment in destroying a multimillion billion dollar industry.

I don't see that as an accomplishment.

I don't know that we're going to change his mind, but I think he really has not been well informed on this.

I don't think he understands the devastation this is going to bring, just the changing of the plant definition.

They thought it was a little tweak.

It makes every plant in the country illegal, because it just changed it from a form of THC to total THC.

But they left the number the same.

And so the numbers are the same.

All the plants that are created are illegal.

I'm sure you have to hybridize these plants and create the seeds.

Somebody is probably sitting on millions of dollars of seeds that at the end of the year, will no longer be legal.

So I just don't know that he's thought through the issue.

He he sees the problem.

And here's the problem.

I agree with some of the problem.

I don't want kids.

I don't want 1215 year old kids getting 100 milligram gummies in the gas station.

Let's make that illegal.

It is illegal in Kentucky that was made illegal by the Kentucky law.

But here's the irony.

There is no federal age limit for him products.

So when he did this, he actually is over.

He is overturning Kentucky's law that actually has an age limit.

We have 300 some days till the end of this deadline that that has been set for us by Congress.

But the real deadline is much sooner than that.

Our farmers need clarity now.

And in order to get planning for next year's crop, the seeds go into the ground in mid-May, and lots of planning has to happen before those seeds go into the ground.

For instance, aides to a visa worker contracts have to be signed 90 days before workers arrive.

So?

So if we don't get something moving in the next few weeks, right around the inside of the new year, all the farming partners, all the hemp farmers in Kentucky are going to be on the back foot.

New rules are set to go into effect in less than a year.

Only products containing less than 0.4 milligrams of THC would be compliant.

Paul said a five milligram limit would be better.

Was still a compromise.