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Policy · 116th Congress

Hemp industry growth hints at potential field of dreams

The Nielsen Co., which analyzes trends among consumers and markets, forecast a $6 billion market by 2025 for hemp-derived CBD, but noted the state and federal regulations will affect the industry.

Congress · 116th Congress

House passes repeal of Obamacare tax on high-cost plans

The House passed, 419-6, legislation Wednesday to repeal the so-called Cadillac tax, pleasing health insurers, unions and a bipartisan coalition of lawmakers who have long pushed to scrap the levy.