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Big win for Florida hemp industry as governor vetoes proposed ban

In a major win for the state’s hemp industry and a setback for regulated marijuana, Florida’s governor vetoed a bill that would have effectively outlawed many popular hemp-derived products in the market.

In his veto message Friday, Republican Gov. Ron DeSantis wrote that the bill’s “goals are commendable,” but it would “impose debilitating regulatory burdens on small businesses and almost certainly fail to achieve its purposes.”

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Passed by the state Legislature  in March, Senate Bill 1698 would have limited the amount of hemp-derived delta-9 THC allowed in products to no more than 5 milligrams per serving or 50 milligrams per container.

The measure also would have:

Closed a so-called “loophole” by redefining total delta-9 THC concentration under state law to also

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