Major marijuana multistate operator Curaleaf Holdings will wind down its limited hemp THC operations ahead of next November’s federal ban, Chairman Boris Jordan told MJBizDaily.
Initially reluctant to participate in the hemp boom following the 2018 Farm Bill, Curaleaf in 2024 made “a strategic decision to enter the hemp market” that led to the company’s hemp-derived THC beverages sold at Total Wine & Spirits in nine states earlier this year.
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But that’s all ending following the redefinition of hemp under federal law, signed by President Donald Trump, that will outlaw most of the $28.3 billion U.S. hemp sector in November 2026.
“The rules are the rules,” Jordan said during an exclusive interview at MJBizCon.
“We’re a law-abiding company, and we’re going to play
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