DeFi Daily News
Friday, June 19, 2026
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Finance Business Finance

rewrite this title and make it good for SEOMedicare coverage for CBD in limbo as Congress punts on hemp THC

Chris Roberts by Chris Roberts
January 21, 2026
in Business Finance
0 0
0
rewrite this title and make it good for SEOMedicare coverage for CBD in limbo as Congress punts on hemp THC
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Over the weekend, Congressional leadership removed language from the spending bill released Tuesday morning that would have delayed a looming ban on hemp THC, MJBizDaily has learned.

In addition to creating further uncertainty for hemp farmers and operators on the eve of planting season, the setback for hemp in Washington promises to delay when insurance will cover CBD treatments, as President Donald Trump promised last month, industry lobbyists said.

The $28 billion U.S. hemp industry has been on high alert since November, when the deal to end the government shutdown also redefined hemp under federal law to recriminalize most popular hemp-derived THC products.

With a temporary spending package set to expire at the end of January, lawmakers are working on another funding bill. Hemp interests are pushing to include a one- or two-year delay in the bill to avoid the looming ban.

Push to save hemp THC in temporary spending bill unravels

Language that would have done so – similar to a standalone bill introduced in the House by Indiana Republican Rep. Jim Baird and Minnesota Democratic Rep. Angie Craig – was included in a draft version of a bipartisan funding bill, several sources told MJBizDaily.

But with the Republican Party’s slim majority in the House, individual members have significant leverage.

And enough members of the House Freedom Caucus – led by U.S. Rep. Andy Harris, the Maryland Republican who authored the ban language – moved to get the hemp THC ban reprieve language removed, Washington lobbyists told MJBizDaily.

Lobbyists are hopeful that the hemp THC ban can still be avoided – and with it, chaos and uncertainty for hemp farmers and operators who are reliant on the enormous market for hemp-derived THC products.

“As the days go on, we’re picking up more and more support in Congress and among other major policy players,” said Jonathan Miller, general counsel of the U.S. Hemp Roundtable, a major Washington lobby.

“I’m cautiously optimistic we’re going to get an extension,” he added. “We might not get it at the end of this month, but I feel like we have a lot of momentum to get one over the next several weeks before it’s crunch time for our farmers with their planting decisions.”

In addition to Harris, hemp THC has powerful enemies, including retiring Kentucky U.S. Sen. Mitch McConnell.

But it’s not just hemp farmers who need Congress to act.

Trump promised healthcare coverage for CBD

Much of the cannabis industry’s focus over the past month been on marijuana rescheduling, which Trump directed the Justice Department to finalize with his Dec. 18 executive order.

However, that same day, Trump administration officials promised seniors that they’d be able to seek reimbursements through their health insurance providers – including Medicare – for non-intoxicating CBD-based treatments.

Reimbursements for up to $500 for CBD products that “meet local and state quality and safety standards” could come as soon as April, said Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services (CMMS).

A pet project of Howard Kessler, a Florida billionaire and Mar-a-Lago Club member who personally lobbied Trump on the issue, insurance coverage for cannabis treatments could significantly boost cannabis operators’ bottom lines.

So far, CMMS has not released further details on the program.

When will Congress move to cover CBD, save hemp-derived THC?

That’s partially because doing so would require “Congress to reconsider its classification of hemp-derived CBD to ensure seniors can access CBD products they have found beneficial for pain,” Trump said during an Oval Office signing ceremony.

A spokesperson for CMMS did not respond to a request for comment from MJBizDaily seeking more details on the CBD reimbursement program.

It’s unclear whether a delay on the hemp THC ban, which critics like Miller say would also criminalize most CBD products, would be by itself enough to have Medicare cover the treatments.

Other Washington observers said that federal agencies, including the U.S. Department of Agriculture, which has been tasked with overseeing legal hemp since the 2018 Farm Bill, were also hesitant to move forward without clear direction from Congress.

Chris Roberts can be reached at chris.roberts@mjbizdaily.com.

 

.

 

 

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: CBDcongressCoverageGoodHemplimbopuntsrewriteSEOMedicareTHCtitle
ShareTweetShare
Previous Post

Can Trump fire Fed Governor Lisa Cook?

Next Post

rewrite this title 20+ Best Board Games Under $30

Next Post
rewrite this title 20+ Best Board Games Under

rewrite this title 20+ Best Board Games Under $30

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Baylor QB Sawyer Robertson | Gruden’s QB Class

Baylor QB Sawyer Robertson | Gruden’s QB Class

April 20, 2026
You don’t fix the Fed. You opt out of needing it.

You don’t fix the Fed. You opt out of needing it.

May 22, 2026
How one terrible trip inspired a tech IPO: Navan Co-Founder

How one terrible trip inspired a tech IPO: Navan Co-Founder

June 15, 2026
Exclusive Shopkick Deal: Get a FREE Gift Card Worth - for Every User!

Exclusive Shopkick Deal: Get a FREE Gift Card Worth $3-$5 for Every User!

October 24, 2024
Samsung’s Galaxy Buds Series 3 Have a New Look You May or May Not Like

Samsung’s Galaxy Buds Series 3 Have a New Look You May or May Not Like

July 10, 2024
EigenLayer’s Price Drops 15% Following Justin Sun Sell-Off; Investors Shift to High-Yield 6,173% APY Vote-to-Earn Meme Coin

EigenLayer’s Price Drops 15% Following Justin Sun Sell-Off; Investors Shift to High-Yield 6,173% APY Vote-to-Earn Meme Coin

October 3, 2024
rewrite this title Ripple Backs Flutterwave in the Series E Funding Round

rewrite this title Ripple Backs Flutterwave in the Series E Funding Round

June 19, 2026
rewrite this title Why Did Jelly Roll File for Divorce From His Wife Bunnie XO? His Reason Revealed

rewrite this title Why Did Jelly Roll File for Divorce From His Wife Bunnie XO? His Reason Revealed

June 18, 2026
rewrite this title and make it good for SEO CME Group to Sue CFTC Over Approval of Perpetual Futures – NFT Plazas

rewrite this title and make it good for SEO CME Group to Sue CFTC Over Approval of Perpetual Futures – NFT Plazas

June 18, 2026
rewrite this title Deadspin | Ian Poulter, Lee Westwood pay fines, but Ryder Cup still elusive

rewrite this title Deadspin | Ian Poulter, Lee Westwood pay fines, but Ryder Cup still elusive

June 18, 2026
rewrite this title Ethereum Glamsterdam Upgrade Moves Toward 200M Gas Limit Roadmap

rewrite this title Ethereum Glamsterdam Upgrade Moves Toward 200M Gas Limit Roadmap

June 18, 2026
rewrite this title From Headsets to the Room: HP’s Collaboration Overhaul at InfoComm 2026 – UC Today

rewrite this title From Headsets to the Room: HP’s Collaboration Overhaul at InfoComm 2026 – UC Today

June 18, 2026
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.