Whitt Steineker Quoted in CNN Business on the Recent Rise of THC Beverages

Bradley attorney Whitt Steineker was quoted in CNN Business on the rapid expansion of the THC beverage market and the future of the 2018 Farm Bill. The Farm Bill is a document that governs a wide range of agricultural and food assistance programs, and it includes a few pages that legalized the production of hemp, defined as a cannabis plant that has no more than 0.3% delta-9 THC on a dry-weight basis (cannabis plants with higher concentrations of THC are classified as marijuana).

The current legislation has been extended through later this year. But if the administration decides to make hemp illegal in the next farm bill,it would have a chilling effect on the THC beverage industry, said Steineker.

“You would see the money flow really dry up,” he said.

The full article, “Alcohol use is declining. THC is swooping in,” was published by CNN Business on May 11, 2025.