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Writer's pictureTurkey

List of Potential Outcomes From the 2024 Farm Bill

PLEASE UNDERSTAND THIS IS MY OPINION AND I HAVE NO INSIDER KNOWLEDGE. SOMETHING NOT ON THIS LIST COULD HAPPEN INSTEAD BUT THIS IS MY BEST GUESS. IF YOU HAVE YOUR OWN TAKE FEEL FREE TO LEAVE IT IN THE COMMENTS.


The farm bill for 2024 that will be drafted in September will likely hurt this industry badly if not destroy it entirely. These noids exist because of a loophole and are currently unregulated and more importantly, untaxed.


The outcomes possible (in my opinion) are:


Nothing happens

I don't really see this happening. Many government organizations and media outlets have been making a stink for a while about this whole thing for a hot sec now.


Noids get regulated across the board

Also a situation I find incredibly unlikely. The only scenario in which this happens in 2024 would have to also include full federal legalization of weed, which does not seem to be on the horizon. They wouldn't start a nationwide regged market of altnoids before allowing regular d9.


One or just a few noids get regulated - the rest banned

This is one of the scenarios I think is realistically possible. The most likely candidates for getting regulated would be either D8 on its own or D8 and HHC. They are the most popular altnoid phytos and seem to be getting a little bit more wiggle room with the public than things like the acetates. On the topic of acetates, I find it highly unlikely that they survive this. Ever since that University of Oregon study came out it seems like the acetates are public enemy number one.


I would suspect that the regulation would be left up to states, just like with D9, so states without legal D9 are kind of screwed.


The loophole is closed and the psychoactive noid market pretty much collapses overnight.

I hate to say it, but if I were a betting man this is where I’d put my chips. The only reason these noids exist in the first place is because of a loophole, and a pretty easily fixable one at that. This market hurts the government's bottom line as it stands today.


They go full sicko mode

It is possible that they could do the above but also ban cnoids federally as well. If this were to happen it's likely that CBD would get regulated and the others would be purged. I have trouble believing that they would nuke CBD too, but hey, you know what they say! The next time that somebody tells you, “The government wouldn’t do that,” Oh yes they would.


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Altus.Noidus
Altus.Noidus
Aug 02, 2023

Thank you for all you do, Turkey. 🙏

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