Virginia tobacco giant adds hemp to its lobbying activity

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Virginia tobacco giant Altria has added hemp policy to its lobbying activities, spending roughly $60,000 this year to lobby the U.S. Congress and U.S. Division of Agriculture on “matters pertaining to hemp and crop insurance coverage.”

The lobbying, initially reported by Cannabis Wire, marks an initial lobbying work connected to hemp by the parent firm of Philip Morris USA.

The tobacco company’s disclosure does not say what the firm is pushing for when it comes to hemp and how it is insured.

Atria joined the cannabis market earlier this year when it invested about $1.eight billion in Ontario-primarily based cannabis producer Cronos Group, taking a 45% stake in what so far is the biggest investment by a tobacco firm in the cannabis space.

To study Altria’s hemp-lobbying disclosure type, click right here.

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Categories: Briefs, Hemp Legalization &amp Regulatory News for Hemp Organizations, Virginia Hemp Business enterprise &amp Legal News

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