Brind.

Tennessee Hemp Industry Faces Revenue Collapse Following New State Regulation

1 report, 1 independent Updated Thu 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

A new Tennessee law, passed in April 2025, cracked down on the hemp industry by targeting products with a total THC concentration exceeding 0.3% on a dry weight basis. Dwayne Madden, CEO of Hemp House, reported that his three stores in East Ridge, Hixson, and Ooltewah have seen an 80% cut in revenue since July 1st due to the regulation. The law also bars hemp or hemp plant parts.

From local3news.com

Why it matters

Some supportBrind's analysis of the reports

The regulation, which State Senator Richard Briggs supported, has caused severe economic distress in the targeted hemp industry. Madden noted that the decline in business was predicted even before the law took effect.

From local3news.com

Who's involved

  • MaddenCEO of Hemp House, operating stores in East Ridge and Ooltewah
  • Richard BriggsState Senator who supported the law cracking down on the hemp industry
  • TennesseeState where the new hemp industry regulations were enacted

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Richard BriggsSpeculative

    The hemp industry that Richard Briggs supported the crackdown on could see reduced sales and demand.

Keep exploring

The entities involved

  • Madden

    Norwegian musician

    Nothing else this week.

  • Ooltewah

    census-designated place in Hamilton County, Tennessee

    Nothing else this week.

  • East Ridge

    city in Hamilton County, Tennessee, United States of America

    Nothing else this week.

Coverage

Newest first; wire copies grouped