The Beer Institute is a national trade association for the American brewing industry, representing both large and small brewers, as well as importers and industry suppliers.
Founded in 1862 as the US Brewers Association and reorganized as the Beer Institute in 1986, The Beer institute represents the beer industry before Congress, state legislatures and public forums across the country.
And they recently weighed in on the emerging world of recreational cannabis products that on now legal in many states across, stating that “intoxicating hemp and cannabis products are fundamentally different than beer and the taxation of them by government entities should reflect these stark differences.”
And given that many beer professionals the US think that the cannabis industry is impacting the beer biz we thought we should share their position with you.
This from their November 12 announcement…
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Beer Institute Establishes Guiding Principles on Intoxicating Hemp and Cannabis Products
(Washington, DC)
Today, the Beer Institute, the oldest national trade organization representing the beer industry, unveiled guiding principles to address the proliferation of largely unregulated intoxicating hemp and cannabis products.
The beer industry believes that the decision to legalize these products should be made by American voters, state legislatures and federal policymakers. As policy discussions unfold, these principles will serve as a comprehensive framework addressing four key areas: revenue, regulation, responsibility and research.
“For decades, America’s brewers and beer importers have demonstrated their commitment to fostering a culture of moderation and the responsible consumption of our products, all within a robust regulatory and taxation system,” said Brian Crawford, president and CEO of the Beer Institute. “The current patchwork of intoxicating hemp and cannabis laws and regulations do not meet the same standards to which the beer industry willingly adheres.”
If these products are legalized, the Beer Institute believes that policymakers should implement appropriate regulatory frameworks at the state and federal levels that inform and protect consumers and ensure intoxicating hemp and cannabis products are marketed, sold and consumed responsibly.
The Beer Institute’s principles provide a comprehensive path to inform policymakers about safe consumption, differentiated taxation, consumer protection and the vital need for more thorough research.
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November 15, 2024 0
The Beer Institute Weighs In On Cannabis Products – American Craft Beer
