Crescent Canna’s Future Hangs in Balance | New Orleans News

New Orleans’ booming hemp startup Crescent Canna, ranked 407 on the Inc. 5000 for its explosive 800% revenue growth, faces a potential existential threat as federal THC limits loom—set to take effect November 12th with a proposed 0.4mg cap per container that could erase entire product lines, including their wildly popular 9 THC Seltzer. Already reeling, the company slashed its sales team and lost retailer interest amid regulatory uncertainty fueled by a last-minute loophole-closing provision in the Farm Bill. With Congress still debating specifics and no clear path forward, Crescent Canna—and countless other innovators—are stuck, unable to invest or scale, as the future of their business hangs in the balance until Washington delivers clarity. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1d8c74615ec06e66