According to his former co-worker, the world's most boring wrestler, Lance Storm, Jeff Hardy was not selling drugs. He just loved drugs more than the average man.
The first thing I want to say is that people need to remember that being charged with something and being guilty of something, can be two different things. I’ve gotten email from fans that were both crushed and appalled to read that Jeff Hardy was dealing drugs. Let me just say, I don’t believe for a second Jeff Hardy was selling drugs and I’m pretty sure that any trafficking charges are based solely on the quantity of drugs found, not him actually selling them. I believe in the US there are limits on the amount of certain drugs you can have in your possession, and as soon as those limits are reached the charge is trafficking, because they feel you have more of the substance than would normally be considered for personal use.
Storm can be heard regularly doing a bi-weekly podcast at the Wrestling Observer website. Highly recommended if you enjoy stories from people who made a point of never doing anything interesting.
Chris Jericho has also responded. Via Twitter:
Don't think of judging Jeff Hardy until you've walked a mile in his shoes. I will always have Jeffs back...