First-time hemp farmers learned hard lessons about the cost of doing business in 2019, when many grew the crop on speculation, without harvest plans or contracts in place. Promised they could make upwards of $50,000 per acre, farmers looking for a reprieve from low crop prices and foreign tariffs rushed into planting and growing the […]
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USDA Hemp Rules: A handbook for hemp CBD businesses
Quick reference guide to new USDA hemp rules, exploring their impact and providing actionable insights for cultivators, extractors, manufactures and investors.
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‘As impatient as we are, we’re going to follow their guidelines’ : Q&A with Ellen Deutsch
Ellen Deutsch, Stem Holdings’ executive vice president and chief operating officer, believes hemp and CBD companies must focus on developing brands that are sustainably produced with high-quality, consistent formulations that will gain trust among consumers.
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Louisiana begins licensing farmers, CBD firms to build state’s nascent hemp industry
Agriculture officials in Louisiana have begun issuing the first hemp production and handling licenses to farmers, processors and transporters, while businesses ranging from gas stations to pharmacies have received the go-ahead they need to sell products containing CBD in the state. As one of the first three states to receive federal approval for its state […]
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Minor cannabinoids offer higher prices and less federal oversight, but risks abound
Farmers feeling the effects of an oversupply of hemp for CBD are looking to minor cannabinoid production as another option to make the kind of profit margins they thought they would see from entering the hemp space. More hemp plant breeders are offering genetics for CBG production in 2020, while others are working to select […]
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How coronavirus in China could be a boon for US hemp producers
The coronavirus outbreak in China likely will benefit American hemp companies that compete with Chinese suppliers on the global and domestic markets. Trade tensions between the United States and China previously caused disruptions in the cannabis supply chain. And this newest issue underscores the vulnerabilities in the global marketplace that vape and other cannabis and […]
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SLIDESHOW: Products for hemp on display at the World Ag Expo
The staff of Hemp Industry Daily attended the World Ag Expo in Tulare, California, this week. Here are some of the new products for hemp cultivation and processing. (Click on the orange arrows to advance the slideshow.)
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UK clears path for CBD food sales but adds dosage limits and safety deadline
British food regulators have given the CBD industry a little over a year to apply for safety evaluations in order to remain on shelves, a landmark advancement as many nations have yet to decide whether cannabidiol can be sold in food. The announcement by the United Kingdom’s Food Standards Agency (FSA) on Thursday also set dosage […]
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Five mistakes to avoid before planting hemp this season
As hemp production grows at lightning speed, farmers are finding that the difference between success and failure in the cutthroat market happens before the first leaves emerge. Selling a hemp crop for the right price is dependent on starting with the right genetics and environment for growing. But in a new industry with a precious […]
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SLIDESHOW: Hempinions at the World Ag Expo
The staff of Hemp Industry Daily is attending the World Ag Expo in Tulare, California. We asked members of the hemp industry: How will farmers cope with the USDA’s hemp rules in 2020?
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President Trump requests additional funds to regulate CBD, hemp
Hemp and CBD would get new attention by federal agencies under a 2021 budget plan released this week by President Donald Trump. Trump’s proposal asks for an additional $5 million next fiscal year for the U.S. Food and Drug Administration to regulate cannabis and its derivatives, including CBD. The president also asked for more money […]
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