Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]
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The First-Ever Hemp Variety Yearbook
In an industry without a definitive and reliable guide to hemp varieties, Hemp Industry Daily introduces the first-ever Hemp Variety Yearbook. This is more than a report; it’s the only guide of its type for 2020, dedicated to helping you pair the right hemp genetics with the best growing environment.
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BRN maintains interest in Green Growth’s CBD business, but transaction likely stalled
The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the potential sale of the business might […]
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Editor’s Notebook: CBD makers can learn from others’ marketing miscues
It’s hard not to laugh some days at the onslaught of novel CBD products.
Folks are advertising the cannabinoid in a head-scratching array of products, from sports bras to suppositories.
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Military interested in hemp fiber and polymers; Wisconsin university researching possibilities
The U.S. military and researchers at a Wisconsin university are discussing making hemp fiber to replace imported polyester and polymer in Army vehicles – a potential partnership that would return the state to the days it was the epicenter of fiber production during both World Wars. To make it a reality, researchers at the University […]
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Coronavirus stimulus package covering hemp industry signed into law
A new $2.2 trillion package designed to prevent the U.S. economy from collapsing has room for hemp businesses and farms.
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How to promote CBD products while complying with federal laws
CBD is currently the fastest-growing segment in the cannabis industry, with new companies jumping into the market almost daily and retailers from big-box chains to mom-and-pops eager to stock their shelves with the hot, in-demand products.
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States split on following USDA hemp rules in 2020
More states have declared that they’re going to stick with their own rules for the 2020 hemp production season, rather than follow federal guidelines on the new crop. To date, 20 states have said they will follow the 2014 pilot rules this growing season, outnumbering the 12 that have so far received U.S. Department of […]
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Hemp farmers, businesses could benefit from US coronavirus economic stimulus package
Farmers who produce hemp, along with other hemp businesses, could see relief from the coronavirus economic stimulus deal that the U.S. Congress reached early Wednesday. In the largest economic rescue package in American history, the Senate and the White House reached a deal to spend $2 trillion to keep the U.S. economy afloat. The deal, […]
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CBD makers take stock of sales, strategy in coronavirus landscape
The coronavirus pandemic has upended the economic landscape and forced businesses of all sizes and industries to suspend operations, cancel events and furlough tens of thousands of workers. With markets in free fall and states imposing lockdowns across the U.S., some have argued that the hemp-derived-supplements industry could see an increase in demand as consumers […]
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Green Growth Brands says laid-off workers will be paid while sale of CBD business continues
Cannabis retail giant Green Growth Brands, which abruptly laid off 870 workers last week and told them that plans to sell part of the business could be delayed “until the world begins to resume normalcy,” is trying to reassure investors and former employees that its transition plans are intact.
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