Farmers across the United States who produced hemp this year are using any means necessary to sell crops that are either still waiting in their fields to be harvested or drying postharvest. From posting hemp for sale on LinkedIn to working with brokers, farmers this season are looking for strategies to profit from hemp even […]
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Exclusive: US retail sales of CBD may increase 133% in 2019, surpass $10 billion by 2024
Retail sales of CBD in the United States are expected to surpass $1 billion in 2019 – a 133% increase over 2018 sales – and might eclipse $10 billion by 2024, according to projections from the newly released 2019 Hemp & CBD Industry Factbook. The recent surge of consumer demand for CBD, coupled with increasingly […]
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Canadian hemp producer braces for Latin American competition
A Canadian greenhouse vegetable producer making an expansion into hemp is bracing for Latin American competition as it expands its operations.
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Southeast harvest preview: 98% of North Carolina and Virginia farmers planted hemp for CBD production
Hemp producers in the South faced a dry, warm growing season, along with high disease and pest pressure.
Most farmers growing hemp for CBD production and smokable flower were challenged especially by corn earworms attacking flowers.
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5 vying for Hemp Game Changer nod at first MJBizDaily Awards
Cultivator of the Year. Regional Game Changer. Community Impact. These are just some of the categories for which the editorial team of Marijuana Business Daily vetted more than 670 entries for the inaugural MJBizDaily Awards. With the list of nominees having been culled to 55 finalists, a panel of cannabis industry professionals is hard at […]
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Canopy, US hemp grower head to court over dismal crop, missed payments
Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer are suing each other in rival federal cases over a bad crop and allegations of missed payments and misspent advances. The cases center on Go Farm Hemp, a Henderson, Nevada-headquartered company that entered contracts to grow hemp in 2019 for Canopy Growth in Colorado, Kentucky, […]
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Why harvesting and processing may be expensive lessons for this year’s new hemp farmers
First-time hemp farmers who hurried to cash in after the crop became federally legal may be the biggest losers of this crop year, experts say. Congress legalized hemp to bring a new crop to farmers hurting from depressed markets, low prices and crop tariffs. But with hemp acreage up more than 300% this year, according […]
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Cannabis courses, research spring up at colleges – and industry is noticing
Both hemp and marijuana businesses are taking careful note as professional cannabis courses and programs spring up at universities and other educational institutions across the country.
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Mid-Atlantic harvest preview: 75% of Pennsylvania CBD producers lack purchase contracts
A soggy spring and humid summer have challenged hemp producers in the mid-Atlantic states, where cultivars bred for drier climates have struggled in the 2019 growing season.
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CBD manufacturers seek market edge touting absence of common weedkiller
A weedkiller so common in global agriculture that it turns up in rainwater and animal tissue is giving some CBD producers a strategy to stand out in a crowded market – by advertising their CBD doesn’t contain it. Several CBD producers, including RE Botanicals and Bluebird Botanicals, are rolling out product labels promoting the absence of […]
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