After a seasonlong struggle associated with banking and financing their operations, hemp farmers and businesses can exhale now that federal and state financial institutions have loosened reporting restrictions on hemp banking and issued guidance to members.
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Greed, backstabbing and ‘Frankenstein contracts’ in the hemp landscape: Q&A with cannabis attorney Lisa Pittman
Hemp might be legal now, but more and more hemp companies are finding themselves in court. That’s because the booming industry has attracted a mix of new entrepreneurs and get-rich-quick scam artists looking to take advantage of a new market with few established players. Making matters more complicated for hemp businesses is the fact that many […]
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Canadian CBD company seeks to win shelf space with the help of a convenience-store group
Why would a CBD company want to try and enter the mainstream retail market through the labyrinth that is convenience stores and gas stations?
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How a CBD firm and a mattress company partnered on a gummy sleep aid
What better bedfellows to collaborate on a new sleep-aid product than a CBD company and a mattress maker?
That thought was the genesis of a collaboration between Plus Products of San Mateo, California, and New York-based mattress firm Casper Sleep.
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The story behind a hemp extract firm’s distributor deals with major grocery, pharmacy chains
When President Donald Trump signed the 2018 Farm Bill into law, it not only made hemp a legal crop on the federal level, it also made cannabis-derived products more obtainable to consumers beyond marijuana retailers.
A side effect of this development is that securing a partnership with mainstream retail companies has become the goal of every cannabis business hoping to reach more customers and potentially see a huge increase in sales.
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FDA says CBD not recognized as safe for food use, issues 15 warning letters
Federal health officials are standing firm against cannabidiol use in food, issuing a fresh round of warnings to companies making CBD edibles. The U.S. Food and Drug Administration (FDA) said Monday that it “cannot conclude that CBD is generally recognized as safe (GRAS) among qualified experts for its use in human or animal food” based […]
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Federal CBD delays hurting profits and shelf space for manufacturers, companies say
CBD manufacturers have seen wide adoption of their products into mainstream retail chains in recent months, so why aren’t they turning profits as rapidly as expected? The federal government is the culprit, according to some. CV Sciences and Charlotte’s Web are among the cannabis companies that pointed to delayed federal CBD regulations as they reported […]
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FDA says more scientific data needed to move forward with CBD regulation
Federal health regulators say the lack of scientific data about cannabidiol explains their delay issuing new guidance on over-the-counter CBD products. The U.S. Food and Drug Administration (FDA) continues to accept comments on hemp- and cannabis-derived ingredients, months after the comment period closed, according to Sharon Lindan Mayl, senior policy adviser in the agency’s Office […]
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SLIDESHOW: MJBizDaily Awards Hemp Industry Game Changer finalists
The MJBizDaily Awards recognize excellence and impact in the cannabis industry.
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Exclusive webcast: HID’s Nichols breaks down USDA’s new hemp rules
The new national hemp rules from the U.S. Department of Agriculture (USDA) are out, and they could bring big changes for your hemp business. Hemp Industry Daily Editor Kristen Nichols sat down Tuesday to field questions about the upcoming changes to the USDA hemp rules. Topics discussed include: THC testing procedures. Why the DEA is […]
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