Upheaval is ahead for North America’s CBD market, and those companies that focus on data, research and branding are the ones that will likely survive, according to Canopy Growth CEO Bruce Linton. “Water’s free, and you can make a lot of money packaging and branding it,” he said at the Cannabis Conference in Toronto, hosted by […]
Read More
Featured News
New Free Report
2018 Farm Bill Report
The hemp industry experienced a seismic shift with the passage of the 2018 Farm Bill: Cultivation of hemp is now federally legal, and so is hemp-derived CBD. Hemp Industry Daily breaks down the new rules for you in our SPECIAL REPORT on the future state of the industry, 2018 Farm Bill: What’s Next for Hemp?
DOWNLOAD NOW
More Exclusive Features
Lawsuit: Federal farm official threatened Oklahoma farmers over hemp
An Oklahoma hemp company is suing a federal agricultural official for allegedly trying to coerce farmers away from participating in the state’s industrial hemp pilot program through false and unlawful statements. The lawsuit by Equitable Organic Ventures (EOV) claims that Scott Biggs, executive director of the Oklahoma division of the U.S. Department of Agriculture’s Farm […]
Read More
Florida agriculture chief readies state for hemp industry
Florida’s farmers are hopeful that hemp will become legal in the state in time to plant this year. The idea also is gaining popularity among lawmakers, with hemp legislation making its way through the Florida state Senate and House. Farmers need a lifeline, and hemp is it, Florida Agriculture Commissioner Nikki Fried told Hemp Industry […]
Read More
Hemp companies left looking for banking alternatives
The stability that the 2018 Farm Bill was supposed to bring to the hemp industry remains elusive, particularly on the banking front, where a risk-averse industry has been pulling its previously dipped toes out of the water. U.S. Bank’s payments processing subsidiary Elavon recently opted to pull out of offering services to hemp farmers and […]
Read More
New opportunities, some headaches
The Farm Bill’s passage presents marijuana cultivators, extractors, manufacturers and retailers with a boatload of federally legal business opportunities by way of hemp-derived CBD. But the pivot from a mainly marijuana company to a CBD firm is fraught with regulatory hurdles, gray areas and logistical challenges. Entering the hemp-derived CBD space isn’t as simple as […]
Read More
Can big and small fish coexist in hemp?
Assuming the U.S. Food and Drug Administration develops health and safety regulations for CBD products, larger hemp companies with more capital may be poised to gobble up mom-and-pop hemp companies to supply big consumer-packaged-goods companies with CBD. In other words, the hemp industry may grow in acreage but contract in participants. For GenCanna, a Kentucky […]
Read More
US hemp map: Regional strengths, weaknesses for the industry
As the hemp industry has grown, a variety of states also have developed in different ways. Here’s a look at how the industry has developed – and what hemp entrepreneurs can look forward to – in the different regions across the country. The Hemp Cradle For years, Colorado led the nation in industrial hemp production […]
Read More
Do’s & don’ts of hemp cultivation
The Farm Bill opens a raft of opportunities for would-be hemp cultivators, including marijuana growers and smaller, traditional crop farmers. But doing it well requires shrewd planning and savvy dealmaking. When mulling a foray into growing hemp, consider the following: Ask for payment up front when making a deal to cultivate on behalf of another […]
Read More
Race is on for hemp companies to raise capital
Now that hemp is a federally legal product, the door is open for large institutional investors to enter the market and pump millions – if not billions – of dollars into hemp and CBD companies. And hemp companies that have relied on private equity or turned to Canada’s public markets to raise capital have new […]
Read More
Landing tax incentives, grants for your hemp business
Savvy hemp entrepreneurs can snag free government dollars that are virtually out of reach for marijuana businesses. And now that the 2018 Farm Bill has become law, an even bigger checkbook awaits in the form of Uncle Sam. “The big money is the USDA,” said Jonathan Miller, a lawyer for the U.S. Hemp Roundtable, a […]
Read More