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Jenel Stelton-Holtmeier

Jenel’s journalism experience began two decades ago at her hometown newspaper in Wahpeton, North Dakota. For the past decade, she wrote and edited for a B2B publication and focused on analyzing management, strategy and trends for business owners and executives, ranging from best practices around M&A to how businesses can adapt to demographic shifts in the workforce. Her work earned several editorial excellence awards from the Specialized Information Publishers Association.


CBD maker Charlotte’s Web to begin trading on Toronto Stock Exchange

Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock Exchange (TSX). The company expects to start trading on the TSX on May 31 and will maintain its Canadian Securities Exchange ticker CWEB. The move to the TSX – the world’s ninth-largest exchange in terms of market capitalization […]

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Applications for hemp licenses continue to balloon across US

The number of applications to grow hemp received by states has continued to increase rapidly in the wake of the 2018 passage of the Farm Bill. The West Virginia Agriculture Department reported that the number of licenses issued so far this year has more than tripled to 158, compared with 46 in 2018. The agency […]

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Curaleaf agrees to buy Cura Partners for CA$1.27 billion in all-stock deal

Massachusetts-based Curaleaf, a vertically integrated marijuana and hemp company, agreed to acquire Portland, Oregon-based Cura Partners in an all-stock deal worth 1.27 billion Canadian dollars ($949 million). Curaleaf will issue 95.6 million subordinated voting shares, giving Cura a roughly 16% stake in the company. Cura’s Select brands are available in more than 900 retailers, mainly in […]

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Health Canada cuts red tape for hempseed shipments to US

The hemp industry in Canada is welcoming a move by the country’s regulatory body to simplify the export of hempseed to the United States ahead of this spring’s planting season. Last week, Health Canada notified hemp license holders and applicants the agency would no longer require an import permit from the U.S. authority before issuing […]

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Charlotte’s Web appoints former Kellogg executive as CEO

In an effort to move into the mainstream CBD space, Boulder, Colorado-based CBD manufacturer Charlotte’s Web Holdings has selected a former Kellogg executive to serve as its CEO. Adrienne “Deanie” Elsner will assume the role effective May 15. Elsner was previously president of the U.S. snacks division at Kellogg. “Deanie’s appointment is timely and aligns […]

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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 […]

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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 […]

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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 […]

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