A Colorado proposal to use $5 million in marijuana tax collections to help buy machines to process hemp fibers failed.
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PHONE: 720.575.5528
Share your insights in Hemp Industry Daily’s annual business survey
Hemp Industry Daily is gearing up to produce its annual industry Factbook, and we need your help.
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From the Roots Up: A Guide for Hemp Cultivators
All hemp products are dependent on one thing: the ability to grow a reliable and quality crop. Growers need to pick plants that will deliver the characteristics they need and provide inputs that support the end goals. But where to begin? In this guide, some of the industry’s most experienced and innovative cultivators share their […]
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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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Exclusive Webcast: Village Farms CEO talks strategy for cannabis
Village Farms is counting on its 30-plus years of experience in megascale, low-cost product growing to give it a leg up as it shifts focus to the Canadian cannabis and U.S. hemp markets.
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Deadline is approaching for MJBizDaily’s cannabis industry awards
The deadline for submitting nominations for Marijuana Business Daily’s inaugural MJBizDaily Awards is Saturday. The awards, which will be held during MJBizCon Week (Dec. 7-13) in Las Vegas, will recognize the top companies, individuals and organizations participating in the global cannabis industry. The MJBizDaily editorial staff will choose the winners in the awards categories that cover different […]
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Don’t fall victim to fantasy valuations in the hemp sector
We often hear from acquirers and company owners alike in cannabis sectors that the times we are living in now are like “the first years after Prohibition in 1933.” The implication is that hemp and marijuana versions of Anheuser-Busch, Coors and Seagram are being formed now, and it won’t be long before products will start […]
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‘It’s great to be immature,’ hemp conference attendees told about their growing industry
Hemp is technically legal in the United States, but the industry has a long way to go before the market truly develops. And that may be a very good thing, Kristen Nichols, editor of Hemp Industry Daily, said Wednesday as the inaugural Hemp Industry Daily Conference opened in New Orleans. “It’s great to be immature!” […]
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Report: American CBD sales to reach $7B by 2023 as investments surge
The passage of the U.S. Farm Bill flung open the door for institutional investors to pump millions of dollars into hemp and CBD companies – and financial firms are walking in, according to a new report from MJBizDaily Investor Intelligence.
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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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Italy’s interior minister declares war on hemp products
In a move seen as more bluster than substance, an Italian official vowed to close all “cannabis light” – defined as cannabis with THC levels below 0.2% – shops in the country.
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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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