Are you passionate about hemp and want to share your thoughts, advice and innovative ideas with an engaged and sophisticated audience? Applications are now available to become a speaker at the second Hemp Industry Daily Conference, June 3-4 in New Orleans. Brought to you by the editors of Hemp Industry Daily, this conference is the […]
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PHONE: 720.643.4450
PHONE: 720.643.4450
Physicians warming to CBD drug for epilepsy, pharmaceutical maker tells investors
Broad physician adoption of a cannabis-derived epilepsy treatment is boosting sales for the only company with federal permission to sell cannabis products in the United States. London-based GW Pharmaceuticals told investors Monday that it notched $108 million in sales last quarter and $309 million for calendar 2019. The sales figures were released in advance of the company’s […]
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CBD makers shouldn’t face liability claims until FDA acts, judge rules
A decision by a federal judge in Florida to put a CBD lawsuit on hold pending federal clarity on the extract signals the judiciary isn’t yet ready to start hearing class action claims against the industry. U.S. District Judge Ursula Ungaro ruled Jan. 3 that a CBD manufacturer shouldn’t face certain liability claims until the U.S. Food […]
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CBD producer Mile High Labs lays off 20 employees after major expansion
Mile High Labs, a CBD manufacturer in suburban Denver, said it has laid off 20 employees, mostly sales positions. This week’s layoffs, a cut of less than 10% of Mile High Labs’ workforce, take the company from more than 250 employees to about 230, the Denver Post reported. The layoffs follow a growing trend in […]
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German hemp retailers could face years in prison for selling hemp tea
Prosecutors in Braunschweig, Germany, are seeking prison time against the operators of a retail shop that sold hemp teas. The public prosecutor’s office says the sale of hemp tea is illegal, regardless how low the THC content. The operators of the Hanfbar retail store – Marcel Kaine and Bardia Hatefi – face sentences of three years and 2½ […]
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Truck driver considers suit against Texas cops after wrongful stops for hemp
A Florida truck driver who was stopped twice last month driving hemp from California to New York is now considering a lawsuit against Texas authorities who jailed him and charged him with felony possession of marijuana. Aneudy Gonzales was stopped for a traffic violation near Conway, Texas, on Dec. 5. Texas Highway Patrol seized roughly 3,350 […]
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A hemp license is property, federal judge rules in Minnesota case
A Minnesota hemp farmer facing felony drug charges over a 2018 crop that went hot still has the right to challenge the loss of his hemp license, a federal judge ruled Thursday. Luis Hummel, who owns 5th Sun Gardens in Lanesboro, grew roughly 2,000 pounds of hemp that passed state THC tests before harvest. But […]
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Heavenly Rx continues acquisition streak with Arizona CBD maker
Toronto CBD manufacturer Heavenly Rx is extending its expansion strategy to Arizona, saying Tuesday it has acquired a majority stake in PureKana, a privately held CBD maker in Paradise Valley. Terms of the deal were not released. PureKana makes CBD oils, gummies and topicals, all of which will remain under the PureKana label. The transaction […]
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Top 10 hemp business stories of 2019: Legalization brings new rules, Texas joins industry, farmers struggle with harvest & more
The hemp industry’s pivot from pilot-program experiment to national commodity kept entrepreneurs clicking to keep up with changes for the new industry. And Texas’ entry into the national hemp-producing economy was a development not to be missed. Those were among the most widely read stories for 2019 at Hemp Industry Daily, based on page views. 1. […]
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Editor’s Notebook: Why mom-and-pop CBD retailers have some planning to do
We cheer when the big guys see the benefits and market opportunities of hemp products.
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Louisiana, New Jersey, Ohio are first with approved hemp rules
Relative hemp newcomers Louisiana, New Jersey and Ohio have leapfrogged states with more established hemp programs in winning first approval for their 2020 regulations. The U.S. Department of Agriculture (USDA) said Friday that those three states are the first with approved hemp regulations. The three plan to allow commercial cultivation for the first time in 2020. The USDA […]
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Exclusive: Nevada hemp consultant discusses crop’s potential in Southwest
The desert Southwest could become a critical hemp-producing area for the United States, according to a longtime hemp educator in the University of Nevada system. In this special episode of News & Views – recorded at MJBizCon in Las Vegas – Marysia Morawska, who oversees hemp projects with the University of Nevada Cooperative Extension, sat down with Hemp Industry […]
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