The Hemp Industries Association and a South Carolina CBD manufacturer are suing the U.S. Drug Enforcement Administration over a recent rule they say wrongly criminalizes how hemp extracts are made.
Read More‘No one seems to want to move on it:’ Q&A with attorney David Kastin on the future of CBD regulations
Hemp Industry Daily recently caught up with Clever Leaves’ David Kastin, who formerly advised CBD retailer The Vitamin Shoppe, to find out how he navigated legal uncertainty to bring CBD to retail shelves and get his predictions on when CBD questions will be resolved.
Read MoreCharlotte’s Web swings to loss in Q2, citing pandemic and operating expenses
Charlotte’s Web Holdings, a CBD manufacturer in Boulder, Colorado, lost $14.4 million last quarter as the coronavirus pandemic slowed retail sales and operating expenses rose 82% from the same period a year ago.
Read MoreFederal hemp underreporting is a huge problem for the industry – but there’s still time
Federal numbers on nationwide acres in certain crops are always a hot topic in the agri-community. But this year’s data suggests that many hemp producers have not contributed to the Crop Acreage Report from the Farm Service Agency, an arm of the U.S. Department of Agriculture.
Read MoreOregon wildfires prompt delay for hemp field day
Out-of-control wildfires in Oregon have caused the state’s agriculture school to delay a virtual event to show off its 2020 research on hemp. Oregon State University has delayed its first Oregon Hemp Field Day by a week, from Sept. 16 to Sept. 23. The school says the first hour of the rescheduled presentation will “be […]
Read MoreSynthetic cannabinoid partnership devolves into $881 million lawsuit
A cannabis research and development deal hailed just last March as a $300 million partnership has morphed into a nearly $1 billion court battle.
Read MoreEarly freeze in Colorado could cost hemp growers ‘catastrophic’ losses
An early cold snap that swept through Colorado this week drove temperatures below freezing and dumped inches of snow, potentially destroying valuable hemp plants nearing harvest.
Read MoreDelaware State wins National Science Foundation hemp grant
Delaware State University has been awarded some $592,000 in a three-year grant from the National Science Foundation to work with undergraduates on developing new applications for hemp.
Read MoreTexas court to review smokable hemp ban on Monday
A Texas judge is scheduled to hear arguments Monday on blocking a ban on smokable hemp.
Read MoreGreen Packaging Reimagined: How hemp is making packaging more sustainable
Cannabis businesses have long struggled with the excessive packaging their products are required to use, employing extra layers of plastic and paper to ensure that flower or vape products are child-proof and don’t fall into the wrong hands.
Read MoreBevCanna acquires online natural-products retailer for $4.6 million
BevCanna, a white-label CBD drinks maker in Vancouver, British Columbia, has acquired an e-commerce company in an all-stock deal worth $4.6 million (CA$6 million).
Read MoreAurora taps hemp veteran as new CEO, signaling revenue decline and massive write-downs
Aurora Cannabis has promoted Miguel Martin to CEO.
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