U.S. farmers grew more than a half-million acres of hemp last year worth an estimated $824 million, according to the U.S. Department of Agriculture in a first-ever national accounting of cannabis production released Thursday.
Read MoreBill allowing New York hemp farmers to grow marijuana heads to governor
The New York state Senate passed a bill that would provide hemp farmers a conditional license to grow, process and distribute marijuana products.
Read MoreJones Soda buys Canadian firm, raises $11M in step toward CBD drinks
Craft soda maker Jones Soda acquired a Canadian shell company and raised $11 million in concurrent financing as part of a move to develop cannabis-infused products.
Read MoreEditor’s Notebook: Why MJ operators had exactly the wrong reaction to delta-8 THC
Opinion: Why marijuana operators should have seen the rise of delta-8 THC as a golden opportunity to tackle red tape.
Read MoreAs hemp THC sales boom online and by mail, cannabis industry braces for crackdown
The rise of delta-9 THC products derived from hemp, commonly sold online and shipped across state lines with little of the taxes or safety requirements faced by marijuana producers, has the cannabis industry bracing for tighter state and federal limits on intoxicating hemp products.
Read MoreCajun case study: How Louisiana is taking a different approach to regulating D-8
While many states responded to the delta-8 THC phenomenon by banning the cannabinoid, Louisiana is looking to tame it by regulating D-8 products, mandating testing and enforcing other compliance standards.
Read MoreIs hemp-derived delta-8 THC causing consumer confusion?
Consumers often don’t know the difference between CBD and delta-8 THC
Read MoreOregon seed breeder asks for federal help getting hemp money owed in Kentucky
An Oregon hemp seed breeder is asking a federal court in Kentucky to help it get almost $2 million it received in a dispute with AmHemp Kentucky LLC of Murray.
Read MoreHigher prices and edibles focus are hallmarks of D-8 products sold in MJ dispensaries
Plant-touching companies weren’t the only businesses surprised by the sudden and explosive growth of delta-8 THC in 2020. Sales of the novel cannabinoid surprised trade associations and ancillary companies as well.
Read MoreMost cannabis companies believe D-8 and D-9 can coexist, but safety is paramount
Most cannabis companies believe D-8 and D-9 can coexist, but safety is paramount
Read MoreHow the delta-8 THC industry started, and where it’s headed
When Harold Jarboe told his partners at Columbia River Cannabis in 2014 that he was leaving the licensed Washington state marijuana company to grow hemp in Tennessee, they thought he was crazy.
“They thought I’d lost my mind,” Jarboe recalled. And for a while, it seemed as if they were right.
Read MoreHemp extraction to mushroom extraction? Why some say the pivot is natural
Some say that hemp extractors can make an easy pivot to extracting psilocybin — but others say the equipment and processes are very different.
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