Hemp and cannabis cultivators are turning to technology and automation to help achieve efficiencies, cut costs and keep workers safe during the coronavirus pandemic and the current economic downturn.
Read MoreNew York hemp company lands $100 million in acquisition restructuring plan
Multistate marijuana operator Acreage Holdings is getting $100 million to shore up a hemp-focused subsidiary, part of a restructuring announced Thursday with Canadian marijiana giant Canopy Growth Corp. Canopy announced plans to acquire Acreage last year. The restructuring includes a loan from Canopy so that Acreage’s hemp subsidiary, called Acreage Hempco, can “participate in the […]
Read MoreUK down-schedules CBD drug to lowest level for controlled drugs
The United Kingdom has down-scheduled Epidyolex to the lowest level of control for drugs, greatly easing restrictions on the cannabidiol medicine and reducing red tape for companies that supply it.
Read MoreHemp Industry Daily Conference Direct tackles industry’s biggest issues with more than 30 sessions
Hemp Industry Daily Conference Direct, scheduled for June 29th through July 1st, offers a state-of-the-art, immersive and interactive educational experience that delivers an unprecedented educational track for business professionals in the hemp industry. The conference will feature more than 30 Live and On-Demand sessions exploring the industry’s biggest issues and emerging opportunities for hemp business […]
Read MoreHemp Industry Daily Conference Direct adds matchmaking based on AI
Hemp Industry Daily Conference Direct will feature a dynamic networking engine that uses artificial intelligence to suggest the right people to meet at the event. The new feature – called Network Builder – will empower attendees, speakers, and exhibitors to meet with a smart event-engagement platform that drives unparalleled professional connections. The Network Builder feature […]
Read MoreFirst Big Tobacco company to enter hemp market files for bankruptcy
Pyxus International, the first Big Tobacco company to join the hemp and marijuana industries, has filed for bankruptcy protection.
Read MoreUN members meeting next week to consider CBD changes
A meeting is scheduled for next week to discuss World Health Organization recommendations on marijuana, CBD and related substances.
Read MoreHemp infractions snare Oregon MJ producers
Illicit hemp production and processing by three Oregon marijuana producers was cited by authorities last month in sanctioning the companies.
Read MoreNonprofit resource group seeks to set water standards for hemp, MJ growers
Portland, Oregon-based Resource Innovation Institute (RII) is hoping to establish standards for water quality and water use for hemp and marijuana cultivators, including both indoor and outdoor growers.
Read MoreCanadian court OKs sale process for former CBD giant Green Growth
Beleaguered multistate cannabis retailer Green Growth Brands’ sale and investment solicitation process (SISP) was approved by a Canadian court.
Read MoreCannabis giant Canopy Growth reaffirms CBD strategy as it pares overall outlook
International cannabis giant Canopy Growth Corp. remains bullish on the U.S. CBD market, even as the company reported an eye-popping net loss of 1.3 billion Canadian dollars ($944 million) last quarter.
Read MoreLobby group seeks USDA changes on hemp assistance
Citing a precipitous downturn in hemp commodity prices, the U.S. Hemp Roundtable has written to federal agriculture authorities seeking an exception to agency rules on getting coronavirus pandemic-related assistance.
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