Another Kentucky hemp company is filing for federal bankrupticy protection, this time Elemental Pricessing in Lexington.
Read MoreHemp extractor who received stimulus assistance shares tips for others
Kind Roots Botanicals CEO Ross King shares insights into how he got a forgivable loan from the Small Business Administration.
Read MoreFarmers due for another $19 billion in coronavirus aid, but prospects unclear for hemp producers
Pressured to ensure a consistent food supply, the U.S. Department of Agriculture has announced an additional $19 billion for farmers affected by the pandemic.
Read MoreKansas gets USDA nod, will take applications for 2020 until June 1
Kansas has won federal approval to oversee hemp production in 2020, saying farmers have until June 1 to submit applications for growing hemp this year.
Read MoreHemp Industry Daily offers calculator to help businesses plan way out of pandemic
Hemp Industry Daily is providing a free calculator intended to help cannabis companies forecast their financial performance based on different revenue assumptions during the current economic tumult.
Read MoreFlorida hemp plan wins USDA approval in time for 2020 applications
Florida’s proposed hemp regulations have won federal approval, two weeks before the state plans to start taking applications for its first commercial hemp season.
Read MoreHire learning: What hemp leaders have learned about compensation and recruitment strategies in a young industry
Hemp salaries have risen across the supply chain since the crop won federal acceptance in 2018. The illicit market is a thing of the past, and hemp entrepreneurs now compete against multinational agricultural conglomerates to attract talent on and off the farm, from cultivation experts to skilled processors and retailers.
Read MoreConvenience stores adding CBD inventory despite pandemic
Convenience stores added CBD products to their inventories last month even as the coronavirus pandemic depressed sales, retailing analysts say. Convenience chains Circle K and Yesway added CBD products to shelves in March, according to CSP Daily News, which covers convenience store business. Circle K, a division of Laval, Quebec-based Alimentation Couche-Tard Inc., started carrying CBD […]
Read MoreCBD coffee maker extends grocery footprint as cruise-ship business drops
A California company that sells coffee to cruise lines and grocery stores says its subsidiary that makes single-serve CBD coffee pods is extending distribution in grocery stores, a hedge as cruise-ship sales have halted because of the coronavirus pandemic. Youngevity International of Chula Vista, California, announced Monday that its Javalution Hemp Coffee line has extended its […]
Read MoreExclusive: How hemp legalization changed salaries across the industry
For an idea of how federal prohibition skews a labor market, look no further than the boom-boom hemp industry.
Read MoreMinnesota opens 1st publicly funded lab to distinguish hemp from marijuana
Minnesota authorities have tapped a public testing lab to start evaluating the THC content of products sold as CBD. The Midwest Regional Forensic Laboratory in Andover, north of Minneapolis, is a publicly funded lab that will test THC levels of CBD products sold in conventional retailers, the (Minneapolis) Star Tribune reported. The lab is the […]
Read MoreThursday webinar: Hemp experts offer advice on ‘Tapping the Stimulus Package’
The federal government is releasing trillions of dollars to help small businesses stay afloat in this time of crisis. How can your hemp company get the help it needs? The clock is ticking to register for Hemp Industry Daily’s live webcast, “Tapping the Stimulus Package and Other Business Assistance Programs,” scheduled for 1 p.m. ET/ 10 […]
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