Lawmakers in the nation’s second-largest state have agreed to allow hemp cultivation, putting Texas one signature away from joining at least 42 other states to allow commercial hemp farming. The Texas measure, which passed unanimously in the state House and Senate, would not only legalize CBD in the state but would also allow the cannabinoid to […]
Read MoreLondon skin-care firm is newest hemp play by Canadian marijuana producer
A London skin care company is the latest acquisition for Canada’s Canopy Growth, a marijuana producer that is deploying capital around the globe to gain traction for its hemp-derived CBD products.
Read MoreCanada to consult public, businesses on natural health products containing hemp
Canada’s top health agency plans to launch public consultations on a proposed approach for regulating natural health products containing cannabis, Hemp Industry Daily has learned. Any subsequent regulations by Health Canada could have major implications for Canada’s CBD industry, which currently can be accessed only with a doctor’s prescription or through marijuana retailers. “Health Canada […]
Read MoreFive things CBD insiders are looking for from the FDA
The hemp industry cheered when the plant was legalized last year. But the promise of hassle-free commerce from hemp’s most valuable product – the cannabinoids in its flowers – has remained elusive. That’s because the U.S. Food and Drug Administration waited less than 24 hours after hemp was legalized to extinguish hopes that cannabinoids, especially […]
Read MoreAcknowledging hemp ‘uncertainty,’ FDIC chief says banking rules sufficient
Banks may be hesitant to serve hemp companies because of confusion about marijuana laws, the top U.S. bank insurer says. But that doesn’t mean financial institutions should require a new law guaranteeing hemp banking, said Jelena McWilliams, head of the Federal Deposit Insurance Corp. (FDIC), which insures deposits. McWilliams was asked about hemp banking during […]
Read MoreCanadian hemp growers, health food makers fighting CBD limits
Canada is wrongly treating hemp extracts like marijuana, limiting opportunities for farmers and creating a black market for CBD, according to a trade group that wants Canadian health authorities to reclassify hemp-derived CBD.
Read MoreArizona hemp breeder buying two greenhouses
An Arizona hemp company selling feminized hempseeds and clones said it is buying two greenhouses to increase production. According to HempWave, the new greenhouses – in Phoenix and Willcox, Arizona – total 210,000 square feet. The company said the additional greenhouse space will allow it to produce more than 500,000 seeds and 4.5 million clones […]
Read MoreReport: Hemp crop insurance guarantee may see US Senate action
A guarantee about hemp crop insurance may be added to a stalled disaster-aid bill pending in the U.S. Senate. According to The Washington Post, hemp advocate and Senate Majority Leader Mitch McConnell of Kentucky is trying to add language to the legislation to ensure hemp will be eligible for federal crop insurance. McConnell steered hemp […]
Read MoreIowa governor signs law allowing hemp cultivation in 2020
Iowa farmers will have the option of growing industrial hemp next year under a law signed by Gov. Kim Reynolds on Monday. The Iowa Hemp Act passed the Legislature last month with overwhelming support. The law allows licensed growers to cultivate the crop on up to 40 acres. But before cultivation can begin, the Iowa […]
Read MoreConnecticut authorizes CBD in food, hemp farming
A new Connecticut hemp law that allows unlimited hemp production and the sale of foods containing CBD leaves New Hampshire as the lone New England state with no hemp program. The law signed Thursday by Gov. Ned Lamont sets up Connecticut hemp production as soon as this year. Details of the Constitution State’s hemp law […]
Read MoreGeorgia legalizes hemp farming, cites need for ‘new commercial markets’
Citing a need to “open up new commercial markets for farmers,” Georgia has legalized hemp farming in a new law that allows cultivation for all purposes, including CBD-infused foods.
Read MoreCanadian nutritional-supplements firm to buy North Carolina hemp extractor
A Quebec, Canada-based supplements company has agreed to acquire a North Carolina hemp extractor, the latest Canadian cannabis company to move into the U.S. hemp industry.
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