A long-awaited end to five decades of hemp prohibition has been approved by a House-Senate panel, opening the door to hemp production in all 50 states for any use – including CBD.
Read MoreNew York state bans CBD foods, vape products
New York state is banning CBD vape and food manufacturing and asking 2019 hemp licensees to sign a waiver acknowledging the “inherent risk” of making a dietary supplement considered off-limits by federal health authorities. The New York State Department of Agriculture and Markets also will require hemp-derived CBD supplements to go through the same testing as […]
Read MoreTexas looks to join national hemp boom
Texas should join the hemp craze, according to the top agriculture official in the largest state not to allow cultivation of the plant. Texas Agriculture Commissioner Sid Miller is calling on the U.S. Congress to lift limitations on hemp farming, The Dallas Morning News reports. “This is all about taking the shackles off the American […]
Read MoreReport: Felons already growing hemp can continue under Farm Bill compromise
While a reported compromise on the 2018 Farm Bill has not been officially released, details are starting to leak about felon participation in the industry. A hemp-legalization measure poised for final action in Congress this month would set up a two-tier system for drug felons, McClatchy’s Washington bureau reported. Felons already growing hemp in states […]
Read MoreMontana hemp grower pursues reverse takeover in bid to go public in Canada
A Montana hemp producer plans to go public in Canada via a reverse takeover, becoming the latest U.S. cannabis business to get its shares listed north of the border through an RTO. Vitality CBD Natural Health Products, a privately held company in Eureka, Montana, is seeking to trade on the Canadian Securities Exchange after taking over […]
Read MoreCBD beverage maker eyes global expansion via $85M purchase of Utah company
A Denver company that makes CBD drinks has agreed to acquire a Utah beverage company to increase its distribution might, especially in Asia. New Age Beverages Corp. (Nasdaq: NBEV) announced that it will acquire privately held Morinda Holdings of Provo, Utah, for $85 million. Here’s what you need to know: New Age will pay $75 million […]
Read MoreNew Mexico finalizes hemp rules in time for 2019 crop
New Mexico authorities have finalized hemp rules in time for farmers to produce the state’s first legal harvest in 2019. The regulations proposed by the New Mexico Department of Agriculture were approved late last week. New Mexico will set different hemp fees for outdoor grows versus indoor or greenhouse grows. Prospective hemp producers will have […]
Read MoreIowa opens medical CBD sales Saturday under cloud of confusion
Iowa’s first licensed medical cannabis producer is walking a fine line as his state opens CBD sales Saturday. On one hand, Iowa has gone to great lengths to say that it will allow only cannabidiol products, not THC goods. On the other hand, MedPharm Iowa is growing cannabis that federal law would consider marijuana, not […]
Read MoreCannabis-waste recycler wins Colorado grant to develop aftermarket hemp products
A cannabis-waste startup has been selected to receive a $250,000 grant from Colorado to find aftermarket uses for hemp and marijuana waste. 9Fiber of Silver Spring, Maryland, plans to process waste hemp and marijuana stalks for industrial purposes such as bioplastics, construction materials and animal bedding. The company expects to start operations in Pueblo, Colorado, in […]
Read MoreKentucky tobacco company buys stake in hemp manufacturer
Citing increased CBD sales, a Kentucky tobacco company is getting into CBD manufacturing. Turning Point Brands said it is buying an ownership stake in Canadian American Standard Hemp (CASH), a privately held company in Warwick, Rhode Island. CASH, a hemp-derived cannabinoid producer, manufactures white-label CBD tinctures, topicals, capsules and vape products. Turning Point’s move into […]
Read MoreNorth Dakota court asked to ignore CBD’s legal status as retailer appeals drug conviction
A tobacco-shop owner appealing his drug conviction said the products he sold were perfectly legal, but prosecutors want North Dakota’s highest court to leave that question to a jury. The North Dakota Supreme Court heard arguments this week in the case of Falesteni A. Abu Hamda, who was charged in 2017 with seven drug crimes after […]
Read MoreNew Jersey authorizes hemp but gives no timetable and few details
In a new state statute authorizing hemp production, New Jersey has directed agriculture authorities to promote the plant “to the maximum extent permitted by federal law.”
But the Garden State provided few details on what that means.
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