A bill authorizing hemp cultivation in Wisconsin awaits the signature of Republican Gov. Scott Walker after both chambers of the state legislature unanimously approved the measure. But Walker isn’t saying whether he’ll sign it into law. A spokesman told The Associated Press the governor would review the bill but did not commit to signing it. […]
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EMAIL: kristenn@mjbizdaily.com
PHONE: 720.643.4450
PHONE: 720.643.4450
Canada awaits hemp boom, with companies pivoting to capitalize on CBD
Excitement about hemp’s market potential is white-hot in Canada, where hemp production already overwhelms the United States and changing regulations could unleash a huge new market for CBD products. Company after company in Canada is gambling that the government will soon dramatically expand how the nation’s 120,000 acres of hemp can be used.
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Hemp wins unanimous approval in Wisconsin Senate
Hemp is cruising through the Wisconsin state legislature, where the Senate voted 33-0 to approve cultivation of the new crop. The Wisconsin bill hemp bill now heads to the Assembly, which scheduled a hemp hearing Wednesday. The final Assembly vote on hemp could come Thursday, according to WHBL-TV, possibly sending the bill to Republican Gov. […]
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CBD products are usually mislabeled, study finds
Most CBD products sold online don’t contain the promised amount of CBD, a potential red flag for regulators deciding whether to crack down on a product commonly used for medical reasons. A study published Tuesday in a leading medical publication, the Journal of the American Medical Association, showed that less than a third of CBD […]
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Canadian MJ grower buys Maine hemp farm for CBD production
A Canadian company that specializes in indoor marijuana production is going outside – buying a Maine hemp farm to ramp up its CBD oil production. Future Farm Technologies of Vancouver said in a news release it has acquired a 120-acre industrial hemp farm in Amity, Maine. Terms weren’t disclosed. Derek Ross, the farm operator and Future […]
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FDA sends another round of warnings to CBD producers
Federal drug authorities have sent another round of warning letters to CBD producers about making health claims. The recipients include CW Hemp, the Colorado Springs, Colorado, company that supplies the popular Charlotte’s Web medicine for intractable epilepsy. The Food and Drug Administration sent four warning letters Wednesday to two Colorado companies – CW Hemp and Pueblo-based That’s Natural! […]
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Hemp State Highlight: Oregon positioned for national dominance with tested products
By Kristen Nichols
When it comes to hemp, Oregon is no little brother to its more populous neighbors to the north and south.
Washington state bans hemp production for high-value CBD products, and California is headed toward a patchwork of local hemp regulations. Meanwhile, Oregon is poised to become a national hemp leader.
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Tribe sues DEA, California county for removal of 26-acre hemp crop
A Native American tribe based in Nevada is suing the U.S. Drug Enforcement Administration over the seizure of a 26-acre hemp crop growing in California. The Winnemucca Indian Colony of Nevada – a federally recognized tribe of Western Shoshone and Northern Paiute Indians in northwestern Nevada – is also suing officials in San Joaquin County, California, where the grow was located, […]
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Colorado biotech firm hires UC Davis to research hemp
A Colorado agricultural biotech that specializes in marijuana is paying a major California agricultural research university at least $150,000 to study the hemp genome in an effort to reduce the need for using pesticides and fertilizers on the plant. Lafayette-based Front Range Biosciences said in a news release it reached an agreement with the University of California, […]
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Damian Marley marijuana company to add hemp-derived CBD line
The youngest son of late reggae star Bob Marley is the latest marijuana entrepreneur to launch a line of CBD products derived from hemp. Damian Marley’s marijuana company, California-based Stony Hill Corp., is selling CBD tinctures, gummies and topical creams under the name Stony Hill CBD, according to a news release. The products will be […]
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Hemp output booming in Uruguay, with CBD exports planned
Hemp production is booming in Uruguay, where acreage this year has tripled. Bloomberg reported that nine companies are authorized to plant about 3,000 acres of hemp this year, up from 988 acres in 2016. Sergio Vazquez, who evaluates and monitors hemp projects as head of a technical advisory body at the agriculture ministry, said investors plan […]
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North Dakota tobacco shop owner faces criminal CBD charges
A North Dakota tobacco shop owner faces criminal charges for selling CBD products, a case that could test the state’s definition of the cannabinoid. Falesteni Abuhamda, the owner of two Tobacco Depot stores, tried unsuccessfully to have his case dismissed by a judge, arguing that the CBD he was selling was legal, according to the […]
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