A version of this story first appeared at MJBizDaily. Canadian cannabis retail, CBD and accessory company High Tide announced a deal to acquire 80% of Denver-based CBD wellness product producer and distributor NuLeaf Naturals. High Tide also has an option to acquire the remaining 20% of the Colorado company. The agreement announced Monday is worth […]
Read MoreBanks are interested in serving hemp operators, but confusion and uncertainty reign, says Farm Credit exec
Hemp’s banking challenges aren’t for lack of interest by the financial-services industry.
That’s according to a top banking executive who recently discussed major obstacles facing hemp operators needing financial services despite hemp’s status as a legal commodity crop in the U.S. for the past three years.
Read MoreNIHC proposes new CBD testing and labeling standards to boost consumer confidence
The National Industrial Hemp Council of America is the next trade group getting involved in testing and labeling standards for hemp-derived CBD.
Read MoreCalifornia hempseed operator could serve 10 years in prison for withholding employee pay
A California hempseed farm operator has been charged with grand theft after failing to pay his employees.
Read MoreFDA doubles down on rejecting over-the-counter CBD without more study
Federal food and drug regulators on Tuesday addressed the hemp industry directly for the first time since stakeholders asked for feedback regarding CBD safety back in 2019.
But the message was a familiar one.
Read MoreHemp may need more water than commodity crops, researchers say
Cannabis producers have long believed that hemp and marijuana use less water than other commodity crops, making it an ideal alternative for drought-stricken or arid growing regions.
Read MoreLawsuit against hemp teamaker tossed from federal court
A proposed class-action lawsuit accusing wellness product manufacturer Total Life Changes of making a hemp tea that caused a consumer to fail a drug test has been tossed out of court.
Read MoreNew hemp-focused ESG fund plans to raise $500 million for industry by 2030
An environmental, social and governance fund focused on developing the hemp supply chain and infrastructure for food and fiber launched Saturday, with a plan to inject $500 million into the industry by 2030.
Read MoreBlack farmers group, Oregon State to give out 1 million donated hempseeds
A hemp crop science company has aligned with the National Black Farmers Association and Oregon State University to provide one million hemp seeds to Black and Indigenous farmers and farmers of color without capital investment.
Read MoreNew York approves new hemp-CBD product rules
Cannabis regulators in New York on Wednesday unanimously approved the state’s new rules for hemp-derived CBD products.
Read MoreUSDA approves Idaho hemp production plan
Federal agriculture officials have given the green light to a state hemp production plan for Idaho, the last state to pass hemp legislation.
Read MoreTribal nations looking to collaboration to realize cannabis business opportunities
American Indian communities are increasingly collaborating to get a piece of the explosive growth of the cannabis industry by offering products based on tribal medicine from their ancestral origins.
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