Briefs

Hemp hangs in balance as Farm Bill talks stall

Entrepreneurs hoping for a long-awaited hemp expansion from Congress are nervously watching as the end-of-the-month deadline nears. Hemp farmers hoped to see quick action on the 2018 Farm Bill, including a provision to take hemp off the Controlled Substances Act that was included in the Senate version. Here’s what you need to know: The current […]

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Federal judge shuts down West Virginia hemp farm over seed allegation

A federal judge has ordered a West Virginia hemp farm to shut down over allegations that the operation illegally imported seeds from Kentucky. U.S. Attorney Mike Stuart argued that Grassy Run and its affiliated company CAMO Hemp WV received about 5,000 pounds of hemp seeds from neighboring Kentucky instead of getting a license for them from […]

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Aurora makes big move into European hemp, CBD market

Continuing its global acquisition spree, Aurora Cannabis acquired two Lithuanian hemp companies for 6.3 million euros ($7.3 million) in cash and stocks. Edmonton, Alberta-based Aurora acquired hemp grower and processor Agropro UAB, which has some 4,000 acres growing hemp, and Agropro’s sister company, Borela UAB, which processes and distributes organic hulled hemp seeds, hemp seed protein, […]

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No CBD in food, no applications from felons under new Utah hemp rules

Utah approved new hemp rules to allow production to begin with the next growing season – and while the regulations allow for cannabinoid extraction, adding CBD to foods is a strict no-go. The state plans to charge hemp farmers $500 for a one-year license. Hemp can be grown for CBD extraction, and both indoor and outdoor […]

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Virginia to keep CBD-only medical cannabis licensing review secret

The state panel that will award Virginia’s first five CBD-only medical marijuana business licenses will keep the application review process confidential. Virginia Board of Pharmacy chair Rafael Saenz announced Tuesday that the 51 applications would be considered in closed session, the Richmond Times-Dispatch reported. Regulators conferred about Virginia’s public-meeting law for 30 minutes, before a decision […]

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CBD extraction firm snags tax breaks, hiring assistance in Kentucky

Kentucky’s booming CBD industry received an additional boost when the state granted an extraction company roughly $240,000 in tax breaks, plus help finding and training workers. Lexington-based firm Zelios, which opened four months ago, said it plans to double its extraction capacity and create 44 full-time jobs for a total investment of about $2.1 million. Kentucky Gov. […]

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Ohio bans CBD sales outside medical marijuana dispensaries

Ohio health officials have declared that over-the-counter CBD sales in the state are illegal, despite the products’ widespread availability in grocery and health stores. The Ohio Board of Pharmacy said that CBD is legal only from state-licensed medical marijuana dispensaries, though none has opened yet, according to The (Cleveland) Plain Dealer. The CBD ruling came […]

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Maine CBD executive settles SEC complaint for $390,000

The founder of a Maine-based CBD company will pay more than $390,000 to settle charges by the U.S. Securities and Exchange Commission that he advertised sales of unregistered securities on Craigslist. The SEC complaint alleges that, beginning in 2014, Richard Greenlaw of Kittery, Maine, raised approximately $500,000 from at least 59 investors by offering securities […]

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Illinois governor approves hemp law aimed at commercial production

Illinois is no longer one of the nation’s largest hemp holdouts after Gov. Bruce Rauner signed a law to allow immediate commercial production, citing activity in nearby states. The new law contains some of the nation’s strongest language protecting farmers’ ability to make money growing hemp. Farmers can submit a hemp research plan if federal law […]

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Florida gets DEA clearance to grow hemp in 2019

Florida agriculture officials have completed preparations to grow hemp in the Sunshine State and say they’re ready to plant seeds in 2019. According to Growing Produce, a trade publication for specialty-crop growers, that’s far sooner than originally expected. Florida legalized hemp production in 2017, but officials warned it could take several years to find a […]

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Stricter regulations stifle Michigan CBD market

CBD processing and sales are still legal in Michigan, but now they must be conducted within the revised, regulated medical marijuana market – at a cost many producers see as too high. Rick Thompson, a board member at the Michigan affiliate of the National Organization for the Reform of Marijuana Laws (NORML), said the May […]

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Canadian marijuana grower to buy Polish CBD company for $15.5 million

Canadian cannabis grower The Green Organic Dutchman has agreed to buy a Polish hemp company for $15.5 million. Green Organic Dutchman (TGOD) will pay $7.75 million in cash and the rest in stocks for 100% of HemPoland, a privately held company based in Elblag, Poland. The deal brings TGOD the CBD brand CannabiGold, as well as […]

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