The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting a final decision from the U.S. Food and Drug Administration to produce the first cannabis-derived treatment to win approval as legal medicine. The decision on […]Read More
Oregon’s licensed hemp producers are applauding a pending law that will give them exclusive rights to extract CBD from hemp flower using common hydrocarbon methods – a national first. The measure, awaiting the signature of Gov. Kate Brown, also gives Oregonians the right to grow hemp at home. Other marijuana states that authorize home cannabis […]Read More
Sometimes you have to take a step back to see the whole picture. And when you do, you see a whole new image. Welcome to Hemp Industry Daily, a business news service from the publishers of Marijuana Business Daily. Marijuana is a variety of hemp that gets enormous public attention because its flowers become intoxicating […]Read More
A hemp education hub opening Saturday in New Zealand comes as the nation prepares for a big uptick in hemp growing because of new rules expanding how the plant can be used. According to The New Zealand Herald, the hemp innovation hub will offer consulting and education for interested hemp farmers. The owner of the […]Read More
Hemp farmers in Canada say overproduction is depressing prices for seeds. The Canadian Hemp Trade Alliance told the Commodity News Service that Canadian seed prices have fallen from about 75 Canadian cents (58 cents) a pound last year to 55 Canadian cents a pound this year. Canada remains the world’s biggest hempseed producer, devoting about […]Read More
A Chinese hemp company and a California-based CBD company are building a new plant to manufacture CBD isolate in western Kentucky. The plant from HMI Group of Beijing and Kings Royal Biotech of Capistrano Beach, California, is expected to employ more than 100 people on nine acres in Bardwell, near the Mississippi River and just […]Read More
When recreational marijuana hits store shelves in Canada later this summer, it will be sold in “plain packaging” that contains only a standardized cannabis symbol and one of 14 health warning messages, according to an updated set of proposals released Monday. The recommendations were part of a Health Canada report summarizing feedback from 3,200 people on […]Read More
A $100,000 infusion for Washington agriculture regulators has saved the state’s hemp oversight program – but the lifeline has failed to convince the largest grower to plant another crop. The money came in the final budget agreement at the Washington state legislature, according to Capital Press, which covers agricultural news in the Pacific Northwest. Washington’s […]Read More
North Carolina’s top hemp regulator is sick of interference from the U.S. Drug Enforcement Administration. Agriculture Commissioner Steve Troxler said in a speech at the Southern Farm Show in Raleigh last week that the federal drug agency is not supposed to use any resources to intervene in the growing and processing of hemp, Southeast FarmPress […]Read More
Kentucky checks all the boxes for nourishing a hemp revival.
Climate suited to the plant? Check. Friendly regulations from a state willing to experiment and invest in hemp? Check.
Lots of cheap land and a processing infrastructure that includes in-state decortication and CBD extractors? Check and check.
So why do some agronomists fear that Kentucky has reached its hemp zenith?
Budget writers in Washington state’s House and Senate have restored money to oversee hemp, potentially ending uncertainty after the governor proposed cutting funding for the state’s hemp production program. The hemp lifeline, first reported by Capital Press, comes after the Washington Department of Agriculture stopped issuing hemp licenses because of a budget shortfall and threatened to […]Read More
Response to Pennsylvania’s plan to expand hemp production has been lower than state officials anticipated. The state set an ambitious goal for increasing hemp production this year by offering more licenses and increasing the acreage farmers can use to develop hemp from 5 acres to 100 acres. Pennsylvania Gov. Tom Wolf said when he announced […]Read More
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