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 More
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 More
Wisconsin state regulators are giving prospective hemp farmers another two months to apply for licenses for the 2019 growing season. The Department of Agriculture, Trade and Consumer Protection (DATCP) announced that it’s extending the deadline for new license applications and existing registration renewals from Dec. 31 to March 1. Brian Kuhn, director of DATCP’s Bureau […]Read More
A regulatory change in New Zealand has opened the doors to hemp as food in the island nation. “Hempseeds are safe to eat and nutritious,” Bryan Wilson, head of New Zealand Food Safety, said in the announcement about the changes that now allow the sale of hempseed foods. The new guidance is being embraced by hemp […]Read More
Some Canadian hemp farmers want to see their country capitalize on hemp’s trendiness by starting an agency to promote the plant’s health benefits and research better ways to grow it. The farmers want to tax their hemp sales at 0.5%, with the money going to fund promotions and research, similar to commodity checkoff programs commonly used in […]Read More
A batch of hempseeds in Oregon billed as CBD-rich females that turned out to be neither feminized nor high in the cannabinoid has led to a $21.2 million lawsuit. That’s how much six people say they lost after the seeds resulted in inferior plants, leading to the lawsuit against three seed dealers in a southern Oregon […]Read More
How’s this for irony? The hemp industry’s rush to distance itself from marijuana has gone so far that hemp products can’t be sold in the world’s largest cannabis economy.
The development in California is a bitter lesson in being careful what you wish for.Read More
A Colorado-based cannabis biotech firm announced Thursday that it has secured $10 million in private funding to accelerate production in California and Canada. Front Range Biosciences of Lafayette said it plans to invest some of the money in investigating new strains of cannabis. The company uses tissue-culture technology to make “plantlets” for both hemp and […]Read More
A North Carolina hemp producer’s renovation of a former factory for CBD extraction sets it up for roughly $238,500 in tax incentives over the next four years. City of Wilson officials are lauding Criticality’s retrofitting for CBD production as an innovative new use for the building, The Wilson Times reported. The tax incentive package will be […]Read More
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 hempseeds from neighboring Kentucky instead of getting a license for them from the […]Read More
Dr. Priyanka Sharma had a thriving global business in chemical pharmaceuticals, traveling the world setting up factories extracting fish oil for nutritional supplements.
But Sharma and her husband, Pulak, left their home outside Chicago and moved to Colorado for the same three letters that have cannabis entrepreneurs, pharmaceutical companies and even mainstream grocers seeing dollar signs: CBD.Read More
As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor marijuana growers are turning their sights to MJ’s cousin: hemp.
The pivot allows growers to diversify their revenue stream and capitalize on a crop that could soon become legal at the federal level – thanks to the 2018 Farm Bill pending before Congress.Read More
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