The initial public offering for “blank check” company Collective Growth Corp. continues to be delayed on the Nasdaq because of the volatile stock market and uncertainty caused by the global coronavirus outbreak. The newly organized company, led by former Canopy Growth Corp. executives Bruce Linton, Tim Saunders and Geoff Whaling, was established in hopes of […]Read More
A California hemp growing company is trying to legally compel a sheriff’s department to release documents explaining why the agency destroyed 459 acres of hemp that authorities thought were marijuana. No one was arrested or charged after the Kern County Sheriff’s Office bulldozed what Apothio LLC claims were hundreds of millions worth of hemp plants […]Read More
Supply-chain disruptions and delivery delays have become the new normal for hemp and other agricultural commodities as governments keep their borders shut and planes grounded to contain the spread of the coronavirus. Pandemic-related flight restrictions, delays and increased fees have made the complicated business of moving hemp biomass and extracts across national borders more challenging […]Read More
Two Southern states have received federal approval for their hemp production plans under the U.S. Department of Agriculture’s interim final rule for the 2020 season, while a Midwestern state has chosen to extend its 2014 pilot program. The USDA approved plans for South Carolina and West Virginia, bringing the total number of states approved under […]Read More
A Wisconsin hemp seed seller is in a contract dispute with a Canadian seed producer over where and for how long it can sell a grain cultivar. Legacy Hemp of Hastings, Minnesota, says that Terramax Holdings Corp. is trying to renege on the length of time Legacy Hemp has the rights to sell the seeds in […]Read More
Hemp production has been classified as “essential” by the federal government during the coronavirus pandemic. But the classification doesn’t extend to retailers selling hemp and CBD — and some retailers told to shut down during the coronavirus response are asking authorities to reconsider and designate them “essential” businesses. They point out that many states classify medical […]Read More
Call it a benefit of being on the legal side of the cannabis business. Legal hemp businesses are eligible for emergency loan assistance and other lifelines included in the $2.2 trillion economic stimulus signed into law last week to hold off economic devastation from the coronavirus pandemic. You can apply for Economic Injury Disaster Loans […]Read More
Canada’s national hemp-promotions association is asking seed breeders to submit new varieties for testing in 2020, with an eye toward sending more low-THC varieties to Health Canada for approval. The Canadian Hemp Trade Alliance told members Tuesday that it wants to test at least nine new seed varieties in 13 different regions. The group plans to […]Read More
Colorado-based CBD maker Charlotte’s Web has appointed a chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global supply chain experience” at businesses including the […]Read More
Hemp production is legal in South Dakota after a year-long battle between Gov. Kristin Noem and lawmakers. Noem signed the industrial hemp production bill Friday, which takes effect immediately and includes $3.5 million to set up South Dakota’s state production program. South Dakota farmers will have to wait to produce hemp until the state receives U.S. […]Read More
A hemp processor and extractor in Texas is working to establish operations in Houston. Bayou City Hemp Co., founded by Houston natives Ben Meggs and Jeromy Sherman, has applied for hemp processing licenses through the Texas Department of Agriculture. Additionally, Texas Agriculture Commissioner Sid Miller appointed Sherman to serve on a state hemp advisory council. […]Read More
A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European subsidiary, HemPoland, that sells CBD products, […]Read More
Laura Drotleff Interviews Dr. Jonathan Vaught, CEO & Founder of Front Range BiosciencesHemp Industry Daily reporter, Laura Drotleff, interviews Dr. Jonathan Vaught, CEO & Founder of Front Range Biosciences.
Monica Raymunt Interviews Giovanni Isoldi, CTO at Materia Medica ProcessingHemp Industry Daily international reporter, Monica Raymunt, interviews Giovanni Isoldi, CTO at Materia Medica Processing.
Starting a CBD Business During a Time of UncertaintyThe economy has seen its fair share of up’s and down’s, but the CBD industry, still in infancy, has been a wild ride. The CBD industry has been the mecca for business entrepreneurs and start-ups, but what happens when economic or environmental circumstances out of your control strike? Hemp Industry Daily reporter Ivan Moreno, speaks with Jennifer Culpepper, Founder and Principal at Brand Joint and Co-founder at I+I Botanicals, and Christopher Gavigan, Founder and CEO at Prima, to discuss their experience during COVID-19.