Hemp Cultivation, Processing & Extraction News


USDA issues new crop insurance program for 2020 hemp production season

Federal agriculture authorities on Monday unveiled a new pilot crop insurance program for hemp producers. The Risk Management Agency of the U.S. Department of Agriculture (USDA) is offering a new option for protecting hemp crops that will provide Actual Production History coverage under 508(h) Multi-Peril Crop Insurance for eligible producers growing fiber, grain and flower. […]

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Federal appropriations bill includes nearly $20 million in hemp industry provisions

A $1.4 trillion federal spending bill that passed both houses of Congress and was expected to be signed Friday by President Donald Trump reportedly includes provisions that would benefit hemp and CBD businesses. The Consolidated Appropriations Act of 2020 secures nearly $20 million in funding for the growing hemp industry, according to U.S. Senate Majority […]

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EPA approves 10 pesticides for hemp production

Hemp farmers will have the option to use new crop protection tools for the 2020 season after federal regulators’ approval of pesticide products to the hemp production arsenal. In a major step toward making the newly legal crop a national commodity, the Environmental Protection Agency (EPA) on Thursday approved the use of 10 products to control […]

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Vermont CBD retailer arrested for allegedly stiffing hemp farms

A CBD retailer in Vermont has been arrested and charged with theft of service and other charges in cases involving four state hemp farms. Douglas Bell, the owner of CBD Vermont, a retail store in Waterbury Center, was arrested after writing bad checks. Bell owes more than $137,000 to local farmers, but an ongoing investigation […]

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Kentucky hemp producer announces layoffs after season of business challenges

A prominent Kentucky hemp company plans to lay off an unannounced number of employees. GenCanna Global, headquartered in Winchester, told Lexington TV station WKYT that market conditions in the hemp industry have led the company to “responsibly resize our staffing levels” to move the company forward. The privately held company did not say how many employees […]

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Hemp association searching for new leadership as executive director steps down

A national hemp association is looking for a new leader after the immediate departure of its executive director. Colleen Keahey Lanier, who since 2017 has led the national Hemp Industries Association (HIA), a nonprofit trade organization focused on education, industry development and expansion of the U.S. and international hemp markets, told Hemp Industry Daily she is […]

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State agriculture departments ask USDA to extend comment period by 60 days

An association that represents the top officers of the departments of agriculture in all 50 states and four U.S. territories has joined other voices on Capitol Hill in asking the U.S. Department of Agriculture (USDA) for a 60-day extension on submitting public comments about hemp production. In a letter to federal agriculture officials, the National […]

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Front Range Biosciences is honored as Hemp Game Changer at MJBizDaily Awards

Front Range Biosciences is the inaugural winner of the MJBizDaily Awards’ Hemp Game Changer Award. The 2019 award was presented to Front Range Biosciences CEO Jonathan Vaught on Thursday night at the MJBizDaily Awards gala during MJBizCon Week in Las Vegas. “I’m really honored,” Vaught said after winning the award. “I’ve got an incredible team that […]

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Amid financing challenges, Kentucky hemp grower lands $30 million bank loan

A Kentucky hemp producer has secured a sizable loan to help grow its business in 2020. AgTech Scientific, a privately held hemp and CBD company in Paris, Kentucky, said it has closed a $30 million business loan with Truist Financial, a Charlotte, North Carolina-based bank holding company formerly known as BB&T. “We are honored to […]

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