In its open call for suggestions related to how cannabis extracts should be regulated, the U.S. Food and Drug Administration (FDA) received more than 4,000 responses. Respondents ranged from state and local health departments to CBD manufacturers to the American Medical Association. The agency is looking at cannabis extracts from both marijuana and hemp varieties […]Read More
Several Trump administration officials are headed to the U.S. Senate next week to answer questions about looming hemp and CBD rules. Senators have called for regulators who oversee agriculture, public health and pesticides to appear July 25 before the Senate Committee on Agriculture, Nutrition and Forestry. The hearing, announced Wednesday, will be led by the senators […]Read More
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Traditionally, industrial hemp has two main commercial uses: food and fiber. The two uses have distinctly different storage needs: Food: Hemp grain storage is often kept on-farm. Canada requires hemp grain to be stored in clean, dry, aerated and […]Read More
Storing hemp properly is arguably as important as planting, harvesting or any other step in the cultivation process, because it can be just as crucial to farmers looking to turn a profit.Read More
As the hemp industry waits for the U.S. Department of Agriculture (USDA) to finish its federal hemp production rules in time for the 2020 planting season, hemp companies are speculating whether the agency will further define which varieties and cultivars will be permissible under the 2018 Farm Bill. Even though it’s been seven months since […]Read More
Data from Gallup shows that younger Americans are more confident in the health benefits of CBD – but the majority of people familiar with cannabinoids, regardless of age, believe it has at least some health benefits. A telephone poll conducted by Gallup in late May found that 78% of surveyed individuals across the United States […]Read More
Large-scale greenhouse growers are swiftly entering the hemp market as they look for higher margins than they get from traditional produce and ornamental plants. It’s no secret that interest in hemp production is booming, and producers from all agricultural sectors are joining in the frenzy to grow the new crop as a hedge against the […]Read More
Hoping to resolve the legal confusion surrounding the selling of CBD products, states are starting to leapfrog federal health regulators and give hemp entrepreneurs permission to put cannabis extracts in food, drinks and dietary supplements.
But the efforts aren’t reducing legal headaches for the hemp industry.Read More
With one month left before the U.S. Department of Agriculture (USDA) releases much-anticipated federal hemp production rules, the industry needs to start planning and preparing now for the 2020 season, hemp business experts say. With the USDA saying it expects to have regulations ready by August, Hemp Industry Daily reached out to legal experts to find […]Read More
Hemp farmers and businesses continue to have difficulty financing their operations and securing banking services, despite federal lawmakers’ calls for them to be treated as lawful, legitimate businesses under the 2018 Farm Bill. Because of a lack of clear federal banking regulations and uncertainty from financial institutions, hemp and CBD businesses are finding that while one […]Read More
The hemp industry is changing fast. The federal government, not so much.
The entire cannabis industry celebrated last December, when hemp was removed from the Controlled Substances Act in the 2018 Farm Bill.Read More
A company backed by U.K. billionaire Jim Mellon and Lorne Abony, co-founder of global cannabis concern Nuuvera, plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products.Read More
- July 12, 2019
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