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Uruguay continues Latin American cannabis leadership with hemp industry

Uruguay, often recognized as the pioneer in legalized recreational marijuana, is also building a solid foundation to support its hemp industry. “Uruguay is an agricultural country with a clear regulatory framework that offers attractive conditions for large-scale outdoor cultivation (of hemp),” said Maria Belen Algorta, who oversees Uruguay operations for Australia-based Ecofibre. “As far as […]

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FDA Crystal Ball: 5 expert tips on CBD in the newly legal hemp industry

Nationwide legalization brought elation to the hemp industry, but it also brought anxiety as CBD manufacturers and retailers await guidance from federal health regulators on how the extract can be incorporated into foods, drugs and cosmetics. CBD is – by far – the largest component of the U.S. hemp industry, so the concern is widespread. […]

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‘Everybody’s wanting seed’: Hempseed market heats up after Farm Bill passage

CBD-rich hempseed is legal now, but it’s also rare, giving plant breeders a huge new market as barriers to national hempseed distribution are removed. The 2018 Farm Bill guarantees interstate commerce for all hemp products, removing requirements that viable hempseeds require approval from the U.S. Drug Enforcement Administration. But the law leaves in place requirements […]

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‘You need standards’: Q&A with Marielle Weintraub of the US Hemp Authority

The fast-growing CBD industry has a problem: It’s bedeviled by dangerous lookalike products and scary warnings from top medical journals and the U.S. Food and Drug Administration. Even as CBD enters the mainstream, enabled by the 2018 Farm Bill, the industry lacks specific regulations to help consumers and authorities distinguish healthy products from dangerous phonies. […]

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CBD boom goes bust in Austria as officials ban the extract in food, cosmetics

Austria’s Minister of Health ordered businesses to immediately stop selling CBD food and cosmetics because the products fall under the European Union’s definition of “novel food.” Cannabidiol is explicitly included in the EU’s novel food catalog, which means individual member countries may limit the marketing and sale of it without specific authorization. Business Association Cannabis Austria CEO Stefan Wolyniec […]

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Chart: How the 2018 Farm Bill addresses top hemp industry challenges

Several major hurdles undermining hemp cultivators’ ability to run successful, profitable businesses are set to crumble once President Donald Trump signs the 2018 Farm Bill. Challenges such as finding processors or accessing banking services – problems attributable to the patchwork of state laws and regulations that have so far underpinned the industry – will be […]

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While on-site marijuana consumption stalls, CBD tasting and sampling take off

Cannabis entrepreneurs long frustrated by barriers to social consumption of their products are finding that CBD is a faster way to getting their products in front of consumers. Where marijuana entrepreneurs have been plagued by delays or outright hostility from public officials when it comes to public use, CBD manufacturers and retailers are finding new […]

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