Hemp farmers nationwide are preparing for harvest, but they’re also keeping a close eye on Washington DC. Here are some reasons why: Congress is beginning final negotiations on the 2018 Farm Bill, which could either remove hemp from the Controlled Substances Act or revive a prohibition on growing it. It’s up to 56 lawmakers who […]Read More
2018 Farm Bill Report
The hemp industry experienced a seismic shift with the passage of the 2018 Farm Bill: Cultivation of hemp is now federally legal, and so is hemp-derived CBD. Hemp Industry Daily breaks down the new rules for you in our SPECIAL REPORT on the future state of the industry, 2018 Farm Bill: What’s Next for Hemp?DOWNLOAD NOW
(This is an abridged version of a column that appears in the July issue of Marijuana Business Magazine.) Not all hemp misinformation comes from anti-drug enemies of cannabis; some of it comes from hemp acolytes themselves. A recent comment from hemp’s most powerful friend in Congress, Senate Majority Leader Mitch McConnell, drove home for me a […]Read More
Update: Gross proceeds from the Charlotte’s Web IPO, which was completed Thursday, totaled CA$115 million, including both the primary and secondary offerings. The primary offering raised CA$93.1 million from the sales of 13,312,150 common shares. The company has begun trading on the CSE under the ticker symbol CWEB. In the face of strong demand for […]Read More
A tantalizing innovation in the CBD market has turned into a nasty contract dispute that spans the globe.
Bomi Joseph, a California plant breeder, is suing CBD Naturals, a company that has been associated with Canadian CBD manufacturer Isodi. Isodiol once held distribution rights to Joseph’s self-proclaimed innovation – a cannabidiol product derived from a hops variantRead More
Even the most delicious drinks packed with CBD won’t help a beverage company if consumers don’t pick up a bottle.
That’s why packaging, marketing and education are just as important as the beverage itseRead More
A Canadian CBD company has signed a branding agreement with Dr. Sanjay Gupta to roll out a line of “Dr. Gupta’s” CBD tinctures, capsules and salves.
However, the name on the products made by Tree Of Knowledge International is not the famed CNN medical correspondent.Read More
Is the U.S. Drug Enforcement Administration’s 2016 guidance enough to convict someone of drug charges for selling CBD? The North Dakota Supreme Court has agreed hear a case on that question – and while it won’t set precedent in other states, it may provide guidance for similar cases. The case of Falesteni A. Abu Hamda will […]Read More
Canadian hemp is speeding onto the world stage after a Calgary, Alberta-based processor was tapped to provide fibers to help construct a track for the Winter Olympics in Beijing. The deal is thought to be the first time that hemp construction components have been used in a modern Olympics. Canadian Greenfield Technologies will send 60,000 to […]Read More
Hemp may be totally different than marijuana. But the red tape that plagues the marijuana industry is coming for hemp anyway.
That’s why the hemp industry should keep an eye on what is happening in Oregon.Read More
A Wisconsin tribe says its plans to grow hemp indoors in a former fish hatchery are back on after settling a lawsuit with the state. The settlement reached Wednesday states that the St. Croix Chippewa do not need permission from the state Department of Agriculture to start growing hemp on their lands in northwestern Wisconsin. […]Read More
California’s booming CBD industry is in disarray after the state Department of Public Health (CDPH) announced earlier this month that CBD cannot be added to food, even if it comes from hemp.
“It’s a real punch in the stomach,” said Chris Boucher, who is growing 60 acres of hemp in Southern California, most of it destined for CBD extraction.Read More