Curated by the researchers and editors of MJBizDaily, the Hemp & CBD Industry Digital Factbook contains data findings from exclusive industry surveys and analysis from available industry data reports about these rapidly evolving industries.
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As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor marijuana growers are turning their sights to MJ’s cousin: hemp.
The pivot allows growers to diversify their revenue stream and capitalize on a crop that could soon become legal at the federal level – thanks to the 2018 Farm Bill pending before Congress.
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Two companies are in a legal tussle over what destroyed a 600-acre hemp farming joint venture in Colorado – a conflict that industry experts say could be the first of many as eager investors and firms try to cash in on budding business opportunities. In a recent California Superior Court filing, California-based H2 Partners claims that […]
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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 […]
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(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 […]
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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 […]
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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 variant
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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 itse
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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.
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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 […]
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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 […]
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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.
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