The Hemp Industries Association and a handful of cannabis entrepreneurs are taking the U.S. Drug Enforcement Administration to court Thursday in a high-stakes case over the agency’s 2016 pronouncement that CBD is an illegal drug – the same as marijuana. The case won’t be decided for months, but the outcome is important for the entire […]Read More
Cultivation Snapshot: U.S. Wholesale Hemp Prices and Supply
This snapshot delivers the most up-to-date, reliable hemp prices and market research for the top 10 hemp producing states. This (free) report compiles trends in supply, prices and market outlook from dozens of hemp farmers and purchasers across the states.DOWNLOAD NOW
An increasing number of cannabis companies are directing their efforts at four-legged users.
And there’s more than a billion reasons for that trend.
U.S. pet owners spent more than $30 billion in 2016 on pet supplies, treatments and veterinary care, according to the American Pet Products Association, an industry group representing pet product manufacturers and importers.Read More
A publicly traded U.S. tobacco company has bought controlling stakes in two Canadian marijuana producers and invested in a North Carolina hemp grower, making what is believed to be the first foray by a significant tobacco business into the cannabis industry. Alliance One International, which trades on the New York Stock Exchange under the ticker […]Read More
Far from the flashy marijuana dispensaries in Las Vegas, hemp farms in rural northern and southern Nevada can’t keep up with booming demand for flower for CBD production.
The result is a blazing-hot wholesale market for hemp flower, with growers reporting prices of up to $350 a pound for quality, high-CBD varieties.Read More
If hemp fiber is so strong and easy to grow, why is so much of it moldering in barns awaiting a buyer? Two hemp companies say they have the answer, and they plan to bring it to farmers who can’t find buyers for hemp’s tough stalks. HempLogic in Washington state and Power Zone Agriculture in […]Read More
Texas’ long-awaited CBD program is underway. Sort of. The nation’s second-most populous state has a limited CBD program, three licensed growers and plants harvested. But Texas has no patients just yet, a signal that the state’s elaborate hurdles are blocking consumers from accessing marijuana-derived medicine even if it’s a cannabidiol product low in THC. “We […]Read More
Some hemp growers struggle to get water for their crops.
In Tennessee, hemp farmers have the opposite problem: They must grow a plant – one that doesn’t like soggy roots – in a climate with high humidity and more than 50 inches of rain a year.Read More
Attorney General Jeff Sessions didn’t have hemp in mind when he repealed Obama-era protections for state-legal marijuana businesses. But his Jan. 4 announcement sent shock waves into the hemp industry, too, leaving entrepreneurs scrambling to reassure skittish investors. It’s been a rocky couple of weeks for hemp entrepreneurs. That’s despite the fact that hemp’s legal […]Read More
You can’t make money growing hemp in Virginia. Literally, even though the plant is legal.
Virginia bans farmers from selling the crop commercially and limits hemp production to a handful of university research projects.
If that strikes you as odd for a state with centuries of experience growing hemp, you’re not alone.Read More
Confusion at the federal level about water is causing a huge dilemma for hemp producers: Licensing deadlines are fast approaching in many states, but farmers don’t know if they’ll be able to irrigate their crops. That’s because the nation’s largest wholesale supplier of water – the U.S. Bureau of Reclamation – won’t allow its water to […]Read More
It was a lung-busting 2017 for the North American cannabis industry, with marijuana executives stateside holding their collective breath wondering whether the new Trump administration would crack down on legal MJ businesses. Amid the uncertainty, Nevada’s new recreational marijuana industry opened in July with skyrocketing sales, while government officials and regulators in California and Canada […]Read More