California has a cannabis-friendly attitude and a climate perfect for hemp, but regulatory confusion in the Golden State means that entrepreneurs have yet to realize any profits from legal hemp – and a pending bill could make matters worse for establishing the plant as a commodity crop.Read More
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When about 50 people in Utah fell ill last fall after consuming CBD, most of them through vaping, public health investigators were on the case. What the epidemiologists found came as no surprise to people in the cannabis industry: The products, while labeled CBD, weren’t CBD at all.Read More
Europe is fertile ground for hemp cultivation, but its low-THC caps limit opportunities for U.S. producers seeking to export CBD and other hemp products to the EU. That’s according to Paolo Monasterolo, CEO of Estonia’s Adalia Holding.Read More
Talk show host Montel Williams’ outspoken advocacy of cannabis treatments for his multiple sclerosis predates many later celebrity branding attempts. But when he heard that other companies were using his name to imply endorsement for CBD products, Williams didn’t just file a fraud lawsuit. He launched a new CBD line.Read More
President Trump has been talking a lot about tariffs and trade deals with other nations. Perfect timing! Hemp badly needs his help right now as the industry explodes – without the trade protections afforded to other crops.Read More
One of the nation’s best-known convenience store chains, 7-Eleven, is scrambling to distance itself from a Colorado company that announced this week that its CBD oils will be sold in roughly 4,500 of the retailer’s outlets this year. The tiff between 7-Eleven and Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral […]Read More
One of the nation’s best-known convenience store chains, 7-Eleven, could carry CBD products in up to 4,500 franchise locations across the United States by the end of 2018.
Phoenix Tears, a Denver company that makes hemp-derived CBD oils and oral sprays, announced the distribution deal Tuesday.
The Denver company made the 7-Eleven deal with the help of MarketHub Retail Services, a distributor that works with 7-Eleven franchisees.Read More
In the wake of new regulations putting nonintoxicating cannabidiol under the same rules as THC-heavy marijuana, CBD manufacturers announced plans to leave Michigan for other states.Read More
Undeterred by cannabis overproduction in Oregon, a Canadian grower and a California processor have big plans to start growing hemp for CBD in Oregon. Global Hemp Group and Marijuana Company of America have signed a deal to launch a joint venture to grow CBD-rich hemp on an Oregon-based farm. The project includes five greenhouses totaling more […]Read More
In a decision that could set a global precedent for hemp production, the Canadian province of Ontario decided hemp won’t be regulated the same as marijuana, leaving cannabis below 0.3% THC under the regulation of agriculture authorities. Canada is among the world’s largest hemp producers but is just starting to allow CBD extraction from hemp […]Read More
The United States may be driving innovation in international marijuana markets, but when it comes to hemp, U.S. producers are scrambling to catch up with established trade opportunities for a crop that has long been legal in other countries.
Hemp is taking root in the United States, thanks to the 2014 Farm Bill, which allowed limited production. But booming U.S. demand for hemp products is still largely filled by overseas producers.Read More