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McConnell plans to attach hemp legalization measure to Farm Bill

Senator Majority Leader Mitch McConnell’s bill to legalize hemp continues to build momentum, attracting additional co-sponsors from both sides of the aisle after being fast-tracked to the Senate floor. The latest twist: The Republican from Kentucky now plans to attach the language of his legislation to the 2018 Farm Bill, which might improve the measure’s […]

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CBD epilepsy treatment wins unanimous approval from FDA advisers

A British pharmaceutical company is closer to getting its CBD medicine to the U.S. market with the government’s blessing, a first for the cannabis industry and potential game-changer for all marijuana and cannabidiol producers. A panel of government health advisers gave a unanimous recommendation Thursday to the U.S. Food and Drug Administration to approve Epidiolex, […]

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Hemp legalization bill expedited to full Senate

A long-awaited hemp bill is on the fast track in the U.S. Senate. The measure to remove hemp from the Controlled Substances Act got a boost Monday, according to The Hill. Sen. Mitch McConnell, the bill’s sponsor and the Senate Majority Leader, invoked a Senate procedure to allow the bill to skip over the committee […]

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‘Historic day for hemp’: McConnell introduces promised bill

Republican Sen. Mitch McConnell’s bill to take hemp out of the Controlled Substances Act has been introduced in the U.S. Senate. The measure represents the most audacious attempt yet to make hemp a mainstream crop after four decades of prohibition. McConnell stood before the Senate Thursday and asked his colleagues to “empower American farmers to […]

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Colorado hemp biotech takes a leap – into traditional agriculture

As traditional agricultural firms increasingly wade into the hemp and marijuana markets, one Colorado cannabis biotech firm is going the opposite direction. Front Range Biosciences of Lafayette uses tissue-culture technology to make “plantlets” for hemp and marijuana producers. Now the company is branching into coffee production, planning to use the technology it perfected on cannabis […]

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Cannabis, CBD industry wary of looming decision on epilepsy drug

The most disruptive product to hit the newly legal hemp industry might be one that will never be sold directly to consumers. GW Pharmaceuticals, a London-based biotech company, is awaiting a final decision from the U.S. Food and Drug Administration to produce the first cannabis-derived treatment to win approval as legal medicine. The decision on […]

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Welcome to Hemp Industry Daily

Sometimes you have to take a step back to see the whole picture. And when you do, you see a whole new image. Welcome to Hemp Industry Daily, a business news service from the publishers of Marijuana Business Daily.  Marijuana is a variety of hemp that gets enormous public attention because its flowers become intoxicating […]

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