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Hemp State Highlight: Colorado’s market dominance threatened by falling prices, processing logjams

(This is the ninth installment in a series that examines hemp markets in U.S. states. Other installments: Nevada, New York, North Carolina, North Dakota, Oregon, Tennessee, Vermont and Virginia.) No hemp discussion goes far in the United States without a mention of Colorado, where more than half the nation’s 2017 hemp production occurred. Colorado has more acres in hemp, more farmers […]

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5 business points to consider in Thursday’s high-stakes CBD court case

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 […]

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Cannabis businesses finding success in pet CBD market

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.

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Texas CBD program stalls as growers produce oils but have no patients

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 […]

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Sessions’ marijuana antagonism spooks hemp industry, but some see silver lining

Attorney General Jeff Sessions didn’t have hemp in mind when he repealed Obama-era protections for state-legal marijuana businesses.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 […]

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