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Chart: U.S. hemp production soars in 2017

Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]

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CBD limits loosening in states written off by marijuana reformers

Far from the bustling marijuana dispensaries in Las Vegas and California, rural and politically conservative states with limited cannabis laws are loosening restrictions that once had marijuana entrepreneurs writing them off as infertile territory.

“Progress is being made in places you’d never have thought possible,” said Keith Stroup, founder of NORML.

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Hemp State Highlight: Kentucky invests in hemp but wonders if peak has passed

Kentucky checks all the boxes for nourishing a hemp revival.

Climate suited to the plant? Check. Friendly regulations from a state willing to experiment and invest in hemp? Check.
Lots of cheap land and a processing infrastructure that includes in-state decortication and CBD extractors? Check and check.
So why do some agronomists fear that Kentucky has reached its hemp zenith?

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Hemp company launches first cannabis line aimed at minorities

A North Carolina company is making the cannabis industry’s first play for consumers of color with a line of beauty products aimed at ethnic minorities. The Hemp Excellence line of body lotions, lip balms and CBD capsules went on sale this month at two beauty shops that cater to women of color in Winston-Salem, North Carolina. […]

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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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