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
2018 Farm Bill Report
The hemp industry experienced a seismic shift with the passage of the 2018 Farm Bill: Cultivation of hemp is now federally legal, and so is hemp-derived CBD. Hemp Industry Daily breaks down the new rules for you in our SPECIAL REPORT on the future state of the industry, 2018 Farm Bill: What’s Next for Hemp?DOWNLOAD NOW
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
Hemp isn’t as immune to drought as supporters claim, according to a Colorado State University soil researcher who analyzed two years of Colorado hemp production. “There are a lot of myths about this crop, and one of them is that it doesn’t need much water,” said Brian Campbell, a doctoral student in Soil and Crop […]Read More
Scrambling to recover from a legal blow to CBD’s legality, the hemp industry now says a new federal rule classifying CBD as a controlled substance doesn’t affect hemp after all.Read More
A federal appeals court sided with the Drug Enforcement Administration and upheld its decision that CBD is a Schedule 1 controlled substance – a major setback for the American hemp industry.Read More
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 […]Read More
A month after a Texas health agency proposed cracking down on CBD, the cannabis industry is actively trying to change the minds of health authorities about CBD to keep the products on shelves throughout the state. The confusion started in March, when the Texas Department of State Health Services (DSHS) announced a draft plan to […]Read More