In 2020, one in five lots of hemp will need to be destroyed because the plants exceed the legal THC limit, according to new estimates from the U.S. Department of Agriculture (USDA). These USDA estimates are some of the figures outlined in Hemp Industry Daily’s new special report, “USDA Hemp Rules: A Handbook for Hemp […]Read More
The First-Ever Hemp Variety Yearbook
In an industry without a definitive and reliable guide to hemp varieties, Hemp Industry Daily introduces the first-ever Hemp Variety Yearbook. This is more than a report; it’s the only guide of its type for 2020, dedicated to helping you pair the right hemp genetics with the best growing environment.DOWNLOAD YOUR COPY TODAY
Have a sales plan. Consider hemp markets beyond the flower. And get ready for a bumpy ride. Those were among the many business takeaways from the 2019 Hemp Industry Daily Forum on Tuesday at the Las Vegas Convention Center during MJBizCon Week. The forum drew more than 500 entrepreneurs from all sectors of the hemp supply […]Read More
U.S. hemp sales could increase as much as $25 million in 2020 and by more than $100 million in 2022, according to new estimates by the U.S. Department of Agriculture (USDA).Read More
Optimism around a three-day hemp auction in Tennessee turned to disappointment when producers found way more sellers than buyers, driving prices down and leaving some frustrated. But organizers of the inaugural International Hemp Auction and Market, modeled after tobacco auctions in the area, say the market volatility will settle down, making future auctions more valuable. The […]Read More
The CBD marketplace grows more crowded by the day, with manufacturers struggling to gain market share in a sea of CBD products all claiming to be the most effective. That makes branding and marketing essential for even a savvy cannabis entrepreneur hoping to gain traction in a confusing and congested market, where every product starts […]Read More
After a seasonlong struggle associated with banking and financing their operations, hemp farmers and businesses can exhale now that federal and state financial institutions have loosened reporting restrictions on hemp banking and issued guidance to members.Read More
Hemp might be legal now, but more and more hemp companies are finding themselves in court. That’s because the booming industry has attracted a mix of new entrepreneurs and get-rich-quick scam artists looking to take advantage of a new market with few established players. Making matters more complicated for hemp businesses is the fact that many […]Read More
Why would a CBD company want to try and enter the mainstream retail market through the labyrinth that is convenience stores and gas stations?Read More
What better bedfellows to collaborate on a new sleep-aid product than a CBD company and a mattress maker?
That thought was the genesis of a collaboration between Plus Products of San Mateo, California, and New York-based mattress firm Casper Sleep.Read More
When President Donald Trump signed the 2018 Farm Bill into law, it not only made hemp a legal crop on the federal level, it also made cannabis-derived products more obtainable to consumers beyond marijuana retailers.
A side effect of this development is that securing a partnership with mainstream retail companies has become the goal of every cannabis business hoping to reach more customers and potentially see a huge increase in sales.Read More
Federal health officials are standing firm against cannabidiol use in food, issuing a fresh round of warnings to companies making CBD edibles. The U.S. Food and Drug Administration (FDA) said Monday that it “cannot conclude that CBD is generally recognized as safe (GRAS) among qualified experts for its use in human or animal food” based […]Read More