California Hemp Business & Legal News

California updates industrial hemp law to comply with 2018 Farm Bill

California Gov. Gavin Newsom signed a bill to bring the state’s hemp laws into compliance with the 2018 Farm Bill. The measure, which was signed Saturday and will take effect Jan. 1, updates the state’s definition of industrial hemp and terminology to match the federal language. It also requires the California Department of Food and Agriculture […]

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California hemp and cannabis testing lab raises $22.6 million

Cannalysis, a hemp and cannabis testing lab based in California, raised $22.6 million that it said will fund its expansion in the state as well as helping it to move into other marijuana markets in the U.S. The Santa Ana-based company raised the money from Canlab, a cannabis, hemp and CBD testing laboratory network. The […]

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California wheat biotech firm expands hemp investment with $10 million raise

An agriculture biotech company that markets high-fiber wheat said it is expanding its hemp subsidiary with a $10 million stock offering. Arcadia Biosciences of Davis, California, plans to use the money to research hemp genetics in Imperial County, California, according to a news release. The company’s hemp subsidiary, Arcadia Specialty Genomics, is scheduled to start planting […]

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California marijuana company teams with water developer for desert hemp venture

A Southern California marijuana company is teaming with a rural water projects developer to start growing hemp in the Mojave Desert. Glass House Farms of Carpinteria, California, said it created a joint venture with water developer Cadiz Inc. to grow 60 acres of hemp starting next month in the town of Cadiz in rural San Bernardino […]

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California CBD company buys chocolate-maker with national distribution

A California CBD company that makes infused olive oils has bought a smaller chocolate company with distribution in traditional grocers such as Whole Foods Market. Gabriella’s Kitchen bought Lulu’s Chocolates of Nevada City, California, for $1 million in stock. Margot Micallef, CEO of Gabriella’s Kitchen, told Hemp Industry Daily the acquisition positions her company for distribution […]

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Ex-US surgeon general joins CBD company’s advisory board

A former U.S. surgeon general is joining the advisory board of a California CBD company. Dr. Richard Carmona, who served as surgeon general from 2002 to 2008, will advise Kadenwood, a privately held company that makes topical CBD products in Newport Beach, California. The appointment gives Kadenwood a government insider to “shift the perception of […]

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California hemp food bill that would allow licensed marijuana retailers to enter CBD market advances

California’s hemp and marijuana industries moved a few inches closer together Wednesday when state senators advanced a bill to both formally legalize hemp-derived CBD food and beverage products for sale and allow licensed MJ companies to enter the hemp CBD sector. The measure was passed by the Senate Health Committee on a unanimous vote and now […]

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GreenGro acquires California real estate for hemp CBD seed cultivation

Ancillary firm GreenGro Technologies acquired 4 acres in Southern California for propagating low-THC, high-CBD hempseeds. “We expect the sale of those seeds to have a significant positive impact on both our revenue and bottom line since the costs associated with producing hempseeds are expected to be significantly less than the revenue that the sale of […]

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