Massachusetts Hemp Business & Legal News

Bill to legalize hemp production in Idaho defeated

Idaho lawmakers defeated a measure that would have legalized hemp, leaving the state as one of three in the country that don’t allow the crop. The measure was voted down in a House committee Wednesday, The Lewiston Tribune reported. Some opponents said the change could lead to marijuana legalization, while others argued that Idaho should not participate […]

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Hemp industry isn’t raising expectations with new FDA chief

The nation’s top drug regulator set a new tone for the government’s stance on CBD in his first comments about the popular hemp extract. But longtime hemp entrepreneurs say they’re not raising their expectations that changes are imminent to the way the U.S. regulates hemp extracts. The newly appointed commissioner of the U.S. Food and […]

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Curaleaf agrees to buy Cura Partners for CA$1.27 billion in all-stock deal

Massachusetts-based Curaleaf, a vertically integrated marijuana and hemp company, agreed to acquire Portland, Oregon-based Cura Partners in an all-stock deal worth 1.27 billion Canadian dollars ($949 million). Curaleaf will issue 95.6 million subordinated voting shares, giving Cura a roughly 16% stake in the company. Cura’s Select brands are available in more than 900 retailers, mainly in […]

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Chart: Fast-rising CBD still trying to make inroads with mainstream retailers

CBD’s meteoric rise in popularity has hemp growers finding all kinds of market opportunities that don’t exist for THC products, including yoga studios, pet boutiques, gyms and coffee shops – all foreign territory for marijuana-derived products. One Kentucky hemp producer even has CBD products being sold in tractor supply stores; a North Carolina CBD company has […]

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MariMed invests $30M in hemp-derived CBD producer

Massachusetts-based MariMed, a multistate cannabis operator, is entering the hemp-derived CBD business with a $30 million investment in a Kentucky company. The company, GenCanna, has contract farmers to grow hemp to its specifications as well as processing facilities to make CBD extracts, concentrates, isolates and other products. GenCanna plans to use the investment to expand […]

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Massachusetts cannabis businesses warily await lawmaker tinkering

By Omar Sacirbey

Cannabis industry advocates in Massachusetts know changes are coming to the law that voters passed last November legalizing recreational marijuana.

But how modest or extreme those changes will be, and whether they’ll constrain the market, is less certain.

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