New York Hemp Business & Legal News


New York CBD startup delays Canadian IPO on coronavirus issues

New York-based CanaFarma Hemp Products will start trading on the Canadian Securities Exchange (CSE) on Thursday. The listing, previously scheduled for Tuesday, was delayed at the company’s request “to account for world events relating to the coronavirus pandemic, which are expected to have caused extra delay in shareholders receiving their new shares,” a statement read. CanaFarma, known […]

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Charlotte’s Web cites need for better hemp research in launch of new division

Saying the hemp industry needs better research into cannabinoid safety and efficacy, Colorado CBD maker Charlotte’s Web has launched a new research division and tapped a former health diagnostics executive to lead it. Tim Orr is leading a new division called Charlotte’s Web Labs, a team of about a dozen that will expand the company’s research efforts […]

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Work continues on Canopy Growth’s New York hemp plant despite recent closures, job cuts

A Canadian cannabis giant that shut down more than half its marijuana cultivation facilities and significantly slashed jobs last week is still moving forward with a hemp production facility in New York state. Canadian-based Canopy Growth closed two production facilities in British Columbia and laid off 500 employees there. But construction work continues on an […]

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After federal rebuke, hemp winemaker vows to keep exploring idea

A New York hemp grower whose attempt to launch a hemp wine label was blocked by federal regulators says he’s still exploring the idea. Kaelan Castetter, CEO of Castetter Sustainability Group, tells Wine Spectator that he’s not giving up on plans to sell wine infused with hemp terpenes. Castetter’s hemp wine business, Sovereign Vines, was blocked […]

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Truck driver considers suit against Texas cops after wrongful stops for hemp

A Florida truck driver who was stopped twice last month driving hemp from California to New York is now considering a lawsuit against Texas authorities who jailed him and charged him with felony possession of marijuana. Aneudy Gonzales was stopped for a traffic violation near Conway, Texas, on Dec. 5. Texas Highway Patrol seized roughly 3,350 […]

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CBD retailer gets hemp shipment back from NYPD

The owner of a CBD store in Brooklyn, New York, has claimed a shipment of hemp that was seized by the New York Police Department last month when officers confused it with marijuana. Oren Levy, who owns Green Angel CBD, said his brother Ronen picked up the 106 pounds of hemp from the NYPD on […]

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Drug charges dropped in New York hemp delivery case

New York prosecutors have dropped criminal charges against a CBD retailer who tried to pick up a shipment of hemp biomass from Vermont. But authorities have not yet returned the hemp to Green Angel CBD. Ronen Levy was facing marijuana charges by the Brooklyn District Attorney’s Office over Green Angel’s November shipment of 106 pounds of hemp […]

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Cuomo signs NY hemp law; decision on extracts in food, beverages deferred

New York Gov. Andrew Cuomo signed a bill into law Monday that sets up a regulatory framework for the production and sale of hemp and hemp extracts in the state. According to a statement from the governor’s office, the new law also requires hemp businesses to test and properly label products to safeguard consumers. The […]

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Key US senator wants USDA to extend hemp rule comment period

The top Democratic official in the U.S. Senate is calling on federal agriculture regulators to allow more time for hemp industry stakeholders to have their voices heard regarding hemp production regulations. Sen. Chuck Schumer of New York sent a letter to U.S. Agriculture Secretary Sonny Perdue urging the U.S. Department of Agriculture (USDA) to extend […]

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New York prosecutor to drop marijuana charges in Vermont hemp seizure

Prosecutors are planning to drop all charges against the man arrested on marijuana possession charges in connection with a case in which 106 pounds of hemp plants shipped from Vermont were mistaken as MJ and seized by the New York Police Department. The Brooklyn district attorney’s office said that Ronen Levy’s felony marijuana possession charge […]

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Activists resolve to fine-tune stalled NY hemp and CBD bill

Industry insiders in New York are regrouping to salvage a hemp extract bill that’s been languishing on Gov. Andrew Cuomo’s desk since it was passed last summer. Cuomo is expected to issue a “friendly veto” of the bill, which will enable it to be reintroduced during the budget process next year, said Jonathan Miller, a […]

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