New York Hemp Business & Legal News


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 […]

Read More

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 […]

Read More

Canopy Growth’s NY hemp facility to receive $1.7 million tax break

The Canadian cannabis producer building an industrial park for hemp processing in New York state would get a hefty property tax break under a new plan hatched by a local economic development group. The Broome Industrial Development Agency said Canopy Growth will receive a standard 15-year payment-in-lieu-of-taxes deal that will reduce taxes on the 48-acre […]

Read More

NYPD seizes Vermont hemp shipment, mistakes it for marijuana

New York City police seized a shipment of what it believed to be 106 pounds of marijuana and arrested the buyer on criminal charges, but the Vermont farm that shipped the product said it’s legal hemp, not MJ. Fox Holler Farms, a hemp farm based in New Haven, Vermont, said every box of its product […]

Read More

Canopy, US hemp grower head to court over dismal crop, missed payments

Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer are suing each other in rival federal cases over a bad crop and allegations of missed payments and misspent advances. The cases center on Go Farm Hemp, a Henderson, Nevada-headquartered company that entered contracts to grow hemp in 2019 for Canopy Growth in Colorado, Kentucky, […]

Read More

US hempseed supply to be stored in New York repository

Work has begun on creating the nation’s only hempseed bank in New York’s Finger Lakes region. The Industrial Hemp Germplasm Repository will be established at Cornell University’s agricultural research facility in Geneva. U.S. Senate Minority Leader Chuck Schumer of New York announced the launch of the new facility, saying he worked to secure $500,000 in […]

Read More

Canopy breaks ground on hemp industrial park in New York

One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis giant Canopy Growth Corp., based in Smiths Falls, Ontario, unveiled plans for a $150 million hemp industrial park in Kirkwood […]

Read More

New York City’s official CBD ban targeting food, drinks takes effect

New York City implemented a citywide ban this week prohibiting businesses from selling food and drinks containing CBD. The ban took effect just a few days after New York state lawmakers passed a bill allowing for some CBD products but not settling a process for putting it in food. After the U.S. Food and Drug Administration […]

Read More

New York, New Jersey close to expanding hemp, CBD opportunities

New York and New Jersey lawmakers want to make it easier to grow hemp and sell CBD products. Legislators in both states sent bills to their respective governors making their states friendlier to hemp businesses. The measures both authorize CBD foods and dietary supplements. Rampant confusion in New York City, where health authorities pulled some […]

Read More

Canopy Growth settles on New York hemp site, will start building this summer

Canadian marijuana giant Canopy Growth has chosen a small New York town near the Pennsylvania border as the site for its $150 million entrance into the U.S. hemp market. Canopy announced Monday it will build an industrial park on a 48-acre property in Kirkwood, New York, about 5 miles north of the Pennsylvania border. The […]

Read More

As CBD crackdown spreads, New York politician vows to halt ‘overreaction’

More restaurants and facilities nationwide report they can’t sell CBD anymore, even as an official in New York City vows to turn back the Big Apple’s crackdown on CBD use in eateries. In the past week, enforcement letters and product seizures spread to new jurisdictions, a response to December comments from the U.S. Food and Drug […]

Read More