Farmers in Iowa cheered Friday when the state agriculture department announced its hemp production plan has been approved by the U.S. Department of Agriculture and license applications will be accepted starting April 1.Read More
A major Colorado CBD maker will purchase a Rhode Island company that makes CBD topical products, the two companies announced Monday. Charlotte’s Web, a producer of hemp-derived CBD wellness products based in Boulder, Colorado, will acquire Abacus Health Products of Woonsocket, Rhode Island. for implied total equity consideration of approximately CA$99 million ($68.2 million). Under […]Read More
An agriculture biotech company that markets high-fiber wheat is partnering with two other California firms in an attempt to grab market share among California hemp producers. Arcadia Biosciences of Davis, California, says it will work with Grow West, a northern California distributor of farm inputs and machinery, and the Buttonwillow Warehouse Company, which sells fertilizer in […]Read More
Marijuana Business Daily has decided to postpone or cancel three upcoming cannabis industry trade events scheduled for the United States and overseas because of the coronavirus pandemic. Here are the details: MJBizDaily’s Investor Intelligence Symposium, scheduled for next month in New York, has been canceled. Attendees have been notified. In lieu of the cancellation, MJBizDaily will launch a series […]Read More
California hemp and marijuana producer Goldenseed has added former “Shark Tank” investor Kevin Harrington to its advisory board. Goldenseed, a privately held company in Santa Cruz, said that Harrington has also invested in the company, though it did not say how much. Harrington was an early television informercial pitchman and appeared on the first two […]Read More
A Vermont hemp processor is suing a Maryland grower, accusing the company of lying about the plants it sold being pesticide-free. The federal lawsuit filed by Newton Hill Labs, based in Milton, was filed Tuesday. It alleges Bay Water Greens and Baywater Farms of sold Newton Labs 5,000 pounds of biomass in October 2019 that contained elevated […]Read More
A Denver CBD maker has opened a new fulfillment center in Dallas. CBD 100% Relief, which makes white-label CBD products and sells its own brand of CBD tinctures, creams and roll-ons online, announced Wednesday that it chose the Dallas-area for a new fulfillment center. The fulfillment center employs 12 people. Company CEO Daniel Sandoval said […]Read More
Companies making hemp-derived foodstuffs are joining federal authorities to remind folks that hemp foods are being inspected as usual and are safe to eat through the coronavirus pandemic. The U.S. Department of Agriculture sent an alert this week that no staffing changes are planned at the agency’s Food Safety and Inspection Service, or its Animal and […]Read More
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 […]Read More
Texas has opened applications to grow and process hemp in the nation’s second-largest state. But state agriculture agronomists are warning that Texans shouldn’t look to wetter states like Kentucky and Oregon to predict production. The applications opened Monday and come with $100 application fees $100 licensing fees $300 sampling and testing fees A recent report […]Read More
Hemp bans in California towns are common as the crop struggles to gather broad support in a state where nearly half of its counties outlaws hemp production. But in Oregon, where hemp has become a widely accepted stable, one city is considering banning production within its limits. The Medford City Council this week reviewed possible […]Read More
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 […]Read More
Monica Raymunt Interviews Giovanni Isoldi, CTO at Materia Medica ProcessingHemp Industry Daily international reporter, Monica Raymunt, interviews Giovanni Isoldi, CTO at Materia Medica Processing.
Laura Drotleff Interviews Jonathan Vaught, CEO & Founder of Front Range BiosciencesHemp Industry Daily reporter, Laura Drotleff, interviews Jonathan Vaught, CEO & Founder of Front Range Biosciences.
Starting a CBD Business During a Time of UncertaintyThe economy has seen its fair share of up’s and down’s, but the CBD industry, still in infancy, has been a wild ride. The CBD industry has been the mecca for business entrepreneurs and start-ups, but what happens when economic or environmental circumstances out of your control strike? Hemp Industry Daily reporter Ivan Moreno, speaks with Jennifer Culpepper, Founder and Principal at Brand Joint and Co-founder at I+I Botanicals, and Christopher Gavigan, Founder and CEO at Prima, to discuss their experience during COVID-19.