The young CBD industry is growing accustomed to federal health authorities warning companies not to make medical claims about the cannabinoid. But a round of warning letters this week from the U.S. Federal Trade Commission (FTC) – the consumer-protection agency that safeguards against unfair and deceptive advertising – served as a reminder that as CBD goes […]Read More
In its open call for suggestions related to how cannabis extracts should be regulated, the U.S. Food and Drug Administration (FDA) received more than 4,000 responses. Respondents ranged from state and local health departments to CBD manufacturers to the American Medical Association. The agency is looking at cannabis extracts from both marijuana and hemp varieties […]Read More
Hemp production is about to shift into overdrive in states where growers have been licensed to get started with the 2019 planting season. There is a dramatic increase in interest among new farmers looking to capitalize on hemp in states that have been growing the crop under pilot programs. Here’s an early look at 2019 […]Read More
Hemp is making strides faster than activists dreamed even a couple of years ago.
But there’s a darker side of this go-go hemp industry.
Lawsuits and legal disputes are popping up just as quickly as product announcements and merger deals.Read More
A CBD manufacturer in Vermont is changing its name and plans to double its hemp acreage to 100 acres next year after selling a $7 million stake to a North Carolina venture capital firm. Hardwick, Vermont-based Green Mountain CBD will change its name to SunSoil CBD in 2019, VTDigger reported. The company sold a minority […]Read More
A Kentucky hemp-foods company is expanding into the Northeast with a new factory in Vermont. Victory Hemp Foods bought a 7,500-square-foot facility in Middlebury, Vermont, that formerly processed canola and sunflower oils, according to weekly newspaper Seven Days Vermont. The facility will process cold-pressed hemp oil and hemp protein powder, according to Victory Hemp Foods […]Read More
A Vermont hemp processor accused of stealing a contract farmer’s hemp crop won’t be held personally liable for any missing profits. A civil judge dismissed the personal liability case against Vermont Hemp Co. CEO Joel Bedard, according to Heady Vermont, a website that covers the state’s cannabis industry. The lawsuit against the company will continue, […]Read More
Rising acceptance for hemp and CBD – combined with easing regulations at the state level – caused U.S. hemp production to surge in 2017. From 2016 to 2017, the number of acres licensed for hemp cultivation in the top 10 hemp-growing states grew by 140% – while the number of hemp producers doubled over the same […]Read More
Hemp may be easy to grow, but raising a profitable crop is no slam dunk. That’s what a Vermont hemp processor is learning after a landowner sued him for not delivering thousands of dollars she was hoping would save her mother’s home. A lawsuit filed in a state court in Burlington accuses Vermont Hemp Co. […]Read More
By Kristen Nichols
Vermont’s small hemp industry has cause for great optimism: The state has the nation’s loosest hemp regulations and a latitude that makes it an easy fit for hemp cultivars developed in Canada and northern Europe.
But Vermont’s hemp growers have reason to worry, too.Read More
A Vermont broth maker has voluntarily recalled jars of CBD-infused chicken and beef broths over a misunderstanding about labels. The Simmering Bone sold CBD-infused broth last month at the Vermont Hemp Fest in improperly labeled jars, company owner Rachel Collier told Seven Days, a Burlington-based weekly newspaper. After Simmering Bone produced the broth, it was […]Read More
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