Hemp group pitches plant as an economic engine for Europe in post-pandemic era
A key industry group for farmers and processors in Europe wants EU policymakers to see industrial hemp as a potential catalyst for regenerating rural areas following the coronavirus economic downturn. In a manifesto released on Tuesday, the European Industrial Hemp Association said the crop could deliver long-term sustainable growth and... Read more
Chart: Illinois harvested 73% of crops planted in 2019, according to first-year hemp production totals
Hemp farmers in Illinois were able to harvest 73% of their 2019 crop, despite swings in the weather that made farming not so favorable in the inaugural year of legal hemp production. According to a report released earlier this month by the Illinois Department of Agriculture (IDOA), Illinois farmers... Read more
Danish researchers have created a method to produce the hallucinogenic drug psilocybin that uses yeast instead of magic mushrooms. The new process could lead to mass production of the drug, which has shown promise as a treatment for depression and anxiety. Nick Milne, a researcher with the Novo Nordisk... Read more
Potential cannabis business owners in Los Angeles looking to open new shops are suing the city, claiming the process for applying for a license is  “flawed.” The L.A. Times reports that the lawsuit was filed last week by the Social Equity Owners and Workers Association. They are demanding that... Read more
Hemp extractor who received stimulus assistance shares tips for others
Use a small bank. Have all your paperwork in order. And apply for help even if you don’t know if you qualify. That’s the advice from Ross King, CEO of Kind Roots Botanicals, a toll processor in Wray, Colorado. King receieved a forgivable emergency loan from the U.S. Small... Read more
Schwazze, Formerly Known as Medicine Man Technologies, Inc., Announces the Closing of the Mesa Organics Acquisition The Company becomes first publicly traded company to complete transaction under new Colorado HB19-1090 “PubCo” Bill DENVER, April 20, 2020–(BUSINESS WIRE)–Schwazze, formerly known as Medicine Man Technologies Inc. (OTCQX:MDCL) (“Schwazze ” or “the... Read more
President Trump has a new White House press secretary—one who appears to disagree with him on whether states should be able to legalize marijuana. Kayleigh McEnany, a longtime political commentator and former Republican National Committee spokesperson who is shifting from Trump’s 2020 reelection campaign to the new top administration... Read more
While Missouri voters were excited about the chance to vote on recreational cannabis this November, it turns out they will have to wait another year, as medical cannabis won’t be making the ballot.  The organization that rallied to try and get cannabis on the ballot, Missourians for a New... Read more

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