Update from D.C.: The Latest on Marijuana Rescheduling and the Farm Bill
HempMarijuana Laws, Regulations, & Politics May 23, 2024 0
There were two major cannabis policy developments from Washington, D.C. last week: language of the proposed rule for rescheduling became available (accompanied by a video from the President reaffirming his commitment to reform) and the long anticipated text of the farm bill was released. The text of the proposed... Read more
Colorado Senate Approves Legislation Banning Social Media Praise of Drugs
ColoradoFeaturedHempTrending Stories April 22, 2024 0
There’s another attack on the First Amendment for you to worry about, especially if you live in Colorado. The Centennial State’s Senate approved an epically terrifying social media bill that could require social media platforms to prohibit users from saying anything deemed positive about controlled substances online, including psychedelics... Read more
A hemp producer based in Dayton, Ohio has a new customer for its crop after the firm signed a deal with a processor in nearby Michigan to provide raw material for hemp-based bioplastics. Under its new contract with Detroit-based Heartland Industries, Ohio Hemp Company will provide hemp fiber to... Read more
Doctors Join Call To Regulate Intoxicating Hemp Cannabinoids
FeaturedHempTrending Stories April 18, 2024 0
A professional organization of physicians who support drug policy reform is calling for the regulation of intoxicating hemp-derived cannabinoids including delta-8 THC, arguing that the safety of products containing the compound is unknown. The recommendation was recently made by Doctors for Drug Policy Reform (D4DPR), a group of healthcare... Read more
Illinois Lawmakers Seek Ban on Intoxicating Hemp Products
FeaturedHempIllinoisTrending Stories April 17, 2024 0
Illinois lawmakers last week joined representatives of the licensed cannabis industry to call for a ban on intoxicating hemp products including delta-8 THC. Under one proposal, non-intoxicating hemp products would be regulated with rules for licensing hemp businesses and the testing and labeling of hemp products. Synthetically produced hemp... Read more
U.K. Eases Restrictions on Hemp Agriculture
FeaturedHempIndustrial HempTrending Stories April 11, 2024 0
The government of the United Kingdom has approved changes to the rules governing industrial hemp licenses designed to make it easier for farmers to grow the crop. The new regulations will support regulated farmers who grow hemp and encourage new investment in the industry while continuing to discourage illegal... Read more
Iowa Legislature Passes Bill To Cap Potency of Hemp Products
CBDFeaturedHempTrending Stories April 4, 2024 0
The Iowa state Senate on Tuesday approved a bill to cap the THC potency of consumable hemp products, sending the measure to the desk of Republican Governor Kim Reynolds for consideration. The legislation, House File 2605, was passed by the Senate by a vote of 31-18 after receiving approval... Read more
Farmers in Zimbabwe are pivoting from the country’s traditional staple crops like corn to a new lucrative crop—hemp production. Leaders in the country, however, are more worried about any disruptions to food security locally than the potential economic boon hemp will likely bring to the country. Agriculture contributes about... Read more
Nebraska Bill Aims To Increase Taxes on CBD, Hemp Products by 100%
CBDFeaturedHempTrending Stories March 26, 2024 0
A recent property tax relief bill in Nebraska is seeking to create new income opportunities for the state, including a variety of sales tax exemptions. This includes adding sales taxes for products like candy and soda, as well as services such as pet care and grooming, but most importantly,... Read more
2024 U.S. Cannabis Sales Projected To Exceed $31 Billion
FeaturedHempIndustryMedical MarijuanaTrending Stories March 26, 2024 0
Regulated marijuana sales in the United States are expected to exceed $31 billion this year, according to a recent economic forecast from a firm specializing in cannabis and hemp business consulting, data, and economic research. The projection from Portland, Oregon-based Whitney Economics estimates that legal sales of medical marijuana... Read more