A Weed Grows in Davos
At the World Economic Forum, cannabis is a commodity like any other — but these interested parties aren’t looking to get high Here at the World Economic Forum in Davos, Switzerland, one sign that your international venture has reached a level of prominence is the appearance of a “house” bearing... Read more
As “green rush” rolls on, Boulder’s Surna helping make cannabis industry more sustainable
The cannabis industry is on a new high with legal sales expected to reach $30 billion in the United States by 2025. This assessment is part of “The U.S. Cannabis Report: 2019 Industry Outlook,” published by New Frontier Data that refers to “the strong demand for concentrates and edibles”... Read more
Cross-pollination between marijuana and hemp is a budding conflict at outdoor grows
By Bart Schaneman, Marijuana Business Daily DENVER — Outdoor marijuana growers are reporting an increase in cross-pollination from hemp farms, a development that could mean marijuana cultivators might lose upwards of tens of thousands of dollars if their plants become unmarketable as flower products. As the marijuana and hemp... Read more
Colorado CBD producer Mile High Labs lays off 20 employees just months after major expansion
Mile High Labs, one of Colorado’s leading CBD producers, laid off employees this week, just months after undergoing a major expansion. According to chief financial officer Jon Hilley, the company cut 20 positions — less than 10% of its workforce — on Thursday. They primarily were those in entry-level... Read more
Member Blog: Cross-Pollination Poised to Prompt Litigation in Light of New USDA Hemp Rules
by Ryan McGuire, HK Cannabis Law On October 29, 2019, the USDA released regulations establishing a domestic hemp production program, paving the way for hemp cultivation on an industrial scale in 2020. While the potential benefits of a robust hemp industry in California are exciting, large scale industrial hemp... Read more
Arizona hemp farmers may be feeling a bit panicked after the state’s Department of Agriculture’s Plant Services Division published a report stating that 41 percent of the hemp plants they tested had THC levels that were too high.  “It’s a high-risk deal,” said head farmer for Arizona Hemp Supply... Read more
Playing Cannabis Catch-Up
A PhD Plant Biologist’s Plan to Modernize the Struggling Industry for the 21st Century Here we are, the inaugural year of American hemp cultivation has wrapped up. Hemp production jumped 479% following the passage of the 2018 Farm Bill, effectively making hemp (Cannabis sativa containing ≤ 0.3% THC) legal... Read more
PORTLAND, Ore. (AP) — Hemp growers and entrepreneurs who were joyous a year ago after U.S. lawmakers reclassified the plant as a legal agricultural crop now are worried their businesses could be crippled if federal policymakers move ahead with draft regulations. Licenses for hemp cultivation topped a half-million acres... Read more
Seven months ago, the Texas House of Representatives and State Senate unanimously voted for hemp legalization. That decision is having major repercussions on the way the state prosecutes marijuana possession, mainly because law enforcement has very limited resources when it comes to knowing the difference between marijuana and hemp.... Read more
December 2019 – Hemp Market Update
Spot Market Updates Biomass Spot Pricing: Biomass markets continue to bifurcate between two markets: 1) the market transacting at fair market values dictated by supply and demand; 2) a market rife with desperate sellers and opportunist buyers. Because of this fragmentation, recent transaction prices vary widely. In general, homogenized... Read more
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