Industrial Hemp News | MJ Shareholders

Project aims to build domestic hemp fiber supply chain – starting with 2,021 T-shirts

Featured Hemp Industrial Hemp News Marijuana Laws, Regulations, & Politics March 26, 2021 0

The U.S. hemp textiles supply chain has to start somewhere, so it might as well begin with T-shirts, according to one North Carolina-based apparel manufacturer. Developing a domestic hemp fiber supply chain in the U.S. could help create a transparent, sustainable, profitable industry that will pay farmers a living... Read more

Industry to FDA: No evidence of liver disease or elevated liver function in CBD study participants

CBD Featured Hemp Industrial Hemp News Marijuana Laws, Regulations, & Politics March 25, 2021 0

Early results of an industry-sponsored, human-safety study on hemp-derived CBD consumption show no evidence of liver toxicity or disease in its 839 participants. The study also found no increase in the prevalence of elevated liver-function numbers compared to a group with a similar incidence of medical conditions. Those results... Read more

Losses narrow for Charlotte’s Web

CBD Industrial Hemp News Marijuana Laws, Regulations, & Politics March 25, 2021 0

Charlotte’s Web Holdings Inc. lost $15 million last quarter, a narrower loss than the same period in 2019, as the company trimmed operating expenses and posted gains in both direct-to-consumer sales and B2B sales over the fourth quarter of 2019. Still, the CBD giant based in Boulder, Colorado, saw... Read more

Chart: Significant profits still elusive for hemp manufacturers

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics March 25, 2021 0

Significant financial returns are still elusive for many hemp-products manufacturers, with only 8% of respondents to the Hemp Industry Daily survey saying their companies were “very profitable” in 2020. But the segment is getting there, with one-third of processor respondents noting their businesses were “somewhat profitable.” At the same... Read more

Key FDA official, CBD task force leader Amy Abernethy resigns

CBD Hemp Industrial Hemp News Marijuana Laws, Regulations, & Politics March 24, 2021 0

The process for regulating CBD was dealt another setback Tuesday with the resignation of Dr. Amy Abernethy, who will leave the U.S. Food and Drug Administration in mid- to late April. Abernethy’s resignation was announced in a memo from acting FDA Commissioner Janet Woodcock. Abernethy has served as the... Read more

USDA launches $6 billion-plus pandemic assistance program for farmers

Hemp Industrial Hemp News Marijuana Laws, Regulations, & Politics March 24, 2021 0

Federal agriculture officials are opening up more economic assistance to farmers feeling the impact of the coronavirus pandemic and related market disruptions. U.S. Secretary of Agriculture Tom Vilsack on Wednesday announced the agency would devote “at least $6 billion” to a new initiative – the USDA Pandemic Assistance for... Read more

How to get hemp and marijuana young plants from the greenhouse into the ground

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics March 24, 2021 0

(This is the third installment in a series focused on cultivation planning for marijuana and hemp growers. The second installment is available here.) Outdoor cannabis producers often have a brief window to get their seedlings and clones transplanted during planting season. Here are a few tips for marijuana and hemp cultivators who... Read more

USPS reviewing comments on mail vape limits

Industrial Hemp News Marijuana Laws, Regulations, & Politics March 23, 2021 0

The U.S. Postal Service says it is reviewing public reaction to new vaporizer mail limits in advance of them taking effect April 26. The USPS plans to ban mailed vaporizers by mid-summer after Congress approved the ban in December. USPS spokesman David Coleman told Hemp Industry Daily that public... Read more

Oregon CBD company latest to allege wrongful border seizure

Hemp Industrial Hemp News International News Marijuana Laws, Regulations, & Politics March 23, 2021 0

Oregon hemp manufacturer We CBD is the latest to accuse U.S. Customs and Border Protection of wrongly seizing legal hemp products. The company in Sandy, Oregon, says that CBP seized 3,328 pounds of hemp biomass on Nov. 8 in Charlotte, North Carolina. The hemp was destined for an unnamed buyer... Read more

How hemp, CBD companies can vet celebrity partnerships to avoid (embarrassing) pitfalls

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics March 23, 2021 0

This story originally appeared at Marijuana Business Daily. When Canopy Growth introduced its CBD drink brand, Quatreau, to the U.S. market on March 2, the Canadian cannabis producer also announced its newest brand ambassador: American astrologer Susan Miller. Ambassadors and celebrity partnerships are familiar terrain for Canopy, already known... Read more