Dionne Toombs Researchers at the U.S. Department of Agriculture say they’re studying ways to boost hemp production and profitability for growers, and are collecting the first national statistics on domestic hemp production to be ready by next year. But Dionne Toombs, director for USDA’s Office of the Chief Scientist,... Read more
A land-development company that includes an Arizona CBD firm battling investor fraud claims has filed for federal bankruptcy protection. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG,... Read more
3M’s Don Davidson uses everyday sticky notes to demostrate how hemp could become part of tomorrow’s adhesives (photo via National Hemp Symposium) Industrial conglomerate 3M Co. thinks hemp can be part of the sustainability “megatrend” and is looking at hemp components to do everything from strengthening packaging tape to... Read more
Two associated hemp drying companies and their chief executive have each been fined nearly $200,000 by state environmental regulators in Oregon. The Oregon Department of Environmental Quality issued fines of $198,786 to Columbia Hemp Trading Company and $196,288 each to related company Columbia 410 and CEO Jacob Crabtree. The... Read more
SōRSE Technology, the leading water-soluble emulsion technology designed for infusing functional ingredients into consumer goods, announces the addition of 7.5% CBD liquid emulsion for personal care products to their product suite. SōRSE is designed for product developers to make oil-based functional ingredients water-soluble and more efficacious, while also providing... Read more
A Canadian hemp producer says it has acquired the water rights necessary to pursue its plan to grow hemp in northwestern Colorado and process the hemp into construction components for affordable homes on the same land. Vancouver, British Columbia-based Global Hemp Group says it has acquired control of Western... Read more
NBA Hall of Famer Isiah Thomas is investing $3 million in his company One World Pharma, which grows hemp and marijuana in Colombia. Thomas, who played 13 seasons for the NBA’s Detroit Pistons, became CEO of One World Pharma in July. The company is located in Las Vegas but... Read more
U.S. farmers could bring home almost $10 billion less in annual income in 2021 because of slowed federal pandemic payouts to farmers. The U.S. Department of Agriculture projects that farm income in 2021 will decrease $9.8 billion, to $111.4 billion. The falling income forecast comes as Congress pumps the... Read more
A clear majority of hemp farmers and processors support establishing a federal program to promote the crop, according to a survey by two industry groups, but not everyone supports paying for it. The National Industrial Hemp Council and the Hemp Industries Association polled their members late last year on... Read more
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Julie Lerner is CEO of PanXchange, a commodity trading platform and benchmark price provider.) Basing the multibillion-dollar, pie-in-the-sky forecasts for the U.S. addressable market for CBD on retail shelf prices... Read more
