FDA withdraws pending CBD enforcement proposal
(Updates throughout with FDA response.) U.S. drug regulators have withdrawn their proposal to regulate over-the-counter CBD, handing the industry another setback after years of delay from the Food and Drug Administration. The proposal in question was withdrawn because of the changing administration. The delay was widely anticipated but still... Read more
Oregon hemp farmer to lead Farm Bureau’s young growers committee
Jon Iverson, a 34-year-old grower whose family farm grows industrial hemp and other crops, has been elected to serve as chair of the American Farm Bureau’s Young Farmers & Ranchers Committee. The third-generation farmer and graduate of Oregon State will act as spokesman for the YF&R program and will... Read more
Report: CBD energy drinks sell quickly in Queen Elizabeth’s farm shop
Hemp-derived CBD energy drinks manufactured by the UK brand Trip have been stocked in Queen Elizabeth II’s Windsor Farm Shop, UK tabloid The Sun reported. According to an unnamed source in the report, the drinks have been popular with patrons of the shop, which was founded in 2001 after... Read more
Brexit creates CBD regulatory mess for UK market
If the CBD market is any indication of how other sectors will be affected by the United Kingdom’s divorce from the European Union, buckle your seatbelts. Supply-chain slowdowns and lockdowns due to the Covid-19 pandemic have already made doing business in the UK a challenge. Under the latest Brexit... Read more
Hemp provides American Indian tribes with new economic opportunities, commercial partnerships
(This is the second part of a two-part story from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. Read the first installment here. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) Hemp and... Read more
USDA: Final hemp rules aren’t on hold — but new administration will review
Nationwide hemp rules released in the closing days of the Trump Administration aren’t on hold, according to the U.S. Department of Agriculture. But the agency will be reviewing all programs implemented by the previous administration, as is common when there is a new president. USDA spokesman Matt Herrick told... Read more
First Big Tobacco cannabis player backs out after bankruptcy
The first Big Tobacco company to join the hemp and marijuana industries is getting back out. Pyxus International, one of the world’s largest tobacco suppliers, said Thursday that it will focus on its more profitable tobacco and liquid nicotine products after filing for bankruptcy in June. Based in Morrisville,... Read more
After years of delay, American Indian tribes still face difficulty realizing new economic opportunities in hemp
(This is the first of a two-part story from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) It’s been more than two... Read more
Reports: French energy startup nets €18.8 million to launch hemp-fueled plant
Qairos Energies, a startup with aspirations of using agricultural biomass to produce methane and hydrogen in northwestern France, has raised nearly €18.8 million ($23 million) to build and launch a facility that will use local hemp to make fuel for buses, trains and France’s chief natural gas distributor. The... Read more
Biden transition leaves hemp operators wondering about new USDA rules
Farmers still making sense of long-delayed nationwide rules for growing hemp in 2021 and beyond got another wrinkle Wednesday when the incoming administration of President Joe Biden ordered a “freeze” on new regulations. The memo instructed federal agencies — including the U.S. Department of Agriculture, which oversees hemp production... Read more
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