Oregon marijuana growers eye opportunities in hemp
Industrial Hemp NewsMarijuana Industry News September 17, 2018 0
(This is an abridged version of a story that appears at MJBizDaily.com.) As Oregon cannabis prices continue to sink to new lows amid a product glut, outdoor marijuana growers are turning their sights to MJ’s cousin: hemp. The pivot allows growers to diversify their revenue stream and capitalize on... Read more
Hemp hangs in balance as Farm Bill talks stall
Industrial Hemp News September 17, 2018 0
Hemp entrepreneurs hoping for a long-awaited hemp expansion from Congress are nervously watching as the end-of-the-month deadline nears. Hemp farmers hoped to see quick action on the 2018 Farm Bill, including a provision to take hemp off the Controlled Substances Act that was included in the Senate version. Here’s... Read more
Coca-Cola eyes CBD ‘functional wellness beverages’ as soda market cools
Industrial Hemp NewsMarijuana Industry News September 17, 2018 0
The Coca-Cola Co., the world’s largest beverage maker, is looking at a line of CBD beverages, the company confirmed Monday. “Along with many others in the beverage industry, we are closely watching the growth of nonpsychoactive CBD as an ingredient in functional wellness beverages around the world,” Coca-Cola spokesman Kent Landers said... Read more
Aurora makes big move into European hemp, CBD market
Industrial Hemp NewsInternational News September 14, 2018 0
Continuing its global acquisition spree, Aurora Cannabis acquired two Lithuanian hemp companies for 6.3 million euros ($7.3 million) in cash and stocks. Edmonton, Alberta-based Aurora acquired hemp grower and processor Agropro UAB, which has some 4,000 acres growing hemp, and Agropro’s sister company, Borela UAB, which processes and distributes organic... Read more
Capitalizing on CBD: How hemp businesses are shaping the market and winning new customers
Industrial Hemp NewsMarijuana Industry News September 14, 2018 0
(This is an abridged version of a story that appears in the September issue of Marijuana Business Magazine.) Dr. Priyanka Sharma had a thriving global business in chemical pharmaceuticals, traveling the world setting up factories extracting fish oil for nutritional supplements. But Sharma and her husband, Pulak, left their home... Read more
Federal judge shuts down West Virginia hemp farm over seed allegation
Industrial Hemp News September 14, 2018 0
A federal judge has ordered a West Virginia hemp farm to shut down over allegations that the operation illegally imported seeds from Kentucky. U.S. Attorney Mike Stuart argued that Grassy Run and its affiliated company CAMO Hemp WV received about 5,000 pounds of hemp seeds from neighboring Kentucky instead of... Read more
