Exclusive: Smokable hemp market worth up to $80 million for 2020, with five-fold growth predicted
Hemp operators say smokable hemp is one of the fastest-growing and most lucrative segments in the nascent hemp and CBD industry – and market analysts agree, with expectations that the market will experience five-fold growth in the next five years. For 2020, market researchers at Nielsen project sales in... Read more
German hemp wholesaler sues city of Düsseldorf over CBD sales ban
Hempro International, a producer and wholesaler of hemp-derived food, clothing, accessories and cosmetics in western Germany, has filed suit against the city of Düsseldorf for its ban on the sale of hemp-derived CBD food products. The city of Düsseldorf published an announcement in July in its official gazette prohibiting... Read more
Former GM plant tapped for hemp decortication in Texas
A Dallas company that specializes in developing large-scale industrial projects has chosen the Texas town of Wichita Falls for a new hemp decortication facility. Panda Biotech said Tuesday it has contracted 500,000 square feet for the facility, along with the surrounding 97-acre campus that formerly was a General Motors... Read more
Brazilian cannabis advocates, critics attend virtual hearing on draft cultivation law
South America’s largest economy took another step toward legalizaing cannabis cultivation on Tuesday when parents, clergy members, physicians, growers and regulators logged online to attend a public hearing on a draft law that would legalize the cultivation of cannabis in Brazil. The technical meeting was organized by the lower... Read more
California bill to allow hemp CBD-infused products fails
A California proposal to allow hemp extracts in food and beverages has again failed amid broad disagreement on how to allow cannabinoids outside licensed marijuana retailers. The bill would have also set testing and labeling requirements for safety, and to ensure products don’t exceed 0.3% THC levels. But California... Read more
INTERVIEW: Germany’s Sanity Group prepares to launch new CBD lobby group
One German company has decided to tackle the high-risk regulatory landscape for cannabinoid products in Europe’s largest economy head on with a new lobby group for CBD manufacturers and retailers. Sanity Group, a manufacturer of cannabinoid products based in Berlin, has joined forces with Canadian cannabis giant Aphria and... Read more
Farm equipment exec joins National Hemp Association board
New Holland North America vice president Brett Davis has been tapped to join the National Hemp Association’s board of directors. Davis spoke over the weekend to NHA members at the group’s annual meeting and talked about plans to increase farm equipment and machinery designed for hemp at New Holland,... Read more
Vermont CBD retailer accused of bilking hemp farmers of at least $150,000
The owner of a CBD store in Vermont is accused of bilking hemp farmers and writing bad checks. Douglas Bell, the owner of CBD-Vermont in Waterbury, pleaded not guilty to seven felony counts of theft of service, two felony counts of false pretenses, two misdemeanor counts of writing a... Read more
Looming Congress vote would eliminate THC line between hemp, marijuana
(A version of this story first appeared at Marijuana Business Daily.) A bill to remove cannabis from the U.S. Controlled Substances Act regardless of THC content and thereby legalize marijuana federally – with massive business implications – is scheduled to be considered by the full U.S. House the week... Read more
USDA lawyer: Hemp growers have ‘a little bit of leeway’ on THC testing, but not much
Cuttings are taken from mother stock plants, then rooted into growing media to produce clones for the farmer network and indoor flower production. Farmers experimenting with hemp production in the U.S. may not want to hold out hope that legal THC  limits in looming national hemp rules are going... Read more
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