Trans-Atlantic hemp trade hit by uncertainties
Supply-chain disruptions and delivery delays have become the new normal for hemp and other agricultural commodities as governments keep their borders shut and planes grounded to contain the spread of the coronavirus. Pandemic-related flight restrictions, delays and increased fees have made the complicated business of moving hemp biomass and... Read more
Wisconsin hemp seed seller sues Canadian producer over distribution dispute
A Wisconsin hemp seed seller is in a contract dispute with a Canadian seed producer over where and for how long it can sell a grain cultivar. Legacy Hemp of Hastings, Minnesota, says that Terramax Holdings Corp. is trying to renege on the length of time Legacy Hemp has the... Read more
New Mexico hemp going in cannabis medicine exported to Israel
A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health... Read more
Polish hemp subsidiary survives cuts by Green Organic Dutchman
A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European... Read more
Elixinol taps former marijuana exec as new Americas CEO
International CBD brand Elixinol has appointed a new CEO for North and South America. Tom Siciliano will oversee the company’s hemp-derived CBD business in the Americas region. He succeeds outgoing Americas chief Leif Harrison, who recently spoke to Hemp Industry Daily about the company’s revamped global strategy. Wednesday’s announcement of the... Read more
CBD makers take stock of sales, strategy in coronavirus landscape
The coronavirus pandemic has upended the economic landscape and forced businesses of all sizes and industries to suspend operations, cancel events and furlough tens of thousands of workers. With markets in free fall and states imposing lockdowns across the U.S., some have argued that the hemp-derived-supplements industry could see... Read more
Coronavirus may delay Mexico vote on hemp, marijuana legalization
Mexico’s vote to legalize hemp and marijuana will likely be delayed because of the coronavirus pandemic, one attorney following the proceedings said. The delay has not been announced, but it’s expected to happen any moment, said Luis Armendáriz, an attorney in Chihuahua, Mexico, who is affiliated with Denver’s Hoban Law... Read more
Lawmakers in Ghana legalize hemp cultivation
The West African nation of Ghana has passed legislation allowing hemp to be grown for industrial or medicinal purposes. The legislation allows the government to “grant a licence for the cultivation of cannabis which has not more than 0.3% THC content on a dry-weight basis for industrial purposes for... Read more
Mexico’s legalization of hemp, marijuana could be ‘quite significant’ for US markets
Mexico is poised to become the world’s most populous country with legal marijuana and hemp next month – and, unlike its northern neighbor, Mexico is setting nationwide regulations to cover all forms of cannabis, no matter the THC content, instead of having a patchwork of laws for the two... Read more
Elixinol refocuses CBD strategy, global ambitions amid FDA inaction
Australian hemp company Elixinol Global had grand ambitions when it went public on the Australian Securities Exchange in January 2018, offering what might be termed the holy trinity of hemp business offerings: one for hemp and CBD supplements, one for hemp food products and one for an emerging medicinal... Read more
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