By Josh Holleb, Co-Founder and Co-Owner of Ceres Greenhouse Solutions What if the highest performing cultivation facility isn’t the most expensive? The highest producing cultivation facility is probably the most expensive, right? Highly productive and efficient cultivation facilities can be more financially accessible than you may think. Rebates and... Read more
On Tuesday, the U.S. Supreme Court refused to hear a prominent case, Washington v. Barr, which argued that cannabis prohibition is unconstitutional. This action in effect upholds an earlier district court ruling which said that the plaintiffs – who included a former NFL player, a veteran, pediatric cannabis patients... Read more
by Mark Hefner, CEO of MGO Realty Advisors and Dustin Grizzle, MGO Tax Partner In the cannabis and hemp industries, capturing the true value of real estate holdings in an M&A deal can be both elusive and central to the overall success of the transaction. Difficult-to-acquire licenses and permits... Read more
The Hemp Industries Association and a South Carolina CBD manufacturer are asking a second federal court to prevent the U.S. Drug Enforcement Administration from criminalizing hemp extracts. At issue is whether the DEA is simply updating its policies to comply with the 2018 Farm Bill, which removed low-THC cannabis from... Read more
Connecticut Gov. Ned Lamont has signed into law the state’s new hemp cultivation regulations to align with requirements from the U.S. Department of Agriculture. Connecticut has already submitted its hemp plan to USDA, but the agency has yet to approve it. The new law enacts those changes anyway and... Read more
The U.S. Small Business Administration is asking federal agriculture officials to listen to farmers on five crucial elements of the proposed interim final rule for hemp production. In its formal comments to the U.S. Department of Agriculture’s Agricultural Marketing Service during the extended comment period that ended last week,... Read more
Online retail giant Amazon has launched a pilot program allowing the sale of select CBD ingestibles on its UK website. The company says “sellers participating in a limited, invite-only pilot” on the UK site are exempt from its sales ban on edible products containing CBD or other cannabinoids. “This... Read more
The Arthritis Foundation, the first major patient advocacy group to issue CBD recommendations, has named a subsidiary of Charlotte’s Web, CBDMEDIC, as a sponsor. The announcement comes more than a year after the group recommended CBD guidelines to some 50 million or so arthritis patients. The recommendation included warnings... Read more
(A version of this story first appeared at Marijuana Business Daily.) As outdoor hemp growers contend with wildfires ravaging the western United States, the need for preventative steps is even more important now that fire season starts earlier and ends later. This year’s fires have torched roughly 6 million... Read more
by Morgan Fox, NCIA’s Director of Media Relations Arizona Ballot: Proposition 207, Smart & Safe Act (adult use) Summary: https://smartandsafeaz.com/about/ Full language: https://mk0adassociatioy1jbg.kinstacdn.com/wp-content/uploads/2019/10/I-23-2020.pdf Main backers: Smart and Safe Arizona Possession: Adults 21+, 1 ounce flower or 5 grams concentrate Home cultivation: YES, adults 121+ may have up to 6 plants in... Read more
