Tough Fiber: Hemp making (slow) inroads into the textile market
Background from heat-insulating natural hemp material, construction, eco concept, top view, copy space (This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Attentive shoppers walking through a Macy’s department store last winter might have spotted a rarity in the bedding department: hemp... Read more
Member Blog: How Third-Party Safety And Quality Audits Can Help The Cannabis Industry Self-Regulate And Avoid Mandatory Regulations
by Tyler Williams, founder and Chief Technical Officer of Cannabis Safety & Quality (CSQ) The disadvantages of receiving a third-party audit are apparent – it takes a lot of time to build a cannabis safety and quality program that meets audit requirements, and the costs of an audit can... Read more
Bankruptcy lessons learned from a Kentucky hemp pioneer
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Filing for bankruptcy protection isn’t an ideal destination for any company. However, the stigma around it has been significantly lessened in recent years—especially in an industry as tumultuous as hemp, according... Read more
California pharma company announces plans to buy CBD beauty, pet brand
A drug delivery and development company in California with ambitions of entering the CBD consumer products market has made a $20 million offer to buy a CBD beauty and pet product company. Oxnard-based CURE Pharmaceutical said Tuesday it had reached an agreement with Los Angeles-based Sera Labs to acquire... Read more
Texas smokable hemp ban takes effect next week
Officials in Texas have certified that the code banning the retail sale and distribution of smokable hemp products has been approved and becomes effective Aug. 2. The disputed measure, part of a larger hemp law signed by Gov. Greg Abbott last summer, enforces a ban on the manufacture, processing,... Read more
Paraguay to begin hemp marketing soon
Paraguay’s Ministry of Agriculture says marketing hemp products in the country could start as soon as December, with the help of a government program. The announcement came recently after Moises Bertoni Hicar, a deputy in the ministry, met with the Association of Roseño Producers, a group that represents 164... Read more
West Virginia professor gets $200K from feds to study THC changes in hemp plants
Federal agriculture authorities have awarded $200,000 to a West Virginia University professor to study what leads to inconsistent levels of THC in hemp plants, sometimes above what’s legal. Michael Gutensohn, an assistant professor of horticulture  will be collaborating with two former WVU faculty members for the project, which includes... Read more
Hemp companies in financial trouble have legal bankruptcy options not offered to marijuana operators
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) In a recession, there are bound to be business casualties—particularly in a high-risk, nascent industry such as hemp. Hemp companies have experienced a perfect storm of obstacles since legalization in late... Read more
Australia completes first hemp seed export to New Zealand
Australia has exported its first shipment of hemp seeds to New Zealand. The export was made possible because the Australian government recently passed legislation to ease regulations on trade, Business News Australia reported Friday, but did not say how much was exported or when. Australian Minister of Agriculture David... Read more
Uruguay hemp seller ships half ton of low-THC flower to Switzerland via Germany
Boxes from CPLANT are pictured in a warehouse. CPLANT, a hemp producer in Uruguay, has successfully sent half a ton of low-THC hemp flower to Switzerland via Germany, shipping what appears to be the South American country’s first major commercial export of CBD flower to Europe. The shipments of... Read more
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