Ohio begins taking hemp-growing applications
Ohio farmers began applying for three-year permits Tuesday to start growing hemp in the state this year. Ohio was among the first three states in the country in December to have the U.S. Department of Agriculture approve their rules for growing and processing hemp. The Ohio Farm Bureau predicts the plant... Read more
Concerns looming over coronavirus impact on hemp industry, but some US firms could gain from fallout
(A version of this story appeared earlier on Marijuana Business Daily.) Hemp companies of all stripes – from growers to retailers – are likely to join other global industries feeling the fallout from the coronavirus outbreak. That’s largely because so much inexpensive cannabis hardware is made in China. It... Read more
Committee Blog: Why We Should Know About Our Endocannabinoid System
By Ann Allworth, Founder & CEO, Cannabis Education SolutionsMember of NCIA’s Scientific Advisory Committee So why should we know more about our endocannabinoid system? The short answer is: that we should all be in awe of it! Here’s why; although not widely known, the Endocannabinoid System (ECS) is extraordinarily... Read more
Watch The Webinar: An Insight into Cannabis Attitudes, Uses, and Trends
This informative webinar recording from January 28, 2020, provides insight into recent market research on state-by-state consumer attitudes, usage, and trends. Cannabis consumer segments and profiles will also be presented along with media consumption and lifestyle attributes, along with preference insights from medical dispensaries and the role of cannabis in the treatment of severe pain... Read more
CBD manufacturer snags $5 million from private equity firm
A New York-based company that makes hemp-derived CBD supplements, drinks and cosmetics has secured $5 million from a European private equity firm in a cash-for-stock deal. Emerald Organic Products, which makes CBD products under the Pura Vida Vitamins label, on Tuesday announced the deal with Bedrock Group Holdings, a... Read more
2 Canadian cannabis production companies settle legal dispute
Two Canadian companies that formed a joint venture to sell hemp and marijuana have settled a legal dispute over which owned more of the business they created. Village Farms International and Emerald Health Therapeutics on Tuesday announced the settlement, which stipulates that Village Farms will own 57.4 % of... Read more
Marijuana giants have a new plan to jump-start US hemp’s supply chain
Three cannabis veterans who helped grow a Canadian firm into the biggest company in cannabis are setting their sights – and up to $175 million – on the U.S. hemp supply chain beyond just flower products. Bruce Linton and Tim Saunders, the former CEO and CFO of Canopy Growth,... Read more
CBD retail giant to focus on marijuana dispensaries as it sells part of its business
An Ohio-based cannabis retailer that owns the nation’s largest chain of CBD retail kiosks in malls is selling most of that business to focus on running marijuana dispensaries instead. Green Growth Brands’ announcement last week caps a tumultuous year for the company, which laid off 50 workers in September... Read more
Meet Anya – NCIA’s New D.C. Office Intern
By Michelle Rutter Friberg, NCIA Deputy Director of Government Relations There’s no shortage of work to be done in cannabis policy reform here in Washington, D.C. and it seems like there’s never enough hours in the day! That’s why for more than two years, the NCIA D.C. office has... Read more
CBD in the UK: What industry players make of the new food rules
The United Kingdom became a trailblazer in national CBD regulation earlier this month when its Food Standards Agency set a deadline for the industry to apply for EU safety evaluations as a “novel food,” and also provided consumption guidelines to consumers. The UK guidelines, which do not apply to... Read more
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