Retail sales of CBD in the United States are expected to surpass $1 billion in 2019 – a 133% increase over 2018 sales – and might eclipse $10 billion by 2024, according to projections from the newly released 2019 Hemp & CBD Industry Factbook. The recent surge of consumer... Read more
by Andrew Kline, NCIA’s Director of Public Policy With uncertainty about the proximate cause of the vaping crisis continuing to roil state regulators, and state governors trying to determine the right short-term solution to protect the public health, the former Commissioner of the FDA has a longer-term plan. Former... Read more
A Canadian greenhouse vegetable producer making an expansion into hemp is bracing for Latin American competition as it expands its operations. “The confidence that I have in Canada is, I think we can actually compete on oil with Latin America,” Village Farms’ CEO Michael DeGiglio said last week in a... Read more
California Gov. Gavin Newsom signed a bill to bring the state’s hemp laws into compliance with the 2018 Farm Bill. The measure, which was signed Saturday and will take effect Jan. 1, updates the state’s definition of industrial hemp and terminology to match the federal language. It also requires the... Read more
The Cosmo Cultivator of the Year. Regional Game Changer. Community Impact. These are just some of the categories for which the editorial team of Marijuana Business Daily vetted more than 670 entries for the inaugural MJBizDaily Awards. With the list of nominees having been culled to 55 finalists, a... Read more
Michigan State University is looking to the hemp industry to provide guidance on research and outreach needs. University researchers are asking growers who are currently producing or plan to produce hemp for biomass, fiber, grain or CBD to participate in an industrial hemp survey. The survey asks growers to... Read more
(This is part of an occasional series of regional reports looking at the 2019 hemp production season. To read the previous installment about the Mid-Atlantic region, click here.) Hemp producers in the South faced a dry, warm growing season, along with high disease and pest pressure. Most farmers growing hemp... Read more
by Kary Radestock, Hippo Premium Packaging Just when you thought you had a grasp on the tangled web of regulations governing California’s legal cannabis market, the packaging rules are changing again on January 1, 2020. That’s right around the corner… so if you are a manufacturer, grower or producer,... Read more
Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer are suing each other in rival federal cases over a bad crop and allegations of missed payments and misspent advances. The cases center on Go Farm Hemp, a Henderson, Nevada-headquartered company that entered contracts to grow hemp in 2019... Read more
A Canadian wellness company has entered into an equity partnership with an American consumer-media company to promote its hemp-derived CBD products in the United States. Neptune Wellness Solutions, based in Laval, Quebec, developed the deal with New York City-based American Media, a privately held publisher of consumer magazines such... Read more
