‘The FDA is struggling’: Former US surgeon general Carmona on government’s approach to CBD
The booming CBD industry is eagerly waiting to see if U.S. health regulators change course and start allowing cannabinoid treatments in food and dietary supplements. Many are hoping the U.S. Food and Drug Administration (USDA) will condone over-the-counter CBD products while setting production and purity standards to eliminate inferior... Read more
Charlotte’s Web reports revenues buoyed by distribution deals, hires CFO
Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, on Wednesday reported revenue of $25 million for the second quarter ended in June, up 45% from the same period a year ago. Profit for the quarter was $18.8 million, up 35% from the previous year. Meanwhile, the company also announced that... Read more
FDA exec: Don’t expect an exception for CBD
CBD treatments are promising, but far more research needs to be done before federal authorities can allow them in foods and dietary supplements, according to a leader of the U.S. Food and Drug Administration’s new cannabinoid work group. Talking to the National Industrial Hemp Council, Lowell Schiller warned CBD... Read more
Damaging hailstorm hits Oregon hemp farms, causes potentially millions in losses
This hemp farm was on the edge of the Aug. 9 hailstorm in Central Oregon. All of these plants were 3-5 inches tall and healthy the day before this photo was taken. (Photo by Barrett Dash) Hemp farmers in Central Oregon were faced with a situation no grower wants... Read more
Keeping the Momentum During August Recess
by Madeline Grant and Michelle Rutter, NCIA Government Relations Managers The sun is hot, and the halls of Capitol Hill are empty… it must be August recess, but as your congressional representatives take a break from their busy schedule in D.C., we are still hard at work in the... Read more
Committee Blog: The Employee Onboarding Process
by NCIA’s Human Resources CommitteeKara Bradford of Viridian Staffing, Kerry Arnold of Canndescent, Heidi Quan of Murchison & Cumming LLP, Nichole McIntyre of Urban-Gro, Michelle Whitmore of H2 Talent, and Mark Hackett of Emerge Law Group You’ve found, interviewed, hired the right person for a position in your business,... Read more
New Jersey expands hemp production and CBD use; future for processing uncertain
New Jersey has expanded its hemp law to allow more cultivation and derivatives such as CBD to go in foods and cosmetics. However, state analysts say it’s unclear how big of a player New Jersey will be in the national hemp market. Signed into law Friday by Gov. Phil... Read more
Brownstein Hyatt cites growth of industrial hemp in formation of industry group
With industrial hemp and recreational/medical marijuna becoming what it calls more “mainstream,” law firm and lobbying giant Brownstein Hyatt Farber Schreck said it has created a new industry group to accommodate the maturing markets. The group will be co-chaired by Melissa Kuipers Blake, a shareholder in the Denver-based firm’s... Read more
Chinese tariffs having minimal effects on U.S. hemp industry, experts say
Most American farmers are in full-fledged panic mode following news that companies in China have suspended use of U.S. agricultural products in response to tariffs imposed by the Trump administration on Chinese goods. But the nascent U.S. hemp industry shouldn’t worry, economists and trade experts told Hemp Industry Daily.... Read more
Member Blog: Cannabis Retailers – Help Advance Cannabis Research
by Lisa Conine, Community Outreach Coordinator at Om of Medicine Medical cannabis retailers are in the unique position of having large amounts of data available to them in the form of medical cannabis patients. Four years ago, Om of Medicine partnered with researchers at the University of Michigan to... Read more
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