No Wyoming hemp cultivation in 2019, but THC testing close, governor says
Though Wyoming farmers can’t yet grow hemp, the state says its lab to test the crop for THC is almost ready. Wyoming Gov. Mark Gordon and the state Department of Agriculture sent an update this week to would-be hemp farmers reminding them that production remains illegal until federal agriculture authorities... Read more
Strong CBD drug release powers GW Pharmaceuticals’ record revenue
Strong patient interest in the only federally approved CBD product in the United States helped drugmaker GW Pharmaceuticals record $72 million in revenue last quarter. Epidiolex, a seizure control drug approved by the U.S. Food and Drug Administration, has seen brisk sales and new patient enrollments since the drug’s launch... Read more
Member Blog: New Data Reveals Market Share Changes for Cannabis POS Software Providers
by Ed Keating, Co-founder and Chief Data Officer of Cannabiz Media Point of sale software providers are a critical part of the cannabis economy, and as the industry grows, a shift is happening.  In the first half of 2019, the dominant POS providers of 2018 held onto their positions... Read more
WEBINAR: METRC – How to Stay Ahead & Maximize Efficiency
Everyone has METRC on the mind. Find out how METRC will impact your retail operations, what you’ll need to consider when it comes to compliance reporting, and how to maximize efficiencies to ensure being METRC certified doesn’t cost you precious time better spent running your business. Watch the webinar... Read more
UK soon will sell first commercial export of high-CBD cannabis from Colombia
(This is an abridged version of a story that appears on the Marijuana Business Daily International website.) The first CBD products exported from Colombia to the United Kingdom soon will be available for sale in the U.K. and other European Union countries, Bogota-based Clever Leaves announced. The health-related products, which were exported as a... Read more
VIDEO: Member Spotlight – ArborSide Compassion
Based in Ann Arbor, Michigan, ArborSide Compassion is a medical marijuana dispensary that has been operating since September 2011. Founder and CEO Rhory Gould has been a cannabis activist for over 35 years. The staff at ArborSide services over 1,200 patients per week and has won over 22 HIGH... Read more
US hempseed supply to be stored in New York repository
Work has begun on creating the nation’s only hempseed bank in New York’s Finger Lakes region. The Industrial Hemp Germplasm Repository will be established at Cornell University’s agricultural research facility in Geneva. U.S. Senate Minority Leader Chuck Schumer of New York announced the launch of the new facility, saying... Read more
Five not-so-obvious strategies for CBD producers to tap the multibillion-dollar spa market
The market for hemp-infused topicals has never been hotter, with big-box retailers ranging from CVS to Sephora adding CBD creams and balms – despite pushback from U.S. health authorities. Even as the national market for topicals booms, though, opportunities abound for boutique CBD manufacturers in the U.S. spa industry, where... Read more
Hemp for animal feed: Economic potential waits out legal maneuvering
Given hemp’s new legal status, many farmers and livestock producers want to explore cannabis for animal feed and the research that suggests its nutritional and developmental benefits. But they’re facing market and legal uncertainties that are familiar to those making hemp products for people. A 2017 Colorado study cited... Read more
Alaska governor cuts funding for hemp program, cites no existing industry
After developing proposed rules in June for its 2019 hemp production regulations, Alaska officials have determined a state industrial hemp program may not be worth funding. Republican Gov. Mike Dunleavy cut $375,000 from the state budget for the Alaska’s industrial hemp program, saying there is “no existing industry to... Read more
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