by Gary Paulin, Lightning Labels Budding cannabis companies: Pay attention to labels from the get-go Cannabis companies starting up in states where recreational and medicinal marijuana are just being legalized need to pay close attention to their label branding from the get-go. Too often, this critical part of a... Read more
San Francisco-based tech company Eaze launched a new online marketplace, Eaze Wellness, to ship hemp-derived CBD products to 41 states across the U.S. and the District of Columbia. CBD sales more than doubled among the company’s customers last year, Sheena Shiravi, Eaze’s director of consumer communications, told Fortune, highlighting a key... Read more
(Photo courtesy of Colorado Department of Agriculture) Colorado’s recent vote to move part of the hemp definition out of the state constitution has some entrepreneurs cheering, while others warn it could lead to federal meddling in the nation’s largest hemp market. Amendment X left the overall definition of hemp... Read more
Massachusetts-based MariMed, a multistate cannabis operator, is entering the hemp-derived CBD business with a $30 million investment in a Kentucky company. The company, GenCanna, has contract farmers to grow hemp to its specifications as well as processing facilities to make CBD extracts, concentrates, isolates and other products. GenCanna plans... Read more
A regulatory change in New Zealand has opened the doors to hemp as food in the island nation. “Hemp seeds are safe to eat and nutritious,” Bryan Wilson, head of New Zealand Food Safety, said in the announcement about the changes that now allow the sale of hempseed foods. The... Read more
Hemp expansion in the next Farm Bill is a “guarantee,” according to the U.S. Senate’s majority leader. Republican Sen. Mitch McConnell said he’s not sure when Congress will finalize a Farm Bill to get to the president’s desk, but he’s certain hemp will be part of that compromise. “It... Read more
by Michelle Rutter, NCIA Government Relations Manager Last night, Americans all over the country let their voices be heard at the ballot box. Voters in Michigan cast their votes for the legalization of adult-use cannabis, increasing momentum of our movement. At the same time, voters in Missouri and Utah... Read more
Yesterday, Attorney General Jeff Sessions submitted his resignation to President Trump, at the President’s request. His resignation marks the end of an era at the Justice Department under one of the most notable cannabis opponents Washington has ever seen. During a hearing in 2016, then-Senator Sessions firmly stated that... Read more
By Maureen Ryan, RoseRyan The finance function is an essential piece of a cannabis company’s ability to succeed. All too often overlooked by younger companies, it’s what’s needed to get a business through the survival stage and can really hold a company back if it’s not set up correctly.... Read more
by Charlie Christopher, VP, Finance, CirrataNCIA’s Finance and Insurance Committee “A prudent man must seek to satisfy himself about the means to an end. This demands that he must revisit, again and again, the very elemental principles of his craft independent of how others think and act.” – Tony... Read more
