CBD giant Charlotte’s Web positions to enter THC market
Hemp-derived CBD giant Charlotte’s Web Holdings is positioning itself to enter THC and marijuana markets. The Boulder, Colorado, company says it has signed a five-year, $8 million purchase agreement option with a marijuana company started by its founders, Stanley Brothers USA Holdings Inc. The deal allows Charlotte’s Web to... Read more
Solar-powered car made with hemp components to begin production by year’s end
Solar-powered vehicles built from hemp are being reserved from an automaker in San Diego, which expects to go into production by the end of 2021. Aptera Motors, a startup, high-efficiency vehicle manufacturer, has developed a three-wheeled vehicle that can transport two people, and uses a solar array that can... Read more
Sleep and stress worries create opportunities for CBD and marijuana brands
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Jackie Berg is co-founder of CBD Marketing Hub, a digital-to-door agency focused on CBD and cannabis marketing.) Sleep is valued commodity and something many Americans are increasingly bereft of. Many... Read more
Canadian biotech firm forms JV with Australis Capital to expand capabilities in U.S.
An expanding tissue-culture laboratory with locations in Washington and Canada has entered into a joint venture with Australis Capital, a U.S. spinoff of Canadian marijuana producer Aurora Cannabis. 3 Rivers Biotech Inc., an agricultural technology company that specializes in commercial-scale micropropagation for marijuana, hemp and traditional crops including vegetables... Read more
Chart: Despite buzz around delta-8 THC, cannabinoid cultivation dominated by CBD, CBG
The entire cannabis industry is buzzing about delta-8 THC and other cannabinoids found rarely in the plant but gaining favor among growers and consumers. Indeed, there has been a noticeable shift toward so-called novel cannabinoids among hemp producers surveyed by Hemp Industry Daily. But CBD still rules the roost.... Read more
Alberta fiber processor resumes expansion after COVID delay
Canadian Rockies Hemp Corp., a decorticator and processor near Edmonton, Alberta, says its expansion plans to become the largest hemp processing facility in North America are back on track after a $14 million (CAD$18 million) infusion from Merida Capital Holdings, a private equity cannabis investment fund. The loan will... Read more
USDA wants new hemp production data from farmers
Federal agriculture officials plan to collect hemp acreage and production data from thousands of U.S. farmers in the coming months. The U.S. Department of Agriculture published a notice in the Federal Register late last month, requesting permission to gather data about hemp production from the White House. Though the... Read more
Momentum Across The Nation – New Mexico, Virginia, and the District of Columbia
By Madeline Grant, NCIA’s Government Relations Manager We may be barely three months into 2021, but we’ve seen a lot of action in state legislatures already! This week, let’s take a look at three significant state victories in their respective state legislatures: Virginia, New Mexico, and the District of... Read more
By NCIA’s Marketing and Advertising Committee When the legal cannabis industry began making waves in the late ’90s, there was still a major stigma against cannabis users. Although the federal status of the plant has yet to change, a Pew Research survey shows that around nine-in-ten Americans favor legalization... Read more
Minor cannabinoids are a ‘new frontier’ in wellness: Q&A with Jonathan Vaught, CEO of Front Range Biosciences
Minor cannabinoids have been gathering interest among growers and extractors over the past year, with research on CBG, CBN, CBC and THC-V showing unique health benefits for consumers. But are consumers even aware of these molecules and is there demand in the marketplace? And are there genetics available that... Read more
( ) ( ) ( ) ( ) ( ) ( ) ( ) ( )