A coastal Texas smoke-shop owner facing criminal marijuana charges after a police raid Tuesday says the cannabis flower, vapes, gummies and other products taken were legal hemp, not illegal marijuana. Faded Smoke Shop owner Alexandra Degollado faces charges of manufacture or delivery of a controlled substance, the Victoria Advocate... Read more
This story first appeared at Marijuana Business Daily. Cultivation facility design and engineering firm Urban-Gro priced an initial public offering on the Nasdaq exchange to raise $54 million before expenses. The IPO put up 5.4 million shares of the Lafayette, Colorado-based company at a price of $10 per share.... Read more
NCIA Committee Insights | 2.10.21 | New States Licensing Framework and Insurance Requirements | Education NCIA is leading the cannabis industry’s unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now – more than ever – is... Read more
Hemp genetics companies have been actively pursuing patents to protect their intellectual property after years of work to develop novel genetics. But despite intellectual property protection that became available after the U.S. legalized hemp production in 2018, some companies are still opting for more expensive and more comprehensive plant... Read more
Prosecutors have dismissed charges against a Minnesota hemp farmer whose plants had elevated THC levels, saying that they had trouble locating witnesses because of delays in the case. Fillmore County prosecutors filed felony possession charges against Luis Hummel in March 2019 after seizing his plants. They tested at 3% THC,... Read more
A California hemp seed company was closed by the state labor board following complaints that the company hadn’t paid more than a dozen full-time workers since mid-December. The California Labor Commissioner’s Office shut down Castillo Seed Company, based in Half Moon Bay, in late January. The company had sent... Read more
Dionne Toombs Researchers at the U.S. Department of Agriculture say they’re studying ways to boost hemp production and profitability for growers, and are collecting the first national statistics on domestic hemp production to be ready by next year. But Dionne Toombs, director for USDA’s Office of the Chief Scientist,... Read more
A land-development company that includes an Arizona CBD firm battling investor fraud claims has filed for federal bankruptcy protection. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG,... Read more
by Madeline Grant, NCIA’s Government Relations Manager There is momentum brewing in Congress as we enter the 117th session. With Democrats controlling the House of Representatives, Senate, and White House, we certainly feel a hopeful shift in Washington that is exciting for the cannabis community. Last Congress, we saw... Read more
3M’s Don Davidson uses everyday sticky notes to demostrate how hemp could become part of tomorrow’s adhesives (photo via National Hemp Symposium) Industrial conglomerate 3M Co. thinks hemp can be part of the sustainability “megatrend” and is looking at hemp components to do everything from strengthening packaging tape to... Read more
