The American Trade Association for Cannabis and Hemp, an industry trade and advocacy organization, has formed a new Cannabis Beverage Council to connect cannabis industry and beverage industry leaders focused on expanding the cannabis beverage segment. Hemp-derived CBD beverages will be a growing segment among consumers, accounting for up... Read more
Hemp advocates say the plant’s carbon-gobbling properties position the crop to play an important role in plans outlined by President Joe Biden to tackle the climate crisis. Biden created the White House Office of Domestic Climate Policy Wednesday and signed a series of executive orders aimed at tackling the... Read more
Hemp businesses walk a fine line when describing the health benefits of their products: Make a claim without evidence or wording that misleads consumers, and soon the legal fees will pile up. The U.S. Food and Drug Administration has guidelines for acceptable claims to make on labels for dietary... Read more
NCIA, the country’s largest cannabis trade association and industry advocacy organization, will be seating its newly-appointed Board of Directors today. The organization’s Nominating Committee brought on four new board members. – Seun Adedeji is the CEO of multi-state cannabis retailer Elev8 Cannabis with operations in Massachusetts and Oregon, and... Read more
The hemp industry may be young, but the niche crop still contributed at least $4 billion to the U.S. economy last year and could contribute nearly $16 billion by 2025. That’s the projection from the new 2021 Hemp & CBD Factbook, an exclusive overview of the hemp market that... Read more
A cosmetics executive has been tapped to take over California CBD manufacturer Papa & Barkley. Evelyn Wang replaces Adam Grossman as CEO. Grossman will lead the company’s board of directors. Wang comes from Milani Cosmetics. She was formerly an assistant vice president for L’Oreal Paris and, before that, was... Read more
(Updates throughout with FDA response.) U.S. drug regulators have withdrawn their proposal to regulate over-the-counter CBD, handing the industry another setback after years of delay from the Food and Drug Administration. The proposal in question was withdrawn because of the changing administration. The delay was widely anticipated but still... Read more
Jon Iverson, a 34-year-old grower whose family farm grows industrial hemp and other crops, has been elected to serve as chair of the American Farm Bureau’s Young Farmers & Ranchers Committee. The third-generation farmer and graduate of Oregon State will act as spokesman for the YF&R program and will... Read more
Hemp-derived CBD energy drinks manufactured by the UK brand Trip have been stocked in Queen Elizabeth II’s Windsor Farm Shop, UK tabloid The Sun reported. According to an unnamed source in the report, the drinks have been popular with patrons of the shop, which was founded in 2001 after... Read more
If the CBD market is any indication of how other sectors will be affected by the United Kingdom’s divorce from the European Union, buckle your seatbelts. Supply-chain slowdowns and lockdowns due to the Covid-19 pandemic have already made doing business in the UK a challenge. Under the latest Brexit... Read more
