Massachusetts clears path for hemp-derived CBD ingestibles in MJ retail
Massachusetts’ governor has agreed to allow marijuana dispensaries to sell hemp and hemp-derived products grown and manufactured in the state. The change makes Massachusetts the latest to open up marijuana dispensaries to hemp operators and gives Massachusetts’ 79 farmers and 19 hemp processors their first route to selling CBD... Read more
Abaca Announces Merchant Services for Hemp and CBD Businesses
NORTH LITTLE ROCK, Arkansas (December 11, 2020) – Since he founded his business, RyanCroy, co-founder of Honcho & Hoss, CBD for the Everyman, has gone through three credit cardprocessors – not by his choice. “One pulled the plug on me over the weekend. One said they’d process but bailed... Read more
Committee Blog: Recruiting Best Practices for Hiring Leaders to Your Cannabis Business 
By Bryan Passman, Hunter + EsquireMember of NCIA’s Human Resources Committee Most cannabis businesses are still figuring out how best to recruit key leaders to their organizations who can survive the tests of the cannabis industry. The ability to effectively hire key leaders who will “stick” with your cannabis... Read more
Mexico hits snooze on hemp legalization until next spring
The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate to legalize industrial hemp and adult-use marijuana. Congress can now legislate on this matter until the end of the next ordinary session period, which starts in February 2021 and ends in April.... Read more
In nascent CBD coffee market, first-time exposure is ‘make-or-break,’ Nielsen says
With consumer interest in hemp-derived CBD showing no signs of waning, a growing number of companies are looking to one particular consumer product good as a conduit for cannabidiol: coffee. Around 70% of the U.S. adult population consumes coffee in some form, and 14% of regular ground coffee drinkers... Read more
Video: NCIA Today – Special Episode with NCIA’s Michael Correia On The Historic MORE Act House Vote
Video: NCIA Today – Special Episode with NCIA’s Michael Correia On The Historic MORE Act House Vote | Advocacy / Community / Education Join NCIA Deputy Director of Communications Bethany Moore and our Government Relations Director Mike Correia for a quick discussion about last week’s historic passage of the... Read more
Canada’s Canopy Growth loans $20 million to hemp-CBD subsidiary of TerrAscend
Arise Bioscience, a Florida-based hemp-derived CBD subsidiary of TerrAscend Corp., has received a $20 million loan from Canada’s Canopy Growth. In exchange for the loan, TerrAscend, which makes prescription cannabinoids and is headquartered in Mississauga, Ontario, has issued 2,105,718 common share purchase warrants to Canopy Growth, according to a... Read more
Brazil postpones evaluation of CBD formulation for medical coverage
A version of this story originally appeared at Marijuana Business Daily International. A government evaluation to include a CBD product in Brazil’s Public Health System has been postponed. Brazil’s National Committee for Health Technology Incorporation had been scheduled to take up the question of covering the oral CBD product... Read more
Smokable hemp regulations likely won’t come before FDA’s broader CBD rules, attorneys say
Catch up on all the hemp analysis from the Hemp Industry Daily Forum at MJBizCon2020 here. Hemp flower growers and smokable hemp manufacturers impacted by state laws that have banned or restricted smokable hemp flower production and sales are worried that federal regulators could echo state-level restrictions on a... Read more
Tom Vilsack to be nominated as US agriculture secretary
President-elect Joe Biden will nominate a familiar hemp overseer, Tom Vilsack, for U.S. Secretary of Agriculture. Vilsack served in the same role for all eight years of the Obama administration and oversaw the USDA during passage and implementation of the 2014 Farm Bill, which allowed states to experiment with... Read more
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