Committee Blog: Why Company Culture is More Important Than Ever Before
by Shawnee Williams, Illinois Equity StaffingNCIA’s Human Resources Committee Company executives and human resources professionals often talk about company culture as if it were a faraway planet, dreamy to think about and look at, but impossible to grasp. Now more than ever with a global pandemic and civil unrest,... Read more
New Southeast Hemp Association aims to leverage regional cooperation
The North Carolina Industrial Hemp Association has expanded to seven states and rebranded as a regional group. The new Southeast Hemp Association includes some 650 hemp farmers and processors in seven states. The group added members from Georgia, Florida, Maryland, South Carolina, Tennessee and Virginia. Blake Butler, executive director... Read more
Memphis CBD company gets $50K grant from state agribusiness fund
The Tennessee Department of Agriculture has issued a $50,000 grant to a CBD business through a program aimed at supporting agribusinesses that have a positive impact on the state. The award to Rossville-based Hemp2Lab comes from the Agriculture Enterprise Fund, which was created in 2017. Since then, the fund... Read more
Making a better towel with hemp: Q&A with Anact’s Brianna Kilcullen
Brianna Kilcullen found the remedy to mildewy towels in hemp fiber. Turns out, the plant has a molecular structure that reduces the growth of bacteria and smell of mildew in a hemp-based towel, said Kilcullen, founder and CEO of Jacksonville, Florida-based Anact. Kilcullen got the idea to make towels... Read more
CBD e-commerce platform in UK raises $1.5 million for new products, U.S. expansion
Alphagreen, a London-based e-commerce platform focused on CBD, has secured 1.1 million pounds ($1.5 million) of seed funding to help finance the rollout of new products and services and an expansion into the United States. According a statement released last week, participants in the seed round included: Stockholm-based Enexis... Read more
ACTION ALERT: Congress to Vote on Historic MORE Act
The Marijuana Opportunity, Reinvestment, and Expungement Act (H.R. 3884) is expected to come to a vote in the U.S. House of Representatives in December 2020. NCIA has been building support for this bill in Congress for the last year and now we need your help! Please call your member... Read more
Nasdaq completes delisting of Youngevity, a San Diego hemp company
The Nasdaq stock exchange has completed its delisting of California hemp company Youngevity International for failing to file required reports and because its stock has fallen below $1. Youngevity grows and sells commercial coffee in addition to hemp. It also has a third division focused on omnichannel marketing. The delisting... Read more
Wyoming lawmakers reject ban on smokable hemp, CBD products
Wyoming state lawmakers have rejected a bill to ban smokable hemp and products containing CBD. The proposal came at the request of law enforcement who say they have no way of distinguishing between marijuana and hemp when they’re on patrol, the Casper Star-Tribune reported. A state Senate committee defeated... Read more
FDA details challenges, research gaps in regulating cannabis-derived products
Federal food and drug regulators this week highlighted the challenges they’re facing in regulating CBD and other cannabis-derived products, emphasizing the knowledge gaps that still exist due to a continued lack of data regarding the science of CBD and other cannabinoids. Kaveeta Vasisht, director of the FDA’s Office of... Read more
CBD executive backs $100 million blank-check IPO effort
Get in-depth analysis on cannabis investing from MJBizCon’s Passholder Days. It’s all available to you on demand. The co-CEO of North Carolina CBD maker cbdMD Inc. is among those seeking $100 million through an IPO for a blank-check company that will invest in consumer goods. The new blank-check company,... Read more
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