Arizona hemp breeder buying 2 greenhouses

An Arizona hemp company selling feminized hempseeds and clones says it is buying two greenhouses to increase production. HempWave says the new greenhouses – in Phoenix and Willcox, Arizona – total 210,000 square feet. The company says the additional greenhouse space will allow it to produce more than 500,000... Read more
Canadian hemp growers, health food makers fighting CBD limits

Canada is wrongly treating hemp extracts like marijuana, limiting opportunities for farmers and creating a black market for CBD, according to a trade group that wants the nation’s health authorities to reclassify hemp-derived CBD. The Canadian Hemp Trade Alliance (CHTA), along with the Canadian Health Food Association, wrote to... Read more
Texas Senate unanimously approves industrial hemp, CBD legislation

The push to legalize hemp and CBD products in Texas cleared another legislative hurdle with the state Senate’s unanimous approval of a bill to allow production and sales. The proposed Texas hemp bill, which also passed unanimously in the state House last month, would not only legalize CBD in... Read more
Ohio hemp company hit with federal labor lawsuit

North Coast Natural Solutions, a Cleveland hemp manufacturing facility that hasn’t yet opened, is being sued by two employees who claim they haven’t been paid for more than a month of training. Ty Williams, CEO of Level 5 Global Corp., a Maryland-based business consulting firm, announced last fall that the company... Read more
‘Distinct products, distinct plants – that’s the only way’: Part 2 of a Q&A with CV Sciences exec Doug Mackay

As the hemp industry anticipates the U.S. Food and Drug Administration’s (FDA) first public hearing to start the process of regulating hemp extracts such as CBD in food, beverages and cosmetics, among others, a former dietary supplement executive now working with San Diego-based CBD manufacturer CV Sciences offers insight... Read more
Charlotte’s Web closes CA$140 million share offering

Charlotte’s Web, a Colorado-based CBD manufacturer, said it has raised 140 million Canadian dollars ($105 million) in a share offering. The move, in which existing shareholders sold some of their shares, was part of the company’s plans to raise up to CA$500 million. The overall raise will likely be... Read more
Multistate producer Hemptown ready to scale hemp production, processing sites with $23 million capital raise

Hemptown USA, a multistate hemp producer and CBD company, completed a $23 million round of financing last week, allowing it to move forward with ambitious expansion plans in Colorado, Kentucky, Northern California and Oregon. The company will use the raise to purchase $5.5 million worth of Oregon CBD seeds.... Read more
Top Ten Female Industry Leaders to Meet at #CannaBizSummit

The cannabis community has seen an influx of female entrepreneurs and leaders laying the groundwork for the future. Whether they’re advocating for reasonable legislation, engineering extraction techniques, or hacking the crazy world of cannabis marketing, the cannabis industry continues to boast a higher percentage of female leadership than the... Read more
‘Be at the table, or you’re on the plate’: Part 1 of a Q&A with CV Sciences exec Doug Mackay

For a CBD company looking to see its products sold alongside traditional supplements and functional foods, what better place to look than a longtime executive from the natural-products world? In late March, San Diego-based CBD manufacturer CV Sciences brought on Douglas Mackay, a naturopathic doctor and former senior vice... Read more
Iowa governor signs law allowing hemp cultivation in 2020

Iowa farmers will have the option of growing industrial hemp next year under a law signed by Gov. Kim Reynolds on Monday. The Iowa Hemp Act passed the Legislature last month with overwhelming support. The law allows licensed growers to cultivate the crop on up to 40 acres. But... Read more

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