Collective Growth Corp. delays IPO due to uncertain stock markets during coronavirus outbreak
The initial public offering for “blank check” company Collective Growth Corp. continues to be delayed on the Nasdaq because of the volatile stock market and uncertainty caused by the global coronavirus outbreak. The newly organized company, led by former Canopy Growth Corp. executives Bruce Linton, Tim Saunders and Geoff... Read more
Two Canadian plant companies form JV to supply 12 million hemp clones from tissue culture
Hemp growers will have more young plant options to choose from as a result of a new joint venture between Vancouver-based plant company 3 Rivers Biotech and JRT Nurseries, a plant grower with locations in Aldergrove, British Columbia, and Lynden, Washington. The two companies will work together to produce... Read more
Alaska’s hemp industry set to go live through online-only registrations
Farmers, processors and retailers in Alaska can start applying for hemp registrations Monday after the industry officially launches on April 4. Due to the coronavirus outbreak, all registrations must be submitted electronically through the Alaska Division of Agriculture’s website. Agriculture officials in Alaska used a social media broadcast to... Read more
Trans-Atlantic hemp trade hit by uncertainties
Supply-chain disruptions and delivery delays have become the new normal for hemp and other agricultural commodities as governments keep their borders shut and planes grounded to contain the spread of the coronavirus. Pandemic-related flight restrictions, delays and increased fees have made the complicated business of moving hemp biomass and... Read more
Update On the Prospects of Federal Relief for the Cannabis Industry
by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations The last few weeks have been difficult for everyone, and most people are justifiably concerned about what the future holds for their health, safety, and livelihoods. This is certainly the case in the cannabis industry, so we wanted to... Read more
South Carolina, West Virginia receive USDA approval for hemp production plans while Indiana extends pilot
Two Southern states have received federal approval for their hemp production plans under the U.S. Department of Agriculture’s interim final rule for the 2020 season, while a Midwestern state has chosen to extend its 2014 pilot program. The USDA approved plans for South Carolina and West Virginia, bringing the... Read more
Is CBD retail ‘essential’? Shuttered hemp retailers fight to stay open alongside grocery, marijuana stores
A CBD retailer in Denver has closed its doors, a sign telling customers that it is unable to operate during the coronavirus pandemic. (Photo by Kristen Nichols) Hemp production has been classified as “essential” by the federal government during the coronavirus pandemic. But the classification doesn’t extend to retailers... Read more
Wisconsin hemp seed seller sues Canadian producer over distribution dispute
A Wisconsin hemp seed seller is in a contract dispute with a Canadian seed producer over where and for how long it can sell a grain cultivar. Legacy Hemp of Hastings, Minnesota, says that Terramax Holdings Corp. is trying to renege on the length of time Legacy Hemp has the... Read more
Webinar: Communications Strategy During Times of Crisis and COVID-19
With the cannabis industry customer acquisition and service models disrupted by the pandemic it’s critical to understand that what you do today will affect your business now and have a large impact on your future. Adjusting communications to focus on brand and strengthening bonds with existing customers will help... Read more
Florida judge: FDA’s CBD review shouldn’t stop labeling claims
Ongoing CBD review by the U.S. Food and Drug Administration shouldn’t mean that CBD makers can’t face labeling lawsuits, a federal judge in Florida ruled. The ruling means that Diamond CBD of Fort Lauderdale cannot await FDA guidelines before facing a 2019 allegation that it misrepresented the amount of CBD... Read more

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