Looking Back On #10YearsOfNCIA: 2018-2019
Photo By CannabisCamera.com by Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations Over the last several weeks, I’ve been taking a retrospective look at the progress NCIA has made in the ten years since its inception. This is our last installment, detailing 2018-2019, and brings us up to... Read more
Member Blog: GMPs – A Way Ahead for Hemp and CBD Firms
by Charlotte Peyton, Independent Consultant, EAS Consulting Group The hemp industry is the marijuana industry’s half-sister. Both are variations of the plant cannabis sativa and both were made illegal in 1937 with the passing of The Marijuana Tax Act. Flash forward to the Agriculture Improvement Act of 2018 (known... Read more
BevCanna acquires online natural-products retailer for $4.6 million
BevCanna, a white-label CBD drinks maker in Vancouver, British Columbia, has acquired an online company in an all-stock deal worth $4.6 million (CA$6 million). The purchase of Naturally Pure Therapy Products Corp. brings the drinks maker access to new customers in the U.S., BevCanna said in a company statement.... Read more
Hemp industry worries DEA rule puts extractors at risk, but path forward unclear
U.S. hemp producers are alarmed about a Drug Enforcement Administration rule that they argue would make extracts a Schedule 1 controlled substance during a portion of the extraction process when the plant’s THC levels spike above what’s allowed. The rule released last month has the industry reeling and wondering... Read more
Aurora taps hemp veteran as new CEO, signals revenue decline and massive write-downs
(A version of this story first appeared on Marijuana Business Daily.) Aurora Cannabis has promoted Miguel Martin to CEO, while warning investors to expect declining quarterly revenue and write-downs of up to 1.8 billion Canadian dollars ($1.37 billion) when it reports fourth quarter results in two weeks. Martin, former... Read more
Eleven hemp groups lay out argument for crop’s exemption from U.N. narcotics conventions
Eleven hemp groups from around the world have published a position paper to reiterate their stance that cannabis grown for industrial purposes does not fall under the scope of the U.N. narcotics conventions. The paper  argues that the cultivation of hemp for industrial purposes does not fall under the... Read more
USDA extends comment period on hemp rules
U.S. agriculture regulators are giving farmers more time to share criticism about the looming national framework for how the crop can be grown. The extension comes as states and industry associations are pressuring the U.S. Department of Agriculture to delay implementation of its new rules, set to take effect... Read more
Ohio agriculture officials issue warning to CBD company making unlicensed products
An Ohio CBD company has been cited with a public health warning for making products without a state license. The Ohio Department of Agriculture issued the warning to Limitless CBD LLC, which has a processing facility in Avon and offices in Cleveland. The department has not received reports of... Read more
CBD makers share how to use packaging to fight fakes
Custom seals can include holograms, QR codes and scratch-off verification codes unique to the product. Photo Courtesy of CannVerify (This is an abridged version of a story that appears in the August issue of Marijuana Business Magazine.) Chinese manufacturers have been knocking off high-end products for years. Now they’ve... Read more
Feds approve Maine’s hemp cultivation program
Federal officials have approved Maine‘s hemp cultivation program to align with the proposed U.S. Department of Agriculture’s rules, which take effect Nov. 1 The approval Wednesday means the state’s Department of Agriculture, Conservation and Forestry will have primary responsibility for oversight over hemp cultivation, under the U.S. Department of... Read more
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