Overheard at HIDC: Lawyers can bite even if FDA doesn’t
CBD manufacturers in the U.S. have more to worry about than confusing regulations about how the extract can be legally made and sold. They’ve also got to keep an eye on the court dockets. That’s because plaintiffs’ attorneys are stepping in to challenge CBD companies in an absence of... Read more
Overheard at HIDC: Hemp sales jobs are hot, while cultivation sector getting crowded
The listing economy has job-seekers flooding into the marijuana and hemp sectors looking for work. Savvy operators already in the industry are shifting roles to stay employed and get an edge on the competition. The smartest pivot right now? Moving from cultivation to a sales role, according to industry... Read more
How hemp, cannabis growers use technology, automation to cut costs amid pandemic
(A version of this story originally appeared on Marijuana Business Daily.) Hemp and cannabis cultivators are turning to technology and automation to help achieve efficiencies, cut costs and keep workers safe during the coronavirus pandemic and the current economic downturn. Growers report technology and automation solutions include: Automated irrigation,... Read more
Atlanta hemp company taps industry insider to test, validate CBD line
The president of the Cannabinoid Industry Association is joining an Atlanta-based hemp company, Verde Leaf, to lead testing and product development for a new subsidiary making CBD products. Priscilla Agoncillo will be board chairwoman and president of Medadex Pharma, a new subsidiary of the privately-held hemp grower and processor.... Read more
Meet The Team: Rob Kellogg – NCIA’s Chief Operations Officer
My journey into the cannabis industry did not follow the typical route and actually did not begin long ago. In February, just over five months ago, I was hired to be the COO at NCIA. Other than this whole COVID-19 thing, I’m really enjoying working with the talented and... Read more
New Australian law looks to boost hemp exports after COVID-19 threat passes
A version of this story appeared earlier on Marijuana Business Daily International. Australia has amended its narcotics law to put hemp exporters in a position to “come out firing” after the COVID-19 crisis eases, the country’s agriculture minister said. The change aims to facilitate trade and growth of export... Read more
Slideshow: Honoring the top canines in cannabis on National Take Your Dog to Work Day
Meet the top dogs at Heroes of the Farm! Mr. Tony Chubbs Job Title: CEO, Boss, Farm Regulator, and Farm Mascot Job Responsibilities: Day-to-day activities include overseeing all farm staff, barking at every car that enters the property, running the show, and being an overall bada**. Mad Maxine Job... Read more
Credit unions get new guidance on working with hemp businesses
Officials from the National Credit Union Administration have outlined additional information on serving legal hemp businesses. A letter issued this week points out that hemp-related businesses have also been affected by the COVID-19 pandemic and that it is “important that credit unions stay current with the federal, state and... Read more
NY hemp company lands $100 million in acquisition restructuring plan
Multistate marijuana operator Acreage Holdings is getting $100 million to shore up a hemp-focused subsidiary, part of a restructuring announced Thursday with Canadian marijiana giant Canopy Growth Corp. Canopy announced plans to acquire Acreage last year. The restructuring includes a loan from Canopy so that Acreage’s hemp subsidiary, called... Read more
Canadian and Spanish hemp companies team up to distribute CBG in Canada
A Canadian biotechnology hemp company is entering an agreement with a Spanish company to produce and distribute a THC-free, high -CBG variety of the plant in Canada. Ottawa-based Cannabis Orchards’ partnership with Hemp Trading to get the hemp variety, called Panakeia, into the Canadian market comes after “successful distribution”... Read more
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