Cannabis Policy | MJ Shareholders

CBD in Europe: EU agency weighs in on joint novel-food applications

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics May 14, 2020 0

EU flags wave in front of the European Commission in Brussels, Belgium. European regulators say they are willing to accept the hemp industry’s joint application efforts to demonstrate CBD safety in foods – but they have some words of caution about what collaborations will be acceptable. The European Food... Read more

Arkansas hemp industry growing despite 94% of farmers losing money in 2019

Arkansas Industrial Hemp News Marijuana Laws, Regulations, & Politics May 14, 2020 0

Agriculture officials in Arkansas are saying most of the state’s hemp farmers lost money last year, but the agriculture department is still seeing increased interest from new farmers and processors for 2020. The Arkansas Department of Agriculture has issued licenses to 152 growers and 39 processors for the 2020... Read more

France’s blanket ban on CBD should go, EU court adviser says

Featured Industrial Hemp News International News Marijuana Laws, Regulations, & Politics May 14, 2020 0

France’s blanket ban on the marketing of all hemp-derived CBD products contradicts EU law on the free movement of goods, an adviser to the Court of Justice of the European Union said in a legal opinion on Thursday. The advocate general’s opinion, if followed by the top EU court,... Read more

Meet The Team: Rachel Kurtz – NCIA’s Deputy Director of Public Policy

Marijuana Laws, Regulations, & Politics May 13, 2020 0

I grew up an Army brat. By 1992, when I was 18 years old, I had lived in Wisconsin, New York, Texas, Oklahoma, Indiana, Alabama, and Germany. I was fortunate my father served during a 23 year period where he would never be sent into a conflict, especially as... Read more

Canada’s NewLeaf Brands names ex-Ebbu director as new chief science officer

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics May 13, 2020 0

A cannabinoid scientist in Colorado is being tapped to develop mushroom products for a CBD company that is exploring the market for psilocybin mushrooms. Canadian CBD business NewLeaf Brands Inc. announced that the former research director of a Colorado hemp company, Ebbu, will be their new chief science officer. The... Read more

Hemp businesses rooting for marijuana banking measure in House’s $3 trillion coronavirus stimulus bill

Industrial Hemp News Marijuana Laws, Regulations, & Politics May 13, 2020 0

Hemp farmers and businesses could get additional banking and financing help if the $3 trillion coronavirus stimulus bill introduced Tuesday by U.S. House Democrats becomes law. The SAFE Banking Act, which passed the House last September but has stalled in the Senate, is included in its entirety in the... Read more

USDA helping producers tap federal assistance

Industrial Hemp News Marijuana Laws, Regulations, & Politics May 13, 2020 0

Hemp grain and food producers interested in tapping federal assistance have a new option for finding out how to apply. The U.S. Department of Agriculture has scheduled a webinar for Thursday at 1 p.m. EDT for producers interested in applying for direct payments through the Coronavirus Food Assistance Program. The program... Read more

Interview: In Texas, the hemp industry’s challenge is slow, sustainable growth

Featured Industrial Hemp News Marijuana Laws, Regulations, & Politics May 13, 2020 0

Farmers in Texas are showing great enthusiasm for producing hemp, with interest in growing flower and biomass for cannabinoid production and fiber to complement their cotton crops. That has Coleman Hemphill, president of the Texas Hemp Industries Association, a little worried. He told Hemp Industry Daily that he is... Read more

California coffee company begins work on Nicaraguan hemp grow facility

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics May 12, 2020 0

A California coffee company says it has broken ground on a project to build a hemp grow and processing facility in Nicaragua as part of an agreement with a cooperative there. Youngevity International of Chula Vista announced the groundbreaking Tuesday, saying two of its U.S. subsidiaries, including one that... Read more

GW Pharma trims loss to $8 million, warns virus could hit sales

Industrial Hemp News International News Marijuana Laws, Regulations, & Politics May 12, 2020 0

CBD maker GW Pharmaceuticals lost $8 million in its latest quarter – an improvement over the previous three-month period – but the United Kingdom-based medical cannabinoid company warned the COVID-19 pandemic could hit sales if fewer patients visit their doctors. Revenue in the quarter ending March 31 reached $120.6 million,... Read more