Hemp Industry Daily is making its June conference virtual, opening access to more industry operators to hear market insights and learn about new products. The Hemp Industry Daily Conference Direct takes place June 29 to July 1. The event will be hosted on an interactive and immersive online platform... Read more
(A version of this story first appeared on Marijuana Business Daily International.) Brazil’s health authorities have authorized a THC-free oral CBD product, an important milestone for the cannabis industry in Latin America’s largest economy. The oral solution registered to Brazilian pharmaceutical giant Prati-Donaduzzi is the first medical cannabis product authorized for sale in... Read more
by Henry Wykowski, Wykowski Law As the fallout from COVID-19 ripples through the economy, cannabis businesses are once again faced with a plethora of conflicting information and uncertainty. As counsel to the NCIA and in service to its membership, Wykowski Law has put together a guide to the most... Read more
Farmers and hemp businesses could soon be able to apply for loans with a second round of federal funding aimed at keeping small businesses afloat through the coronavirus disruption. The U.S. Senate voted Tuesday to pass a $484 billion economic stimulus package after a deal was struck between Congress... Read more
Farmers in Iceland will be allowed to import industrial hempseeds for the first time this year after the health minister gave regulators the power to grant exceptions to the Nordic island’s total ban on cannabis and cannabis products. Health Minister Svandís Svavarsdóttir brought forth an amendment that authorizes the... Read more
A reshuffling at the Hemp Industries Association has Colorado hemp activist Rick Trojan as the group’s new president. The business advocacy organization also named Mike Lewis, a hemp farmer and educator in Lexington, Kentucky, as the group’s new vice president. Trojan replaces former president Joy Beckerman, who left the... Read more
CBD retailers aren’t essential businesses that can stay open despite closure orders in Texas. That’s the ruling from the Texas Department of Emergency Management, the agency that arbitrates which businesses are subject to the state’s stay-at-home order. CBD retailers were among the 3,000 or so businesses asking, to stay open, the... Read more
Even before the coronavirus pandemic, CBD and herbal product manufacturers were getting in trouble with the U.S. Food and Drug Administration for making unsubstantiated claims about their products. But the coronavirus has ushered in more dubious claims – and more warning letters from the FDA directing companies to immediately... Read more
Another Kentucky hemp company is filing for federal bankrupticy protection, this time Elemental Pricessing in Lexington. The toll processor noted debts of some $56.7 million in its Chapter 11 filing on Monday. The debts include $100,000 in unpaid rent for its Lexington facility. Elemental Processing listed assets between $1... Read more
Consumers are buying more CBD in response to the coronavirus pandemic. How should your company adjust to meet demand? The clock is ticking to register for Hemp Industry Daily’s live webcast, “COVID-19’s Consumer Insights: How the New Normal Should Change Your Sales Strategy,” scheduled for 1 p.m. ET/ 10... Read more
