Small-business coronavirus aid programs are out of money, SBA reports
Less than three weeks after the U.S. passed a $2.2 trillion stimulus bill to help individuals and businesses through the economic disruption caused by the coronavirus pandemic, the government has reportedly run out of funds for small businesses. The Coronavirus Aid, Relief and Economic Security (CARES) Act included $349... Read more
Member Blog: How To Avoid The Coronavirus Blues
by Kary Radestock, Hippo Premium Packaging Here we are in the middle of what feels like the “End-of-the-World-COVID-19-Lockdown” and it has most likely affected every single human being on the planet. None of us are left without worry. On Monday morning, I woke up with a deep sense of... Read more
$4 million award to El Salvador CBD business upheld in dispute with Florida company
A U.S. appeals court has upheld a $4 million judgment in favor of an El-Salvador based CBD oil supplier that accused its Florida distributors of breach of contract. The decision Tuesday from the 11th Circuit Court of Appeals affirmed a decision from an arbitration panel the ruled in favor of... Read more
Iowa manufacturer, Brazilian firm team up to deliver CBD products
An Iowa ingredients manufacturer has partnered with Brazilian medical cannabis company to launch several hemp-derived medical cannabis products under the brand name CBD CALM in Brazil. Kemin Industries of Des Moines will act as the lead consultant for medical marijuana producer MedPharm Iowa, struck a deal in March with Brazilian distributor... Read more
Chart: Hemp salaries outgunning those for careers in mainstream agriculture
(This is the third part of a weeklong series from Hemp Industry Daily examining hemp industry salaries, hiring and recruiting trends. Using exclusive data compiled by the data team at Hemp Industry Daily, we’re examining the latest hiring and compensation trends. Part One looked at how hemp salaries have changed since federal legalization. Part Two... Read more
COVID-19 Cannabis Coalition In Action: Securing Financial Relief
By Michelle Rutter Friberg, NCIA’s Deputy Director of Government Relations In the age of COVID19, advocacy, activism, and lobbying have had to adapt and mobilize quickly, as have all professions during this difficult time. Last week, NCIA along with a group of coalition members teamed up to write and... Read more
Action Alert: Tell Congress To Include Cannabis In The Next COVID-19 Relief Bill!
While we all continue to do our jobs to flatten the curve in the age of COVID-19, our lobbying team in D.C. has been hard at work on your behalf. We have been working every angle and are exploring any and all opportunities to provide relief for our industry.... Read more
Trade coalition asks SBA to include hemp farmers in coronavirus stimulus loan package
A coalition of hemp trade associations wants assurance that farmers – and particularly hemp farmers – will be eligible for key assistance programs under to help with business disruption caused by the coronavirus pandemic. Eight hemp organizations sent a joint letter to Small Business Administration Administrator Jovita Carranza on behalf... Read more
Chart: Hemp salaries far outpace tobacco industry salaries
(This is the second part of a weeklong series from Hemp Industry Daily examining hemp industry salaries, hiring and recruiting trends. Using exclusive data compiled by the data team at Hemp Industry Daily, we’re examining the latest hiring and compensation trends. Part One looked at how hemp salaries have changed since... Read more
Convenience stores adding CBD inventory despite pandemic
Convenience stores added CBD products to their inventories last month even as the coronavirus pandemic depressed sales, retailing analysts say. Convenience chains Circle K and Yesway added CBD products to shelves in March, according to CSP Daily News, which covers convenience store business. Circle K, a division of Laval, Quebec-based... Read more
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