Member Blog: Protecting Your Cannabis Dispensary During The Coronavirus Outbreak
by Johnathan McFarlane, Director of Strategy at Hybrid Marketing Co Amidst the coronavirus outbreak, cannabis dispensaries across the U.S. are posting record sales numbers. Many people are stocking up on what they consider to be the essentials. While we are always excited when our clients see increased sales, we... Read more
Iowa hemp production plan approved by USDA
Farmers in Iowa cheered Friday when the state agriculture department announced its hemp production plan has been approved by the U.S. Department of Agriculture (USDA) and license applications will be accepted starting April 1. Iowa is one of 12 states and 14 American Indian tribes that have received USDA... Read more
FDA updates reporting requirements for product adverse effects
The U.S. Food and Drug Administration has updated its guidance for reporting adverse effects of various products, including dietary supplements, during the coronavirus pandemic. The FDA does not consider CBD a dietary supplement. But many CBD manufacturers do and follow FDA guidance on making and selling dietary supplements. The... Read more
Green Growth Brands says laid-off workers will be paid while sale of CBD business continues
Cannabis retail giant Green Growth Brands, which abruptly laid off 870 workers last week and told them that plans to sell part of the business could be delayed “until the world begins to resume normalcy,” is trying to reassure investors and former employees that its transition plans are intact.... Read more
Coronavirus uncertainty prompts hemp farmers to lock down seeds, but some see turbulence ahead
Farmers had been holding off on buying hempseed and young plants this spring. But as the global coronavirus outbreak continues to ravage the U.S. economy and municipalities and states have begun to mandate shelter-in-place orders, producers have been reaching out to confirm their orders and are eager to get... Read more
Hemp Industry Daily Conference, 2 other cannabis trade events delayed or canceled
Marijuana Business Daily has decided to postpone or cancel three upcoming cannabis industry trade events scheduled for the United States and overseas because of the coronavirus pandemic. Here are the details: MJBizDaily’s Investor Intelligence Symposium, scheduled for next month in New York, has been canceled. Attendees have been notified. In lieu... Read more
Wheat biotech doubles down on California hemp
An agriculture biotech company that markets high-fiber wheat is partnering with two other California firms in an attempt to grab market share among California hemp producers. Arcadia Biosciences of Davis, California, says it will work with Grow West, a northern California distributor of farm inputs and machinery, and the Buttonwillow... Read more
Webinar: In the Weeds – Cannabis Advocacy from the Statehouse to Capitol Hill
Join us on Tuesday, March 31, at 1:00 PM MT for a lively discussion about how to leverage your company, customers, and industry partners to achieve your state, local, and federal advocacy goals. Whether cannabis is already legal in your state or on the path to being so, learn... Read more
Mexico’s legalization of hemp, marijuana could be ‘quite significant’ for US markets
Mexico is poised to become the world’s most populous country with legal marijuana and hemp next month – and, unlike its northern neighbor, Mexico is setting nationwide regulations to cover all forms of cannabis, no matter the THC content, instead of having a patchwork of laws for the two... Read more
Former ‘Shark Tank’ investor joins hemp company board
California hemp and marijuana producer Goldenseed has added former “Shark Tank” investor Kevin Harrington to its advisory board. Goldenseed, a privately held company in Santa Cruz, said that Harrington has also invested in the company, though it did not say how much. Harrington was an early television informercial pitchman... Read more
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