To help change USDA hemp rules, producers turn to state regulators, US Congress
Looking for allies to loosen federal hemp restrictions, professionals in the hemp industry are teaming with state agriculture authorities and members of the U.S. Congress to push for change in areas such as hemp sampling and testing. Now that the U.S. Department of Agriculture (USDA) has extended the comment period... Read more
Senate Banking Committee Chairman Gives Cannabis Industry Coal for Christmas
by Michael Correia, NCIA’s Director of Government Relations NCIA’s Director of Government Relations, Michael Correia As you may have heard by now, Senate Banking Committee Chairman Mike Crapo (R-ID) issued a very disappointing press release about his opposition to the SAFE Banking Act yesterday. If you recall, the SAFE Banking... Read more
Kentucky hemp producer announces layoffs after season of business challenges
A prominent Kentucky hemp company plans to lay off an unannounced number of employees. GenCanna Global, headquartered in Winchester, told Lexington TV station WKYT that market conditions in the hemp industry have led the company to “responsibly resize our staffing levels” to move the company forward. The privately held company... Read more
Vermont CBD retailer arrested for allegedly stiffing hemp farms
A CBD retailer in Vermont has been arrested and charged with theft of service and other charges in cases involving four state hemp farms. Douglas Bell, the owner of CBD Vermont, a retail store in Waterbury Center, was arrested after writing bad checks. Bell owes more than $137,000 to... Read more
EPA approves 10 pesticides for hemp production
Hemp farmers will have the option to use new crop protection tools for the 2020 season after federal regulators’ approval of pesticide products to the hemp production arsenal. In a major step toward making the newly legal crop a national commodity, the Environmental Protection Agency (EPA) on Thursday approved the... Read more
CBD and sports: Marketing to athletes becoming big business
Rob Gronkowski, formerly of the NFL’s New England Patriots, left, partnered with Perry Antelman, CEO of Abacus Health Products, and now promotes the company’s CBDMEDIC line of products for athletes. (Photo courtesy of Abacus Health Products) CBD manufacturers looking for new market opportunities are making big investments in the... Read more
Discount and sporting goods retailers begin CBD distribution
Two more mainstream retailers have entered the CBD race this month, joining a multitude of other large retailers that carry CBD products, including grocery, convenience, cosmetics and clothing stores. Dollar General will sell 20 different CBD products in 1,100 stores in Tennessee and Kentucky. The discount retailer plans to... Read more
Ohio-based CBD empire terminates bid to acquire multistate cannabis operator
Changing economic times have caused an Ohio marijuana and hemp retailer to rethink its latest acquisition. Green Growth Brands, which owns medical marijuana dispensaries and the nation’s largest chain of CBD retail locations in mall kiosks, on Wednesday dropped its $310 million all-stock bid to acquire Moxie Holdings, a... Read more
Hemp association searching for new leadership as executive director steps down
A national hemp association is looking for a new leader after the immediate departure of its executive director. Colleen Keahey Lanier, who since 2017 has led the national Hemp Industries Association (HIA), a nonprofit trade organization focused on education, industry development and expansion of the U.S. and international hemp... Read more
USDA extends public comment period for hemp interim final rule by 30 days
Federal agriculture officials are giving the hemp industry more time to provide feedback on new nationwide production rules. After requests from state officials and members of the U.S. Congress seeking additional time for public feedback, the U.S. Department of Agriculture (USDA) said Tuesday it will extend the comment period on the... Read more
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