Rocky start for inaugural hemp auction, but more events are planned
Many farmers sold hemp biomass for under the set floor price of $1 per CBD point during the International Hemp Auction and Market in Franklin, Tennessee, in late November. (Photo courtesy of Casey Flippo) Optimism around a three-day hemp auction in Tennessee turned to disappointment when producers found way... Read more
Member Blog: The Economics Of Trespass Grows And The Legal Industry
by Jackee Riccio, Regional Field Director at the CROP Project California’s cannabis economy has not generated the cash flow that regulators were anticipating.  Current legal sales have topped $3 billion, but unregulated cannabis continues to dominate the market. This may not be surprising, as critics argue that the current... Read more
Committee Blog: What The Recent Layoffs in the Cannabis Industry Mean
by NCIA’s Human Resources Committee Many in our industry have heard about the recent layoffs announced by cannabis companies, including some of NCIA’s members, in the U.S. NCIA’s Human Resources Committee views the layoffs as an unfortunate but sometimes necessary part of business, and overall remain optimistic about the... Read more
Iowa retailer arrested for selling still-illegal CBD products
An Iowa CBD retailer was arrested after allegedly selling products containing cannabidiol to police. Lacie Navin, the owner of Your CBD Store, in Ankeny, Iowa, was arrested as part of a task force investigation into businesses selling CBD in the area after multiple complaints. According to police, this is... Read more
Brazilian court approves commercial hemp cultivation for one company
(This is an abridged version of a story that appears at Marijuana Business Daily.) A company in Brazil successfully appealed to a court for permission to cultivate hemp on the same day that the Brazilian government decided against creating rules to allow domestic cultivation. The decision could spur other hemp companies... Read more
How to stand out in a crowded CBD market: Q&A with branding expert Cindy Blum
The CBD marketplace grows more crowded by the day, with manufacturers struggling to gain market share in a sea of CBD products all claiming to be the most effective. That makes branding and marketing essential for even a savvy cannabis entrepreneur hoping to gain traction in a confusing and... Read more
New Mexico to invest $400,000 in Las Cruces hemp manufacturing firm
A hemp manufacturing business in Southern New Mexico will get a boost from the state’s Economic Development Department. The agency said it has pledged to invest $400,000 in 420 Valley as part of a continued effort by Gov. Michelle Lujan Grisham’s administration to grow the burgeoning industry. 420 Valley... Read more
New York CBD retailer who received hemp shipment still facing marijuana charges
A CBD retailer is worried his store could go out of business after the New York Police Department intercepted its most recent shipment of hemp, thinking it was marijuana, and arrested his brother on drug charges. Oren Levy, the owner of Green Angel CBD in Brooklyn, told Hemp Industry... Read more
Another German court halts sale of CBD as food without ‘novel’ authorization
Local authorities acted correctly by not allowing sales of CBD products that don’t have a “novel food” authorization, a German court decided, confirming an earlier ruling. The “novel food” classification is given by the European Union to products that have not been significantly consumed before 1997. The Gießen Administrative... Read more
Embattled Pennsylvania hemp processor ordered to close
A hemp drying and processing company in Pennsylvania that has received numerous complaints about its facilities, odor and lack of pay to employees has been ordered by the state to close. The Pennsylvania Department of Environmental Protection (DEP) issued an administrative order to cease operation at the Jeannette facility of... Read more

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