The hemp industry continues to look for federal guidance on production for 2020. It’s been more than a month since Hemp Industry Daily first reported that the U.S. Department of Agriculture (USDA) had completed its draft of the federal hemp production rules and submitted it to the White House Office... Read more
The USA Triathlon team has signed a deal with Colorado CBD company Pure Spectrum in a first move toward cannabis use by an Olympic team. The deal was made after the team determined that Pure Spectrum uses industrial hemp to manufacture its products and adheres to “strict third-party testing... Read more
North Carolina is giving a hemp processor $100,000 to set up a new facility. Carolina Botanicals, a commercial processor of hemp biomass, will invest $3.46 million in its new processing plant in Tabor City, in southeastern North Carolina. The plant is projected to create 30 jobs. The $100,000 grant... Read more
Farmers across the nation who produced hemp this year are using any means necessary to sell crops that are either still waiting in their fields to be harvested or drying postharvest. From posting hemp for sale on LinkedIn to working with brokers, farmers this season are looking for strategies... Read more
Retail sales of CBD in the United States are expected to surpass $1 billion in 2019 – a 133% increase over 2018 sales – and might eclipse $10 billion by 2024, according to projections from the newly released 2019 Hemp & CBD Industry Factbook. The recent surge of consumer... Read more
by Andrew Kline, NCIA’s Director of Public Policy With uncertainty about the proximate cause of the vaping crisis continuing to roil state regulators, and state governors trying to determine the right short-term solution to protect the public health, the former Commissioner of the FDA has a longer-term plan. Former... Read more
A Canadian greenhouse vegetable producer making an expansion into hemp is bracing for Latin American competition as it expands its operations. “The confidence that I have in Canada is, I think we can actually compete on oil with Latin America,” Village Farms’ CEO Michael DeGiglio said last week in a... Read more
California Gov. Gavin Newsom signed a bill to bring the state’s hemp laws into compliance with the 2018 Farm Bill. The measure, which was signed Saturday and will take effect Jan. 1, updates the state’s definition of industrial hemp and terminology to match the federal language. It also requires the... Read more
The Cosmo Cultivator of the Year. Regional Game Changer. Community Impact. These are just some of the categories for which the editorial team of Marijuana Business Daily vetted more than 670 entries for the inaugural MJBizDaily Awards. With the list of nominees having been culled to 55 finalists, a... Read more
Michigan State University is looking to the hemp industry to provide guidance on research and outreach needs. University researchers are asking growers who are currently producing or plan to produce hemp for biomass, fiber, grain or CBD to participate in an industrial hemp survey. The survey asks growers to... Read more
