Oregon hailstorm update: Hemp crops recovering but may not have time to flower
The hemp at Triple C Farms near Sisters, Oregon, has recovered from a damaging August hailstorm. (Photo by Matt Cyrus) Four weeks after a hailstorm in Central Oregon wreaked havoc on roughly 500 acres of hemp, farmers say the area’s crop may not be a total loss. Some of the... Read more
Louisiana permits hundreds of businesses to sell CBD products
Louisiana has awarded business licenses to 775 companies that want to sell CBD products. The state’s Office of Alcohol and Tobacco Control (ATC) received more than 1,000 permit applications after passage of a law outlining how retailers can sell products containing CBD. The ATC started the process in June. Liquor stores, gas stations... Read more
Longtime hemp critic launches national attack, saying plant won’t help farmers
A South Dakota politician who opposes hemp cultivation is taking her argument national just as federal agriculture authorities are expected to release national production rules. Republican Gov. Kristi Noem wrote in a column published in The Wall Street Journal that many states have legalized hemp to as a savior... Read more
The Burning Question – When Will SAFE Banking Get A Vote?
by Michelle Rutter, NCIA Government Relations Manager With Congress returning from their annual August recess, all I seem to be asked is “when will we get a vote on SAFE Banking?” And while it’s unclear whether that vote will be in September or beyond, it’s important to remember that... Read more
California wheat biotech firm expands hemp investment with $10 million raise
An agriculture biotech company that markets high-fiber wheat said it is expanding its hemp subsidiary with a $10 million stock offering. Arcadia Biosciences of Davis, California, plans to use the money to research hemp genetics in Imperial County, California, according to a news release. The company’s hemp subsidiary, Arcadia Specialty... Read more
Canada’s hemp industry shrank last year amid slow-moving CBD regulations, USDA says
Canada has a 20-year head start on the United States in growing and processing hemp. But Canada’s acreage shrank in 2018 as the nation lagged behind its southern neighbor in developing a market for hemp extracts such as CBD, according to a new report from the U.S. Department of Agriculture... Read more
Why hemp businesses are (mostly) shaking off transportation setback
National shipments of hemp and its byproducts will march on, even if some businesses take extra care in the wake of a surprising court ruling delaying the return of roughly 7,000 pounds of hemp in police custody in Idaho, industry members and attorneys say. The 9th Circuit Court of... Read more
Hemp acreage jumps 500% in 2019, a sign of legalization’s impact
American farmers are signing up to grow hemp in eye-popping numbers in this first growing season after the plant was federally legalized, with licensed acres up more than 554% from last year, according to advocacy group Vote Hemp. The Washington, DC-based lobbying advocacy group released its annual U.S. Hemp... Read more
Member Blog: Hemp And CBD Consumer Insights – Who, Why, And How
By Stephen J. Gongaware, Sr. Vice President of Business Development at Management Science Associates, Inc. (MSA) Hemp CBD became the fastest growing CPG product in 2019, following its legalization in the Farm Bill of December 2018. Consumers show great interest in its use for wellness, health & beauty applications... Read more
Aurora Cannabis divests itself of Green Organic Dutchman, hemp subsidiary
Canadian marijuana giant Aurora Cannabis has sold its remaining stake in a Toronto company that has a hemp subsidiary in Poland. Aurora sold its shares in The Green Organic Dutchman (TGOD) for 86.5 million Canadian dollars ($64.9 million). Though the move means Aurora has divested itself of a TGOD... Read more
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