Demetrix raises $50 million to research synthetic cannabinoid production
California-based Demetrix secured $50 million in a Series A funding, which the company will use for research of synthetic cannabinoid production. The Emeryville company wants to use baker’s yeast to produce large volumes of cannabinoids. More than 100 of cannabinoids can be found in the cannabis plant, sometimes in... Read more
Re-Cap of House Judiciary Hearing on Marijuana Laws in America
On Wednesday, for the first time ever, lawmakers in the House of Representatives held a hearing to address the disproportionate ways in which marijuana prohibition has negatively impacted people of color and marginalized communities. The hearing, entitled “Marijuana Laws in America: Racial Justice and the Need for Reform,” was... Read more
Ten Hemp Leaders to Meet at #CannaBizSummit
The hemp community has seen a surge of growth since the signing of the U.S. Farm Bill in December of 2018. Currently hemp leaders and entrepreneurs are laying the groundwork for the future of hemp. They’re building industry supply chains, educating newcomers to the hemp industry, or leveraging their... Read more
After hemp veto, South Dakota studying merits, drawbacks of allowing production
State regulators in South Dakota have devoted the summer of 2019 to learning about hemp following Gov. Kristi Noem’s veto of a measure that would have allowed for hemp production in 2019. South Dakota is one of the only western states has not passed legislation to enable hemp production... Read more
Gallup poll finds younger Americans more confident in CBD health benefits
Data from Gallup shows that younger Americans are more confident in the health benefits of CBD – but the majority of people familiar with cannabinoids, regardless of age, believe it has at least some health benefits. A telephone poll conducted by Gallup in late May found that 78% of... Read more
Hemptown acquires nutraceutical maker, moves into consumer packaged goods
Hemptown Organics Corp., a vertically integrated, multistate hemp producer based in Central Point, Oregon, has acquired longtime nutraceutical manufacturer Kirkman Group for $5 million. With $6 million in existing annual revenue, Kirkman operates a 25,000-square-foot nutraceutical manufacturing facility that is Current Good Manufacturing Process (CGMP)-certified and licensed by the... Read more
WEBINAR: Streamlining Your Packaging Process and Innovating for the Future
Watch this webinar from NCIA’s Packaging & Labeling Committee: Streamlining Your Packaging Process! Learn from expert panelists: Brian Smith, Satori Wellness; Lisa Hansen, Plaid Cannabiz Marketing; and Karen Bernstein, Bernstein IP.Moderated by Mauria Betts, Potency. Be sure to join us at NCIA’s 6th Annual Cannabis Business Summit &... Read more
Partner Blog: Legal Education – The Cannabis Regulatory Rounds Presented by INCBA
by Christopher Davis, International Cannabis Bar Association The International Cannabis Bar Association (INCBA) is excited to present the fourth iteration of our in-person educational partnership with the National Cannabis Industry Association’s Cannabis Business Summit and Expo. This year, INCBA is thrilled to showcase a full day set of educational... Read more
Top Ten Reasons NCIA Supports De-Scheduling Cannabis
by Andrew Kline, NCIA’s Director of Public Policy Today, the House Judiciary Committee (Subcommittee on Crime, Terrorism and Homeland Security) is holding a hearing on marijuana policy reform proposals and related social equity provisions. While NCIA supports the STATES Act and other incremental approaches to reform, we strongly prefer... Read more
Conventional greenhouse producers increasingly pivoting into hemp sector
Hemp grown by Rancho Tissue Technologies. Large-scale greenhouse growers are swiftly entering the hemp market as they look for higher margins than they get from traditional produce and ornamental plants. It’s no secret that interest in hemp production is booming, and producers from all agricultural sectors are joining in... Read more
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