Sol Global, a Toronto-based international cannabis investment firm, said it raised 50 million Canadian dollars ($37.5 million) in debt financing. The company will use the proceeds to fund its expansion in CBD activities and operations in California, Florida and Michigan. The company also said Jonathan Gilbert resigned as president... Read more
Hoping to gain a new business opportunity, Indiana CBD retailers are turning to the federal court system to overturn the state’s ban on smokable hemp products. Seven hemp-derived CBD retailers filed the lawsuit in Southern Indiana District Court in cooperation with the Midwest Hemp Council, the Courthouse News Service... Read more
Hemp farmers in South Carolina now have temporary access to an arsenal of pesticides for the 2019 production season after state regulators approved a list of products suitable for hemp cultivation. The move eliminates a hurdle farmers have faced since the crop was cleared for production in the state... Read more
New York City implemented a citywide ban this week prohibiting businesses from selling food and drinks containing CBD. The ban took effect just a few days after New York state lawmakers passed a bill allowing for some CBD products but not settling a process for putting it in food. After... Read more
The history of cannabis and the United States in a tenuous one. The most horrific parts of that history are the injustices that the racist War on Drugs and cannabis prohibition has caused, as well as the millions of lives both have destroyed. However, the dichotomy of history, cannabis,... Read more
In this month’s video spotlight, learn about how Anresco Laboratories went from an analytical lab serving the baking industry to getting involved in cannabis testing in 2015. At Anresco, they now conduct metals testing, microbiology, chromatography, HPLC, and are heavily involved with cannabis advocacy efforts! Read more
Hoping to resolve the legal confusion surrounding the selling of CBD products, states are starting to leapfrog federal health regulators and give hemp entrepreneurs permission to put cannabis extracts in food, drinks and dietary supplements. But the efforts aren’t reducing legal headaches for the hemp industry. That’s because states... Read more
Farmers are so bullish on hemp that growers from Wisconsin to Florida are making big investments even before federal agricultural regulators write the rules for how the plant can be grown and sold. The hemp boom conceals a nagging problem for hemp farmers and manufacturers alike – there is... Read more
With one month left before the U.S. Department of Agriculture (USDA) releases much-anticipated federal hemp production rules, the industry needs to start planning and preparing now for the 2020 season, hemp business experts say. With the USDA saying it expects to have regulations ready by August, Hemp Industry Daily reached... Read more
