Update from FDA hearing: Hemp industry asks for federal guidelines, but specifics elusive
The cannabis industry wants a single set of rules, but entrepreneurs aren’t sure what those rules should be. At Friday’s landmark cannabis review by the U.S. Food and Administration (FDA), CBD manufacturers joined with academics, consumer packaged goods manufacturers and agriculture officials to ask a panel of regulators to... Read more
Arizona hemp growing season kicks off amid marijuana industry’s cross-pollination concerns
Farmers in Arizona will start planting legal hemp crops Friday, as the 2019 season officially gets underway under a set of rules established by the state’s agriculture department. The season is starting two months earlier than planned, thanks to legislation signed into law in February by Gov. Doug Ducey. But... Read more
Top ornamental greenhouse operation ColorPoint making transition to hemp
ColorPoint’s greenhouse facilities will be home to hemp clones (pictured), unrooted cuttings and year-round indoor hemp crops. (Photo courtesy of ColorPoint) One of the largest greenhouse operations in the United States is leaving ornamental bedding plant production behind and instead placing its chips on the burgeoning Kentucky hemp industry.... Read more
USDA sides with hemp company in transportation dispute
A Colorado hemp company seeking the release of plants seized earlier this year in Idaho won a powerful ally this week when the U.S. Department of Agriculture said the hemp should not have been taken. The USDA said in a nonbinding legal opinion that hemp transportation was guaranteed last... Read more
What’s next for CBD? What experts say to expect from FDA review
The hemp and marijuana industries both have a lot riding on Friday’s launch of a safety review by the U.S. Food and Drug Administration. The prospect of legal products infused with cannabis extracts is no longer out of bounds, now that Congress has removed low-THC hemp from the Controlled... Read more
CBD maker Charlotte’s Web to begin trading on Toronto Stock Exchange
Charlotte’s Web, a Boulder, Colorado-based CBD manufacturer, said Wednesday it received approval to uplist to the Toronto Stock Exchange (TSX). The company expects to start trading on the TSX on May 31 and will maintain its Canadian Securities Exchange ticker CWEB. The move to the TSX – the world’s ninth-largest... Read more
Oregon hemp production lawsuits may offer lessons for farmers
(Photo by Media Collaboratory) Hemp farmers often look for strategic partnerships with other farmers and landowners to boost their production capabilities. But those relationships can go awry if care isn’t taken in picking the right partners and creating solid contracts. A recent example includes four Oregon farms that are... Read more
Commercial hemp production in Florida delayed until 2020
While farmers in Florida were hoping to plant hemp in 2019, the state hemp program – approved by Florida lawmakers earlier this month – is still awaiting Gov. Ron DeSantis’ signature. But the Florida Department of Agriculture and Consumer Services is confident it will be ready to issue growing... Read more
To address lack of regulatory standards, NGOs test CBD products in Europe
The CBD market in Europe faces a challenge that would look familiar to many U.S. producers: popularity is on the rise, despite lack of clear rules and industry-wide standards. For consumers, this means that legitimate products can often be found right next to others with significantly less CBD than advertised or with... Read more
Hemp-derived products cleared for U.S. air travel in another sign of federal acceptance
U.S. aviation authorities have changed course on cannabidiol and now allow it on airplanes, as long as it comes from hemp. The U.S. Transport Security Administration recently updated its guidance on medical marijuana to clarify that CBD products are allowed as long as they were produced legally. That means CBD... Read more
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