Canadian marijuana giant Canopy Growth has chosen a small New York town near the Pennsylvania border as the site for its $150 million entrance into the U.S. hemp market. Canopy announced Monday it will build an industrial park on a 48-acre property in Kirkwood, New York, about 5 miles... Read more
Hemp entrepreneurs are still waiting to realize the benefits of being able to import hempseed as a commodity, even as they cheer recent assurance from the federal government that change is on the way. The U.S. Department of Agriculture (USDA) released new guidance this month on how hemp importing... Read more
In an effort to move into the mainstream CBD space, Boulder, Colorado-based CBD manufacturer Charlotte’s Web Holdings has selected a former Kellogg executive to serve as its CEO. Adrienne “Deanie” Elsner will assume the role effective May 15. Elsner was previously president of the U.S. snacks division at Kellogg.... Read more
Over the past five years, cannabis industry professionals, policy makers, advocates, and entrepreneurs have convened to network, learn, and discover at the NCIA’s Cannabis Business Summit & Expo. As the industry continues to rapidly evolve, getting accurate and relevant information from experts in the field becomes increasingly important for... Read more
This last weekend, cannabis advocates and supporters gathered in cities across the country to celebrate what is known as “4/20,” a cultural celebration of cannabis. Michigan’s Hash Bash In several states like Michigan, the celebration was particularly exciting because of recently passed adult-use laws. Earlier this month, NCIA’s Business... Read more
European hemp producers and manufacturers are struggling to capitalize on the global CBD boom and compete with U.S. manufacturers as they navigate the continent’s thorny regulations – but they’re optimistic that upcoming changes will open new CBD opportunities. The hemp and CBD industry wants the European Union to change... Read more
The U.S. Department of Agriculture is ready to protect seed-propagated hemp varieties, a landmark move that could generate numerous business opportunities for breeders of the plant. The USDA announced Wednesday that its Plant Variety Protection Office (PVPO) is taking hemp applications because of the passage of the 2018 Farm Bill.... Read more
Elixinol has purchased a 25% stake in Altmeds, the manufacturer of hemp-derived CBD pet health brand Pet Releaf. The terms of the deal were not disclosed. Denver-based Altmeds already gets its CBD from Elixinol, a Colorado producer of hemp-derived CBD extract. The Altmeds investment allows Elixinol to gain a... Read more
A Texas proposal to open the nation’s second-largest state to the hemp farming boom could soon become a reality after House legislators gave the idea an important thumbs-up Tuesday. The legislation positions Texas to join at least 42 other states with legal hemp production. The measure passed without objection... Read more
by Courtney Maltais, The ClearNCIA’s Scientific Advisory Committee As outside industries fuse with the cannabis market, we will begin to see innovations that will flesh out our understanding of cannabinoids and how they interact with the human body. I had the opportunity to sit down with chemist Dr. Mark... Read more
