by Ellie Herring, Marketing Director of Dime Bags, a subsidiary company of Head Choice Inc. Advice from Dime Bags, a leader in the hemp space that’s been in the industry for over a decade. Business is booming for those who are successful in the cannabis industry. With over $9... Read more
by Michelle Rutter, NCIA’s Government Relations Manager Last month, the Senate Judiciary Committee began the confirmation hearing for William Barr, President Trump’s nominee for Attorney General. Barr served as Attorney General under President George H.W. Bush from 1991-1993 — a time when the War on Drugs was arguably at... Read more
Many financial institutions are still hesitant to bank the legal cannabis industry due to fear of running afoul of federal money laundering laws. For years, many legal, compliant cannabis businesses have been forced to operate on an all-cash basis, causing a headache for regulators and a public safety risk... Read more
Mississippi lawmakers aren’t ready to regulate hemp. A panel in the Mississippi state House turned down an amendment Monday that would have allowed farmers to grow hemp. The proposal came on a bill to update the state’s classifications for drugs such as fentanyl. Separate proposals to allow hemp production... Read more
Authorities in Maine have shocked retailers and hemp farmers by ordering CBD edibles be removed from stores amid concerns that cannabidiol still is not a federally approved food additive. Last week, health inspectors began ordering stores to remove “all foods, tinctures and capsules” containing the extract, the Portland Press... Read more
The U.S. hemp crop tripled in 2018 with acreage rising rapidly in the 24 states actively growing last year, according to advocacy group Vote Hemp, and that figure is expected to grow now that the Farm Bill has opened the door nationwide to hemp production. Total American hemp acreage... Read more
Seven companies are challenging a CBD licensing process in Virginia criticized as “wildly prejudicial” and favoring multistate operators. Out of 51 applicants for five vertically integrated CBD and THC-A licenses, multistate operators received three, a situation that spurred the appeals, The Virginian-Pilot reported. Applicants filing the appeals complained the closed-meeting review... Read more
by Michelle Rutter, NCIA’s Government Relations Manager The 116th Congress just recently began, but there’s already been a flurry of new cannabis bills filed. Let’s take a look at this new piece of cannabis legislation that was introduced simultaneously in both chambers: Bill: H.R. 493/S. 179: VA Medicinal Cannabis... Read more
Under the historic 2018 Farm Bill, hemp companies should be able to advertise like other agricultural producers and manufacturers. But many businesses say they still face hurdles, especially with digital marketing. A good example is Evo Hemp, a Boulder, Colorado-based hemp food company. “The Farm Bill is opening the... Read more
by James Schwartz, CEO of Cascade High Organics Look to the past to see the future The challenges facing companies pioneering a new industry where each state deals with its own issues are numerous. The importance of strategic business planning and the ability to predict future problems are essential... Read more
