New Jersey authorizes hemp but gives no timetable and few details
In a new state statute authorizing hemp production, New Jersey has directed agriculture authorities to promote the plant “to the maximum extent permitted by federal law.” But the Garden State provided few details on what that means. The law, signed last week by New Jersey Gov. Phil Murphy, calls hemp a... Read more
Hemp Industry Daily to resume publishing on Monday
Hemp Industry Daily is closed for the Thanksgiving weekend and will resume publishing on Monday. We hope you and yours have a happy holiday! Subscribe to our Newsletter Read more
Thanksgiving: NCIA Members Are The Reason For The Season
by Jeremy DePasquale, NCIA Membership Director This Thanksgiving holiday, we wish to simply say THANK YOU for being a part of the next great American industry, and for taking this journey with us as we all create a responsible, legitimate cannabis industry together. As the NCIA staff begins to... Read more
Massachusetts Officially Joins The Legal Cannabis Market
Legal cannabis sales for adults 21 and over launched on Tuesday in Massachusetts, marking the first legal adult-use dispensaries to open on the East Coast! The first customers to purchase cannabis were two U.S. military veterans, including Northampton Mayor David Narkewicz. Residents in the Bay State voted to legalize... Read more
Oregon manufacturer sells partial ownership stake to expand CBD offerings
An Oregon CBD beverage maker has sold a partial ownership stake for $1.6 million to expand production and distribution. Ablis of Bend, Oregon, makes nonalcoholic beverages that contain 25 milligrams of CBD. The products are distributed in health and wellness retailers in 10 states. Acquired Sales Corp. of Lake... Read more
Utah adds label requirement for CBD products to combat synthetics
Utah will require CBD products to carry labels certifying they were produced legally, a move to eliminate synthetic products and treatments that contain too much THC. The new labeling requirement takes effect in January, Salt Lake City TV station KUTV reported. The state joins Indiana and Oregon, which have previously implemented... Read more
Wrapping Up 2018 Cannabis Caucus Events, Introducing New 2019 Events!
October marked the last NCIA events of the year with Cannabis Caucus events in eight regions nationwide and an outstanding 2nd Annual California Cannabis Business Conference in Anaheim, California. As this year’s events comes to a close, we have so much to reflect on and exciting new events to... Read more
Save the Dates! NCIA’s New 2019 Events Just Announced
Ready to hang your 2019 calendar on the wall? You’re in luck, because NCIA has just published the 2019 event calendar! Due to popular demand for even more regional networking opportunities nationwide, NCIA is launching two new regional event series in 2019: Industry Socials and Harvest Celebrations... Read more
Vermont CBD company snags $7 million, plans to move manufacturing plant
A CBD manufacturer in Vermont is changing its name and plans to double its hemp acreage to 100 acres next year after selling a $7 million stake to a North Carolina venture capital firm. Hardwick, Vermont-based Green Mountain CBD will change its name to SunSoil CBD in 2019, VTDigger... Read more
No extraction required: Smokable hemp trend gives farmers new use for flower
One of the fastest-growing hemp sectors bears a striking resemblance to the marijuana industry: dried and smokable hemp flowers. The growth of hemp pre-rolls and loose flower has roots in Europe, where cannabis enthusiasts have long embraced smoking low-THC cannabis, but its rise in the U.S. is catching longtime... Read more
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