Get in-depth analysis on Latin America hemp and marijuana markets from MJBizCon’s Passholder Days. It’s all available to you on demand. Mexican lawmakers have advanced a measure to legalize industrial hemp and recreational marijuana, setting a 1% THC limit for hemp and allowing adults to possess up to 28... Read more
A version of this story first appeared on Marijuana Business Daily. Consumer demand has been pushing the THC potency of herbal marijuana upward for decades — but that increased potency does not extend to CBD levels, a new study has found. The systematic review and meta-analysis of studies between... Read more
Entrepreneurs in the young hemp industry are often still working to develop consistent processes for handling the production flow of their goods and services, from their raw components to the end product. Developing a stable framework helps companies efficiently control product quality, inventory levels, timing and expenses to quickly... Read more
China’s biotech and pharma giant Tasly Holding Group has announced a 500 million yuan ($75.6 million) investment into biotech company Puyuan Miaosheng Group’s industrial hemp subsidiary. The investment will be used to develop Yunnan Maye Biotech’s operations in hemp farming, foods and beverages, pet food, new tobacco products and... Read more
A wholesaler of hemp-derived ingredients has acquired a Colorado-based processing and extraction company. Kadenwood’s EcoGen Biosciences of Grand Junction, Colorado, is adding a 50,000-square-foot production campus in Delta, Colorado and 165 acres of farmland as part of the deal. Terms were not disclosed. EcoGen said in an announcement this... Read more
Light and day length are more important to hemp production than farmers might realize, but cannabis producers have little guidance from traditional horticultural research to maximize production. A new tool aims to help growers understand how they can make a horticultural concept called photoperiodism pay off in crop consistency... Read more
Editor’s note: Get up-to-date insights on growing conditions in all states at the Hemp Industry Daily Forum at MJBizCon. See the packed agenda of hemp discussions and insights here. Florida’s inaugural year of hemp cultivation has been a challenging one, with the state’s tropical climate proving that seed varieties... Read more
Charlotte’s Web Holdings Inc. lost $6.6 million last quarter as expenses outstripped rising revenue and the pandemic continued to cool sales. The CBD giant based in Boulder, Colorado, reported revenue of $25.2 million for the quarter that ended Sept. 30, up 0.4% from the same period a year ago.... Read more
A CBD maker that converted a former wheat germ plant into an extraction facility last year is expanding into hemp drying and milling, thanks in part to a tax abatement from its northern Indiana city. Viobin plans to add 15 jobs and a hemp dryer, screen, pelletizer and hammermill.... Read more
Missouri CBD retailer MNG 2005 is cheering a judge’s order keeping its legal fight alive against credit-card giant Visa as it wages a battle to access payment-processing services. U.S. District Judge John Ross ruled this week that MNG can pursue defamation claims against Visa for allegedly saying that the... Read more
