Assets of Elemental Processing, LLC, located in Lexington, Kentucky are under court ordered Receivership. LS Associates, LLC is the financial advisor to the Receiver and assisting in this auction process. All assets to be sold December 1, 2020, by entire lots, as is where is. Must qualify to attend... Read more
A “cannabis light” vending machine in Italy (photo courtesy Alfredo Pascual) The availability of hemp flower containing up to 0.6% THC in Italy led some marijuana users to abandon their illicit products, costing criminal networks tens of millions, a trio of economists has found. The researchers’ findings, published last... Read more
The Hemp Industries Association and a South Carolina CBD maker are trying to get U.S. Drug Enforcement Administration to clarify whether it considers temporary byproducts of hemp production a Schedule 1 substance. In a filing Monday in U.S. District Court in Washington DC, HIA and RE Botanicals ask a... Read more
A hemp farmer in east Tennessee is suing a trooper for the Tennessee State Highway Patrol for twice charging her with crimes that were later dismissed. Rose Hembrook of Pikeville says she was pulled over by Trooper Donald Seiber in 2019 while driving two bags of hemp debris to... Read more
The nail-biter 2020 presidential election in the United States has a lot of folks scratching their heads. The hemp industry is no exception. Though the presidential campaigns never talked about the the newly legal crop, the race set up enormous implications for the business landscape faced by the hemp... Read more
CBD consumers trying to make sense of terms like “full spectrum” and “broad spectrum” on labels are getting some help in New York state, where new rules for hemp extracts are winning praise from some in the hemp industry who say they could serve as a template for future... Read more
House Agriculture Chairman Collin Peterson, a Minnesota Democrat and sponsor of a bill to require federal food and agriculture regulators to treat hemp-derived CBD as a dietary supplement, has lost his re-election bid. Peterson lost to Republican challenger Michelle Fischbach on Tuesday. He has represented rural western Minnesota since... Read more
by Morgan Fox, NCIA’s Director of Media Relations While the country waits for the outcomes of national elections that could very well impact the future of cannabis policy reform advocacy, we do have a LOT to be happy about today! Last night, adult-use and medical ballot initiatives SWEPT the... Read more
(A version of this story first appeared at Marijuana Business Daily International.) Marijuana and hemp giant Canopy Growth is swapping one stock exchange for another, departing the New York Stock Exchange (NYSE) in favor of the Nasdaq in an effort to save money. Canopy, which reported a loss of... Read more
Authorities in New Zealand have threatened two hemp farmers with a $100,000 fine and loss of hemp license for selling products containing cannabidiol, which is permitted only in prescription medications in the country. Sarah Gibson and Aaron Silcock, hemp growers in the town of Reefton in the island nation’s... Read more
