European Parliament votes to add 0.3% THC limit for hemp to EU farm policy overhaul
European flags in front of the Berlaymont building, headquarters of the European commission in Brussels. The European Parliament has voted to raise the THC limit for industrial hemp from 0.2% to 0.3% and allow hemp and hemp-derived products to be subject to European Union marketing standards. The votes came... Read more
Indiana wins USDA approval, while Tennessee bows out for another year
Indiana’s hemp regulations have won federal approval and will be in place for the 2021 growing season – while another hemp state with federal approval, Tennessee, is bowing out of the federal framework for another year. The Indiana plan was announced this week by Purdue University. Hemp there will... Read more
Congressional members sent DEA letter asking for clarity on hemp extraction rule
Nine members of Congress have asked the U.S. Drug Enforcement Administration for clarity on a rule the hemp industry says will wrongly criminalize production of extracts in some cases. The letter asks DEA administrator Timothy Shea to protect hemp producers. “Since the Farm Bill legalized hemp along with hemp derivatives,... Read more
Editor’s Notebook: Think hemp isn’t on the ballot this year? Think again
(This column appears in the October edition of Marijuana Business Magazine.) It might seem like hemp isn’t on the ballot this election cycle.  Hemp policy is not much of a talking point in the presidential debate. And in the hard-fought battle for control of the U.S. Senate, hemp entrepreneurs can rest assured that the... Read more
Member Blog: Five Reasons to Use a High-Speed Smart Safe for Your Cannabis Business
by Bobby Combs, Kisan America Corporation There are many challenges to running a successful cannabis business, including finding the correct product to sell, hiring and training qualified budtenders, dealing with state regulations, accepting cash payment, and depositing cash into the limited number of banks and credit unions that accept... Read more
In Italy, a change on CBD medicine classification stokes confusion in hemp industry
Italy has added ingestible formulas with flower-derived CBD to a table of medicines in its narcotics law, paving the way for GW Pharmaceuticals’ epilepsy drug Epidiolex to hit the market there but also raising questions about the status of other CBD products. The Health Ministry’s decree sparked anger and... Read more
Pet Releaf names Papa & Barkley executive as new CFO
Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team... Read more
What they’re saying: 7 takeaways from the contentious DEA rule on hemp extracts
The hemp industry is voicing concern about a U.S. Drug Enforcement Agency rule that opponents argue would make extracts a Schedule 1 controlled substance during a period of the extraction process when the plant’s THC levels rise above what’s allowed. The DEA published the rule in August to align... Read more
Where is the CBD sector headed? Get new market insights from retail insiders
There’s no question that CBD has driven much of the hemp industry’s growth in recent years. Despite ongoing legal uncertainty, falling wholesale prices and nagging questions over the cannabinoid’s effects, the CBD market continues to expand. That’s why Hemp Industry Daily is asking two CBD sector experts to share... Read more
Upscale CBD retailer flexes into UK with distribution in British department store, UK website
Standard Dose, a wellness brand and CBD retailer in the United States, has launched a U.K. website and inked a distribution deal with John Lewis & Partners, a multichannel retailer that operates more than 40 department stores across Great Britain. The website launch allows the New York brand to... Read more
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