Oregon hemp facility fined $825,000 for housing workers in condemned building
Five southern Oregon hemp businesses have been fined $825,000 for allegedly making employees live and work in unsafe conditions. Oregon’s Occupational Safety and Health Administration (OSHA) reported this week it has fined five businesses connected to a processing facility in Josephine County, including Eighteen New Hope LLC and Safe... Read more
Losses narrow for GW Pharmaceuticals on dramatic revenue increase
A strong uptick in doctor prescriptions and coverage from health insurers is being credited for solid quarterly revenues for GW Pharmaceuticals. The London-based firm that makes cannabis-derived CBD medicines reported revenue of $91 million for the third quarter ended Sept. 30, up more than 3,500% from the same period... Read more
CV Sciences reports falling revenues, sales amid ‘flood’ of new competitors
CV Sciences, a San Diego-based CBD manufacturer, reported revenue of $12.6 million for the third quarter ended Sept. 30, down more than 7% from the same period a year ago. Profit for the quarter was $8.4 million, down 15% from the prior year. The results fell well short of... Read more
USDA suggests farmers pay hemp-promotions fee, offers no more details on rule changes
The hemp at Triple C Farms near Sisters, Oregon, has recovered from a damaging August hailstorm. (Photo by Matt Cyrus) The agency setting baseline national minimums for hemp production says growers should tax themselves to promote the new crop. A top official with the U.S. Department of Agriculture (USDA),... Read more
Fire at Pennsylvania drying shed prompts storage warning
Farmers drying hemp should treat their crops like hay and watch for overheating. That’s the warning in the wake of a Pennsylvania fire this week in a shed that had been converted to a hemp dryer in Lancaster County. The blaze cost farmer Alvin Esh about $5,000 to $6,000... Read more
Cancer specialist nominated to lead FDA
A cancer specialist from Houston has been chosen to take control of the U.S. Food and Drug Administration (FDA), which is reviewing its CBD policy. President Donald Trump on Friday picked Dr. Stephen Hahn of the MD Anderson Cancer Center to permanently lead the agency, pending congressional affirmation. The 59-year-old... Read more
Struggling farmers who bet everything on hemp this year experiencing bitter harvest
For many first-time hemp farmers, 2019 is being written off as an expensive learning experience that they can apply to future crops. But for farmers who grew hemp this season in a Hail Mary attempt to make up profits lost from decreasing prices for row crops, dairy and livestock,... Read more
Consumers research CBD more than many other wellness trends, study finds
Move over, meditation: American consumers are researching CBD more than many other alternative health trends and products, according to a new study looking at Google searches. Health scientists from the University of California, San Diego, Johns Hopkins University in Baltimore and the University of York in the United Kingdom... Read more
Hemp farmers eligible for USDA programs under new federal rules
Nationwide hemp production rules that took effect Thursday come with new federal protections for the crop. Starting in the 2020 growing year, cultivators licensed under federally approved production programs will have the same access to federal loans, crop insurance, disaster assistance and conservation programs that farmers of other commodities... Read more
Virginia tobacco giant adds hemp to its lobbying activity
Virginia tobacco giant Altria has added hemp policy to its lobbying activities, spending roughly $60,000 this year to lobby the U.S. Congress and U.S. Department of Agriculture on “matters pertaining to hemp and crop insurance.” The lobbying, first reported by Cannabis Wire, marks an initial lobbying effort related to... Read more
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