(This is an abridged version of a story that appears on the Marijuana Business Daily International website.) The first CBD products exported from Colombia to the United Kingdom soon will be available for sale in the U.K. and other European Union countries, Bogota-based Clever Leaves announced. The health-related products, which were exported as a... Read more
Work has begun on creating the nation’s only hempseed bank in New York’s Finger Lakes region. The Industrial Hemp Germplasm Repository will be established at Cornell University’s agricultural research facility in Geneva. U.S. Senate Minority Leader Chuck Schumer of New York announced the launch of the new facility, saying... Read more
The market for hemp-infused topicals has never been hotter, with big-box retailers ranging from CVS to Sephora adding CBD creams and balms – despite pushback from U.S. health authorities. Even as the national market for topicals booms, though, opportunities abound for boutique CBD manufacturers in the U.S. spa industry, where... Read more
Given hemp’s new legal status, many farmers and livestock producers want to explore cannabis for animal feed and the research that suggests its nutritional and developmental benefits. But they’re facing market and legal uncertainties that are familiar to those making hemp products for people. A 2017 Colorado study cited... Read more
After developing proposed rules in June for its 2019 hemp production regulations, Alaska officials have determined a state industrial hemp program may not be worth funding. Republican Gov. Mike Dunleavy cut $375,000 from the state budget for the Alaska’s industrial hemp program, saying there is “no existing industry to... Read more
Cronos Group, a Canadian vertically integrated marijuana company with international production and distribution, announced Friday it will buy four operating subsidiaries from Redwood Holding Group for $300 million. Based in Los Angeles, Redwood produces, markets and distributes hemp-derived CBD products, including skin care, bath items and gummies, throughout the... Read more
It’s August, and though national hemp production rules have yet to be released, the industry continues to develop new business options to fill the void for trade within the space. One new offering says it can give the entire hemp supply chain a way to verify advertised industrial products. PanXchange’s... Read more
A Southern California marijuana company is teaming with a rural water projects developer to start growing hemp in the Mojave Desert. Glass House Farms of Carpinteria, California, says it has created a joint venture with water developer Cadiz Inc. to grow 60 acres of hemp starting next month in Cadiz,... Read more
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the July issue of Marijuana Business Magazine.) Hemp is worth 10 times as much as soybeans. No, 20 times. No, 100 times. Sound too good to be true? Farmers I... Read more
Ohio Gov. Mike DeWine has signed into law a measure authorizing CBD sales and the commercial production of industrial hemp in the state. The law takes effect immediately and allows CBD to be sold outside dispensaries. Before, CBD was legal in Ohio but only in medical marijuana dispensaries. Highlights of... Read more
