A Chinese sweetener company is moving into the hemp-derived CBD sector with plans to invest $60 million in a hemp processing facility in the Midwest. Layn Corp., based in the Guangxi province of China and best known for its stevia and monk fruit ingredients, plans to extract CBD from... Read more
Alaska wants to reward hemp farmers who use certified varieties with lower THC testing fees, a national first in the state’s long-delayed proposal for regulating commercial production. The proposed regulations – issued more than a year after Alaska authorized hemp cultivation – gives would-be entrepreneurs a first look at how... Read more
A Toronto-based hemp and CBD investment company has tapped the former president of Kellogg North America Co. to lead its planned expansion. Heavenly Rx, a subsidiary of Sol Global Investments, announced Monday that Paul Norman, former President of North America for the $13 billion food giant Kellogg’s, will be its new CEO. The announcement comes... Read more
An Arizona cannabis company said Tuesday it has signed a landmark agreement to bring its CBD products to more than 10,000 gas stations, convenience stores and other retail locations in the United States. The partnership between Phoenix-based Harvest Health & Recreation and the Asian American Trade Associations Council (AATAC)... Read more
Hemp and cannabidiol legalization could become a reality in Louisiana following the state Senate’s 34-2 vote on a bill to allow production and sales. Supporters of the bill say legalizing hemp production would allow farmers to diversify their crops and creating CBD regulations for businesses in Louisiana would end... Read more
Nebraska is one of the last remaining Western states to approve hemp production after Gov. Pete Ricketts signed a bill that will recognize the plant as a viable agricultural crop. The Nebraska law cites a need to “open up new commercial markets for farmers and businesses” through the sale of... Read more
The cannabis industry wants a single set of rules, but entrepreneurs aren’t sure what those rules should be. At Friday’s landmark cannabis review by the U.S. Food and Administration (FDA), CBD manufacturers joined with academics, consumer packaged goods manufacturers and agriculture officials to ask a panel of regulators to... Read more
Farmers in Arizona will start planting legal hemp crops Friday, as the 2019 season officially gets underway under a set of rules established by the state’s agriculture department. The season is starting two months earlier than planned, thanks to legislation signed into law in February by Gov. Doug Ducey. But... Read more
ColorPoint’s greenhouse facilities will be home to hemp clones (pictured), unrooted cuttings and year-round indoor hemp crops. (Photo courtesy of ColorPoint) One of the largest greenhouse operations in the United States is leaving ornamental bedding plant production behind and instead placing its chips on the burgeoning Kentucky hemp industry.... Read more
A Colorado hemp company seeking the release of plants seized earlier this year in Idaho won a powerful ally this week when the U.S. Department of Agriculture said the hemp should not have been taken. The USDA said in a nonbinding legal opinion that hemp transportation was guaranteed last... Read more
