Kentucky, Montana senators get impatient with outdated hemp rules
U.S. senators from two big hemp states are getting fed up with waiting for hemp rules on issues such as shipping hemp across states lines to get fixed, so they’re pushing federal regulators to move faster. During a forum in Kentucky on Monday, Senate Majority Leader Mitch McConnell said... Read more
Oregon finalizes hemp testing rules, suggests new fees
Hemp is booming in Oregon, so state agriculture regulators proposed another round of rules that could contribute to increased acreage. According to Canna Law Blog, the Oregon agriculture department’s proposed changes include: Lowering registration fees from $1,300 for hemp growers to $250, plus $500 for each grow site. Clarifying the option... Read more
A New Day: Landmark Farm Bill offers billions in new hemp business opportunities
Andy Graves, Joe Hickey and David Spalding / Photo by Media Collaboratory It was no ordinary White House news conference. It started with a video from the 2006 Emmy Awards of President Donald Trump singing the theme song from the 1960s sitcom “Green Acres,” which showcased a wealthy New... Read more
The Road Forward in Hemp
Those of us who have been actively building cannabis-related businesses since the legal cannabis industry’s earliest days have long understood the potential of the hemp industry. Personally, it’s fascinated me ever since I met a hemp farmer at the very first MJBizCon, which was held in Denver in 2012.... Read more
Welcome to ‘A New Day’ in hemp
Prohibition is over. Kind of. After decades of being treated like an illegal drug, industrial hemp is legal. It’s a new day for entire cannabis industry, with exciting new opportunities for a global hemp industry free of all the legal and banking troubles of the past. Or not. As... Read more
Wyoming takes another step toward hemp production
Farmers in Wyoming are getting closer to having another crop to cultivate now that the state’s Department of Agriculture has submitted a plan for hemp production to the U.S. Department of Agriculture (USDA). Last month, Gov. Mark Gordon signed the first state-level hemp law since passage of the 2018 Farm... Read more
New Mexico’s governor signs state’s new hemp regulations into law
Legislation that clears the way for the industrial production of hemp and related products in New Mexico has been signed into law. Democratic Gov. Michelle Lujan Grisham signed a bill that establishes a state regulatory framework for an emerging hemp industry. Oversight responsibilities are spread across the New Mexico... Read more
Hemp importers see victory in legal setback against US Customs
A California court is giving hemp and CBD importers reason to smile, even though a federal judge dismissed most of a CBD company’s legal challenge to U.S. Customs and Border Protection. In his decision, U.S. District Judge Jesus Bernal repeatedly said the 2018 Farm Bill makes clear that hemp shipments... Read more
Montel Williams settles CBD lawsuit over use of name, likeness
Several Arizona-based companies agreed to stop using television talk-show host and medical marijuana activist Montel Williams’ name in their CBD materials. Williams, who has his own line of CBD products, sued the companies in 2017 for wrongly using his name and image. The defendants in the settlement include Arizona-based Advanceable... Read more
Farm Credit Administration to issue guidance on hemp financial services
Hemp businesses could know as soon as next week which financial institutions they can approach for credit and lending help. The U.S. Farm Credit Administration (FCA) chairman and CEO Dallas Tonsager says that the agency will advise its 69 regional institutions on lending to hemp producers, Agri-Pulse reported. Tonsager... Read more
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