The number of hemp producers in the Australian state of Tasmania, which produces 66% of the nation’s commercial hemp crop, has nearly doubled – and is projected to continue growing due to drought causing supply shortage in other regions, according to Australia’s ABC News. Tasmania has produced hemp for fiber... Read more
The U.S. Department of Agriculture’s (USDA) listening session on domestic hemp production last week is now available to view at the USDA Agricultural Marketing Service (AMS) website. USDA-AMS said the broadcast received an “overwhelmingly positive response,” with more than 2,000 people participating in the webinar that was designed to... Read more
The hemp industry wants faster rule-making, immediate hemp-transportation laws that were promised under the 2018 Farm Bill, common national THC-testing standards and an end to restrictions on imported seed in time for the 2019 season. Those were some of the top requests in the U.S. Department of Agriculture’s (USDA)... Read more
CBD giant CV Sciences posted $10.2 million in profit last year, a big improvement from 2017, when the company lost roughly $4.9 million, according to the firm’s year-end fiscal report. The San Diego company, which produces Plus CBD Oil products, cited distribution growth in natural-product retail locations for its improved... Read more
The hopes for legal hemp production in South Dakota came to a halt when Gov. Kristi Noem vetoed a bill approved by the state’s Legislature. Concerned that South Dakota was “not ready” for legalized hemp production because it would prove too difficult for law enforcement to regulate, Noem previously... Read more
The CEO of a beverage company recently acquired by PepsiCo is placing his bet on marijuana, joining the board of directors of and making a significant personal investment in an agriculture business working in cannabis production. Daniel Birnbaum, CEO of at-home carbonated drink maker SodaStream – which PepsiCo acquired last year... Read more
Wyoming plans to launch a hemp industry in a matter of weeks after Gov. Mark Gordon signed the first state-level hemp law since passage of the 2018 U.S. Farm Bill. Wyoming’s law gives the state an opportunity to chart its own course on the new industry instead of waiting for... Read more
Hemp and CBD industry leaders expressed mixed reactions to this week’s resignation of U.S. Food and Drug Administration (FDA) Commissioner Dr. Scott Gottlieb. Gottlieb’s resignation came just as the industry was hoping the FDA would start work on developing a framework for how cannabidiol could be regulated for inclusion... Read more
The owners of a West Virginia hemp farm were cleared of federal drug charges after they were accused of violating the federal Controlled Substances Act for purchasing seeds from Kentucky. A U.S. district court judge dismissed the case against Grassy Run Farms and its affiliated company Commonwealth Alternative Medical Options... Read more
Mile High Labs, a CBD extraction company in Loveland, Colorado, is suing a Rhode Island firm for stealing its extraction technology to secure investment from a tobacco company investing in hemp. Mile High says in its copyright-infringement lawsuit filed Tuesday that privately held CBD extractor Canadian American Standard Hemp (CASH)... Read more
