How to capture the market for customized CBD products
Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Nathan Wogman is vice president for GenCanna, a CBD manufacturer in Kentucky. The market for CBD-infused products is red hot and growing at a rapid rate. According to Brightfield Group,... Read more
New hemp research consortium attracts funding from tech and ag giants
Instrumentation powerhouse Agilent Technologies is joining forces with one of the most prominent companies in agriculture to bankroll a public-private hemp research effort aimed at increasing hemp profitability. Members of the new Hemp Research Consortium will donate $5 million for agronomic hemp research at Cornell University, North Carolina State... Read more
THC regulation disagreement stalls delta-8 ban in Washington state
Last-minute disagreements about the rise of hemp-derived THC products in Washington state derailed legislative proposals to ban the sale of delta-8 THC derived from hemp extracts. Washington lawmakers looked at several bills to address hemp-derived intoxicants but failed to arrive at a compromise. The Associated Press reports that lawmakers... Read more
Minnesota OKs trace amounts of THC in hemp products
Minnesota regulators voted to allow small amounts of THC in over-the-counter hemp products. The vote, held Wednesday by the Minnesota Board of Pharmacy, follows a decision in late 2021 by a state appeals court, which said the distinction between marijuana and hemp stops at the plant. That ruling put... Read more
Is the ‘gold standard’ in laboratory quality assurance really golden?
Susan Audino Editor’s note: This column originally appeared in the MJBizScience newsletter. Simply sign up here to get it fresh to your inbox each month. Susan Audino holds a doctorate in chemistry and is a chemistry consultant and instructor for the American Association for Laboratory Accreditation. Laboratories cannot reasonably ascertain... Read more
Texas ban on smokable hemp faces final review
It’s decision time for a Texas ban on smokable hemp, with the Texas Supreme Court set to hear arguments Tuesday about the 2019 ban that has been on hold because of legal challenges. The case will determine whether hemp producers in the nation’s second-largest state can access a sector... Read more
Cash-flow pain for your hemp business? Try receivables factoring
Editor’s note: This story first appeared in the MJBizFinance newsletter, which you can get every week delivered to your inbox. Just sign up here.) You’ve done the work. You filled the orders. The bill went out. Now you have to wait to get paid. And wait. And … wait.... Read more
Georgia retailers win restraining order over hemp-derived THC products
Cannabis retailers in Georgia won at least a temporary legal victory against an Atlanta-area district attorney who had been aggressively trying to shut down hemp-derived THC product sales. According to The Associated Press, Fulton County Superior Court Judge Craig Schwall issued a 30-day restraining order against Gwinnett County District... Read more
Texas hemp companies make their case to preserve smokable hemp production
Attorney Connie Pfeiffer argues that Texas’ ban on making smokable hemp is unconstitutional. Four Texas hemp companies asked the state’s high court Tuesday to throw out a statewide ban on smokable hemp and preserve their ability to peddle a product the enjoys booming demand. The state Supreme Court heard... Read more
Utah bans smokable hemp and CBD in food, punts hemp oversight to feds
Utah has outlawed smokable hemp and CBD in food under a new law that also punts oversight of the plant’s production to the U.S. Department of Agriculture. The law, signed by Gov. Spencer Cox Monday, makes Utah the sixth state to defer to federal authorities on regulating hemp cultivation.... Read more
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