Editor’s Notebook: Hemp’s climate-change opportunity
(This column appears in the November- December issue of Marijuana Business Magazine.) Everyone knows the planet’s changing temperatures are creating dramatic swings in weather that threaten our very survival. But global warming could also be the kind of problem that provides hemp companies with opportunities that former generations couldn’t... Read more
Marijuana banking excluded from $900 billion coronavirus relief package
A similar version of this story appears on Marijuana Business Daily. Marijuana banking laws will have to wait. A hoped-for change to make it easier for high-THC cannabis operators to access banking services isn’t included in the 5,593-page, $900 billion coronavirus relief bill awaiting the president’s signature, even though... Read more
HIA: Higher THC limit a ‘prerequisite’ for hemp industry stability
A higher THC limit on legal hemp in the United States is a “prerequisite” for stability in the hemp industry, according to the Hemp Industries Association. HIA Executive Director Jody McGinness told Hemp Industry Daily that the group cheers a proposed bill out this week from Kentucky Sen. Rand... Read more
Red White & Bloom borrows $60m to buy Illinois marijuana grow facility
Read more about this deal at Marijuana Business Daily. A Toronto marijuana company that has been growing hemp in Illinois, Red White & Bloom Brands, has secured a $60 million loan and signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5 million. Red White... Read more
4 considerations before choosing pesticides for hemp production
A leaffooted bug munches on hemp (Photo courtesy Ric Bessin, University of Kentucky) Accessing pesticides that can be used for hemp is one of the more challenging aspects of growing the crop – and that’s not likely to change soon. As new hemp states across the country rolled out... Read more
Michigan growing-rack producer acquires ventilation company for optimum air flow in vertical cultivation
Pipp Horticulture, a Michigan-based producer of multi-level mobile cultivation systems for the indoor farming and horticulture industries, announced Friday that has purchased Vertical Air Systems. Headquartered in Santa Cruz, California, VAS manufactures air circulation systems and related products for the global indoor vertical farming industry. Terms of the acquisition... Read more
Acreage Hempco parent company names Pfizer alum new CEO
A multistate marijuana company with properties including Acreage Hempco — Acreage Holdings Inc. — has appointed Peter Caldini as chief executive officer. Caldini has experience in both healthcare and consumer packaged goods, having served as president of pharmaceutical giant Pfizer’s divisions in North America and Europe, the Middle East... Read more
Hemp’s 2 Year Anniversary: Looking back at the Top 10 milestones
It’s been two years since low-THC cannabis known as hemp became legal after decades of prohibition in the United States. On Dec. 20, 2018, President Donald Trump signed the 2018 Farm Bill, an $867 billion measure that included seven little words that would forever change the entire cannabis industry:... Read more
Are your hemp crops safe? FSOil conducts study following the 2020 Oregon Wildfires
While Oregon wildfires raged during the month of September 2020, hemp growers and processors held their breath fearing for the well-being of their crops and subsequent products. FSOil, a CO2 extraction and processing facility located on Iverson Family Farms in Woodburn Oregon was just under 10 miles from the... Read more
DEA wins latest round against hemp operators in extraction case
A federal judge has rejected legal maneuvers by the Hemp Industries Association and a South Carolina CBD maker trying to get the U.S. Drug Enforcement Administration to clarify whether it considers temporary byproducts of hemp production a Schedule 1 substance. In an order Tuesday by the U.S. District Court... Read more
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