‘It’s not about hemp flavor for us; it’s what the plant does to the process:’ Q&A with a hemp-vodka pioneer
When Ben Williams added hemp seeds to his recipe while fermenting vodka, a curious thing happened: His yields got larger and what started as a hobby became a business opportunity. With friend and co-founder, Wendell Robbins III, Williams created Highway Vodka, a hemp-based spirit now sold throughout Texas, Georgia... Read more
Minnesota’s 2020 hemp harvest improving on THC fail rates
Minnesota hemp farmers are seeing improved THC testing this year, state agriculture officials report. Minnesota’s rate for “hot” hemp crops that have had to be destroyed because they exceed the legal THC limit of 0.3% is at 5%-10% this year, the Grand Fork Herald reported. In 2019, there was... Read more
Exclusive: CBD demand could drive 2020 sales of $2 billion, with threefold growth projected by 2025
Consumers are already going gangbusters for CBD in every formulation imaginable. But the current use rate for hemp-CBD products isn’t even close to what it could be when the industry sees federal regulation, which would open up mainstream manufacturing and retail markets even further. For 2019, total sales of... Read more
Self-governing British island is getting into the CBD business
The Isle of Man, a self-governing British dependency located between Ireland and England, has announced plans to create an export-only sector for hemp and cannabis products. The island government said it was seeking input on its plans for establishing and regulating its would-be cannabinoid industry, noting Friday that a... Read more
European Parliament votes to add 0.3% THC limit for hemp to EU farm policy overhaul
European flags in front of the Berlaymont building, headquarters of the European commission in Brussels. The European Parliament has voted to raise the THC limit for industrial hemp from 0.2% to 0.3% and allow hemp and hemp-derived products to be subject to European Union marketing standards. The votes came... Read more
Indiana wins USDA approval, while Tennessee bows out for another year
Indiana’s hemp regulations have won federal approval and will be in place for the 2021 growing season – while another hemp state with federal approval, Tennessee, is bowing out of the federal framework for another year. The Indiana plan was announced this week by Purdue University. Hemp there will... Read more
Congressional members sent DEA letter asking for clarity on hemp extraction rule
Nine members of Congress have asked the U.S. Drug Enforcement Administration for clarity on a rule the hemp industry says will wrongly criminalize production of extracts in some cases. The letter asks DEA administrator Timothy Shea to protect hemp producers. “Since the Farm Bill legalized hemp along with hemp derivatives,... Read more
Editor’s Notebook: Think hemp isn’t on the ballot this year? Think again
(This column appears in the October edition of Marijuana Business Magazine.) It might seem like hemp isn’t on the ballot this election cycle.  Hemp policy is not much of a talking point in the presidential debate. And in the hard-fought battle for control of the U.S. Senate, hemp entrepreneurs can rest assured that the... Read more
In Italy, a change on CBD medicine classification stokes confusion in hemp industry
Italy has added ingestible formulas with flower-derived CBD to a table of medicines in its narcotics law, paving the way for GW Pharmaceuticals’ epilepsy drug Epidiolex to hit the market there but also raising questions about the status of other CBD products. The Health Ministry’s decree sparked anger and... Read more
Pet Releaf names Papa & Barkley executive as new CFO
Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team... Read more
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