Project aims to build domestic hemp fiber supply chain – starting with 2,021 T-shirts
The U.S. hemp textiles supply chain has to start somewhere, so it might as well begin with T-shirts, according to one North Carolina-based apparel manufacturer. Developing a domestic hemp fiber supply chain in the U.S. could help create a transparent, sustainable, profitable industry that will pay farmers a living... Read more
Industry to FDA: No evidence of liver disease or elevated liver function in CBD study participants
Early results of an industry-sponsored, human-safety study on hemp-derived CBD consumption show no evidence of liver toxicity or disease in its 839 participants. The study also found no increase in the prevalence of elevated liver-function numbers compared to a group with a similar incidence of medical conditions. Those results... Read more
Losses narrow for Charlotte’s Web
Charlotte’s Web Holdings Inc. lost $15 million last quarter, a narrower loss than the same period in 2019, as the company trimmed operating expenses and posted gains in both direct-to-consumer sales and B2B sales over the fourth quarter of 2019. Still, the CBD giant based in Boulder, Colorado, saw... Read more
Chart: Significant profits still elusive for hemp manufacturers
Significant financial returns are still elusive for many hemp-products manufacturers, with only 8% of respondents to the Hemp Industry Daily survey saying their companies were “very profitable” in 2020. But the segment is getting there, with one-third of processor respondents noting their businesses were “somewhat profitable.” At the same... Read more
Key FDA official, CBD task force leader Amy Abernethy resigns
The process for regulating CBD was dealt another setback Tuesday with the resignation of Dr. Amy Abernethy, who will leave the U.S. Food and Drug Administration in mid- to late April. Abernethy’s resignation was announced in a memo from acting FDA Commissioner Janet Woodcock. Abernethy has served as the... Read more
USDA launches $6 billion-plus pandemic assistance program for farmers
Federal agriculture officials are opening up more economic assistance to farmers feeling the impact of the coronavirus pandemic and related market disruptions. U.S. Secretary of Agriculture Tom Vilsack on Wednesday announced the agency would devote “at least $6 billion” to a new initiative – the USDA Pandemic Assistance for... Read more
How to get hemp and marijuana young plants from the greenhouse into the ground
(This is the third installment in a series focused on cultivation planning for marijuana and hemp growers. The second installment is available here.) Outdoor cannabis producers often have a brief window to get their seedlings and clones transplanted during planting season. Here are a few tips for marijuana and hemp cultivators who... Read more
USPS reviewing comments on mail vape limits
The U.S. Postal Service says it is reviewing public reaction to new vaporizer mail limits in advance of them taking effect April 26. The USPS plans to ban mailed vaporizers by mid-summer after Congress approved the ban in December. USPS spokesman David Coleman told Hemp Industry Daily that public... Read more
Oregon CBD company latest to allege wrongful border seizure
Oregon hemp manufacturer We CBD is the latest to accuse U.S. Customs and Border Protection of wrongly seizing legal hemp products. The company in Sandy, Oregon, says that CBP seized 3,328 pounds of hemp biomass on Nov. 8 in Charlotte, North Carolina. The hemp was destined for an unnamed buyer... Read more
How hemp, CBD companies can vet celebrity partnerships to avoid (embarrassing) pitfalls
This story originally appeared at Marijuana Business Daily. When Canopy Growth introduced its CBD drink brand, Quatreau, to the U.S. market on March 2, the Canadian cannabis producer also announced its newest brand ambassador: American astrologer Susan Miller. Ambassadors and celebrity partnerships are familiar terrain for Canopy, already known... Read more
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