REM Technologies Introduces Breakthrough THC Remediation Solution – the D970L and D915L remediation systems – where THC removal has never been more clean, fast, and reliable.
Erlanger, KY – REM technologies, a US-based game-changer focused on providing the best THC (tetrahydrocannabinol) removal solution in the world, introduces two of its most advanced technologies to date; D970L and D915L remediation systems. The novel harmonic distillation remediation technologies are the first of their kind because it solves... Read more
Report: CBD could spark booming market in Canada if it’s legalized for health products
CBD has “significant potential for growth” in Canada if the government were to allow the cannabinoid in natural health products, a think-tank predicts. A report released this week by the Canadian Health Food Association estimated the CBD market in Canada at CAD $1.9 billion ($1.44 million), with immense potential... Read more
UK investor says California CBD company lied to lure investment
A California CBD company is being sued by a British investment firm that argues it was duped into offering a nearly $1 million loan that the CBD company has so far failed to pay back. Henley Finance filed a complaint in federal court last week alleging that CBD supplier... Read more
Navajo Nation lawsuit alleging illegal grow operation can proceed, court rules
A New Mexico district court declined to dismiss a lawsuit from the Navajo Nation Department of Justice that accuses a tribal member of an illegal hemp-growing operation. A Shiprock District Court judge made the ruling Sept. 10 in response to a request from Dineh Benally, who is allegedly growing,... Read more
Wildfires destroying hemp crops in California, Oregon
Wildfire smoke makes the sky eerily orange near East Fork Cultivars in Takilma, Oregon on Friday, Sept. 11, 2020 (Photo courtesy Nathan Howard) Massive wildfires burning up and down California and Oregon are ravaging hemp farms, destroying an untold number of properties and causing millions of dollars in losses.... Read more
Hawaii, Virginia eliminate in-state hemp regulation while USDA approves Utah and tribal production plans
Two more states – Hawaii and Virginia – have opted to halt in-state regulation of their production plans, meaning growers in those states will now need to apply for a hemp production license directly from the U.S. Department of Agriculture. According to the USDA’s website tracking the status of... Read more
Federal hemp underreporting is a huge problem for the industry – but there’s still time
(Editor’s note: This story is part of a recurring series of commentaries from professionals connected to the hemp industry. Hopp is director of hemp markets for PanXchange, a hemp pricing and tracking agency.) Federal numbers on nationwide acres in certain crops are always a hot topic in the agri-community.... Read more
Charlotte’s Web swings to loss in Q2, citing pandemic and operating expenses
Charlotte’s Web Holdings, a CBD manufacturer in Boulder, Colorado, lost $14.4 million last quarter as the coronavirus pandemic slowed retail sales and operating expenses rose 82% from the same period a year ago. The company announced a plan to reduce operating expenses by 10% by the end of 2020,... Read more
In Colombia, companies race to create hempseed suited for tropical climates
Geneticists worldwide are racing to breed a cannabis seed not yet in existence: One that thrives in climates with only 12 hours of daylight all year but remains low in THC. Long the province of illicit criminals and smugglers, cannabis genetics now draw top botanists as a growing number... Read more
Synthetic cannabinoid partnership devolves into $881 million lawsuit
(A version of this story first appeared at Marijuana Business Daily.) A cannabis research and development deal hailed just last March as a $300 million partnership has morphed into a nearly $1 billion court battle. New York-based Lavvan filed an $881 million suit against its partner, California-headquartered Amyris, alleging... Read more
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