Hemp Industry Daily to resume publishing Monday
Hemp Industry Daily is closed for the Independence Day holiday and will resume its usual publishing schedule on Monday. Read more
Denver CBD drinks company sues Nashville business, alleging copyright infringement
A Denver company that sells a line of CBD sports drinks is suing a Tennessee beverage company for copyright infringement, alleging the Nashville business is selling products with almost identical names as the Denver brand. The June 26 lawsuit from Defy LLC filed in Colorado federal court says Defiance... Read more
HIA names executive director, partners with industrial hemp group on marketing checkoff effort
The Hemp Industries Association has named former marijuana activist Jody McGinness as its new executive director. After a months-long search with nearly 100 qualified candidates, the national hemp association selected McGinness, a veteran association executive in the non-profit sector. McGinness last served as the head of fundraising for the... Read more
California hemp farmers trying to stop planting restrictions dealt legal blow
A county court has ruled against a group of California hemp farmers who wanted to block a local ordinance restricting where the plant can be grown. The Coalition for Agricultural Rights sued San Luis Obispo County after local government officials voted in May to require 2,000-foot setbacks for 400-acre... Read more
‘Cash is king’ for expansion opportunities and Covid cushion: Q&A with Charlotte’s Web CEO Deanie Elsner
Corporate leaders in the CBD industry are increasingly coming from the consumer packaged goods universe, lending their experience and asking the hard questions to whip the nascent hemp industry into shape and navigate the enormous growth that entrepreneurs foresee in the market. Deanie Elsner joined Charlotte’s Web as CEO... Read more
Overheard at HIDC: CBD, CBN ‘are coming in a big way’
CBD first captured the attention of cannabis consumers, but other cannabinoids, such as CBG and CBN, may be ready to make a splash soon. That’s according to Blake Patterson, co-founder and CEO of MarketHub Retail Services, who took audience questions during at roundtable Wednesday at the Hemp Industry Daily Conference... Read more
Overheard at HIDC: Hemp industry must guard against cutting corners
U.S. hemp producers have been scraping together a supply chain of processing and retail since 2014, and the work isn’t done. But the industry needs to work together to protect the supply chain even as it’s developing, said Chad Rosen, CEO of Victory Hemp Foods in Kentucky. Talking about... Read more
Editor’s Notebook: Why the hemp industry is well positioned for an extended recession
(This is an abridged version of a column that appears in the July issue of Marijuana Business Magazine.) Reading the business-page headlines these days, hemp pioneers can be forgiven for chuckling at how large and esteemed industries have no idea how they’ll survive when faced with the kinds of... Read more
Colorado company that sold CBD in Dick’s Sporting Goods stores files for bankruptcy
A Colorado-based CBD company that sold a line of cannabidiol products at Dick’s Sporting Goods stores nationwide has filed for Chapter 11 bankruptcy protection. Myaderm, a company in Englewood, said in its June 28 bankruptcy filing that it owed creditors somewhere between $1 million and $10 million. The company... Read more
Texas university, firm to study lighting effects on hemp terpenes, other molecules
The University of Texas at Arlington is partnering with a grow-light company to research different lighting effects on terpenes and other molecules in hemp. UTA’s Kevin Schug and the university’s Collaborative Laboratories for Environmental Analysis and Remediation is working with Curtis Mathes Grow Lights Inc., the company announced Tuesday.... Read more
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