A CBD store in Texas has started a drone delivery service to adhere to social distancing measures to help slow the spread of the coronavirus. John Elmore, the owner of Green Cross CBD in Austin, told broadcaster KTBC that he was sterilizing products and offering curbside pickup before he... Read more
The BRN Group, a New York-based branding company, says it is still interested in buying the CBD business of Green Growth Brands, an Ohio-based retailer that announced plans in late February to sell most of its interest in a line of mall kiosks selling hemp-derived CBD products. However, the... Read more
Colorado-based CBD maker Charlotte’s Web has named a new chief operating officer to replace Stephen Lermer, who left the company Jan. 31. The Boulder company said in a release that David Panter is its new COO, effective Monday. Charlotte’s Web said Panter has more than 20 years of “global... Read more
The U.S. military and researchers at a Wisconsin university are discussing making hemp fiber to replace imported polyester and polymer in Army vehicles – a potential partnership that would return the state to the days it was the epicenter of fiber production during both World Wars. To make it... Read more
Hemp production is legal in South Dakota after a year-long battle between Gov. Kristin Noem and lawmakers. Noem signed the industrial hemp production bill Friday, which takes effect immediately and includes $3.5 million to set up South Dakota’s state production program. South Dakota farmers will have to wait to produce... Read more
(This is an abridged version of a story that appears in the March issue of Marijuana Business Magazine.) CBD is currently the fastest-growing segment in the cannabis industry, with new companies jumping into the market almost daily and retailers from big-box chains to mom-and-pops eager to stock their shelves with... Read more
A New Mexico medical marijuana company has begun exporting cannabis-based medicine to Israel. Ultra Health spokeswoman Marissa Novel said recently the company started exporting earlier this month through a partnership with Israeli pharmaceutical group Panaxai. The medicine was created using hemp grown in Bernalillo County, New Mexico. Ultra Health... Read more
A Canadian cannabis company that is ratcheting back its marijuana business, The Green Organic Dutchman (TGOD), apparently has no plans to slow hemp production. The news comes as TGOD suspended production at its processing facility in Quebec and is laying off staff. The Green Organic Dutchman has a European... Read more
A hemp processor and extractor in Texas is working to establish operations in Houston. Bayou City Hemp Co., founded by Houston natives Ben Meggs and Jeromy Sherman, has applied for hemp processing licenses through the Texas Department of Agriculture. Additionally, Texas Agriculture Commissioner Sid Miller appointed Sherman to serve... Read more
A $2.2 trillion package designed to prevent the U.S. economy from collapsing has room for hemp businesses and farms and has cleared Congress and awaits the president’s signature. The relief package allows legal hemp operators to seek loans and direct aid to keep their businesses afloat. The measure includes:... Read more
