Canada hemp producers say acreage, exports up 20% this year

Canada’s hemp acreage and export value are both up more than 20% this year, the Canadian Hemp Trade Alliance reported after its annual gathering. “The Canadian hemp industry continues to grow in 2020 despite the challenges posed by COVID-19,” CHTA board chairman Keith Jones said in a statement after the group’s annual meeting, held online […]

Memphis CBD company gets $50K grant from state agribusiness fund

The Tennessee Department of Agriculture has issued a $50,000 grant to a CBD business through a program aimed at supporting agribusinesses that have a positive impact on the state. The award to Rossville-based Hemp2Lab comes from the Agriculture Enterprise Fund, which was created in 2017. Since then, the fund has doled out $4.3 million to […]

Wyoming lawmakers reject ban on smokable hemp, CBD products

Wyoming state lawmakers have rejected a bill to ban smokable hemp and products containing CBD. The proposal came at the request of law enforcement who say they have no way of distinguishing between marijuana and hemp when they’re on patrol, the Casper Star-Tribune reported. A state Senate committee defeated it earlier this week During testimony […]

Vertical Wellness buys California candy maker for expansion into CBD edibles

Hemp products manufacturer Vertical Wellness Inc. has bought a candy-making company to expand its reach into the edibles market. Vertical Wellness CEO Smoke Wallin said purchasing The Organic Candy Factory, based in California, is a “perfect segue” to expand into selling gummy-bear infused CBD products, Reuters reported Wednesday. The candy company currently doesn’t make cannabis-infused […]

Colorado extraction company taps cannabis veteran to lead expansion into Europe, South America

A Colorado extraction company has hired a new director of sales. Greeley-based Vantage Hemp Co. said in a news release Tuesday Christian Santi’s responsibility will be to expand the company’s sales in the U.S., Europe and South America. “The addition of Christian to our team reinforces our promise for data-driven, consistent and premium CBD extracts […]

Mexico advances modified cannabis legalization measure

Get in-depth analysis on Latin America hemp and marijuana markets from MJBizCon’s Passholder Days. It’s all available to you on demand. Mexican lawmakers have advanced a measure to legalize industrial hemp and recreational marijuana, setting a 1% THC limit for hemp and allowing adults to possess up to 28 grams of marijuana. A group of […]

Hemp ingredient supplier buys Colorado extraction, processing facility

A wholesaler of hemp-derived ingredients has acquired a Colorado-based processing and extraction company. Kadenwood’s EcoGen Biosciences of Grand Junction, Colorado, is adding a 50,000-square-foot production campus in Delta, Colorado and 165 acres of farmland as part of the deal. Terms were not disclosed. EcoGen said in an announcement this week that “the newly added facility […]

Harvest Recap: Florida climate challenges new hemp industry

Editor’s note: Get up-to-date insights on growing conditions in all states at the Hemp Industry Daily Forum at MJBizCon. See the packed agenda of hemp discussions and insights here. Florida’s inaugural year of hemp cultivation has been a challenging one, with the state’s tropical climate proving that seed varieties that work elsewhere just don’t function […]

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