Regulations for Georgia’s new hemp industry are now in effect, allowing out-of-state hemp sales, hiking processing fees, and implementing transportation rules. Hemp processors would need to pay a $25,000 permit fee to the state Department of Agriculture on the first year and $50,000 every subsequent year. The fees are much higher than what Georgia set […]
Courtesy of Penn State University For a while now there’s been an incorrect yet popular belief that hemp plants have no diseases and don’t need pesticides or fertilizers. Although that mythology has persisted, horticulturists and farmers with experience growing hemp know the plant is vulnerable to diseases and disorders just like other crops, if not […]
Kristen Nichols (This is an abridged version of a column that appears in the August issue of Marijuana Business Magazine.) It isn’t just the guys and gals making high-THC products who confront illicit competition. Hemp entrepreneurs see it, too. The fact was driven home recently when a CBD manufacturer I cover got a phone call from a […]
CBD drug Epidiolex received approval from the U.S. Food and Drug Administration to treat seizures associated with a third medical condition, expanding the range of indications for the cannabis-derived medication. The orally administered drug from Britain’s GW Pharmaceuticals previously was approved by the FDA to treat seizures associated with two forms of severe epilepsy, Lennox-Gastaut […]
Hemp businesses using temporary foreign workers are going to see changing fee schedules for visas starting this fall. The U.S. Department of Homeland Security published a series of fee changes for visas on Monday. Visa programs are funded by user fees, which must be updated to cover costs. The agency is hiking fees on seasonal […]
Rocked by a global pandemic and its resulting economic havoc, thousands of CBD companies in the United States will likely shutter in 2020 – but the CBD market will remain flooded with some 1,500 brands jostling for market share, according to cannabis research firm Brightfield Group. The Top 20 over-the-counter CBD companies accounted for just […]
Jerry Mitchell was being bugged by some new kid in town to help him find a couple of joints. He turned the fellow down on a couple of occasions, but finally picked up 1/3 of an ounce of homegrown from a local source and sold it to the new kid for $5. It turned out the new kid in town was an undercover agent and Jerry was arrested, convicted and sentenced to 12 years in prison.
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(This is an abridged version of a feature that appears in the July issue of Marijuana Business Magazine.) How did a dyslexic 13-year-old who learned how to program computers, manage a mainstream pop band and build and sell a national deodorant brand come to lead a cannabis business? Michael Cammarata, the CEO of Neptune Wellness […]
Two Oregon U.S. senators want federal officials to delay implementation of the final rules for hemp growers “until regulatory obstacles are fully addressed,” they said in a letter to Agriculture Secretary Sonny Perdue. The letter from Sens. Ron Wyden and Jeff Merkley dated Thursday outlines several concerns with the 2018 interim final rules, including: The […]
The U.S. Securities and Exchange Commission is accusing six individuals of fraudulently raising $25 million from 400 investors for a part in a supposed marijuana farm and CBD extraction facility. The money was raised from people across the country between September 2017 and February 2019, according to the complaint filed Tuesday in California federal court. […]
