Texas hemp company acquires Kentucky-based processor

Dallas-based Generation Hemp Inc. has acquired a processing company in Kentucky with a 48,000-square-foot facility for $5.1 million. The acquisition of Halcyon Thruput LLC  will be payable in $2.5 million of restricted common stock, $1.75 million in cash and a $870,000 promissory note, Generation Hemp said Tuesday. Generation Hemp will also take over $1 million […]

USDA approves Rhode Island, Luiseno Indians hemp plans

With just a few days left before changing oversight, the U.S. Department of Agriculture has approved the hemp-regulation plans of Rhode Island and the Soboba Band of Luiseno Indians in southern California. Rhode Island will charge interested hemp producers: $250 application fees. $2,250 license fees, with a license valid for two years. Rhode Island doesn’t limit […]

FDA says it seeks ‘real world data’ to fill in CBD research gaps in ‘end of administration’ update

Federal food and drug officials said Friday that they plan to fill in current CBD research gaps with “real world data” — but industry advocates are frustrated that regulators haven’t done enough to clear up the rules, which has caused supply-chain bottlenecks while leaving consumers to navigate an increasing field of unregulated products. An update […]

California bill to legalize hemp extracts in food, drinks, includes ban on smokable flower

California lawmakers will be faced again with the long-debated question of whether to allow hemp extracts in food and beverages in the state when the legislative session opens Monday, but this time the proposal comes with a twist: The measure would also ban smokable hemp flower – an increasingly popular and unregulated segment of the industry. […]

Vermont to conduct ‘contactless’ inspections of hemp operators during COVID

Vermont will be conducting contactless inspections of hemp operators to limit person-to-person contact during the pandemic. The Vermont Agency of Agriculture, Food and Markets says the inspections will begin with a phone call, followed by an email and an online form to gather information about number of harvested lots, yields, and results of contaminant testing, […]

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