Hemp pricing data now available on Chicago Mercantile Exchange

Hemp is another step closer to being recognized as a mainstream agricultural commodity with new pricing data being added to the Chicago Mercantile Exchange. The CME Group, a diverse derivatives marketplace that enables clients to trade futures, options, cash and over-the-counter markets including agricultural products, energy and metals, announced Tuesday that customers can access hemp […]

They raised $150 million to invest in hemp companies. But they couldn’t find the right partners, forcing a pivot.

Hemp businesses won’t benefit directly from the $150 million raised by a special-purpose acquisition company that was initially established in hopes of investing in and further developing the U.S. hemp market. But a deal was made in the spirit of aligning the industry with large manufacturers in the future, according to Geoff Whaling, president of […]

Despite falling 2020 hemp acreage, Wisconsin farmers remain interested in crop’s potential

Wisconsin’s humidity and long winters make it a tough place to cultivate hemp, but the state’s recent history shows the plant can still grow in abundance. Decades of cannabis prohibition, however, means farmers are having to relearn how to grow the crop and which cultivars are best suited for Wisconsin’s climate. This was the state’s […]

Smokable hemp regulations likely won’t come before FDA’s broader CBD rules, attorneys say

Catch up on all the hemp analysis from the Hemp Industry Daily Forum at MJBizCon2020 here. Hemp flower growers and smokable hemp manufacturers impacted by state laws that have banned or restricted smokable hemp flower production and sales are worried that federal regulators could echo state-level restrictions on a national scale. But according to cannabis […]

Brazil postpones evaluation of CBD formulation for medical coverage

A version of this story originally appeared at Marijuana Business Daily International. A government evaluation to include a CBD product in Brazil’s Public Health System has been postponed. Brazil’s National Committee for Health Technology Incorporation had been scheduled to take up the question of covering the oral CBD product this week. Instead, the evaluation will […]

Tom Vilsack to be nominated as US agriculture secretary

President-elect Joe Biden will nominate a familiar hemp overseer, Tom Vilsack, for U.S. Secretary of Agriculture. Vilsack served in the same role for all eight years of the Obama administration and oversaw the USDA during passage and implementation of the 2014 Farm Bill, which allowed states to experiment with hemp production. Vilsack, an Iowan, was […]

Study: CBD oil could extend strawberries’ shelf life

University of South Florida researchers say CBD oil applied to strawberries can extend the fruit’s shelf life, potentially opening a new commercial end use for the hemp extract. A new study published in Postharvest Biology and Technology says “CBD oil has promising potential as an antimicrobial treatment to fresh produce.” USF researchers applied CBD oil […]

USDA calls on hemp operators to apply for supply-chain research grants up to $10 million

Photo courtesy Asheville Hemp Project Federal agricultural funding grantors are asking for hemp operators working toward transformational changes in the U.S. food and agriculture system to apply for research money to help develop the hemp supply chain. The program from the U.S. Department of Agriculture’s National Institute of Food and Agriculture has $150 million up […]

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