Overheard at HIDC: Collaborate to strike distribution deals for smokable hemp and other hemp-derived products

“Pigs get fat, hogs get slaughtered” – and that’s a good way to think about seeking out large distribution deals for smokable hemp products, according to Jackson Garth, CEO of Verde Leaf Group, an Atlanta-based vertically integrated hemp operator. Garth told entrepreneurs at the Hemp Industry Daily Conference Direct what he meant by that idiom […]

Former Marine Amy McGrath wins Democratic primary to face U.S. Sen. Mitch McConnell

Retired Marine fighter pilot Amy McGrath is the Democratic Party’s choice to challenge Republican incumbent Sen. Mitch McConnell this November. The Associated Press on Tuesday afternoon called the race for McGrath over state Rep. Charles Booker, one week after Kentucky’s U.S. Senate primary election. The call came as absentee ballots were being counted. McConnell, the […]

Overheard at HIDC: As hemp industry was being established, CBD’s popularity was unexpected

CBD’s surge in popularity over the last few years was a surprise to the hemp industry, which first envisioned other uses for the plant, including fuel and fiber for textiles, according to a Denver-based attorney. “Laws are shaped by the products and activities we envision,” Andrew Livingston, director of economics and research at the law […]

FinCEN reminds banks to treat hemp businesses equally to any other business

Officials from the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued guidance Monday to address banks’ questions about servicing hemp-related business customers. The guidance reminds banks that filing Suspicious Activity Reports (SARs) is not necessary when working with hemp businesses because hemp is federally legal and no longer listed as a controlled substance. FinCEN […]

University of Texas-Arlington teams up with company to study lighting effects on hemp terpenes, other molecules

The University of Texas at Arlington is partnering with a grow-light company to research different lighting effects on terpenes and other molecules in hemp. UTA’s Kevin Schug and the university’s Collaborative Laboratories for Environmental Analysis and Remediation is working with Curtis Mathes Grow Lights, Inc., the company announced Tuesday. Curtis Mathes Grow Lights is a […]

Oregon hemp producer leverages partnerships, retail presence to get national exposure, expand its footprint

(This is an abridged version of a storythat appears in the May-June issue of Marijuana Business Magazine.) While still fairly small, East Fork Cultivars has become one of the most respected cannabis cultivators in the Pacific Northwest. The family-run business based in Takilma, Oregon, wants to increase its profile this year while capitalizing on national […]

Overheard at HIDC: Hemp sales jobs are hot, while cultivation sector getting crowded

The listing economy has job-seekers flooding into the marijuana and hemp sectors looking for work. Savvy operators already in the industry are shifting roles to stay employed and get an edge on the competition. The smartest pivot right now? Moving from cultivation to a sales role, according to industry executives who shared hiring trends at […]

Overheard at HIDC: Lawyers can bite even if FDA doesn’t

CBD manufacturers in the U.S. have more to worry about than confusing regulations about how the extract can be legally made and sold. They’ve also got to keep an eye on the court dockets. That’s because plaintiffs’ attorneys are stepping in to challenge CBD companies in an absence of clear rules, according to Jonathan Havens,  […]

Hemp Industry Daily Conference Direct keynote speaker Dia Simms calls for cannabis industry to ‘be audacious’

Sia Simms The Hemp Industry Daily Conference Direct and MJBizConNEXT Direct kicked off today with a virtual keynote speech from Dia Simms, an award-winning entrepreneur and member of BRN Group, a New York-based cannabis tech company. Simms called on the cannabis industry to move in unison to overcome over a century of stigma, to think […]

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