Atlanta hemp company taps industry insider to test, validate CBD line

The president of the Cannabinoid Industry Association is joining an Atlanta-based hemp company, Verde Leaf, to lead testing and product development for a new subsidiary making CBD products. Priscilla Agoncillo will be board chairwoman and president of Medadex Pharma, a new subsidiary of the privately-held hemp grower and processor. Agoncillo will remain president of CBDIA’s […]

How hemp, cannabis growers use technology, automation to cut costs amid pandemic

(A version of this story originally appeared on Marijuana Business Daily.) Hemp and cannabis cultivators are turning to technology and automation to help achieve efficiencies, cut costs and keep workers safe during the coronavirus pandemic and the current economic downturn. Growers report technology and automation solutions include: Automated irrigation, fertigation and HVAC systems to limit […]

Slideshow: Honoring the top canines in cannabis on National Take Your Dog to Work Day

Meet the top dogs at Heroes of the Farm! Mr. Tony Chubbs Job Title: CEO, Boss, Farm Regulator, and Farm Mascot Job Responsibilities: Day-to-day activities include overseeing all farm staff, barking at every car that enters the property, running the show, and being an overall bada**. Mad Maxine Job Title: CEO in Training Job Responsibilities: […]

Credit unions get new guidance on working with hemp businesses

Officials from the National Credit Union Administration have outlined additional information on serving legal hemp businesses. A letter issued this week points out that hemp-related businesses have also been affected by the COVID-19 pandemic and that it is “important that credit unions stay current with the federal, state and Native American tribal laws and regulations […]

NORML Remembers Dr. Lester Grinspoon

Dr. Grinspoon’s extraordinary personal commitment to advancing both marijuana policy and the NORML organization demonstrated his deeply held belief that we all have an obligation to fight injustice whenever and wherever we find it.
The post NORML Remembers Dr. Lester Grinspoon appeared first on NORML.

Canadian and Spanish hemp companies team up to distribute CBG in Canada

A Canadian biotechnology hemp company is entering an agreement with a Spanish company to produce and distribute a THC-free, high -CBG variety of the plant in Canada. Ottawa-based Cannabis Orchards’ partnership with Hemp Trading to get the hemp variety, called Panakeia, into the Canadian market comes after “successful distribution” of it in the United States, […]

NY hemp company lands $100 million in acquisition restructuring plan

Multistate marijuana operator Acreage Holdings is getting $100 million to shore up a hemp-focused subsidiary, part of a restructuring announced Thursday with Canadian marijiana giant Canopy Growth Corp. Canopy announced plans tro acquire Acreage last year. The restructuring includes a loan from Canopy so that Acreage’s hemp subsidiary, called Acreage Hempco, can “participate in the […]

‘This is your moment:’ 5 tips on hemp investing from top analysts

Investors looking for a cannabis investment with less risk than the THC market have been snapping up hemp investments. But with falling crop prices, regulatory uncertainty, and a pandemic that has put the brakes on retail sales, it’s become a foggy picture for investors. It’s not all bad, however. There are still potential investment opportunities […]

UK down-schedules CBD drug to lowest level for controlled drugs

The United Kingdom has down-scheduled Epidyolex to the lowest level of control for drugs, greatly easing restrictions on the cannabidiol medicine and reducing red tape for companies that supply it. The new classification came into force Wednesday. “This will reduce administrative processes for companies wanting to supply Epidyolex to patients with severe epilepsy,” according to […]

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