Anoher Kentucky hemp producer is seeking bankruptcy protection. Atalo Holdings cited “confounding guidance” from regulators and “unforeseen market forces” in announcing the Chapter 7 filing late Friday. Atalo chairman Andrew Graves said in a statement that the company hopes to continuer operating while bankruptcy proceeeds. Graves called his company “an attractive opportunity for a timely new […]
California-based KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, is ratcheting back its hemp revenue predictions. The company told investors Friday that it’s retracting its 2020 hemp revenue guidance of $25 million. The announcement came as the firm announced it will miss this quarter’s revenue estimates. The company cited a “slower-than-anticipated rollout […]
Georgia has federal approval to oversee hemp production in 2020 and is planning to start taking applications later this month. But the state has yet to settle how it plans to pay for its hemp program. Georgia’s hemp plan cleared the U.S. Department of Agriculture last week, an approval states need in order to have […]
Coming in hot at the end of the legislative session, state lawmakers in South Dakota sent an industrial hemp bill to Gov. Kristi Noem to sign after clearing the proposal to legalize hemp production and develop a state plan on Thursday. Noem has indicated she will sign the bill, which includes the $3.5 million budget […]
Hemp advocates and food-safety regulators in Germany are at loggerheads over whether all forms of cannabinoids require additional scrutiny before they can be sold in foods and drinks. The dispute came to a head last week when the European Industrial Hemp Association released a statement that the German government agrees that foods containing hemp-derived CBD aren’t […]
Throughout the city, we’ve been making sure that criminal justice advocacy stays at the forefront of the social cannabis community’s mind. From staying up to date on the happenings of the legal adult use industry to the patient and consumer rights that we stand for, we’re going into March with an even stronger, fired up passion for reform.
Idaho lawmakers defeated a measure that would have legalized hemp, leaving the state as one of three in the country that don’t allow the crop. The measure was voted down in a House committee Wednesday, The Lewiston Tribune reported. Some opponents said the change could lead to marijuana legalization, while others argued that Idaho should not participate […]
On March 12th, the House Veterans Affairs Committee (HVAC) passed two separate pieces of legislation pertaining to cannabis policy.
(Editor’s note: This is part of an occasional series on California’s hemp industry. To read the previous installment, click here.) California hemp and CBD producers were hoping for speedy action this year on a long-debated proposal to clear a path for hemp extracts in foods and drinks. But old disagreements between hemp and marijuana interests in […]
A U.S. company accused of growing marijuana in Myanmar says the crop was actually hemp. But the country doesn’t differentiate between the two plants and sentenced one of the company’s workers to prison for 20 years. The Myanmar man sentenced to prison, Shein Latt, acknowledged he was responsible for installing an irrigation system at the […]
