Farmers moving to hemp production could cause shortages of other crops, including Christmas trees. Consumers should make their yearly pilgrimage to pick out the perfect tree for the holidays sooner than later, according to experts, because some tree farmers have pivoted away from the crop to concentrate on faster-growing, more profitable crops such as hemp. […]
Wisconsin has become the first state to adopt hemp expansion after seeing how federal agriculture regulators want to manage the new crop. Wisconsin Gov. Tony Evers signed a bill into law directing the state’s agriculture department to mirror production guidelines released in October by the U.S. Department of Agriculture. The new Wisconsin hemp law: Charges farmers […]
Green Growth Brands, an Ohio-based cannabis retailer that owns both marijuana dispensaries and the nation’s largest chain of CBD retail locations in mall kiosks, reported a loss of $30.2 million for the fiscal first quarter ended Sept. 30. The company lost $2.8 million in the same period a year ago. Company executives attributed the current losses […]
Federal health officials are standing firm against cannabidiol use in food, issuing a fresh round of warnings to companies making CBD edibles. The U.S. Food and Drug Administration (FDA) said Monday that it “cannot conclude that CBD is generally recognized as safe (GRAS) among qualified experts for its use in human or animal food” based […]
The nominee to take charge of the U.S. Food and Drug Administration (FDA) says he wants to see more research to answer “open and unanswered questions” about CBD. Dr. Stephen Hahn, a cancer specialist from Houston who is awaiting Senate confirmation to lead the FDA, is telling U.S. senators that CBD already has “a pathway […]
CBD manufacturers have seen wide adoption of their products into mainstream retail chains in recent months, so why aren’t they turning profits as rapidly as expected? The federal government is the culprit, according to some. CV Sciences and Charlotte’s Web are among the cannabis companies that pointed to delayed federal CBD regulations as they reported […]
The federal plan to test hemp for THC will damage the industry, according to two Oregon senators who are pushing back on rules from the U.S. Department of Agriculture. Sens. Jeff Merkley and Ron Wyden, both Democrats, say the USDA hemp production rules lay out THC testing requirements with “potentially harmful effects” for the new hemp industry. […]
Federal health regulators say the lack of scientific data about cannabidiol explains their delay issuing new guidance on over-the-counter CBD. The U.S. Food and Drug Administration continues to accept comments on hemp- and cannabis-derived ingredients, months after the comment period closed, according to Sharon Lindan Mayl, senior policy adviser in the FDA’s Office of Food Policy […]
Idaho Gov. Brad Little issued an executive order aligning the state’s law enforcement activities with federal statutes to allow the transport of hemp across the state. The Republican governor issued the order in the wake of the U.S. Department of Agriculture interim rule published on Oct. 31. Little said Idaho is likely in conflict with […]
(Click on the orange arrows to advance the slideshow.) The MJBizDaily Awards recognize excellence and impact in the cannabis industry. At this year’s MJBizCon in Las Vegas, we will celebrate the individuals and companies that propel the cannabis industry forward. Set for the evening of Dec. 12 at The Cosmopolitan, the inaugural MJBizDaily Awards Gala will include presentations of […]
