After spending years as a niche item in specialty stores, CBD-infused products have found their way onto the shelves of prominent retailers – and the ingredient’s presence and availability may yet increase. This week, CBD companies announced a number of new distribution deals. Consider: Southeastern Grocers joined the CBD category, announcing it will begin selling […]
A strong uptick in doctor prescriptions and coverage from health insurers is being credited for solid quarterly revenues for GW Pharmaceuticals. The London-based firm that makes cannabis-derived CBD medicines reported revenue of $91 million for the third quarter ended Sept. 30, up more than 3,500% from the same period a year ago. Despite the revenue […]
CV Sciences, a San Diego-based CBD manufacturer, reported revenue of $12.6 million for the third quarter ended Sept. 30, down more than 7% from the same period a year ago. Profit for the quarter was $8.4 million, down 15% from the prior year. The results fell well short of analyst expectations even as the company […]
To honor both those who have bravely served and those who still suffer due to federal cannabis laws, Nevada NORML will be hosting a unique event on Veteran’s Day. The virtual lobby day, a lobbying event done entirely through electronic means, will raise awareness of the many federal pieces of legislation that could benefit veterans.
The hemp at Triple C Farms near Sisters, Oregon, has recovered from a damaging August hailstorm. (Photo by Matt Cyrus) The agency setting baseline national minimums for hemp production says growers should tax themselves to promote the new crop. A top official with the U.S. Department of Agriculture (USDA), Heather Pichelman, said Monday in the […]
A cancer specialist from Houston has been tapped to take control of the U.S. Food and Drug Administration, which is reviewing its CBD policy. President Donald Trump on Friday picked Dr. Stephen Hahn of the MD Anderson Cancer Center to permanently lead the agency, pending congressional affirmation. The 59-year-old oncologist would replace Dr. Scott Gottlieb, who […]
Farmers drying hemp should treat their crops like hay and watch for overheating. That’s the warning in the wake of a Pennsylvania fire this week in a shed that had been converted to a hemp dryer in Lancaster County. The blaze cost farmer Alvin Esh about $5,000 to $6,000 worth of hemp, he told The Lancaster […]
For many first-time hemp farmers, 2019 is being written off as an expensive learning experience that they can apply to future crops. But for farmers who grew hemp this season in a Hail Mary attempt to make up profits lost from decreasing prices for row crops, dairy and livestock – and, in many cases, to […]
Seriously, no one is doing this.
Nationwide hemp production rules that took effect Thursday come with new federal protections for the crop. Starting in the 2020 growing year, cultivators licensed under federally approved production programs will have the same access to federal loans, crop insurance, disaster assistance and conservation programs that farmers of other commodities have under the U.S. Department of […]
