A rural Oregon hemp-extraction company is warning of 90 layoffs because of a permit delay. Evergreen State Holdings sent notice about the potential layoffs to Oregon authorities last week, the Portland Business Journal reported. Located about two hours east of Portland, the company said it received a stop-work order from the Oregon Building Codes Division […]
(Editor’s note: This is part of an occasional series on retailing trends in the hemp industry. To read the previous installment, click here.) Mainstream retailers from grocery stores to pharmacies and even clothing merchandisers are clamoring to stock hemp and CBD products. Even as the industry waits for federal clarification on making and using of extracts […]
(Editor’s note: This is the second in a series of Q&As with hemp industry speakers who will appear at MJBizConINT’L, Sept. 4-6, in Toronto. To read the previous Q&A in this series, click here.) Industrial hemp is big business – and it’s only going to get bigger as investors around the world begin to pile money into […]
Connecticut-based BR Brands, which owns and distributes a range of marijuana and hemp products, acquired Mary’s Brands, the Colorado maker of a cannabis skin patch. Terms of the acquisition were not made public. After the deal closed, Mary’s Brands CEO Lynn Honderd stepped down as CEO but remains an adviser. Mary’s Brands include: Mary’s Medicinals, […]
US Surgeon General Dr. Jerome Adams has a warning for pregnant women and teens when it comes to weed.
A Colorado hemp extraction company seeking the return of roughly 7,000 pounds of hemp biomass after it was seized in Idaho asked a federal court to override the state and affirm that hemp transportation is legal. But Idaho lawyers say the Colorado company – Big Sky Scientific of Aurora – “jumped the gun” when it shipped hemp […]
A Kentucky company planning to develop hemp-derived wood products has begun production even as it appeals a 25% tariff on some equipment from China. Fibonacci opened its $5.8 million facility in Murray, Kentucky, this week. The company, which plans to employ 25 people making hemp-based wood products such as flooring and furniture components, is appealing a tariff […]
The deadline for submitting nominations for Marijuana Business Daily’s inaugural MJBizDaily Awards is Saturday. The awards, which will be held during MJBizCon Week (Dec. 7-13) in Las Vegas, will recognize the top companies, individuals and organizations participating in the global cannabis industry. The MJBizDaily editorial staff will choose the winners in the awards categories that cover different […]
Federal crop insurance is finally coming to some hemp farmers as the U.S. Department of Agriculture (USDA) takes more steps toward adopting new rules for hemp production. Industrial hemp farmers producing hemp for fiber, flower or seeds will be eligible for crop insurance coverage under the Whole-Farm Revenue Protection (WFRP) program for the 2020 crop […]
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the August issue of Marijuana Business Magazine.) Smokable hemp has taken hold with consumers. The unlikely trend has given hemp producers new market opportunities – and a new set of legal headaches. It seems that consumers […]
