Congressional members sent DEA letter asking for clarity on hemp extraction rule

Nine members of Congress have asked the U.S. Drug Enforcement Administration for clarity on a rule the hemp industry says will wrongly criminalize production of extracts in some cases. The letter asks DEA administrator Timothy Shea to protect hemp producers. “The DEA must specify their requirements and streamline hemp directives by clarifying the legal means […]

Pet Releaf names Papa & Barkley executive as new CFO

Colorado-based Pet Releaf, maker of CBD products for pets, has named Rod Millott as its new chief financial officer. The position was newly created as the company experiences “momentous growth,” said Stephen Smith, Pet Releaf co-founder and president. “We are thrilled to welcome Rod to the Pet Releaf team and are confident he will make […]

Where is the CBD sector headed? Get new market insights from retail insiders

There’s no question that CBD has driven much of the hemp industry’s growth in recent years. Despite ongoing legal uncertainty, falling wholesale prices and nagging questions over the cannabinoid’s effects, the CBD market continues to expand. That’s why Hemp Industry Daily is asking two CBD sector experts to share the very latest on where the […]

What they’re saying: 7 takeaways from the contentious DEA rule on hemp extracts

The hemp industry is voicing concern about a U.S. Drug Enforcement Agency rule that opponents argue would make extracts a Schedule 1 controlled substance during a period of the extraction process when the plant’s THC levels rise above what’s allowed. The DEA published the rule in August to align its regulations with hemp legalization under […]

Another 6 states, 3 Indian tribes get hemp cultivation plan OK from USDA

Six more states and three Indian tribes have gotten their hemp cultivation plans by the U.S. Department of Agriculture. The states that received approval are Illinois, Indiana, Michigan, New Mexico, Oklahoma, and South Dakota. The total number of approved plans stands now at 69, according to Marijuana Moment. The Comanche Nation, the San Carlos Apache […]

Text-message ads from hemp, marijuana companies spur spam-related lawsuits

(A version of this story first appeared at Marijuana Business Daily.) A legal and financial liability has emerged over the past two years threatening the coffers of hemp and marijuana businesses: class action lawsuits filed by recipients of unwanted text-message advertisements who allege they’re getting spammed with deals and sales. To date, at least a […]

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