A Kentucky hemp producer has secured a sizable loan to help grow its business in 2020. AgTech Scientific, a privately held hemp and CBD company in Paris, Kentucky, said it has closed a $30 million business loan with Truist Financial, a Charlotte, North Carolina-based bank holding company formerly known as BB&T. “We are honored to […]
In 2020, one in five lots of hemp will need to be destroyed because the plants exceed the legal THC limit, according to new estimates from the U.S. Department of Agriculture (USDA). These USDA estimates are some of the figures outlined in Hemp Industry Daily’s new special report, “USDA Hemp Rules: A Handbook for Hemp […]
Have a sales plan. Consider hemp markets beyond the flower. And get ready for a bumpy ride. Those were among the many business takeaways from the 2019 Hemp Industry Daily Forum on Tuesday at the Las Vegas Convention Center during MJBizCon Week. The forum drew more than 500 entrepreneurs from all sectors of the hemp supply […]
Researchers reported, “Compliance with laws restricting stores to selling recreational marijuana to individuals 21 or older presenting a valid ID was high. … Refusal rates exceeded those for alcohol.”
Maine currently holds the record for taking the longest to roll out its marijuana retail program. What happened in the Pine Tree State, and how can the next states to legalize avoid what went down there?
Many farmers sold hemp biomass for under the set floor price of $1 per CBD point during the International Hemp Auction and Market in Franklin, Tennessee, in late November. (Photo courtesy of Casey Flippo) Optimism around a three-day hemp auction in Tennessee turned to disappointment when producers found way more sellers than buyers, driving prices […]
An Iowa CBD retailer was arrested after allegedly selling products containing cannabidiol to police. Lacie Navin, the owner of Your CBD Store, in Ankeny, Iowa, was arrested as part of a task force investigation into businesses selling CBD in the area after multiple complaints. According to police, this is the first arrest in the state […]
Garden State NORML and cannabis consumers across New Jersey are calling on legislators to find an immediate solution to stop arresting nearly 100 people every day for possessing small amounts of marijuana.
The CBD marketplace grows more crowded by the day, with manufacturers struggling to gain market share in a sea of CBD products all claiming to be the most effective. That makes branding and marketing essential for even a savvy cannabis entrepreneur hoping to gain traction in a confusing and congested market, where every product starts […]
New York, NY – The Drug Policy Alliance has named Maritza Perez the new Director of its Office of National Affairs. In this role, Perez will lead the organization’s federal legislative agenda and strategy, as well as its work in the District of Columbia. Most recently, Perez served as the senior policy analyst for Criminal […]
