Drug Policy Alliance Statement on GOP Senate COVID Package

“HEALS Act” Fails to Address the Plight of Incarcerated People, Countering Efforts to Eradicate the Virus Washington, D.C. – In response to Senate Republicans unveiling their one trillion dollar stimulus package, the “HEALS Act” –  which Majority Leader Mitch McConnell (R-KY) has said will likely represent lawmakers’ last major legislative response to the pandemic – […]

Bankruptcy lessons learned from a Kentucky hemp pioneer

(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Filing for bankruptcy protection isn’t an ideal destination for any company. However, the stigma around it has been significantly lessened in recent years—especially in an industry as tumultuous as hemp, according to Bill Hilliard, CEO of Winchester, […]

West Virginia professor gets $200K from feds to study THC changes in hemp plants

Federal agriculture authorities have awarded $200,000 to a West Virginia University professor to study what leads to inconsistent levels of THC in hemp plants, sometimes above what’s legal. Michael Gutensohn, an assistant professor of horticulture  will be collaborating with two former WVU faculty members for the project, which includes seeing what genetics and environmental factors […]

Hemp companies in financial trouble have legal bankruptcy options not offered to marijuana operators

(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) In a recession, there are bound to be business casualties—particularly in a high-risk, nascent industry such as hemp. Hemp companies have experienced a perfect storm of obstacles since legalization in late 2018—an uncertain regulatory environment, overproduction in […]

Australia completes first hemp seed export to New Zealand

Australia has exported its first shipment of hemp seeds to New Zealand. The export was made possible because the Australian government recently passed legislation to ease regulations on trade, Business News Australia reported Friday, but did not say how much was exported or when. Australian Minister of Agriculture David Littleproud said the federal government will […]

FDA submits CBD enforcement policy draft guidance to White House

Federal food and drug officials submitted a CBD enforcement policy document for approval on Wednesday, Hemp Industry Daily has learned. The U.S. Food and Drug Administration submitted its “Cannabidiol Enforcement Policy” draft guidance for industry to the White House Office of Management and Budget. With approval from the OMB, which must sign off on new regulations from […]

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