Hemp group pitches plant as an economic engine for Europe in post-pandemic era

A key industry group for farmers and processors in Europe wants EU policymakers to see industrial hemp as a potential catalyst for regenerating rural areas following the coronavirus economic downturn. In a manifesto released on Tuesday, the European Industrial Hemp Association said the crop could deliver long-term sustainable growth and create jobs across EU rural economies […]

Chart: Illinois harvested 73% of crops planted in 2019, according to first-year hemp production totals

Hemp farmers in Illinois were able to harvest 73% of their 2019 crop, despite swings in the weather that made farming not so favorable in the inaugural year of legal hemp production. According to a report released earlier this month by the Illinois Department of Agriculture (IDOA), Illinois farmers produced nearly 2.3 million pounds of […]

Pennsylvania CBD wholesaler expands sales team with Zappos executive

A CBD and terpene wholesaler in Pennsylvania has hired a former Zappos executive as part of a drive to expand its management team and market its cannabinoid formulations to large consumer products companies. Leetsdale-based Hemp Synergistics has brought on Allison Bentley, a former merchandising manager at e-commerce giant Zappos.com, to serve as vice president of […]

Virginia governor signs CBD food regulations into law

Virginia has joined other states in allowing CBD in food despite federal prohibitions. Gov. Ralph Northam recently signed the legislation that defines CBD as food and gives state regulators power to regulate the new industry. The Virginia Department of Agriculture and Consumers will be in charge of regulations and enforcement, including overseeing labeling requirements, identifying […]

Small-business coronavirus aid programs are out of money, SBA reports

Less than three weeks after the U.S. passed a $2.2 trillion stimulus bill to help individuals and businesses through the economic disruption caused by the coronavirus pandemic, the government has reportedly out of funds for small businesses. The Coronavirus Aid, Relief and Economic Security (CARES) Act, which included $349 billion for small business Economic Injury […]

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