Ohio-based Green Growth Brands lost $64 million last fiscal year, but says it has a clear path to profitability as it enters the holiday shopping season with a nationwide network of CBD retailers in conventional shopping malls. The company attributed its losses to higher-than expected spending on building out a chain of Seventh Sense CBD […]
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The governor of Maine is joining hemp producers in pushing for federal agriculture authorities to release 2020 production rules. Gov. Janet Mills wrote to the U.S Department of Agriculture (USDA) this week, saying that federal inaction on hemp is leaving states “unfairly restricted” in the new industry. Hemp businesses, she said, are “receiving notices of […]
Cassandra Farrington co-founded Marijuana Business Daily in 2011. (Photo by Soliman Productions) Cassandra Farrington, the co-founder of Marijuana Business Daily, is stepping aside as CEO of the pioneering cannabis publishing and trade show business at the end of the year and will be replaced by the company’s founding editor and president, Chris Walsh. Farrington, who has […]
A hemp processor based in central Indiana plans to build a $50 million facility in Westfield, bringing 100 new jobs to the area. BDX-Indiana, a CBD extraction company, operates a 63,000-square-foot facility in Indianapolis. The first phase of construction of the facility, which received a city tax abatement last month, will begin in December. The […]
A California CBD manufacturer challenging the hemp policies of the U.S. Customs and Border Protection agency says hemp seizures are still taking place despite nationwide legalization and a federal judge’s assurance that border seizures of legal hemp are a thing of the past. Innovative Nutraceuticals is trying to keep alive its claims against the federal government […]
A super-majority of Americans, including majorities of Democrats, Republicans, and Independents support making marijuana use legal in the United States, according to nationwide polling data compiled by Gallup.
On Wednesday, October 23rd, members of the Senate Senate International Narcotics Control Caucus (aka the Drug Caucus) will hold a hearing entitled “Marijuana and America’s Health: Questions and Issues for Policy Makers.”
An estimated two out of three Americans believe that cannabis should be legal for recreational purposes. Support for legalization was strongest among self-identified Democrats (79 percent) and Independents (71 percent). By contrast, fewer than one in two Republicans (46 percent) expressed support for legalizing cannabis.
A federal court on Friday denied a petition for a writ of mandamus that sought to order the US Drug Enforcement Administration to begin licensing private entities that wish to cultivate cannabis.
