Hemp operators say smokable hemp is one of the fastest-growing and most lucrative segments in the nascent hemp and CBD industry – and market analysts agree, with expectations that the market will experience five-fold growth in the next five years. For 2020, market researchers at Nielsen project sales in the current smokable-hemp market to reach […]
A California proposal to allow hemp extracts in food and beverages has again failed amid broad disagreement on how to allow cannabinoids outside licensed marijuana retailers. The bill would have also set testing and labeling requirements for safety, and to ensure products don’t exceed 0.3% THC levels. But California legislative leaders did not schedule the […]
South America’s largest economy took another step toward legalizaing cannabis cultivation on Tuesday when parents, clergy members, physicians, growers and regulators logged online to attend a public hearing on a draft law that would legalize the cultivation of cannabis in Brazil. The technical meeting was organized by the lower house’s special commission for the regulation […]
A bill to remove cannabis from the U.S. Controlled Substances Act regardless of THC content and thereby legalize marijuana federally – with massive business implications – is scheduled to be considered by the full U.S. House the week of Sept. 21, according to House Majority Leader Steny Hoyer. Looming Congress vote would eliminate THC line […]
New Holland North America vice president Brett Davis has been tapped to join the National Hemp Association’s board of directors. Farm equipment exec joins National Hemp Association board is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
House lawmakers are preparing for a September floor vote on legislation – The Marijuana Opportunity, Reinvestment, and Expungement Act a/k/a The MORE Act — to remove marijuana from the federal Controlled Substances Act. The forthcoming vote would mark the first time since the passage of the Controlled Substances Act of 1970, which placed cannabis in the same category as heroin as a Schedule I controlled substance, that a Congressional chamber has voted to remove marijuana from its prohibitive classification.
The post Lawmakers Prepare for Historic House Floor Vote on the MORE Act appeared first on NORML.
An Oregon legislator instrumental in legalizing hemp in 2018 says Congress can always create laws to regulate CBD if the industry isn’t happy with the rules from the U.S. Food and Drug Administration. Sen. Ron Wyden, a Democrat, blamed the FDA for stifling the growth of the CBD market during a speech Thursday to the […]
Nebraska voters will decide this November on a statewide ballot measure seeking to legalize and regulate medical marijuana access in the state.
The post Nebraska Medical Marijuana Initiative Qualifies for November 2020 Ballot appeared first on NORML.
(Editor’s note: This is the first of a series of national snapshots on Europe’s complex hemp industry. To learn more about hemp production and opportunities elsewhere in Europe, download our free “Hemp Cultivation In Europe” report here.) Despite being overshadowed by the output of France’s hemp farmers and the heft of Germany’s consumer buying power, […]
Colorado Republican Cory Gardner is the latest U.S. senator calling for a delay on implementation of federal hemp regulations overseen by the U.S. Department of Agriculture. Gardner, who represents the nation’s No. 1 hemp-producing state by licensed acreage, told USDA Secretary Sonny Perdue in a letter that the proposed rule “seriously undermines this burgeoning industry.” […]
