Exclusive: Smokable hemp market worth up to $80 million for 2020, with fivefold growth predicted

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 […]

California bill to allow hemp CBD-infused products fails

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 […]

Brazilian cannabis advocates, critics attend virtual hearing on draft cultivation law

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 […]

Lawmakers Prepare for Historic House Floor Vote on the MORE Act

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.

In Poland, hemp production growing fast despite legal ambiguity, uneven enforcement

(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 joins calls for USDA hemp delay

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.” […]

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