Colorado hemp producer and CBD maker Charlotte’s Web on Tuesday revealed the latest farm art installation in a campaign to promote hemp for consumer health. Charlotte’s Web unveiled part three of its “Trust The Earth” campaign, a 76-acre farm art installation in McPherson, Kansas, as part of an effort launched in October 2019 to break […]
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) Recessions are a time for cost control, but they can also herald opportunity — especially if your industry proves as resilient as cannabis appears to be in the current downturn. Deciding where to cut costs and/or where […]
Control over GenCanna, a Kentucky hemp and CBD company that had filed for Chapter 11 bankruptcy in February is now being disputed in a 6th circuit bankruptcy appellate court. Massachusetts-based cannabis company MariMed, a major stakeholder in GenCanna, filed a notice Thursday showing intent to appeal an order from the U.S. Bankruptcy judge who found […]
Hemp investors can look at deals both in the U.S. and beyond for money-making potential. In recent years, opportunities to invest in hemp companies have opened up around the world and countries are creating more markets. In a Hemp Industry Daily webinar, “Global Opportunities in Hemp and How to Execute on Them,” on Tuesday, July […]
Federal agriculture officials named a lone representative of the hemp industry to a committee advising the U.S. Department of Agriculture and Office of the U.S. Trade Representative to advise on trade policy. Kevin Latner, the vice president of marketing for the National Industrial Hemp Council, was appointed to the Agricultural Technical Advisory Committee for Processed […]
(This is an abridged version of a story that appears in the July issue of Marijuana Business Magazine.) When the Great Recession hit in late 2007, the cannabis industry showed little resemblance to what it is today, with only a few businesses operating now that were open then. Today, thousands of growers, retailers, manufacturers and […]
Two large-scale Kentucky hemp companies have expanded their strategic alliance by adding a toll processing and drying technology swap to the deal. GenCanna Acquisition Corp., formerly GenCanna Global, a seed-to-sale hemp and CBD company based in Winchester, Kentucky, and Vertical Wellness, a Cadiz, Kentucky-based vertically integrated hemp and cannabinoid health and wellness brand firm, said […]
South Dakota is closer to submitting a final proposal to regulate hemp to the U.S. Department of Agriculture, but it’s likely a framework won’t be in place for this growing season. South Dakota officials sent a draft plan Thursday for the USDA’s review before a final submission, KELOLAND News reported. State Department of Agriculture spokeswoman […]
The Good Ole Hemp farm in St. Cloud, Minnesota. (Photo courtesy of Josh Helberg, owner of Good Ole Hemp) Federal agriculture officials with the U.S. Department of Agriculture signed off on hemp production plans for two states and a U.S. territory this week. Minnesota, which has been a hemp state for six years under the […]
The Hemp Industries Association is closing its 13 affiliates nationwide and forming a group to recommend a new structure for the nonprofit advocacy organization. The HIA board’s decision announced Thursday comes during a time of great tumult for the organization, with departures from high-profile leaders over the last year and some member chapters saying the […]
