Officials from the National Credit Union Administration have outlined additional information on serving legal hemp businesses. A letter issued this week points out that hemp-related businesses have also been affected by the COVID-19 pandemic and that it is “important that credit unions stay current with the federal, state and Native American tribal laws and regulations […]
A Canadian biotechnology hemp company is entering an agreement with a Spanish company to produce and distribute a THC-free, high -CBG variety of the plant in Canada. Ottawa-based Cannabis Orchards’ partnership with Hemp Trading to get the hemp variety, called Panakeia, into the Canadian market comes after “successful distribution” of it in the United States, […]
Multistate marijuana operator Acreage Holdings is getting $100 million to shore up a hemp-focused subsidiary, part of a restructuring announced Thursday with Canadian marijiana giant Canopy Growth Corp. Canopy announced plans tro acquire Acreage last year. The restructuring includes a loan from Canopy so that Acreage’s hemp subsidiary, called Acreage Hempco, can “participate in the […]
Investors looking for a cannabis investment with less risk than the THC market have been snapping up hemp investments. But with falling crop prices, regulatory uncertainty, and a pandemic that has put the brakes on retail sales, it’s become a foggy picture for investors. It’s not all bad, however. There are still potential investment opportunities […]
The United Kingdom has down-scheduled Epidyolex to the lowest level of control for drugs, greatly easing restrictions on the cannabidiol medicine and reducing red tape for companies that supply it. The new classification came into force Wednesday. “This will reduce administrative processes for companies wanting to supply Epidyolex to patients with severe epilepsy,” according to […]
Hemp Industry Daily Conference Direct, scheduled for June 29th through July 1st, offers a state-of-the-art, immersive and interactive educational experience that delivers an unprecedented educational track for business professionals in the hemp industry. The conference will feature more than 30 Live and On-Demand sessions exploring the industry’s biggest issues and emerging opportunities for hemp business […]
Hemp Industry Daily Conference Direct, scheduled for June 29th through July 1st, offers a state-of-the-art, immersive and interactive educational experience that delivers an unprecedented educational track for business professionals in the hemp industry. The conference will feature more than 30 Live and On-Demand sessions exploring the industry’s biggest issues and emerging opportunities for hemp business […]
A measure setting up licenses to posses hemp, not just grow it, awaits the governor’s signature in Georgia. State lawmakers approved legislation that would require a license for possessing hemp, whether it’s cultivating, transporting, or selling the plant. The bill approved Monday now heads to Gov. Brian Kemp for his signature, the Savannah Morning News […]
Hemp producer Entoura, a privately held, vertically integrated hemp company, has acquired the assets of Atalo Holdings, a hemp producer and CBD manufacturer located in Winchester, Kentucky. Headquartered in New York City, Entoura has facilities in Kentucky, New York, South Carolina, Tennessee and Nevada focused on an institutional-scale supply chain pipeline for hemp and CBD […]
Health officials in the Czech Republic have allowed a local extraction facility to export full-spectrum hemp-derived cannabis extract to a Spanish pharmaceutical ingredient manufacturer. Prague-based PharmaCan s.r.o. was granted an export authorization from the Czech Ministry of Health to send 500 grams of extract to Spain, the company’s subsidiary CBDepot said in a statement on […]
