Texas deems CBD-only retail nonessential during pandemic closure

CBD retailers aren’t essential businesses that can stay open despite closure orders in Texas. That’s the ruling from the Texas Department of Emergency Management, the agency that arbitrates which businesses are subject to the state’s stay-at-home order. CBD retailers were among the 3,000 or so businesses asking, to stay open, the San Antonio Express-News reports. The Texas […]

Hemp Industries Association names new president, executives

A reshuffling at the Hemp Industries Association has Colorado hemp activist Rick Trojan as the group’s new president. The business advocacy organization also named Mike Lewis, a hemp farmer and educator in Lexington, Kentucky, as the group’s new vice president. Trojan replaces former president Joy Beckerman, who left the position last month. HIA said Wednesday […]

Iceland amends narcotics regulation to allow hemp seed imports

Farmers in Iceland will be allowed to import industrial hemp seeds for the first time this year after the health minister gave regulators the power to grant exceptions to the Nordic island’s total ban on cannabis and cannabis products. Health Minister Svandís Svavarsdóttir brought forth an amendment that authorizes the Icelandic Medicines Agency (IMA) to […]

Kentucky extractor Elemental Processing files for bankruptcy protection

Another Kentucky hemp company is filing for federal bankrupticy protection, this time Elemental Pricessing in Lexington. The toll processor noted debts of some $56.7 million in its Chapter 11 filing on Monday. The debts include $100,000 in unpaid rent for its Lexington facility. Elemental Processing listed assets between $1 million and $10 million. The company […]

Q&A: How to market CBD products without attracting FDA warnings

Even before the coronavirus pandemic, CBD and herbal product manufacturers were getting in trouble with the U.S. Food and Drug Administration for making unsubstantiated claims about their products. But the coronavirus has ushered in more dubious claims – and more warning letters from the FDA directing companies to immediately stop. The letters have hit businesses across […]

California company enters deal with Nicaraguan firm to buy farm for hemp grow

A California company that sells coffee to cruise lines and grocery stores says two of its subsidiaries have entered into an agreement with Nicaraguan cooperative to buy a farm for a hemp grow and processing facility. Youngevity International of Chula Vista announced Tuesday that CLR Roasters LLC and Khrysos Industries, Inc., its two subsidiaries, have […]

Hemp group pitches plant as an economic engine for Europe in post-pandemic era

A key industry group for farmers and processors in Europe wants EU policymakers to see industrial hemp as a potential catalyst for regenerating rural areas following the coronavirus economic downturn. In a manifesto released on Tuesday, the European Industrial Hemp Association said the crop could deliver long-term sustainable growth and create jobs across EU rural economies […]

Thursday webinar: Data expert offers ‘COVID-19’s Consumer Insights’ and advice on CBD sales strategy

Consumers are buying more CBD in response to the coronavirus pandemic. How should your company adjust to meet demand? Thursday webinar: Data expert offers ‘COVID-19’s Consumer Insights’ and advice on CBD sales strategy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs Views: 284

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