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Lifestyle
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Oral hygiene giant Colgate Palmolive is joining the ranks of major U.S. companies entering the hemp and CBD space, with one of its soon-to-be brands launching a line of cannabidiol-containing toothpastes, mouthwashes and lip balms. Hello Products, an oral care brand based in New Jersey, launched its seven-product CBD line earlier this week, CosmeticsDesign reported. Founded […]
Agriculture officials in Louisiana have begun issuing the first hemp production and handling licenses to farmers, processors and transporters, while businesses ranging from gas stations to pharmacies have received the go-ahead they need to sell products containing CBD in the state. As one of the first three states to receive federal approval for its state […]
Washington state and Wyoming are the latest states to get approval from the U.S. Department of Agriculture to run their own hemp oversight. The USDA also approved three American Indian Tribes: the Otoe-Missouria Tribe the Prairie Band Potawatomi Nation and the Santee Sioux Nation. The 2018 Farm Bill said that states and tribes could run their […]
Australis Capital, a cannabis investment firm based in Las Vegas, terminated its planned acquisition of hemp company Folium Biosciences in the wake of lurid headlines that surfaced regarding the Colorado company it was going to purchase only two months ago. Australis, a spin-off of Canadian marijuana producer Aurora Cannabis, said in a news release it […]
A major fruit and vegetable processor is entering the market for smokable hemp flower, converting a former pear and apple cannery in Washington state to hemp drying. Seneca Foods, a Nasdaq-listed (SENEA) company that processes fruits and vegetables from more than 2,000 farms across the U.S., said it has acquired a 49% stake in CraftAg, a […]
Former Clorox and Burt’s Bees executive Phoebe Leppla is joining Open Book Extracts to lead the company’s product development efforts. Leppla previously led research and development teams at Burt’s Bees, and she spent a decade at The Clorox Co. before that. There, she specialized in “product innovation in cleaning, wellness, beauty and personal care,” Open […]
Farmers feeling the effects of an oversupply of hemp for CBD are looking to minor cannabinoid production as another option to make the kind of profit margins they thought they would see from entering the hemp space. More hemp plant breeders are offering genetics for CBG production in 2020, while others are working to select […]
One of the top U.S greenhouses for ornamental plants plans to partner exclusively with Colorado-based hemp seed production company Front Range Biosciences. Coastal Greenhouses, which has six facilities in four states on the East Coast, joins a movement of ornamentals greenhouses that have shifted to the hemp market amid decreasing profit margins and other market pressures. Under […]
A major hemp processor based in Pittsburgh has folded, following the collapse of hemp and CBD market prices. Commonwealth Alternative Medicinal Options (CAMO) closed its 45,000-square-foot CBD processing facility on Monday, leaving a hole in the local supply chain, according to The Tribune-Review. Pennsylvania licensed 324 hemp farmers, who produced the crop on 4,000 acres […]
