Texas opens applications for 2020 hemp production

Texas has opened applications to grow and process hemp in the nation’s second-largest state. But state agriculture agronomists are warning that Texans shouldn’t look to wetter states like Kentucky and Oregon to predict production. The applications opened Monday and come with $100 application fees $100 licensing fees $300 sampling and testing fees A recent report […]

Oregon city considering hemp production ban

Hemp bans in California towns are common as the crop struggles to gather broad support in a state where nearly half of its counties outlaws hemp production. But in Oregon, where hemp has become a widely accepted stable, one city is considering banning production within its limits. The Medford City Council this week reviewed possible […]

Reporter’s Notebook: Why hemp producers should use biocontrols to promote sustainable production

(This is an abridged version of a column that appears in the March issue of Marijuana Business Magazine.) Cannabis is often touted as a self-sustaining crop that doesn’t need pest protection. Yet in 2019, outdoor hemp farmers saw heavy disease and pest pressure. As planting season approaches for outdoor hemp and marijuana, cultivators need viable solutions […]

Charlotte’s Web cites need for better hemp research in launch of new division

Saying the hemp industry needs better research into cannabinoid safety and efficacy, Colorado CBD maker Charlotte’s Web has launched a new research division and tapped a former health diagnostics executive to lead it. Tim Orr is leading a new division called Charlotte’s Web Labs, a team of about a dozen that will expand the company’s research efforts […]

Another Kentucky hemp company files for bankruptcy

Anoher Kentucky hemp producer is seeking bankruptcy protection. Atalo Holdings cited “confounding guidance” from regulators and “unforeseen market forces” in announcing the Chapter 7 filing late Friday. Atalo chairman Andrew Graves said in a statement that the company hopes to continuer operating while bankruptcy proceeeds. Graves called his company “an attractive opportunity for a timely new […]

California firm cuts $25M revenue projection on hemp-trading platform

California-based KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, is ratcheting back its hemp revenue predictions. The company told investors Friday that it’s retracting its 2020 hemp revenue guidance of $25 million. The announcement came as the firm announced it will miss this quarter’s revenue estimates. The company cited a “slower-than-anticipated rollout […]

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