An association that represents the top officers of the departments of agriculture in all 50 states and four U.S. territories has joined other voices on Capitol Hill in asking the U.S. Department of Agriculture (USDA) for a 60-day extension on submitting public comments about hemp production. In a letter to federal agriculture officials, the National […]
Stringent sampling and testing protocols mandated by federal agriculture officials in the new hemp production regulations could make the hemp flower market go up in smoke, according to industry observers. Farmers and industry advocates worry the lucrative smokable hemp flower that many farmers are producing – with hopes of earning some of the highest profits […]
The U.S. Senate has confirmed a cancer specialist from Texas to lead the U.S. Food and Drug Administration (FDA). Dr. Stephen Hahn was confirmed Thursday. He replaces Dr. Scott Gottlieb. Hahn hasn’t said how he believes cannabis extracts such as CBD should be regulated, though he said at his confirmation hearing that he wants to see […]
Front Range Biosciences is the inaugural winner of the MJBizDaily Awards’ Hemp Game Changer Award. The 2019 award was presented to Front Range Biosciences CEO Jonathan Vaught on Thursday night at the MJBizDaily Awards gala during MJBizCon Week in Las Vegas. “I’m really honored,” Vaught said after winning the award. “I’ve got an incredible team that […]
A Kentucky hemp producer has secured a sizable loan to help grow its business in 2020. AgTech Scientific, a privately held hemp and CBD company in Paris, Kentucky, said it has closed a $30 million business loan with Truist Financial, a Charlotte, North Carolina-based bank holding company formerly known as BB&T. “We are honored to […]
The legal battle between the U.S. arm of Canadian cannabis giant Canopy Growth and a Nevada-based hemp producer appears to be over. Canopy filed notice that it is dropping its lawsuit accusing Go Farm Hemp of squandering a $12 million advance to grow hemp. Canopy’s filing to dismiss came a month after Go Farm Hemp’s […]
In 2020, one in five lots of hemp will need to be destroyed because the plants exceed the legal THC limit, according to new estimates from the U.S. Department of Agriculture (USDA). These USDA estimates are some of the figures outlined in Hemp Industry Daily’s new special report, “USDA Hemp Rules: A Handbook for Hemp […]
New York prosecutors have dropped criminal charges against a CBD retailer who tried to pick up a shipment of hemp biomass from Vermont. But authorities have not yet returned the hemp to Green Angel CBD. Ronen Levy was facing marijuana charges by the Brooklyn District Attorney’s Office over Green Angel’s November shipment of 106 pounds of hemp […]
Have a sales plan. Consider hemp markets beyond the flower. And get ready for a bumpy ride. Those were among the many business takeaways from the 2019 Hemp Industry Daily Forum on Tuesday at the Las Vegas Convention Center during MJBizCon Week. The forum drew more than 500 entrepreneurs from all sectors of the hemp supply […]
Maine currently holds the record for taking the longest to roll out its marijuana retail program. What happened in the Pine Tree State, and how can the next states to legalize avoid what went down there?
