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 […]
Another Big Agriculture company has acknowledged engaging in lobbying activity on behalf of industrial hemp. Syngenta AG, a major player in global agriculture with agronomic interests from plant breeding to crop protection, said it is monitoring industrial hemp regulations. Company officials say they are especially interested in the U.S. Environmental Protection Agency granting registrations for […]
The nation’s largest grocery store chain by revenue, Kroger, is now lobbying on CBD policy. The move comes after the grocery giant added CBD topicals to its store shelves in 17 states. According to Kroger lobbying disclosures, first reported by Cannabis Wire, the grocery giant reported spending roughly $190,000 in the fourth quarter of 2019 […]
The coronavirus outbreak in China likely will benefit American hemp companies that compete with Chinese suppliers on the global and domestic markets. Trade tensions between the United States and China previously caused disruptions in the cannabis supply chain. And this newest issue underscores the vulnerabilities in the global marketplace that vape and other cannabis and […]
The staff of Hemp Industry Daily attended the World Ag Expo in Tulare, California, this week. Here are some of the new products for hemp cultivation and processing. (Click on the orange arrows to advance the slideshow.) Subscribe to our Newsletter
British food regulators have given the CBD industry a little over a year to apply for safety evaluations in order to remain on shelves, a landmark advancement as many nations have yet to decide whether the cannabidiol can be sold in food. The announcement by the United Kingdom’s Food Standards Agency (FDA) on Thursday also set […]
As hemp production grows at lightning speed, farmers are finding that the difference between success and failure in the cutthroat market happens before the first leaves emerge. Selling a hemp crop for the right price is dependent on starting with the right genetics and environment for growing. But in a new industry with a precious […]
Rhode Island CBD manufacturer Abacus Health Products acquired Utah’s Harmony Health brand of topical CBD products in a cash-and-stock deal worth $5.5 million. The acquisition flexes Abacus’ retail footprint to roughly 12,000 locations nationwide. Harmony Health brands, which will continue selling under the Harmony Health name, include lotions, pain relief gels and roll-ons made by third-party contract […]
The staff of Hemp Industry Daily is attending the World Ag Expo in Tulare, California. We asked members of the hemp industry: How will farmers cope with USDA hemp rules in 2020? “I don’t think I want to take the risk of having to throw away my whole farm or go to jail because my product […]
California has issued a 10-year ban on drug felons growing hemp, a move state authorities say is required by the federal law that legalized the crop. The ban, issued Monday by California’s Department of Food and Agriculture, makes people convicted of drug felonies ineligible to receive state hemp-cultivation licenses for a decade. The emergency rule was […]
