Alaska governor cuts funding for hemp program, cites no existing industry

After developing proposed rules in June for its 2019 hemp production regulations, Alaska officials have determined a state industrial hemp program may not be worth funding. Republican Gov. Mike Dunleavy cut $375,000 from the state budget for the Alaska’s industrial hemp program, saying there is “no existing industry to support a state-funded program.” Under a […]

Hemp for animal feed: Economic potential waits out legal maneuvering

Given hemp’s new legal status, many farmers and livestock producers want to explore cannabis for animal feed and the research that suggests its nutritional and developmental benefits. But they’re facing market and legal uncertainties that are familiar to those making hemp products for people. A 2017 Colorado study cited “a lack of domestic economic data” […]

Hemp commodity exchanges scramble to offer vetted trading platforms

It’s August, and though national hemp production rules have yet to be released, the industry continues to develop new business options to fill the void for trade within the space. One new offering says it can give the entire hemp supply chain a way to verify advertised industrial  products. PanXchange’s trading platform, which launched Thursday, said […]

Canopy breaks ground on NY hemp industrial park

One of the largest cannabis companies in the world made a significant move into the U.S. hemp industry Monday by breaking ground on a new industrial park for hemp processing in New York. Canadian cannabis pioneer Canopy Growth Corp., based in Smith Falls, Ontario, unveiled plans for its new $150 million Hemp Industrial Park in […]

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