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 […]
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” […]
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 […]
A Southern California marijuana company is teaming with a rural water projects developer to start growing hemp in the Mojave Desert. Glass House Farms of Carpinteria, California, says it has created a joint venture with water developer Cadiz Inc. to grow 60 acres of hemp starting next month in Cadiz, in rural San Bernardino County. The […]
Every day NORML Chapters from around the country invest countless hours in advocating for meaningful marijuana law reforms on the local, state and federal level! Here is a brief rundown of some of their most recent media accomplishments.
Kristen Nichols is the editor of Hemp Industry Daily. (This is an abridged version of a column that appears in the July issue of Marijuana Business Magazine.) Hemp is worth 10 times as much as soybeans. No, 20 times. No, 100 times. Sound too good to be true? Farmers I know and trust insist that gold-rush […]
Ohio Gov. Mike DeWine has signed into law a measure authorizing CBD sales and the commercial production of industrial hemp in the state. The law takes effect immediately and allows CBD to be sold outside dispensaries. Before, CBD was legal in Ohio but only in medical marijuana dispensaries. Highlights of the Ohio hemp law include: CBD […]
(Photo courtesy of Hempen) The case of Hempen, the United Kingdom’s not-for-profit farming cooperative, illustrates the extra hurdles British hemp farmers face in not being able to use the flower, the most valuable part of their crop. Based in Oxfordshire, Hempen had been growing hemp since 2015. And, until last year, the harvest was used […]
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 […]
Cannabis investment company SOL Global Investments purchased additional common shares to raise its ownership in its CBD-focused wellness subsidiary HeavenlyRx to 44.53%. As part of a larger private offering, the Toronto-based international investment company announced Monday it spent an additional $18.1 million (23.9 million Canadian dollars) on HeavenlyRx. The announcement comes just weeks after Sol […]
