Hemp-based wood startup in Kentucky begins production amid trade dispute

A Kentucky company planning to develop hemp-derived wood products has begun production even as it appeals a 25% tariff on some equipment from China. Fibonacci opened its $5.8 million facility in Murray, Kentucky, this week. The company, which plans to employ 25 people making hemp-based wood products such as flooring and furniture components, is appealing a tariff […]

Deadline is approaching for MJBizDaily’s cannabis industry awards

The deadline for submitting nominations for Marijuana Business Daily’s inaugural MJBizDaily Awards is Saturday. The awards, which will be held during MJBizCon Week (Dec. 7-13) in Las Vegas, will recognize the top companies, individuals and organizations participating in the global cannabis industry. The MJBizDaily editorial staff will choose the winners in the awards categories that cover different […]

USDA: Crop insurance available for some hemp growers for 2020 season

Federal crop insurance is finally coming to some hemp farmers as the U.S. Department of Agriculture (USDA) takes more steps toward adopting new rules for hemp production. Industrial hemp farmers producing hemp for fiber, flower or seeds will be eligible for crop insurance coverage under the Whole-Farm Revenue Protection (WFRP) program for the 2020 crop […]

Canadian CBD firm signs up controversial former US attorney general as legal adviser

Matthew Whitaker Toronto-based CBD company Alternate Health has retained former acting U.S. Attorney General Matthew Whitaker and his Kansas City, Missouri, law firm, Graves Garrett, to act as outside counsel. Whitaker was a controversial figure during his short term running the U.S. Department of Justice under President Donald Trump. Whitaker served as acting attorney general […]

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