Representatives Eleanor Holmes Norton, Barbara Lee, and Earl Blumenauer recently sent a letter to the Executive Director of the United States Botanic Garden, Dr. Saharah Moon Chapotin requesting that male and female hemp plants be on display. The lawmakers wrote: “Since 2014, hemp has become a respected agricultural commodity in the U.S. More than 45 […]
This is the fifth installment in an ongoing series offering tips and advice for marijuana and hemp extraction companies. The fourth installment is available here. Cannabis activists have been saying for decades that the plant should be regulated like alcohol. Now science is helping to make cannabis act like alcohol, too. Extraction scientists and formulators […]
Now that things are legal in the state of New York, two Indigenous tribes are beginning to plant the seeds of a new business plan. Syracuse.com broke the story, that starts with the Shinnecock Indian Nation breaking ground on an eventual marijuana facility on Long Island, and ends with the Saint Regis Mohawks discussing a […]
The research arm of the U.S. Department of Agriculture is working to find better ways to use hemp oils in skin creams and other personal-care products. The Agricultural Research Service announced Tuesday that it would start a 24-month agreement with the Midwest Bioprocessing Center, a Peoria, Illinois, firm specializing in organic chemical and pharmaceutical manufacturing. […]
The Valens Co., a Canadian marijuana product manufacturer, announced Tuesday that it will acquire Florida hemp-CBD manufacturer Green Roads CBD. The deal includes $40 million up front, including $25.4 million in Valens Co. common shares and up to $14.6 million in cash, plus up to an additional $20 million in earnout payments if earnings goals […]
Texas hemp company Wildseed Hemp faces a trademark lawsuit from a wildflower farm that says its name is damaging the wildflower business’ reputation. Wildseed Farms says in its case filed in federal court in Austin that the hemp company “could have a disastrous effect” on its reputation because the hemp company makes “controversial hemp and CBD […]
It’s common lore in the hemp industry: Henry Ford made a car out of hemp, but then anti-cannabis hysteria and a malevolent steel industry squashed the plant’s potential as an automotive component. The true history is more complicated. Engineers have been tinkering with hemp fiber components in automotive bodies and interiors for many decades, failing […]
The U.S. Postal Service is delaying a ban on sending vape products in the mail, saying the agency needs more time to review how to implement the changes ordered by Congress. The ban was supposed to take effect Monday and apply to all vape companies, even those shipping legal hemp-derived products. The ban was adopted […]
Alabama fiber processor BastCore has raised $2.8 million from Series A investors and plans to use the money to keep up with demand. Based in Montgomery, BastCore makes yarn and other fiber products from hemp stalks. The investment came in a Series A round. Investors included Poseidon Asset Management, which said in the statement that […]
Image courtesy Oatly Move over, nutrition facts – food companies and consumer packaged goods manufacturers are adding carbon-footprint labels to their products in an effort to be transparent about their environmental impact. Now hemp and marijuana companies are considering whether to jump on a trend experts say will intensify as governments double down on climate […]
