A bill to triple the THC limit for hemp grown in the United States has been introduced by Kentucky Sen. Rand Paul. The Republican’s proposal to raise the THC dividing line between hemp and marijuana from 0.3% THC to 1% THC stands little chance of success in the abbreviated lame-duck Congress. But the suggestion reflects […]
Hemp is another step closer to being recognized as a mainstream agricultural commodity with new pricing data being added to the Chicago Mercantile Exchange. The CME Group, a diverse derivatives marketplace that enables clients to trade futures, options, cash and over-the-counter markets including agricultural products, energy and metals, announced Tuesday that customers can access hemp […]
Aphria and Tilray, two Canadian giants in cannabis, have agreed to combine operations and form an international bohemoth with combined equity value of approximately 5 billion Canadian dollars ($3.9 billion). The merged entity includes Manitoba Harvest, a Winnipeg maker of hemp food products that was acquired last year by Tilray. Based on data reported by […]
Hemp businesses won’t benefit directly from the $150 million raised by a special-purpose acquisition company that was initially established in hopes of investing in and further developing the U.S. hemp market. But a deal was made in the spirit of aligning the industry with large manufacturers in the future, according to Geoff Whaling, president of […]
Regulators in Australia have amended the country’s drug law and removed a prescription requirement for some CBD products, paving the way for greater consumer access but saddling CBD makers with efficacy requirements that threaten to create barriers to market entry. The Therapeutic Goods Administration (TGA) said Tuesday it was amending the country’s Poisons Standard to […]
The research arm of the U.S. Department of Justice has awarded $350,000 to a federal laboratory to develop a reliable method for measuring THC levels to distinguish industrial hemp from marijuana. The 2018 Farm Bill allowed the cultivation of industrial hemp in the United States by providing a threshold of 0.3% THC for the entire […]
Wisconsin’s humidity and long winters make it a tough place to cultivate hemp, but the state’s recent history shows the plant can still grow in abundance. Decades of cannabis prohibition, however, means farmers are having to relearn how to grow the crop and which cultivars are best suited for Wisconsin’s climate. This was the state’s […]
NORTH LITTLE ROCK, Arkansas (December 11, 2020) – Since he founded his business, Ryan Croy, co-founder of Honcho & Hoss, CBD for the Everyman, has gone through three credit card processors – not by his choice. “One pulled the plug on me over the weekend. One said they’d process but bailed before we ever got […]
Massachusetts’ governor has agreed to allow marijuana dispensaries to sell hemp and hemp-derived products grown and manufactured in the state. The change makes Massachusetts the latest to open up marijuana dispensaries to hemp operators and gives Massachusetts’ 79 farmers and 19 hemp processors their first route to selling CBD in foods, drinks and dietary supplements. […]
The Supreme Court of Mexico has again extended the deadline for legislators to comply with a mandate to legalize industrial hemp and adult-use marijuana. Congress can now legislate on this matter until the end of the next ordinary session period, which starts in February 2021 and ends in April. The Mexican Chamber of Deputies – […]
