If you’ve ever eaten hemp seeds, worn a hemp bracelet, or used body care products with hemp as an ingredient, you might find it hard to believe that cannabis’s non-intoxicating cousin was’t legal in the U.S. until 2018, when lawmakers finally made hemp legal as part of the 2018 Farm Bill after more than 80 […]
If the CBD market is any indication of how other sectors will be affected by the United Kingdom’s divorce from the European Union, buckle your seatbelts. Supply-chain slowdowns and lockdowns due to the Covid-19 pandemic have already made doing business in the UK a challenge. Now, with the confusion surrounding the final Brexit trade deal, […]
The hemp industry may be young, but the niche crop still contributed at least $4 billion to the U.S. economy last year and could contribute nearly $16 billion by 2025. That’s the projection from the new 2021 Hemp & CBD Factbook, an exclusive overview of the hemp market that includes key metrics businesses need to navigate […]
Hemp-derived CBD energy drinks manufactured by the UK brand Trip have been stocked in Queen Elizabeth II’s Windsor Farm Shop, UK tabloid The Sun reported. According to an unnamed source in the report, the drinks have been popular with patrons of the shop, which was founded in 2001 after the Duke of Edinburgh proposed selling […]
Jon Iverson, a 34-year-old grower whose family farm grows industrial hemp and other crops, has been elected to serve as chair of the American Farm Bureau’s Young Farmers & Ranchers Committee. The third-generation farmer and graduate of Oregon State will act as spokesman for the YF&R program and will sit on the American Farm Bureau […]
U.S. drug regulators have withdrawn their proposal to regulate over-the-counter CBD, handing the industry another setback after years of delay from the Food and Drug Administration. The proposal in question appears to be on pause because of the changing administration. The delay was widely anticipated but still frustrating for CBD operators awaiting the rules. The […]
Nationwide hemp rules released in the closing days of the Trump Administration aren’t on hold, according to the U.S. Department of Agriculture. USDA: Final hemp rules aren’t on hold — but new administration will review is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs
(This is the second part of a two-part story from Hemp Industry Daily examining the developing hemp markets on tribal lands in the United States. Read the first installment here. For more detail about tribes growing hemp, check out Hemp Industry Daily’s Hemp & CBD Factbook, available for purchase here.) Hemp and CBD companies have been working with […]
Pyxus International, the first Big Tobacco company to join the hemp and marijuana industries, is getting back out. First Big Tobacco cannabis player backs out after bankruptcy is a post from: Hemp Industry Daily: Financial, Legal & business news for hemp & CBD entrepreneurs
Farmers still making sense of long-delayed nationwide rules for growing hemp in 2021 and beyond got another wrinkle Wednesday when the incoming administration of President Joe Biden ordered a “freeze” on new regulations. The memo instructed federal agencies — including the U.S. Department of Agriculture, which oversees hemp production — to consider additional 30-day comment […]
