New $102 million equity fund targets science, tech hemp and MJ businesses

Pennsylvania-based Intrinsic Capital Partners says it raised $102 million in a fund that will invest in science and technology businesses focused on the legal hemp and marijuana industries. “We believe this is … a rare opportunity to invest in a space where there’s tremendous underlying demand, a strong industrywide growth profile and scarcity of capital,” […]

Wisconsin hemp cultivation will continue under 2014 rules, after confusion over deadline

Wisconsin agriculture officials say hemp cultivation in the state will continue under the 2014 Farm Bill pilot program after the federal government extended the legislation’s authority for another year. Thursday’s announcement clarifies confusion over what regulations the state needed to follow because Wisconsin submitted a cultivation plan under 2018 rules from the U.S. Department of […]

Growing hemp without soil? These universities want to hear from you

Researchers from seven universities and federal laboratories want to hear from hemp and cannabis growers throughout North America to help identify production issues, and research and outreach needs associated with producing specialty crops in soilless substrates. The researchers, recipients of a federal planning grant from the U.S. Department of Agriculture’s Specialty Crops Research Initiative, are […]

Michigan: Gov. Whitmer Signs Marijuana Expungement Legislation Into Law

“Thousands of citizens unduly carry the undue burden and stigmatization of a past conviction for behavior that is no longer considered to be a crime. Our sense of justice and our principles of fairness demand that officials move swiftly to right the past wrongs of cannabis prohibition and criminalization.”
The post Michigan: Gov. Whitmer Signs Marijuana Expungement Legislation Into Law appeared first on NORML.

Hemp businesses look to blockchain to provide transparency to customers

As the hemp industry matures, some business are starting to rely on blockchain technology to assure customers that the products they’re buying contain what’s advertised and information on where they originated. Track-and-trace systems are nothing new in states with medical or recreational marijuana that are required by law to demonstrate a products’ journey from seed […]

SBA calls on USDA to change 5 ‘small business stifling’ hemp production rules

The U.S. Small Business Administration is asking federal agriculture officials to listen to farmers on five crucial elements of the proposed interim final rule for hemp production. In its formal comments to the U.S. Department of Agriculture’s Agricultural Marketing Service during the extended comment period that ended last week, the Office of Advocacy of the […]

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