(Click on the orange arrows to advance the slideshow.) The Top 10 hemp business stories of 2020, based on your page views:
(Click on the orange arrows to advance the slideshow.) The Top 10 hemp business stories of 2020, based on your page views:
Authorities in Uruguay have given Australia-based pharmaceutical company Creso Pharma the green light to market its line of CBD animal products in the South American country. Creso Pharma, which offers a range of cannabis-derived wellness and lifestyle products for humans and animals, said Monday it received regulatory approval from Uruguay’s Ministry of Agriculture and Animal […]
A similar version of this story appears on Marijuana Business Daily. Marijuana banking laws will have to wait. A hoped-for change to make it easier for high-THC cannabis operators to access banking services isn’t included in the 5,593-page, $900 billion coronavirus relief bill awaiting the president’s signature, even though it was part of the initial […]
(This column appears in the November- December issue of Marijuana Business Magazine.) Everyone knows the planet’s changing temperatures are creating dramatic swings in weather that threaten our very survival. But global warming could also be the kind of problem that provides hemp companies with opportunities that former generations couldn’t imagine. Corporate America has finally accepted […]
Toronto-based multistate marijuana company Red White & Bloom Brands secured a $60 million loan, then signed a definitive agreement to acquire an Illinois medical and recreational cultivation facility for $32.5 million. According to a news release, Red White & Bloom (RWB)’s purchase of Ontario special purpose vehicle Cannabis Capital Partners includes: The rights to a 23,572-foot cultivation […]
A higher THC limit on legal hemp in the United States is a “prerequisite” for stability in the hemp industry, according to the Hemp Industries Association. HIA Executive Director Jody McGinness told Hemp Industry Daily that the group cheers a proposed bill out this week from Kentucky Sen. Rand Paul to change the definition of […]
Pipp Horticulture, a Michigan-based producer of multi-level mobile cultivation systems for the indoor farming and horticulture industries, announced Friday that has purchased Vertical Air Systems. Headquartered in Santa Cruz, California, VAS manufactures air circulation systems and related products for the global indoor vertical farming industry. Terms of the acquisition were not disclosed. “In 2017, when […]
A leaffooted bug munches on hemp (Photo courtesy Ric Bessin, University of Kentucky) Accessing pesticides that can be used for hemp is one of the more challenging aspects of growing the crop – and that’s not likely to change soon. As new hemp states across the country rolled out their cultivation programs in the spring, […]
A multistate marijuana company with properties including Acreage Hempco — Acreage Holdings Inc. — has appointed Peter Caldini as chief executive officer. Caldini has experience in both healthcare and consumer packaged goods, having served as president of pharmaceutical giant Pfizer’s divisions in North America and Europe, the Middle East and Africa, as well as working […]
It’s been two years since low-THC cannabis known as hemp became legal after decades of prohibition in the United States. On Dec. 20, 2018, President Donald Trump signed the 2018 Farm Bill, an $867 billion measure that included seven little words that would forever change the entire cannabis industry: “The term ‘marihuana’ does not include […]